Wyoming, the least populated U.S. state, lies in the mountains of the Western U.S. Among the country’s least densely populated areas, much of the state is covered by prairies and mountain ranges. The capital and largest city, Cheyenne, is located near Wyoming’s border with Colorado and has approximately 91,000 residents.
Wyoming’s major industries are centered around the state’s mineral resources, which include coal, natural gas, crude oil, uranium, and diamonds. While gold and silver have both been mined in Wyoming in the past, neither have contributed a significant share of the state’s economy.
Bullion Sales Tax in Wyoming
The state of Wyoming does not have a tax exemption for coins, paper money, or precious metal bullion. Because they are not specifically exempted from sales tax requirements, transactions involving these items are taxable. The current Wyoming state sales tax rate is 4%. Some areas have additional local taxes; the total tax rate may be as high as 6% depending upon the city. Be sure to factor in this additional expense when calculating the total cost of your coin or precious metal purchase. Despite the added expense incurred by sales tax, there are a number of highly regarded Wyoming coin dealers serving local collectors.
JM Bullion, being an out of state retailer, does NOT have to charge sales tax to Wyoming residents. Browse our selection of tax-free gold and silver products. Please note that we are not tax experts, and individuals may be liable to pay local Use tax.
Local Gold and Silver Dealers in WY
Below is a list of local precious metals dealers in Wyoming, including directions to each local shop.
Wyoming Precious Metals
Wyoming Precious Metals carries gold, silver, and collectible coins. Their coin selection is primarily focused on 90% silver US coins. Their inventory includes silver bars, Morgan and Peace silver dollars, Gold coins, gold bars, quarters, dimes, and half-dollars. Wyoming Precious Metals believes that every investor should hold a portion of their wealth in precious metals, regardless of the amount they have to invest. As a result, the focus here is on precious metals, rather than collectibility. Note that the Wyoming Precious Metals shop is open by appointment only.
P.O. Box 661
Torrington, WY 82240
The Coin Shop
Though they have little internet presence, The Coin Shop is renowned as one of Cheyenne’s top coin dealers. They buy, sell, and trade U.S. and foreign coins, as well as gold and silver bars, American Eagle coins, and other forms of bullion. The Coin Shop specializes in U.S. coins from early to modern. This U.S. Mint authorized dealer also offers appraisals and coin collecting supplies, and buys gold scrap and jewelry. The Coin Shop has served Cheyenne coin collectors for over three decades, making it the area’s oldest coin shop.
510 W. Lincoln Way
Cheyenne, WY 82001
C. C. Coins
An NGC Authorized dealer, C.C. Coins carries gold, silver, platinum, and rare coins. This small shop has no internet presence, but is known throughout the local area for appraising, buying, and selling U.S. coins. They are particularly well-regarded for their selection of cents, Morgan and Peace silver dollars, and error coins. They also assist collectors with grading submission services and can help collectors build registry sets.
169 S. Wolcott
Casper, WY 82602
D & J Coins
D & J coins, a PCGS and NGC authorized dealer, buys and sells a wide range of coins. They specialize in ancient coins, colonial and U.S. coins, and bullion. Their selection includes American Eagles, Canadian Maple Leafs, silver dollars, Engelhard silver bars, and other forms of gold and silver.
Though they have no online presence, D & J Coins– a member of the ANA – is well-regarded throughout the local area. They also provide grading submission services and appraisals and can help collectors building a registry set.
194 North Main
Sheridan, WY 82801
A Life Member of the American Numismatic Association, Cheyenne Coins specializes in U.S. coins. They carry certified and raw coins, proof and mint sets, dimes and quarters, and silver dollars, as well as a smaller selection of foreign coins. Many of Cheyenne’s coins can be purchased through their website, though new inventory is added monthly; the complete selection can only be seen in person. Cheyenne Coins also offers gift certificates.
1809 Warren Avenue
Cheyenne, WY 82006
Frontier Coin & Supply
Frontier Coin carries U.S. and world coins and currency, as well as coin collecting supplies. They purchase gold and silver jewelry, bullion, and coin collections. They currently have little internet presence, and are fairly new to Cheyenne, but this small shop is quickly becoming one of the area’s top coin dealers.
1104 Logan Ave.
Cheyenne, WY 82001
Thank you for reading our guide to gold and silver buying in Wyoming. If you know of any other coin or bullion shops in WY, please contact us so we can update our directory.