Buying Gold and Silver in Arkansas

ArkansasArkansas is derived from the word “Akansa” which was used by some Native Americans to refer to an earlier tribe, Quapaws, that was present in the area. The word means “People of the South Wind.” The name is pronounced 'Ark-an-saw' as determined by the General Assembly of 1881. The first “Diamond Rush” of the American Continent started in Arkansas when John Huddlestone found two diamonds in the soil of his farm in 1906. Today, the only active diamond mine in the USA is the Crater of Diamonds State Park in Arkansas.

Little Rock is the capital of Arkansas and is its hub for business, transportation, culture, and politics. Arkansas was incorporated into the union in 1836. The economy of Arkansas is diversified, yet there are six Fortune 500 companies housed in this state. The other major contributors are agriculture, forestry, softwood lumber production, automobile parts manufacturing. Tourism is also an important aspect of Arkansas economy as the state was nicknamed as “The Natural State” for tourism marketing purpose. There are flourishing precious metal retailers in the State of Arkansas, highly popular for their wide variety of collection. If you ever visit Arkansas, do give a visit to these places.

Gold and Silver Dealers in Arkansas State, by City:

Take a look at these directory pages to find local precious metals dealers in your city.

Local coin shows

Coin collecting is a highly popular hobby prevalent around the world. You can witness the passion for it as more and more coin enthusiasts are traveling to different states and countries to attend famous national and international coin shows. USA sees many coin shows throughout the year, and Arkansas is among the states which host a few of the most famous coin shows of the nation. If you are planning to visit Arkansas soon, take a look at the most popular coins shows in this state which are listed below.

Most popular coin shows:

Annual Tri Lakes Coin, Stamp & Sports Card Show - Hot Springs – Hot Springs Convention Center 134 Convention Boulevard Hot Springs, Arkansas 71901. Phone: 501-624-0074.

The Tri Lake Coin Club has been hosting this show for almost 50 years now. This is the largest coin show in the State of Arkansas and forgathers around 80 dealers from all corners of the nation, ready to trade, buy, and sell numismatic related items. Around 106 tables will be set up. The first 1000 individuals attending the show will be given a wooden nickel. The show also has door prizes and draws for 10 oz silver bars. One can find a variety of gold and silver coins, fractional currency, Colonial copper coins, merchant and Civil War tokens, and much more in the show. A professional grading service will also be present for those who want to get their coin collection evaluated and upgraded. The coin show is a three-day event and the timings are Friday 1 p.m. – 6 p.m., Saturday 9 a.m. – 6 p.m., Sunday 9 a.m. – 3 p.m. Free Parking and Free Admission.

Arkansas Numismatic Society Coin Show – Crowne Plaza Hotel 201 S. Shackleford Road Little Rock, Arkansas 72211. Phone: 501-256-1368

Another popular numismatic event in the Arkansas area, this show is sponsored by the Arkansas Numismatic Society. Dealers from around the area will display their inventory in this show, for which, this event is a good opportunity for coin enthusiasts to trade, buy, and sell coins and other numismatic items.

Jacksonville AR Razorback Coin Show – Jacksonville Community Centre 5 Municipal Dr Jacksonville, Arkansas 72076. Phone: 501-985-1663

Dealers from all over the US attend this show to trade, buy, and sell all types of US coins, foreign coins, tokens, medals, currency, gold and silver jewelry and other collectibles. There is an admission fee of $2 for this show. The timing is 10:00 a.m. to 2:00 p.m.

Breaking Down Bullion Sales Tax in Arkansas

Arkansas charges a 6% tax on sales or purchases of bullion, coins, currency, tokens, and other numismatic products regardless of the size of the transaction. Apart from the sales tax levied by the state, an individual must also pay local or county taxes that can amount as high as 11%. The local or county tax varies from place to place and it is better to check the following link to find the local use tax in different cities and counties of Arkansas.

Source: http://www.dfa.arkansas.gov/offices/exciseTax/salesanduse/Documents/cityCountyTaxTable.pdf

When buying from Bullion Exchanges, the residents of Arkansas do not have to pay any sales taxes, as Bullion Exchanges is not based in Arkansas. Please take your time to browse through our tax-free gold and silver products. However, please note that there may be a local use tax that an individual might have to pay so it is advisable to check with a tax professional before making a purchase.

Online Coin Dealers

Online purchasing is the best way to buy coins and bullion. It is comfortable, easy, it saves time and energy, and you can check through several shops in one go to compare their prices and get the best bargain. Bullion Exchanges is a trusted online precious metal dealer which offers you a vast inventory, competitive prices, and prompt service. Below you will find the most popular online coin dealers in Arkansas.

  • Northeast Arkansas Coin Co. – Apart from having an online store, they also have an Etsy store and an eBay store.
  • TreasuredStocks – Offers around 4000 varieties of coins and collectibles.
  • AG Coin & Bullion – Deal with bullion, coin, and all kind of scrap gold, silver, and platinum jewelry.
  • Braswell & Son Pawnbrokers – Find a variety of jewelry, collectibles, and coins and currency.
  • North East Numismatics Inc. – A 50-year-old shop that sells some rare coins.

Local Precious Metals Companies

Northeast Arkansas Coin Company 2711 S Caraway Rd # A, Jonesboro, AR 72401 Phone: +1 870-934-9450

The setup is located in Jonesboro, AR. They have a vast inventory consisting of U.S gold and silver coins, rare coins, foreign coins, as well as paper currencies. They are one of the most trusted coin dealers in the area. The company has a professional affiliation with NGC and PMG.

McIntire Rare Collectibles Crestview Plaza Shopping Center, 8 Crestview Dr # C, Jacksonville, AR 72076 Phone: +1 501-985-1663

The company has a combined numismatic experience of 60 years. The inventory is rich, with a variety of gold and silver coins, collectibles, and also currencies. Apart from these, an individual can also find Civil War and Military Items.

Treasured Stocks 1605 Michigan Ave, Horseshoe Bend, AR 72512 Phone: +1 870-670-4255

Founded in 1987, the company has been serving numismatists with choicest collections. It has around 4000 and more items to choose from. They are a major dealer of precious metal coins, bullion, and currencies. One can find a variety of national and international coins and currencies here. They are official dealers for PCGS and PMG grading institutes. They are also members of PCDA and ANA.

Smelters & Refineries

If you have some gold coins, small bars or jewelry items which you want to convert to other precious metals pieces, Bullion Exchanges offers you high-class gold and silver smelting. Below you will also find renowned precious metal smelters and refiners in Arkansas.

Arkansas Silver Recovery Co Address: 10714 Mac Arthur Dr, North Little Rock, AR 72118 Phone number (501) 851-1237
Metal Recycling Corporation Address: 111 Center St Ste 2150, Little Rock, AR 72201 Phone number (501) 374-9017
CD Casto Metals Address: 250 Langford Ln, Russellville, AR 72802 Phone number (479) 641-2235