Gold Monarch Pm
· Closes in 7h 1m
6222 Richmond Ave. suite 783, Houston, TX 77057
794 coin dealers found in Texas
796 coin dealer match your search criteria
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796 coin dealer match your search criteria
Selling or buying coins in Texas: how to prepare
Texas is one of the most favorable states in the country for coin transactions: no sales tax on precious metals purchases and no state income tax on your gains. That changes the math on both sides of the counter, whether you are building a collection or selling one you inherited. Before you visit any shop listed above, work out what your coins contain in metal, then check whether date, mint mark, or condition could put them above melt. The listings on this page are ranked by verified customer reviews from people who sold or bought in Texas shops, and every review passes a human check before publication.
794 listed businesses · 1,534 verified customer reviews · top rating 5/5 (live figures from this directory)
Texas charges no sales tax on precious metals and has no state income tax on profits
Texas Tax Code § 151.336 removes sales tax on all precious metals transactions with no minimum purchase threshold, and Texas has no state income tax, so residents selling gold owe zero state-level tax on the proceeds. Your only tax exposure is federal: capital gains tax applies in full, with the IRS collectibles rate capping long-term holdings at a maximum of 28%. Keep your purchase receipts, know how long you held the metal, and consult a tax advisor before any large sale. Read the full state guide.
Selling or buying coins locally: common questions
How do I know if my coins are worth more than their metal value?
Three things put a coin above melt: a scarce date, a scarce mint mark, and condition. Start with our free guide on collectible value versus melt, then get an in-person opinion from a shop listed on this page before selling anything old for scrap. The metal price sets your floor, never your ceiling.
What should I bring when selling coins in Texas?
A government-issued photo ID (dealers who buy from the public record seller identity in most states), the coins in whatever holders they are already in (do not clean them), and your own melt-value estimate from a free calculator so you can judge offers on the spot.
Should I accept the first offer a coin dealer makes?
Compare at least two offers on anything above a few hundred dollars. Offers vary legitimately between shops depending on their inventory and clientele. You can also post one free request on our marketplace and let rated buyers quote their best price before you visit anyone.
Is it safe to mail coins to a distant buyer instead?
Reputable mail-in buyers use insured, tracked shipping and quote after receipt. It widens your options beyond local shops, at the cost of a few days. For rare coins, an in-person appraisal first is usually worth it. Our selling guides explain both routes step by step.