- Are Gold and Silver Recognized as Legal Tender? - No.
- Sales Tax Laws on Gold and Silver - Precious metals are subject to a 6% sales tax.
- 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 Vermont Operations at 1 (802) 328-5019 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 VT
Below is a list of local precious metals dealers in Vermont, including directions to each local shop.
Martin’s Coins & Jewelry
1525 Shelburne Rd.
South Burlington, VT 05403
Martin’s Coins, one of Vermont’s best-known coin shops, offers U.S. and foreign coins and paper currency. The shop has coins priced from a few cents to tens of thousands of dollars. The owner, John Martin, has years of experience with numismatic coins as well as counterfeit detection, and is committed to ensuring his customers are able to make informed buying decisions.
The authenticity of every coin sold here is guaranteed forever. Martin’s Coins buys single coins, coin collections, jewelry, and scrap gold. A small selection of their items can be purchased online.
Puro’s Coins & Jewelry
38 Strongs Avenue
Rutland, VT 05701
Puro’s Coins & Jewelry, also known as Vermont Coins, specializes in historical U.S. coins. They also offer pre-1933 gold coins, proof and mint sets, modern commemorative coins, and Canadian currency. A selection of their coins can be found online and on their website. Puro’s Coins also buys and trades coins with individual collectors. They also buy silverware, jewelry, and scrap gold. Puro’s Coins is a PCGS and NGC authorized dealer, and is a member of the ANA.
International Coins & Currency
62 Ridge Street
Montpelier, VT 05602
Established in 1975, International Coins & Currency carries a large inventory of U.S. and foreign coins, with a focus on proof and mint sets, modern coins, and bullion. Every item is hand-selected for quality; International Coins carries a wide array of PCGS and NGC graded coins.
Many of ICC’s coins can be purchased from their website. Every item is guaranteed to be authentic and to match the grade it is sold as, and backed by a 30-day refund guarantee.
Vermont Coin & Jewelry
150 Dorset St.
South Burlington, VT 05403
Vermont Coin’s selection includes silver dollars, NGC and PCGS graded coins, 90% silver US coinage, paper currency, cents and type coins, and bullion. They also carry gold jewelry and sterling silver. Vermont Coin & Jewelry buys all U.S. and foreign coins and paper currency, and gold, silver, and platinum bullion, jewelry, and scrap. Previously located on Shelburne Road, they recently moved to a larger and more convenient space in the Blue Mall. They are a PCGS and NGC authorized coin dealer.
Route 5 Collectibles
277 Main Street, Route 5
Lyndonville, VT 05851
This collectible and coin shop specializes in U.S. coinage. In addition to a wide assortment of 19th century and early 20th century collectibles, they carry historical United States coins and coin sets. Route 5 has been buying and selling coins for more than two decades, and offers free appraisals on U.S. coins.
Route 5 are constantly buying rare and collectible coins from individuals. This shop is known for hidden treasures; check back often to see the coins they’ve recently added to the ever-changing selection.