- Are Gold and Silver Recognized as Legal Tender? - No.
- Sales Tax Laws on Gold and Silver - Bullion, investment metal, coins, numismatic coins and legal tender are not subject to sales tax according to the Pennsylvania Department of Revenue.
- Is Capital Gains Tax Levied on Gold and Silver? - Yes.
- Do the State’s Laws Allow for a State Bullion Depository? - No.
- Does the State Hold Gold and Silver Reserves? - No.
- Does the State Hold Physical Gold and/or Silver in Government Pension Funds? - No.
Call GSI Exchange Pennsylvania Operations at
1 (215) 791-8863 For All IRA or 401(k) Rollovers, CD's, Money-Market or Annuity Conversions to Physical Gold or Silver Coins or Bars
For Cash or Smaller Transactions Visit These Vetted-Local Gold and Silver Dealers in PA
Sansom Coin Exchange
721 Sansom Street
Philadelphia, PA 19106
Founded in 1979, Sansom Coin Exchange specializes in bullion. They carry all popular bullion coins, such as the American Eagle, Canadian Maple Leaf, and South African Krugerrand, in addition to all foreign and U.S. gold and silver coins, ranging from relatively common to very rare high-grade coins.
They also redeem foreign coins and paper money, with prices published online. Sansom Coin Exchange buys coins from individuals, whether a single coin or a full collection. Located in the heart of Jeweler’s Row, Sansom Coin Exchange always has Philadelphia police officers present for security reasons.
South Street Coin & Jewelry
619 South Street
Philadelphia, PA 19147
South Street Coin is committed to helping you locate any coin you wish to purchase. They carry a wide selection of gold and silver including 1, 10, and 100 ounce silver bars, American Eagles and Canadian Maple Leafs, and foreign gold and silver.
They also purchase nearly any precious metal or rare coin from individuals, along with other precious metals, such as jewelry. South Street Coin & Jewelry offers free verbal appraisals, and promises to beat any offer when buying gold or silver.
Harold B Weitz, Inc.
6315 Forbes Ave, Suite 122
Pittsburgh, PA 15217
Harold B. Weitz is Pittsburgh’s premier dealer of rare coins. They are an NGC and PCGS authorized dealer and a member of the Professional Numismatists Guild.
The staff has more than 320 years of combined experience dealing in rare coins. Harold B. Weitz buys and sells U.S. and foreign coins, graded coins, gold coins, gold jewelry, bullion bars and rounds, and paper currency, with a focus on historical U.S. coinage. They promise to pay the highest prices for gold and silver, with sample rates listed on their websites.
Keystone Rare Coins
3029 College Heights Boulevard
Allentown, PA 18104
Founded in 1981, Keystone Rare Coins operates at both the retail and wholesale prices. By buying in bulk, Keystone is able to pass along lower prices to individual investors. Get even better pricing by purchasing large quantities of coins or bullion from Keystone. A PCGS and NGC authorized dealer, they offer free appraisals.
Keystone Rare Coins carries a huge selection of gold, silver, and rare coins, specializing in historic and commemorative gold coins and Morgan and Peace silver dollars.
Local Gold and Silver Mints in PA
Also browse the gold and silver mints local to Pennsylvania. Some of these mints offer retail products, while others are wholesale only.
U.S. Mint, Philadelphia
The Philadelphia Mint was the first government mint established in the United States. Created in 1792, it is still in operation today. Because of its long history, many famous early U.S. coins were minted here.
The mint has produced nearly every type of coin circulated in U.S. history, including gold, silver, and commemorative issues. Today, it is capable of minting one million coins every 30 minutes. Modern coins minted here carry a ‘P’ mint mark.
Founded in 1964, The Franklin Mint has produced legal tender coins for foreign countries. They also produce gold and silver ingots, specializing in themed sets and fine art rounds.
Today, the Franklin Mint product range also includes figurines, porcelain dolls, and other collectibles, as well as collectible medallions in other metals.