Buying Gold and Silver in Minnesota

Buy gold and silver in MinnesotaMinnesota is a state in the US that lies in the Midwestern and northern region of the country. It was the 32nd state to be admitted to the Union. Minnesota is popularly known as “Land of 10,000 Lakes,” because the state has a large number of lakes. Minneapolis is its largest city and the second one is Saint Paul, its capital. The majority of the state's population lives in the Minneapolis-Saint-Paul metropolitan area which is well known as “The Twin Cities.”

The state is very rich in natural resources and produces 75% of the entire nation’s iron ore. Agriculture is also one of the main contributors to the economy of the state and ranks high in the production of corn, wheat, rye, alfalfa, and sugar beets. Minnesota also manufactures a variety of nonelectric machinery, plastic, electronic items, computers, and other scientific instruments.

Tourism is also an important aspect of Minnesota which offers some great places to visit like the North Shore Drive, Cathedral of St Paul, Voyageurs National Park, International Wolf Center, Mall of America, Split Rock Lighthouse State Park, St Cloud Clemens Gardens, Aerial Lift Bridge, Valleyfair Amusement Park, Itasca State Park, Minnehaha Falls, Como Park Zoo and Conservatory, etc. Besides, several popular coin shows take place in Minnesota each year, forgathering regional, national, and international crowds. Many reputed and authorized dealers have their companies established in Minnesota, too, offering quality products at great prices.

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

Most Popular Coin Shows:

South St. Paul Monthly Coin Show – South St Paul VFW Post # 295 111 Concord Exchange South South St Paul, MN 55075. Phone: 651-269-5846

This is a monthly coin show that takes place on the third or fourth Sunday of each month. Over 25 dealers feature their inventories at this show and will be buying, selling, and trading coins and collectibles. Admission is free. Elevator and security available on site. Show hours are 9:00 am - 4:00 pm.

Liberty Coin Club Show – Ideal Hall 1494 N. Dale Street St. Paul, MN 55117.

The show is hosted by the Liberty Coin Club and will be attended by several local dealers as well as dealers from around the region. These will be buying, selling, and trading all varieties of coins and collectibles. The show hours are 9:00 am - 4:00 pm.

NWCC Northwest Money Show – Earle Brown Heritage Center 6155 Earle Brown Dr Brooklyn Center, MN 55430. Phone: 314-276-1162

This is a premier coin and currency annual show in the state, organized by Northwest Coin Club. The event takes place each year in March The show features more than 80 dealers from Minnesota as well as other states. It will also have Boy Scout Merit Badge and Youth Auction programs. Admission and parking are free. The show hours are Friday 2:00 pm to 7:00 pm, Saturday 10:00 am to 6:00 pm, and Sun 10:00 am to 3:00 pm.

Annual Spring Coin & Currency Show – Grand Rapids Eagles Club 1776 Pokegama Avenue South Grand Rapids, MN 55744. Phone: 218-244-9299

Northern Lakes Coin and Currency Club sponsors this show and features around 24 dealer tables set up. This is an annual show. Numismatists can buy, sell, or trade coins and coin supplies here. The show will feature a variety of US coins, currency, collectors coins, gold, silver, bullion, tokens, Canadian coins, foreign coins, proof sets, mint sets, as well as collecting supplies. One can even sell scrap gold and old jewelry at this show. Dealers will offer free appraisals. There will be several door prizes throughout the day. The admission is free. Show timings are 10 am – 4 pm.

Roseville Coin Show – Roseville Skating Center 2661 Civic Center Drive Roseville, MN 55113.

The show is hosted by Mill City Numismatics, LLC. The show hours are 8:30 am – 4:00 pm.

MOON Coin Show – Earle Brown Heritage Center 6155 Earle Brown Drive Brooklyn Center, MN 55430. Phone: 612-747-2409

This is an annual fall coin show held every October and is organized by the Minnesota Organization of Numismatists. The show features around 80 dealers with a wide assortment of coins, tokens, currency, and other numismatic items. One can buy, sell, or trade their coins and collections. Also, the dealers will offer appraisals. Parking is free. The show hours are Friday Noon - 6:00 pm, Saturday 10:00 am - 5:30 pm, and Sun 10:00 am - 4:00 pm

Breaking Down Bullion Sales Tax in Minnesota

The State of Minnesota levies a 6.875% sales tax on sales of any precious metals, coins, or currency. According to the current law, these items are considered tangible personal property hence there is no sales tax exemption on these products. These items are also subject to use tax if they have been purchased out of the State and then brought into Minnesota. Apart from the 6.875% state sales tax, the items purchased inside Minnesota may also be subject to city or county tax which can vary from place to place. For instance, if one purchases precious metals or coins or currency in Minneapolis, the sales tax can be as high as 7.15%. Even tokens and medallions are also taxable.

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

  • Northern Lights Numismatics, LLC – Established in 1992, they are in the rare coin business for almost 30 years now.
  • Davissons Ltd. – A 40-year-old family owned business that conducts auctions and e-auctions, selling a variety of US and world coins.
  • ValleyCoin.com – This is a great online store for coins, currency, bullion, and supplies.
  • Gary Adkins Associates Inc. – They are a large national dealer who constantly updates their large inventory. A great place to buy coins and bullion online.
  • GovMint.com – This is one of the largest retail rare and collectible coin marketer in the country with a wide selection of rare and hard-to-find US coins.
  • Westminster Mint, Inc. – Established in 2001, they provide a great online platform for a wide variety of coins, bullion, bars, and rounds.
  • All Certified Coins – They are an online store that specializes only in certified coins.

Local Precious Metals Companies:

American Rare Coin & Collectibles 7900 Xerxes Ave S Suite 140 Bloomington, MN 55431 Phone: 952-830-1400

They are a highly reputed company which has over 200 years of combined numismatic experience. They are one of the largest buyers and sellers of coins and bullion in the area. They have over 75,000 satisfied clients regionally and nationally. The company buys and sells all varieties of US and foreign coins. Their prices are competitive and they offer generous prices when they purchase items from a client. They are PCGS, NGC, PNG, ANA, and ICTA authorized dealer.

Grove Coin and Investment Company 8306 Tamarack Village #401 Woodbury, MN 55125 Phone: (800) 878-7868

Grove is a family owned and operated business. They are both retailers as well as wholesalers and they also attend major coin shows, having a strong on-line presence. They have a very extensive and diversified inventory that is unparalleled in the upper Midwest. They are highly regarded for their competitive pricing, fair dealings, and conservative grading. They are a PCGS, NGC, PNG, and PMG authorized dealer.

Premium Quality Coin LLC 7th St #222W Minneapolis, MN, 55402 Phone: (612) 371-4739

The company is functioning since 1985. For more than 32 years they have been serving numismatists, investors, speculators, and beneficiaries of estates, providing great and ethical services. They are an authorized bullion dealer who are registered as a member firm with the Minnesota Department of Commerce. It is one of the companies that have an extensive inventory. But although they have a wide variety of coin collection, they specialize in pre-1964 USA coins. They are a certified PCGS, NGC, PMG, and CAC dealer.

Seven Star Enterprises, International 2780 Snelling Avenue North, Suite 205 Roseville, MN 55113 Phone: 866-493-7827 or 612-331-8222

This is a privately-held corporation that has become a prestigious institution by offering great consultation services to clients as well as quality products that suit any investor portfolio. They provide precise and factual analysis of the world monetary system, too. The company is one of the top precious metal trading companies in the country. They are an NGC, PMG, and ANA authorized dealer.

Miles Franklin Precious Metals Investments 801 Twelve Oaks Center Drive, Suite #834 Wayzata, MN 55391 Phone: 800-822-8080 or 952-929-7006

The company offers creative strategies to its clients to help diversify their assets with precious metals. They offer a wide variety of numismatic and bullion products. They are both a full-service company and a low overhead discount broker. The other services offered by the company are two international storage programs, precious metal IRAs, and Swiss investments.

Gary Adkins Associates, Inc 5151 Edina Industrial Blvd. Suite 200 Edina, MN 55439 Phone: 952-835-2244 or 877-264-6383

The company is striving to provide quality, service, as well as great price. They offer good guidance towards investing in tangible assets like precious metals. It is one of the top buyers of precious metals and one can schedule an appraisal and sell their coins and collections to them. They also offer estate liquidation and help complete a collection. Their large inventory has a variety of coins from around the world. They are a PCGS, NGC, PNG, ICTA, and ANA authorized dealer.

Midwest Bullion Exchange, Inc. 601 Carlson Parkway, Suite 1050 Minnetonka, MN 55305 Phone: 888-928-3390

The company is a full-service precious metal dealer who also has a great online store. They use state-of-the-art software to protect the identity of customers who purchase bullion and coins online from them. They have the most popular products which they offer at the best prices on the market. Apart from the government mint products, they also offer products that have been produced by some popular private mints, too. Most of their products are eligible for IRA. They provide a wide variety of gold, silver, and platinum products, as well as storage programs for storing the precious metals.

Mints in Minnesota

Westminster Mint Minnesota 3300 Fernbrook Lane, Suite # 160 Plymouth, MN 55447 Phone: (800) 301-3868

Westminster Mint was established in 2001 and is one of the largest precious metal dealers in Minnesota. This is a private mint that produces gold and silver bullion coins, rounds, and bars. They also sell their products online, and apart from their own products, one can also buy ancient and modern coins, foreign coins, coins from hoards and shipwrecks, certified coins, and banknotes. A great place to shop for numismatists as well as investors.

Bullion Depositories

Miles Franklin Precious Metals Investments 801 Twelve Oaks Center Drive, Suite #834 Wayzata, MN 55391 Phone: 800-822-8080 or 952-929-7006

The company offers two international storage programs: one that provides a completely segregated precious metal storage program which will be in Brink’s Montreal, Quebec and also at Brink’s Vancouver, British Columbia, that is mainly designed for storing gold, silver, and platinum. The other program is a private safe deposit box program which will be at Brink’s Toronto, Ontario and Brink’s Vancouver, B.C., where one can store currency along with gold and platinum.

Midwest Bullion Exchange, Inc. 601 Carlson Parkway, Suite 1050 Minnetonka, MN 55305 Phone: 888-928-3390

They have partnered with several storage providers within the USA as well as globally. One can open a storage account with this company, and they will discuss the best way to store the kind of asset you hold and the appropriate location for it. All contents within the vault will be insured per storage agreement. Worldwide storage is provided at Toronto, Los Angeles, New York, Zurich, and Singapore.

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 Minnesota.

S4S Products & Precious Metals Co. 1519 N 5th St St Peter, MN 56082, USA Phone: 254-415-0240
W.E. Mowrey Company 1435 University Avenue W St. Paul, MN 55104 Phone: 651-646-1895
Maguire Refining, Inc. 1290 81st Avenue Northeast Minneapolis, Minnesota 55432 Phone: 800-486-2858
Stebgo Metals 250 Bridgepoint Dr, South St Paul, MN 55075, USA Phone: 651-400-7175
Enviro-Chem 21821 Industrial Boulevard Rogers, MN 55374 Phone: (763) 428-4002