Missouri, known as the “Show Me State,” is a Midwestern state located at the intersection of the Mississippi, Missouri, and Ohio rivers and bordered by six other states. Acquired from France as part of the Louisiana Purchase, Missouri became the 24th state in 1821.
The three largest cities in the state are St. Louis, Kansas City, and Springfield. Missouri, once the starting point of both the Oregon Trail and the Pony Express, was the scene of more than a thousand battles during the Civil War.
Bullion Sales Tax in Missouri
Under Missouri state law, bullion and investment coins are exempt from sales tax. According to the law, ‘bullion’ refers to gold, silver, platinum, or palladium, at least 0.900 pure, with a value dependent on its metal content rather than the form. “Investment coins” refers to “Numismatic coins or other forms of money and legal tender manufactured of gold, silver, platinum, palladium or metals with a fair market value greater than the face value of the coins.”
Note that paper currency, as well as tokens and other non-legal tender numismatic collectibles, are not tax exempt. For these items, a state sales tax rate of 4.225% applies. There are often additional city or county sales taxes; the total tax rate can be as high as 9.6% in Missouri.
Local Gold and Silver Dealers in MO
If you are looking for coin shops in specific cities located in the state of Missouri be sure to check out our other local directory pages:
- Local coin shops in Kansas City, MO
- Local coin shops in St. Louis, MO
- Local coin shops in Springfield, MO
- Local coin shops in Columbia, MO
- Local coin shops in Independence, MO
Below is a list of local precious metals dealers in Missouri, including directions to each local shop.
Located in Independence, Americana Collectors buys, sells, and appraises rare coins, bullion, scrap gold, diamonds, and stamps. Founded in 1978, they recently moved to a larger, more convenient location.
Americana Collectors is a PCGS and NGC authorized dealer with a focus on graded and raw U.S. coins. Their bullion options include gold, silver, platinum, and palladium, including American Eagles, Canadian Maple Leafs, Krugerrands, privately minted rounds, and pre-1933 U.S. gold coins in a variety of sizes and denominations.
14100 E. 42nd Terr., Suite A
Independence, MO 64055
Crestwood Coin & Jewelers
Crestwood Coin & Jewelers, a St. Louis coin shop founded in 1994, specializes in gold and silver coins and bullion, rare coins, jewelry, and antiques.
They also carry metal detectors and coin collecting supplies. Crestwood purchases coins, paper currency, and precious metals from individual collectors and investors, resulting in an ever-changing inventory.
10021 Watson Road
St. Louis, MO 63126
Scotsman Coin and Jewelry
Scotsman Coin carries a balanced selection of rare coins and precious metal bullion. Their buy and sell prices for most common gold, silver, platinum, and palladium bullion options are published on their website.
In many cases, there are discounts available for bulk purchases of more than 10 ounces of gold or 100 ounces of silver. Scotsman holds regular live auctions, and will consign coins for auction or buy them outright. Their generic bullion is generally sold outright, while rare or high-grade coins are usually sold via auction.
11262 Olive Boulevard
St. Louis, MO 63141
Ozark Coin Company
Ozark Coin Company specializes in helping new collectors enter the coin and precious metal market. They carry gold, silver, platinum, and palladium bullion, along with rare and historical coins.
Ozark Coin Company considers rare coins to have significant investment potential. Their selection includes a particularly wide array of early U.S. coinage and silver dollars. They buy rare coins and bullion from individual investors, and offer a wealth of investment advice online and in person.
2551 South Campbell Avenue
Springfield, MO 65807
Smith Jewelry & Coins
Smith Jewelry & Coins focuses on jewelry, though they also have an expensive selection of gold, silver, and coins. Founded in 1964, Smith Jewelry & Coins is a family-owned coin shop specializing in gold, silver, and platinum bullion, along with U.S. coins and currency. They actively buy rare coins, jewelry, scrap gold, and precious metals.
4213 South Old Highway 94
Saint Charles, MO 63304
Missouri Coin Company Inc
Missouri Coin Company offers a wide array of investment-grade rare coins, as well as gold and silver bullion. Live buy, sell, and spot pricing for the most popular gold and silver bullion products can be found on their website.
Missouri Coin Company maintains connections with coin dealers across the country, enabling them to source an even wider array of rare coins. They specialize in assisting collectors with making the right investment decisions, regardless of their experience level.
11718 Manchester Rd.
St Louis, MO 63131
Thank you for reading our guide to gold and silver buying in Missouri. If you know of any other coin or bullion shops in MO, please contact us so we can update our directory.