West Virginia broke away from Virginia during the Civil War, becoming a state in 1863. Nicknamed the Mountain State, this Appalacian state is known for its mountains, which offer a wide array of outdoor recreational opportunities, such as hiking and mountain biking.
The state’s biggest industries include logging and coal mining; nearly 75% of West Virginia’s land is covered by forests.
West Virginia does collect sales tax on coins, paper currency, and precious metals, as there is no exemption for such items. The state sales tax rate is currently 6%. There are local taxes in some areas; the highest total tax rate within the state is 7%. Despite this tax, investing in gold, silver, and coins remains popular in West Virginia, and there are a number of coin shops serving local collectors.
Below is a list of local precious metals dealers in West Virginia, including directions to each local shop.
Located in Charleston, Kanawha Coin Shop carries rare coins, U.S. Mint proof sets, paper currency, foreign coins, and gold and silver bullion. Owner Doug Bumgardner, a coin dealer since 1962, has been a member of the American Numismatics Association since 1964.
Kanawha also carries war relics, figurines, jewelry, stamps, postcards, and other collectibles. The store conducts regular silent auctions via a weekly bid board, and also sells some of their coins on eBay.
712 Brawley Walkway
Charleston, WV 25301
Founded in 1984, Fama’s Coins carries a wide array of coins, including rare coins, U.S. Mint proofs, complete coin sets, gold and silver bullion, and collecting supplies. They specialize in bullion and United States coins. Fama’s Coins offers free appraisals, and is actively buying gold and silver coins, collector coins and collections, scrap gold, silver and gold bullion, and collectible sports cards. Because they buy from individuals, the coin selection is constantly changing.
105 Main St.
Beckley, WV 25801
Classic Jewelry & Loan, a pawn and secondhand shop, is a family-owned coin dealer in Barboursville. Their selection includes many coins and precious metal items. They have a large selection of foreign and U.S. coins, proof and mint sets, paper currency, ancient coins, and gold and silver bullion, along with flatware, jewelry, and other gold and silver items. Classic Jewelry also buys gold and precious metal scrap. A selection of their rare coins can be found on eBay
6339 US Route 60 E
Barboursville, WV 25504
Though they have little internet presence, Acropolis Coins is known as a trustworthy local coin dealer. They specialize in historic U.S. coins, and offer early type coins, silver coins, modern commemorative coins, tokens and medals, bullion coins, and ancient coins. Acropolis buys, sells, and appraises coins and other precious metal items, such as jewelry. They are a PCGS authorized dealer.
495 High Street
Morgantown, WV 26505
The Coin Guy, an NGC authorized coin dealer, offers appraisals and assists collectors with grading submission services. Though he has little internet presence, The Coin Guy is known as a local specialist dealing in twentieth century coinage, gold coins, U.S. coins, and Morgan and Peace silver dollars.
1909 7th St.
Parkersburg, WV 26101
Wheeling Coin & Hobby carries U.S. and foreign coins, paper currency, gold and silver bullion, and jewelry. They also stock metal detectors, jewelry, model trains, and die-cast models, among other hobby and collectible products. Wheeling Coin & Hobby offers appraisals, and actively buys coins from collectors.
They carry both graded and raw coins to suit any collector’s budget, and also offer a selection of coin collecting supplies. Though they have little internet presence, Wheeling Coin & Hobby is known as a well-stocked local coin shop offering personal service.
Washington Crown Center Mall
25 10th St.
Wheeling, WV 26003
The Bronze Look is a precious metal dealer that also offers fine art, jewelry, glass, and collectibles. The Bronze Look has two stores in Princeton, and one in Bluefield, as well as online and eBay stores. They buy silver and gold coins, jewelry, scrap, and bullion. The Bronze Look’s coin selection is focused on gold and silver and includes American Eagles, foreign gold coins, and silver and gold bars and rounds.
311 Mercer Street
Princeton, WV 24740
Thank you for reading our guide to gold and silver buying in West Virginia. If you know of any other coin or bullion shops in WV, please contact us so we can update our directory.