Although Forbes ranked Odessa as the third fastest-growing small town in the country, Odessa’s humble beginnings still resonate throughout the city’s charming streets and friendly residents. Established in 1881 as an extension of the Texas and Pacific Railroads, Odessa is said to have earned its namesake from a region near Ukraine. Early settlers claimed to find resemblances between the two, but any traveler would be hard-pressed to witness a sunset anywhere in the world comparable to those found in West Texas.
By 1885, ranchers had moved into the area to take advantage of Odessa’s position on the railroad, turning the town into a vital asset to the cattle industry. When oil was discovered there in the 1920s, Odessa’s economic roots as a cattle shipment center all but vanished in favor of a new status as an industrial leader, attracting throngs of new residents and businesses. Oil and gas remain the city’s leading industry, contributing to a thriving economy that continues to grow.
For sales tax information related to precious metals sales in Texas, please refer to our analysis located here.
Listed below are some of the best places to buy gold and silver in Odessa, TX.
The Vault Fine Jewelry is a family-owned and operated shop that dedicates itself to providing residents and visitors to Odessa with the best possible service and rock-bottom pricing on a myriad of collectibles, including a large inventory of coins and bullion.
Collectors will find precious metals and coins dating all the way back to the 1800s alongside modern era pieces, as well as collectible paper currency. If your interests lie in coins that originated elsewhere, the Vault has you covered. Browse its selection of international coins from Mexico, Canada, and even pieces from Italy and other regions overseas.
1600 E 8th Street
Odessa, TX 79761
The Village Coin & Pawn Shop in Midland is a wonderful resource for any collector looking to buy gold or silver from someone who knows the industry. Owner Charles Green, a member of the Professional Coin Grading Service and the Numismatic Guaranty Corporation, has been a coin dealer for more than 30 years.
In his shop, you’ll find only the most exquisite collections of gold, silver, palladium, and platinum bullion, as well as commemorative coins and mint and proof sets. If you aren’t looking for anything in particular, Mr. Green and his staff will make up a bag filled with common-dated dollars made of 90 percent silver.
19 Village Circle
Midland, TX 79701
(432) 685-1711 or (432) 685-1845
We appreciate you taking the time to read our guide to buying gold and silver in Odessa, Texas. If you’re aware of any other local coin and/or bullion shops in the area, please contact us so we can update our directory.