Rochester is a picturesque city located on the banks of the Zumbro River. It’s the third largest city in Minnesota and the state’s largest city outside the Minneapolis-St. Paul-Bloomington metropolitan area. It wasn’t always such a bustling metropolis though. It was originally developed as a stagecoach stop for travelers to rest on their journey from Dubuque, Iowa, to Saint Paul, Minnesota. The arrival of the railroad in the 1860s brought many new business opportunities and settlers to Rochester.
The township flourished until 1883, when the bulk of its buildings were decimated by the Great Tornado. Yet the city refused to lie down, and it rebuilt itself. Local resident Dr. William W. Mayo and his two sons tended to those injured by the storm. His legacy is remembered at the local Mayo Clinic, one of the most respected health facilities in the world and the backbone of Rochester’s economy. It employs more than 30,000 people in the city, many of whom choose to invest some of their pay in precious metals.
JM Bullion prides itself on delivering the best advice to help investors and collectors find the most popular brick-and-mortar coin dealerships in Rochester, Minnesota. Read on to learn more about the tax ramifications when buying gold and silver here, as well as local coin dealers located in and around the Rochester area.
For sales tax information related to precious metals sales in Minnesota, please refer to our analysis located here.
The following dealers are just a few of the popular coin and bullion stores in the Rochester area.
J.D. Coins is conveniently located in the Miracle Mile Shopping Center, just off Highway 52. The store is known for its range of historic and rare U.S. coins and its honest, friendly staff members. It’s been a trusted part of the Rochester community for more than 25 years.
1607 1st Street NW
Rochester, MN 55901
Old River Valley Antique Mall is a 3,500 square foot antique mall featuring more than 20 specialty retailers. These antique specialists offer a range of wares including historic and rare coins, pop culture memorabilia, fine china, kitchenware, furniture, and much more.
From time to time, the mall offers free coin and paper money appraisal clinics sponsored by the Rochester Area Coin Club. The front-door parking and accessible features throughout the mall ensure that all patrons can enjoy their shopping experience.
204 S Main St
Stewartville, MN 55976
Old Rooster Antique Mall is another antique mall in the heart of Rochester’s downtown region. While the mall doesn’t specialize in coins, it is the area’s largest mall of antiques and collectibles, so you never know what you might find. Trading since 1986, the mall always has at least 10 dealers on hand. Loyal shoppers report that these stall owners have an extensive knowledge of their merchandise to aid investors and collectors in their purchase decisions.
106 N Broadway
Rochester, MN 55906
We appreciate you taking time to read our guide to buying gold and silver in Rochester, Minnesota. If you know of any other local coin or bullion shops in the area, please get in touch so we can update this guide.