Buying Gold and Silver in Louisiana

Buy gold and silver in LouisianaNamed after King Louis XIV of France, Louisiana is one of the southern states of USA and is the 25th most populous state. Baton Rouge is its capital, but its largest city is New Orleans. Louisiana is the only state in the US to have their political subdivisions termed as 'parishes' which are equivalent to counties. The land of Louisiana was formed from the sediments that were washed down by the Mississippi River, and the marsh and swamp lands harbor a wide variety of flora and fauna. The state also has many Native American tribes than any other southern states.

Louisiana is home to the tallest State Capitol Building in the US and longest bridge over water in the world, the Lake Pontchartrain Causeway. The state is known by several nicknames like 'The Pelican State', 'The Bayou State', 'The Creole State', and 'Sportsman’s Paradise'. Agriculture is one of the most important industries of Louisiana. The state also has a great mineral wealth and is leading in the production of salt, sulfur, crude petroleum, and natural gas. Timber is also available in plenty in this state. Several industries developed in the 60s and 70s hence Louisiana today has giant refineries, lumber and paper mills, and petrochemical plants. The tourism industry is also growing day by day, with major cities like New Orleans, Baton Rouge, etc. attracting more tourists each day. If you plan on visiting Louisiana, do check out some of the best precious metal retail shops that deal with all types of jewelry, US and foreign coins, bullion, exonumia, stamps, postcards, and other collectibles.

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

Most popular coin shows:

Ark-La-Tex Annual Coin, Stamp & Card Expo – Bossier Civic Center, 620 Benton Road, Bossier City, Louisiana 71111, 318-868-9077

This popular coin show is sponsored by the Shreveport Coin Club and has been successfully running for more than 50 years now. The show sees several coin dealers from the region as well as from other parts of the nation. The dealers display their vast inventory consisting of gold and silver US coins, complete sets of foreign coins, paper currency, stamps, cards, exonumia and much more. There will be a minimum of 70-75 table set up at this show. Some dealers have been attending this show for almost 25 years now. One can experience some fantastic southern hospitality at this show along with viewing some rare coins. Children are given a free coin at the door. There will be hourly door prizes and raffle tickets for some awesome prizes. The timing is Saturday 9:00 a.m. – 6:00 p.m. and Sunday 9:00 a.m. – 3:00 p.m. Free admission.

Fall Coin Show Hosted by the Crescent City Coin Club – Knights of Columbus Hall, 3310 Florida Ave, Kenner, LA 70065

An annual show attended by dealers from all around the state. At this event, one can find some rare and exquisite coins. Dealers buy, sell, and trade a variety of coins, bullion, collectibles and much more. The timings are 9:00 am - 5:00 pm on either Saturday or Sunday.

BCCC Annual Coin Show – Ramada Inn, 1400 W. Tunnel Blvd, Houma, Louisiana 70360, 985-868-1441

The show hosts several dealers from the area. A set up of at least 32 tables will be present. The show features a variety of US coins and foreign coins, rare coins, exonumia, and other collectibles. Admission is free.

Breaking Down Bullion Sales Tax in Louisiana

In Louisiana, there is a tax exemption on sales of gold, silver, or numismatic coins, or platinum, gold, or silver bullion. In the past, this exemption was applicable only when the above-mentioned items had a total value of one thousand dollars or more. However, from August 1, 2013, the State of Louisiana has relaxed the sales tax on these items and has passed a bill that exempts sales tax on any sales of such bullion pieces. However, other numismatic collectibles, like medals, tokens, non-legal tender coins, and paper currency, are still subject to a 4% tax along with additional local or parish taxes that can amount as high as 11% in some areas.

Source: http://www.revenue.louisiana.gov/forms/publications/1001%2810_03%29.pdf

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

  • Louisiana Gold and Coins - Locally owned and operated since 1986.
  • Southern Coins and Precious Metals - Family owned and operated for the last 40 years.
  • Louisiana Coin & Jewelry - Well reputed family-owned business since 1958.
  • American Coin & Collectibles - Founded in 1993, offers direct to your doorstep services.
  • Coast to Coast Coins - Respected rare coin company since 1972.

Local precious metals companies:

Southern Coins and Precious Metals

Founded in 1977, Southern Coins and Precious Metals was initially located in New Orleans French Quarter. It moved to Metairie in 1986 and became an experienced and professional precious metals dealer that buys and sells gold, silver, platinum, and palladium in all forms. SCPM is authorized by the renowned PNG, ANA, PCGS, NGC, and BBB.

Blanchard and Company, Inc.

Jim Blanchard is widely regarded as the man who helped in getting private ownership of gold re-authorized by President Ford in 1975. Headquartered in downtown New Orleans, the Blanchard and Company Inc. was founded in 1975. Being a major precious metal company in the state, it has a rich history in the numismatic community and was managed by prominent leaders like Jim Blanchard and Donald W. Doyle, Jr. They are authorized by BBB, ANA, PCGS, NGC, and CAC.

Bullion Depositories

The Security Center, New Orleans LA

The vault is guarded by a 38-ton steel door, alarm monitoring, and protection services, having high-class disaster recovery and business continuity plans. It is accessible 24/7 all year round and private safe deposit boxes are dual-keyed safe. The Security Center assures anonymity and is ideal for storing paperwork, photos, jewelry, deeds etc.

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 Louisiana.

Norco Refining Co 15536 River RdNorco, LA 70079 (504) 465-7111
One Stop Gold Buyers #3 14354 Hwy165Kinder, LA 70648 (337) 401-6888
Leprechan's Precious Metals 1412 E Madison Ave, Bastrop, LA 71220 318-281-3001
Pelican Refining Company 4646 Highway 3059, Lake Charles, LA 70615 337-433-2757
Amark Metal 771 Bodcau Station Rd., Haughton, LA 71037 318-949-1870
Dupree's Precious Metals 113 S Preston Street, Marksville, LA 71351 (318) 253-0307
Capstone Gold and Precious Metals LLC 626 Village Lane South Apartment A, Mandeville, LA 70471 (985) 231-7542
Precious Southern Metals 474 Metairie Road, Metairie, LA 70005 (504) 887-0000
Precious Metals Llp 2537 Williams Boulevard, Kenner, LA 70062 (504) 287-4450
Precious Metal Exchange Office 3525 Youree Drive, Shreveport, LA 71105 (318) 861-0007
North Shore Precious Metals 44475 Katie B Lane, Robert, LA 70455 (985) 345-3309
Custom Metal Applications 2200 West Landry St., Opelousas, LA 70570 (337) 678-0395