Washington, D.C. serves as the United States capital. Formally known as the District of Columbia, it was created in 1790, and is not a part of any state. Located along the Potomac River, it is bordered by Maryland and Virginia, and is one of the largest metropolitan areas in the country, thanks in large part to the many governmental operations located here.
Washington D.C. is home to Congress, the Supreme Court, and the White House, along with many national museums and monuments, found primarily near the National Mall. Washington D.C. also hosts many foreign embassies and the headquarters of many organizations.
Within Washington D.C., sales of coins, precious metals, and paper currency are taxable. The sales tax rate is currently 6% in all areas of Washington D.C. Be sure to factor in this tax when calculating the total cost of your coin and bullion purchases. Despite this tax, Washington D.C. continues to attract a number of well-regarded coin shops serving local investors. The surrounding suburbs in Virginia and Maryland, where many metropolitan Washington D.C. coin shops are located, have similar sales tax rates.
Below is a list of local precious metals dealers in Washington, D.C., including directions to each local shop.
A US Mint and NGC authorized dealer, Capitol Coin has served Washington D.C. coin collectors for more than 20 years. They carry coins, stamps, and political memorabilia.
Capitol’s coin inventory includes historical U.S. and foreign coins, with a focus on collectibles rather than precious metal bullion. This coin shop is small but packed with inventory, and while some of their items can be purchased online, most are only available in person.
1100 17th Street NW, Suite B7
Washington, D.C. 20036
Senior Coins & Currency buys and sells U.S. coins and currency. The selection here includes rare and historical coins, paper currency, and bullion. Senior Coins also buys scrap gold, jewelry, sterling silver, and other precious metals.
Located just outside Washington D.C. in Maryland, Senior Coins offers free appraisals and PCGS and NGC submission services. Senior Coins is owned by John Rusinko, who has dealt in coins for more than two decades.
3362 Urbana Pike
Ijamsville, MD 21754
Founded by Julian M. Leidman, a coin dealer with more than 50 years of experience, Julian Coin is among the area’s most renowned coin dealers. Also known as Bonanza Coin, the shop is located in the Washington D.C. suburb of Silver Spring, Maryland. Specializing in rare and historical U.S. coins, the shop carries a wide array of collectible coins, currency, tokens, and medals.
They offer free verbal appraisals, and also buy and trade coins. Bonanza Coins can assist collectors looking for any U.S. coin, and also offers advice for collectors, dealers, and investors. As a licensed gold buyer, Bonanza Coins buys gold, silver, and platinum jewelry and other items. A selection of their coins can be found on eBay.
940 Wayne Avenue
Silver Spring, MD 20910
The largest online coin dealer in the Washington D.C. area, Golden Eagle Coin was founded in 1974. They are now exclusively online. Their live pricing feature stays current with changing markets, always reflecting up-to-date pricing on coins and precious metals. Golden Eagle Coin specializes in gold and silver coins like the American Eagle, Canadian Maple Leaf, and South African Krugerrand. They also offer gold and silver bars and rounds, as well as collectible U.S. and foreign coins.
Coins International is a mail order coin dealer based in Washington D.C. They specialize in U.S. coins, 90% silver coinage, and gold and silver bullion. They also carry paper money, foreign coins and currency, tokens and medals, and coin collecting supplies. All coins are guaranteed to arrive as described. As professional coin dealers since 1955, Coins International buys and sells rare coins, especially pre-1900, colonial, and ancient coins. Orders are accepted by email, fax, or mail.
P. O. Box 5545
Washington, DC 20016
Maryland Coin Exchange has been serving D.C. area coin collectors for more than four decades. This family-owned coin shop buys and sells rare U.S. and foreign coins and paper currency. They enjoy sharing their numismatic expertise with new and experienced collectors alike. They also deal in bullion coins, such as gold and silver American Eagles, Canadian Maple Leafs, and South African Krugerrands. Maryland Coin Exchange can assist you in assembling a precious metal or rare coin investment portfolio. They also provide free verbal evaluations in their secure, professional office environment. Maryland Coin Exchange is an NGC and PCGS authorized dealer and a lifetime member of the American Numismatic Association.
8620 Georgia Ave
Silver Spring, MD 20910
Coins of the Realm, established in 1974, buys and sells coins, stamps, precious metals, and jewelry. A PCGS and NGC authorized dealer, Coins of the Realm provides grading submission services. They are known for competitive prices, whether buying or selling, and offer coins for sale on eBay, as well as in their showroom. Coins of the Realm buys and sells all U.S. and world coins, with a focus on gold coins. They also stock silver dollars, proof and mint sets, early type coins, and more. Their precious metal selection includes gold, silver, and platinum coins, along with 40% and 90% silver bags, silver bars ranging from 1 oz to 1 kilo. The current price is checked for every transaction using live spot price quotes, in recognition of the fast-moving market for precious metals.
1331 F Rockville Pike,
Rockville, MD 20852
Frederick Coin Exchange buys and sells U.S. and foreign coins, precious metals, currency, gold jewelry, and sterling silver. Primarily a dealer of high-end rare U.S. coins, Frederick Coin Exchange offers an extensive inventory ranging from affordably priced beginner coins to high-grade rare coins. They also carry an extensive range of gold, silver, and platinum bullion. Buy and sell premiums for popular gold and silver bullion coins and bars are listed on their website. They offer bulk pricing on quantities over 500 ounces of silver or 20 ounces of gold. Frederick Coin Exchange is a PCGS and NGC authorized dealer and member of the American Numismatic Association, and offers grading submission services and free verbal appraisals.
20 N East St.
Frederick, MD 21701
For nearly four decades, Gaithersburg Coin has served D.C. area coin collectors. Gaithersburg Coin Exchange is an NGC authorized dealer specializing in silver and certified U.S. coins. They carry an extensive array of Morgan and Peace silver dollars, American Silver Eagle bullion coins, and U.S. coins certified by ANACS, NGC, and other top grading companies. A small selection of coins can be found on their website; a much more extensive array is available in their coin shop.
16 E Diamond Ave
Gaithersburg, MD 20877
Established by a lifetime coin collector, The Butternut Company specializes in early and high-grade U.S. coins. Founder Colonel Ellsworth is a lifetime member of the American Numismatic Association, and regularly attends coin shows across the country. The Butternut Company’s coin inventory can be viewed and purchased online, and includes an expansive array of early U.S. coinage from pennies through dollars. Butternut is renowned for its large range of high-grade rare U.S. coins.
PO Box 498
Clifton VA 20124
Also browse the gold and silver mints local to Washington, D.C. Some of these mints offer retail products, while others are wholesale only.
The U.S. Mint, founded in 1792 and headquartered in Washington D.C., produces more coins than any other mint in the world. Its headquarters does not have a minting facility; the coins are minted in several facilities around the country. Union Station does have a kiosk showcasing the latest U.S. Mint coins and commemorative issues. The headquarters office also offers a virtual tour showing their coin production facilities.
801 9th Street Northwest
Washington, DC 20220
Thank you for reading our guide to gold and silver buying in Washington, D.C.. If you know of any other coin or bullion shops in DC, please contact us so we can update our directory.