Buying Gold and Silver in Iowa

Buy gold and silver in IowaIowa is a Midwestern state in the USA. French explorers Jacques Marquette and Louis Joliet were the first Europeans to visit this area. USA acquired Iowa as a part of the Louisiana Purchase. The place was a war zone between Indians and settlers and the settlers took control over the area after the Black Hawk War in 1832. Iowa was incorporated as a state in 1846.

Iowa is one of the leading agricultural states, particularly in the production of crops like corn and soybean. It is also a leading producer of livestock and is the third state in the nation for livestock sales. Other major industries are food and associated products, electrical equipment, non-electrical machinery, fabricated products, printing, and publishing. 1/10th of nation’s food supply is produced by Iowa. Among other important sectors which contribute to Iowa’s economy are information technology, financial services, biotechnology, and green energy production.

When it comes to tourism, there are many lovely places to visit in Iowa. Some of the must see places are the National Mississippi River Museum and Aquarium, Mamie Doud Eisenhower Birthplace, Adventureland Park, Dubuque Arboretum and Botanical Gardens, National Czech & Slovak Museum and Library, Lost Island Waterpark, Trinity Heights-Queen of Peace, State Capitol, and many more.

Due to Iowa’s investor-friendly bullion sales tax policy, there are many reputed and authorized precious metal dealers in the area who sell a wide variety of coins, bullion, currency, and other collectibles. Iowa is one of the best places to buy precious metal products. Many coin shows also take place in Iowa round the year. If you plan on visiting Iowa, do not miss these shows or precious metals dealers.

Gold and Silver Dealers in Iowa, by City:

Please check 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 Iowa is among the states which host a few of the most famous coin shows of the nation. If you are planning to visit Iowa soon, take a look at the most popular coins shows in this state which are listed below.

Most Popular Coin Shows:

The Original Monthly Coin & Bullion Show Omaha / Council Bluffs – Hilton Garden Inn Omaha East/Council Bluffs 2702 Mid America Drive Council Bluffs, IA 51501. Phone: 402-720-3355.

The Show has been taking place in the Omaha and Council Bluffs area since 1974, on the third Sunday of every month. The show will have a 40 dealer table set up and will be attended by dealers from throughout the Midwest. There will be a variety of US and foreign coins, rare and ancient coins, paper currency, and other collectibles. Admission is free.

Coin-A-Rama Coin Show – Gates Hall 825 15th Street Nevada, IA 50201.

The show is organized by the Ames Coin Club and is an annual show. The show will feature local dealers as well as dealers from the surrounding states. A minimum of 65 dealer table setup will be present. There will be an impressive display of modern and ancient coins, US and world coins, paper currency, bullion, and other numismatic items. The admission is free.

Annual Iowa Great Lakes Coin, Card & Paper Money Show – Dickinson County Community Building 1602 15th St Spirit Lake, IA 51360. Phone: 712-336-4618.

This is an annual coin show and will feature dealers from within Iowa as well as the neighboring states. The show will have a minimum of 33 dealer table set up. A great selection of coins, cards, and paper money will be on display at this show and coin enthusiasts can buy, sell, and trade their coins, currency, and cards here. Admission is free. The show hours are Sat 9:00 am - 5:00 pm Sun 9:00 am - 3:00 pm.

Old Capitol Coin Club Show – Clarion Inn 2525 N. Dodge St Iowa City, IA 52245. Phone: 319-331-8576.

This is an annual coin show organized by the Old Capitol Coin Club. The show will feature 64 dealer table set up which will be filled with great displays of coins, currency, and collectibles. There will be lots of raffle prizes. The admission is free.

Tri-State Coin Show – Diamond Jo Casino 301 Bell St Dubuque, IA 52001. Phone: 563-557-7210.

This is a one-day event and will have around 33 dealer table setup. There will be a variety of gold and silver coins, rare and ancient coins, modern US coins, world coins, paper currency, stamps, and much more. Admission is $1.

Breaking Down Bullion Sales Tax in Iowa

The State of Iowa provides a sales tax exemption on the purchase of coins, currency, and bullion sold to retail customers in Iowa. According to the law, "Bullion" means bars, ingots or commemorative medallions of gold, silver, platinum, palladium, or a combination of these, where the value of the metal depends on its content and not the form. "Coins" or "currency" means a coin or currency made of gold, silver or other metal or paper which is or has been used as legal tender. This sales tax exemption makes Iowa one of the most preferred places to buy precious metal products for investors as well as collectors.


When buying from Bullion Exchanges, the residents of Iowa do not have to pay any sales taxes, as Bullion Exchanges is not based in Iowa. 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 Iowa.

  • Wholesale Coin and More – An online shop that specializes in silver, gold, commemoratives, proof sets, and paper money.
  • Quad City Coin Co. – They specialize in US coins and currency and have a great online store.
  • Peterson Jewelry – This is a family owned business running since 1932. They buy and sell precious metals, gold and silver coins, and bullion.

Local Precious Metals Companies

Quad City Coin Co. 2395 Tech Dr. Ste. 1 Bettendorf, IA, 52722 Phone: (563) 332-9189

This is a company that is located in Bettendorf, and they have over 85 years of experience in the numismatic field. They specialize in all varieties of US coins and currency. Other services offered by them are estates and accumulations in a 7 state area. They are an NGC and ANA authorized dealers and they are members of many other prestigious numismatic associations.

Chesters Coins 221 Main Street Ames, IA 50010 Phone: 515-232-9222

The company is located on the historic Main Street in Ames. The owner Scott Nicholas has around 20 years of experience in the numismatic field. They buy, sell, trade, and appraise gold and silver bullion, rare coins, and currency. They are a PCGS and NGC authorized dealer.

Peterson Jewelry 116 Main Street Alta, IA 51002 Phone: 712-200-2255

Peterson Jewelry was established in 1932 by Lawrence Peterson and is a family run business with the third generation taking care of it currently. They buy and sell all types of US coins, jewelry, and other collectibles. They also sell their products online. They are a PCGS authorized dealer.

Wholesale Coin and More 2013 Central Ave. Suite 900 Dubuque, IA 52001 Phone: 888-310-9026

They specialize mainly in the sale of coins, collectible lots, silver, gold, commemoratives, proof sets, paper money items, and other numismatics. They sell authentic and guaranteed products and have great return policies, too. They are a PCGS and NGC authorized dealer and a member of ANA.