Mississippi Rules of Gold

Mississippi Rules of Gold


Are Gold and Silver Recognized as Legal Tender? - No.

Sales Tax Laws on Gold and Silver - A 7% sales tax is levied on precious metals purchases.

Is Capital Gains Tax Levied on Gold and Silver? - Yes.

Do the State's Laws Allow for a State Bullion Depository? - No.

Does the State Hold Gold and Silver Reserves? - No.

Does the State Hold Physical Gold and/or Silver in Government Pension Funds? - No.

If you are looking for gold and silver dealer or coin shops in specific cities located in state of Mississippi be sure to check out our other local coin shop pages:

State Street Coins

616 N. State Street

Clarksdale, MS 38614

(662) 302-1761

State Street Coins specializes in U.S. coinage, offering a wide selection of historical and modern coins, as well as Silver Eagle bullion coins and paper currency. Most of their coins are graded and certified, though they do sell some raw coins. They also buy U.S. coins, and sell a selection of their coins through eBay and on their website.

The Coin Shop Biloxi

724 Jackson St.

Biloxi, MS 39530

(228) 435-8880

The Coin Shop Biloxi was founded by Norman Carnovlae, a Mississippi Numismatic Association board member, and regularly participates in area coin shows and other numismatic community events. They specialize in U.S. coins, including proof and mint sets, half cents, large cents, and small cents.

The Coin Shop also offers silver and gold bullion and coin collecting supplies. A small selection of their coins may be purchased through their website. The Coin Shop Biloxi is designed to be a one-shop coin shop, and also buys and sells world coins, paper currency, stamps, tokens, and other numismatic collectibles.

North Mississippi Coin Company

7020 Tchulahoma, Suite 3

Southaven, MS 38671

(662) 349-1771

North Mississippi Coin Company carries a wide selection of coins, precious metals, and collecting supplies. Their stock includes silver, gold, and platinum bullion, 90% silver and sterling silver, and U.S. coinage and paper currency.

North Mississippi buys and sells scrap gold and silver, and their prices are based on the previous day's closing spot prices. North Mississippi Coin Company carries all common forms of gold and silver bullion including rounds, bars, American Eagles, Canadian Maple Leafs, Chinese Pandas, and more.

Bill's Coin & Stamp Exchange

104 Wilmington St.

Jackson, MS 39204

(601) 371-1223

Bill's Coin & Stamp Exchange, a U.S. Mint authorized dealer, sells American Eagle coins and other gold and silver bullion. This PCGS authorized dealer also buys and sells coin collections, silver dollars, commemorative coins, and jewelry, and offers loans on coins and diamonds. Bill's Coin also sells coin collecting supplies.

Gold & Silver Extravaganza

1139 Old Fannin Road, Suite R

Brandon, MS 39047

(601) 321-9010

Gold & Silver Extravaganza specializes in precious metals, including gold, silver, and rare coins, as well as gold and silver scrap and bullion and fine jewelry. They offer house calls for those with a large collection of coins or precious metal to sell, and also offer free appraisals. Extravaganza also guarantees the highest prices paid for gold, silver, and platinum bullion and coins.