North Dakota Rules of Gold

North Dakota Rules of Gold


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

Sales Tax Laws on Gold and Silver - Gross receipts from the sale of domestic or foreign legal tender coins, precious metals bullion, and currency whose purity is not less than 999 per one thousand are exempt from 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 North Dakota be sure to check out our other local coin shop pages:

Bismarck Gold and Silver Exchange

212 North 4th Street, #101

Bismarck, ND 58501

(701) 258-9438

Bismarck Gold and Silver, open for more than three decades, deals in any type of gold, including coins, bullion, jewelry, and scrap. They carry a selection of gold and silver coins, as well as rare coins, though the specialty here is precious metals rather than numismatic collectibles.

Bismarck is a member of the American Numismatic Association, and are an NGC and PCGS authorized dealer. Though they have little internet presence, customers routinely report fair pricing and friendly service. Note that the preferred payment method is a check.

Tom's Coin, Stamp, and Gem Shop

2 First St. SW

Minot, ND 58701

(701) 852-4522

Tom's Coin carries an impressive inventory of thousands of coins, including gold and silver coins, foreign coins and currency, U.S. mint proof sets, and bullion. They also carry more than 25,000 North Dakota tokens and medals, and an estimated 15 million sports cards, as well as vintage comics and magazines and collectors' supplies.

While Tom's carries a wide range of collectibles, they are best known for their coins. The coin selection spans from ancient to current, and they specialize in helping collectors fill in sets.

Treasure Island Coins

1429 42nd Street S.

Fargo, ND 58103

(877) 33-COINS

Founded in 1976, Treasure Island Coins is among Fargo's largest and oldest coin dealers. They regularly deal with customers across the United States searching for rare coins, and offer shipping to the U.S. and Canada. Some of their coins may be purchased on eBay.

Treasure Island Coins offers a wide array of collectible coins and precious metal bullion, including the American Eagle, Canadian Maple Leaf, 90% silver US coinage, and rare U.S. coins. They also carry gold, silver, platinum, and palladium from the U.S. Mint and other government and private mints around the world. Treasure Island can also assist buyers planning to purchase through a precious metal IRA.

Antique & Coin Exchange

722 Kirkwood Mall

Bismarck, ND 58504

(701) 222-8859

Antique & Coin Exchange of Bismarck carries a wide array of collectibles, specializing in coins. They buy and sell gold, silver, platinum, and rare coins. They also carry antiques and jewelry. Because the selection is purchased from individual collectors, the coins found here are always changing, so you're sure to see something new every time you stop in.

Northern Plains Coins

2425 Main Ave

Fargo, ND 58103

(701) 297-0321

Northern Plains Coins specializes in gold and silver, with a wide array of coins, bullion, and jewelry. They buy all types of gold and silver from individuals, resulting an an ever-changing inventory. Though they have little internet presence, Northern Plains Coins is well-known throughout the Fargo area. They offer appraisal services and also carry rare coins. Northern Plains Coin regularly runs contests in which they hide special coins throughout the Fargo area, redeemable for a prize once found.