Montana Rules of Gold

Montana Rules of Gold


Are Gold and Silver Recognized as Legal Tender? - No. A bill titled HB 513 was passed in 2011 which would have affirmed gold and silver as constitutional money, but it failed to pass into law. The fact that such a bill had been introduced raises hope that a similar effort will be underway in the future.

Sales Tax Laws on Gold and Silver - Montana is one of the few U.S. states that does not levy a sales tax.

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 Montana be sure to check out our other local coin shop pages:

Wayne Miller Coins

38 N. Last Chance Gulch

Helena, MT 59601

(406) 442-0713

This Helena coin dealer is renowned for its selection of gold and silver bullion and rare coins. Founded in 1966, Wayne Miller Coins will buy estate collections and single coins. Most of their coins can only be purchased in their shop, though a small selection is sold through eBay.

Owner Wayne Miller is an internationally renowned expert on Morgan and Peace silver dollars; his personal collection of such coins sold for a record price of $1.2 million. Wayne Miller Coins sells U.S. proof and mint sets, gold coins, 90% silver, high-grade Kennedy half dollars and Sacajawea dollars, and modern commemorative coins, among other U.S. coinage.

Grizzly Gold and Silver

1935 Brooks Street

Missoula, MT 59801

(406) 541-6690

Grizzly Gold and Silver specializes in gold, silver, and platinum coins. Their selection includes American Eagles, Canadian Maple Leafs, Gold American Buffalos, Austrian Philharmonics, Krugerrands, silver dollars, 90% silver coinage, and privately-minted bars and rounds.

Grizzly Gold and Silver also carries proof sets, mint sets, and other collectible coins. They purchase all types of gold, silver, and platinum bullion and scrap. Buy and sell prices for many common forms of bullion are published on their website.

Williams Gallery of Rare Coins

29 South Tracy Avenue

Bozeman, MT 59715

(406) 586-4343

Williams Gallery considers rare coins to be tiny works of art, both beautiful and representative of U.S. history. They also see high-grade U.S. coins as an excellent financial option. Founded in 1976, Williams Gallery of Rare Coins buys and sells U.S. coins, currency, and gold and silver bullion.

Nearly every coin sold by Williams Gallery has been authenticated and graded by the PCGS or NGC, though they also occasionally sell raw or uncertified coins. They also purchase collections and individual coins, and sell coin collecting supplies. A selection of their coins can be purchased on eBay; others can only be bought at their shop.

Ardie's Coins

1944 Grand Ave,

Billings, MT 59102

(406) 656-8777

Founded in 1993, Ardie's Coins is among the busiest Montana coin dealers. Ardie's Coins specializes in Morgan and Peace silver dollars. They also buy and sell rare U.S. coins, bullion (gold, silver, platinum, and palladium), and jewelry.

Ardie's Coins maintains a stock of popular bullion coins, such as the American Eagle, Canadian Maple Leaf, and South African Kruggerand; for other bullion coins, call first to check availability. They also offer grading and appraisal services and sell a selection of their coins on eBay and through their website.

Montana Rarities

P.O. Box 11

Florence, MT 59833

Montana Rarities is a Missoula-based mail order coin dealer offering gold and silver bullion, 90% silver coinage, collectible coins, U.S. and foreign coins, proof and mint sets, and coin collecting supplies. They offer a monthly gold and silver purchase plan for returning buyers interested in placing automatic orders, and also sell on eBay.

Montana Rarities does offer bulk pricing for large purchases. Their website lists buy prices for the most popular gold and silver bullion coins and bars, with prices updated daily. Nearly all of their orders ship within 24 hours of purchase.