Texas, the second-largest U.S. state, is also the second most populated. The Lone Star State gained its independence from Mexico in 1836, joining the United States in 1845, an event that would set off the Mexican-American War.
Texas has long been associated with the image of the cowboy; cattle ranching and oil mining have long been among the state’s top industries. Modest quantities of both gold and silver have been mined here in the past.
Bullion Sales Tax in Texas
In 2013, Texas passed legislation that removed its sales tax on purchases of gold, silver and platinum bullion, as well as numismatic coins. Previously, there was a 6.25% tax on precious metals purchases under $1,000, which made it difficult for investors who were looking to accumulate smaller amounts over time.
HB78 amended Sec. 151.336 of the tax code and was signed into law in June 2013. It was first time that a state has expanded an existing sales tax exemption for gold and silver.
JM Bullion, dealing exclusively in tax-exempt bullion, does NOT have to charge sales tax to Texas residents. Browse our selection of tax-free gold and silver products. Please note that we are not tax experts, and this information should not be construed as tax advice.
Local Gold and Silver Dealers in TX
If you are looking for coin shops in specific cities located in the state of Texas be sure to check out our other local directory pages:
- Local coin shops in Austin, TX
- Local coin shops in Dallas, TX
- Local coin shops in El Paso, TX
- Local coin shops in Houston, TX
- Local coin shops in San Antonio, TX
- Local coin shops in Fort Worth, TX
- Local coin shops in Arlington, TX
- Local coin shops in Corpus Christi, TX
- Local coin shops in Plano, TX
- Local coin shops in Garland, TX
- Local coin shops in Irving, TX
- Local coin shops in Laredo, TX
- Local coin shops in Lubbock, TX
- Local coin shops in Amarillo, TX
- Local coin shops in Brownsville, TX
- Local coin shops in Grand Prairie, TX
- Local coin shops in Pasadena, TX
- Local coin shops in Frisco, TX
- Local coin shops in Killeen, TX
- Local coin shops in McAllen, TX
- Local coin shops in McKinney, TX
- Local coin shops in Mesquite, TX
- Local coin shops in Waco, TX
- Local coin shops in Carrollton, TX
- Local coin shops in Midland, TX
- Local coin shops in Abilene, TX
- Local coin shops in Beaumont, TX
- Local coin shops in Odessa, TX
- Local coin shops in Richardson, TX
- Local coin shops in Round Rock, TX
- Local coin shops in Wichita Falls, TX
- Local coin shops in College Station, TX
- Local coin shops in Pearland, TX
- Local coin shops in Lewisville, TX
- Local coin shops in San Angelo, TX
- Local coin shops in Tyler, TX
Below is a list of local precious metals dealers in Texas, including directions to each local shop.
Arlington Coins carries a wide range of U.S. and foreign coins, gold and silver bullion, American Eagle bullion coins, paper currency, and coin collecting supplies. They cater to new and experienced collectors and precious metal investors alike. From basic starter coins to high-grade rare coins, from proof and mint sets to 90% silver US coinage, they stock a wide array of coins to suit any interest or investment goal.
2230 W Park Row Dr # C
Pantego, TX 76013
Austin Rare Coins & Bullion
This Austin coin shop specializes in rare coins. Their selection includes pre-1933 gold coins and certified rare coins from the United States and around the world. They also buy and sell precious metal items, including coins and bullion. They are known as one of the country’s biggest silver dealers.
Austin Rare Coins & Bullion assists investors interested in a precious metals IRA, and also carries a wide selection of gold bullion coins like the American Eagle, American Buffalo, Austrian Philharmonic, and Canadian Maple Leaf. Their more unusual offerings include shipwreck coins, ancient coins, and platinum and palladium bullion.
10500 Pecan Park Blvd. Ste 250
Austin, TX 78750
Dallas Rare Coins
Dallas Rare Coins, an ANA lifetime member, specializes in rare United States coinage. They buy individual coins and collections from investors around the U.S. Their impressive inventory includes mint and proof sets, high grade rare coins, and raw coins, in addition to foreign coins and precious metal jewelry. For more than three decades, Dallas Rare Coins has served new and experienced coin collectors alike from their Dallas storefront.
5211 Forrest Lane, Suite 101,
Dallas, TX 75244
Fort Worth Coin Company
Located in historical downtown Fort Worth, this coin shop has served Texas coin investors for more than three decades. They specialize in both rare U.S. coins and in bullion. A small selection of their coins can be purchased through their website.
Fort Worth Coin Company buys and sells gold, silver, platinum, and palladium. A PCGS authorized dealer, Fort Worth Coin Company has an on-staff numismatist to assist you with their selection of coins, bullion, and paper currency.
2820 W 7th St.
Fort Worth, TX 76107
Lone Star Coins
For over four decades, Lone Star Coins has served San Antonio coin collectors with a large selection of U.S., foreign, and ancient coins. Their selection includes proof and mint sets, rare graded coins, and paper currency. Lone Star Coins encourages children and new collectors, and also enjoys helping experienced collectors track down an elusive coin.
Lone Star buys and sells gold and silver bullion in any amount, and also purchases scrap gold and silver. A selection of their items can be purchased online. Their online quote line provides daily buy and sell prices for common gold and silver items, from American Silver Eagles to gold Krugerrands to 90% silver US coinage and 14K scrap gold.
15909 US 281 North #123
San Antonio, TX 78232
Local Gold and Silver Mints in Texas
Also browse the gold and silver mints local to Texas. Some of these mints offer retail products, while others are wholesale only.
Mulligan Mint produces silver, gold, and copper rounds. They produce approximately 25,000 ounces per day. Founded in 2012, already Mulligan Mint (or M2) has set a standard for technologically superior manufacturing, and is known for rounds in brilliant proof-like or proof quality. They produce custom rounds, and also offer a selection of 1 and 5 ounce silver rounds and 1/10th ounce gold rounds with a variety of unusual themes.
PO Box 802425
Dallas, TX 75380
Thank you for reading our guide to gold and silver buying in Texas. If you know of any other coin or bullion shops in TX, please contact us so we can update our directory.