The Lone Star state is home to dozens of highly rated coin shops and San Antonio is certainly no exception. With a ton of top notch gold and silver coin and bullion dealers, San Antonio coin shops are frequented by investors and rare coin collectors alike. On this page we will go over the sales tax rates, as well as where to buy gold and silver in the San Antonio area.
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.
Here are some of the top coin shops located in the San Antonio area.
Royalty Coins specializes in collectible U.S. coins, including both raw and graded coins. A selection of their coins can be purchased through their website, though a more expansive array can be found in their downtown San Antonio storefront. Founded in 1977, Royalty Coins is located just three blocks from the Alamo. They regularly serve tourists from around the globe, as well as the local numismatic community, and travel to more than 40 different coin shows nationwide each year. These connections with coin dealers nationwide enable Royalty Coins to easily track down any coin on your want list.
431 E Commerce St
San Antonio, TX 78205
Harry’s Rare Coins, founded in 1980, is among the most active coin dealers in San Antonio. They buy and sell U.S. coins and pre-1957 paper currency, as well as a smaller selection of foreign coins. Harry’s Coins specializes in PCGS, NGC, ANACS, and ICG graded coins. They also travel throughout the San Antonio area to purchase coin collections. The inventory available at their showroom includes gold and silver bullion, jewelry, and other precious metal items, with prices on gold and silver based on the day’s spot prices.
6336 Bandera Rd
San Antonio, TX 78238
Alamo Heights specializes in numismatic collectibles, with an ever-changing inventory of unique coins. Founded in 1977, Alamo Heights Coin Shop is a lifetime member of the American Numismatic Association. They offer U.S., foreign, and ancient coins and paper currency, tokens and medals, and a wide variety of other collectibles. Alamo Heights also deals in gold, silver, and platinum coins, bars, and scrap. Their knowledgeable employees are ready to help new or seasoned coin collectors alike. They offer free verbal appraisals.
San Antonio, TX 78209
Texas coins is an NGC, PCGS, and ANACS authorized dealer specializing in U.S. coins. The owner has been a coin collector since 1957, and is enthusiastic about sharing his knowledge with new and experienced collectors alike. They also buy and sell paper currency, gold bullion, and silver coins. Texas Coins will buy all pre-1964 junk silver coinage. They do not purchase foreign coins, and their selection of foreign coins for sale is limited. In addition to their San Antonio storefront, this shop also trades at customers’ homes or banks, and attends dozens of coin shows each year.
6866 Bandera Rd.
San Antonio, TX 78238
While Medlars Jewelry specializes in custom jewelry, they are also active gold and silver traders. They are the only San Antonio dealer to be listed in the U.S. Mint Coin Dealer Database. Medlars Jewelry believes that the process of investing in physical precious metals should be as streamlined as possible. Medlars carries a variety of gold and silver products including coins, bars, and rounds. Their products include 40% and 90% junk silver coinage, 10 oz silver bars, Morgan and Peace silver dollars, American Silver and Gold Eagle coins, Gold Buffalo coins, and Chinese Panda coins. Bid and ask prices are clearly posted on their website to simplify the process of investing in gold and silver bullion. All items are backed by a full 30-day refund guarantee.
7115 Blanco Road, Suite 101
San Antonio, TX 78216
One of San Antonio’s largest precious metal and rare coin dealers, JC’s was founded in 2001. They carry a wide selection of collectible U.S. coins, including type coins, silver dollars, rolls, and 40% and 90% junk silver coinage. Their gold selection includes gold American Eagles, South African Krugerrands, Canadian Maple Leaf, and Chinese Panda coins. In silver, they regularly stock silver American Eagles, silver dollars, and silver bars in sizes ranging from 1 ounce to 100 ounces. Buy prices for many common types of gold, silver, and coins are posted on their website.
San Antonio, TX 78209
Thanks for reading our guide to buying gold and silver bullion and coins in San Antonio, TX. If you know of any other coin or bullion shops in the city of San Antonio, please contact us so we can update our directory.