Pennsylvania Rules of Gold

Pennsylvania Rules of Gold


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

Sales Tax Laws on Gold and Silver - Bullion, investment metal, coins, numismatic coins and legal tender are not subject to sales tax according to the Pennsylvania Department of Revenue.

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

Sansom Coin Exchange

721 Sansom Street

Philadelphia, PA 19106

(215) 629-8898

Founded in 1979, Sansom Coin Exchange specializes in bullion. They carry all popular bullion coins, such as the American Eagle, Canadian Maple Leaf, and South African Krugerrand, in addition to all foreign and U.S. gold and silver coins, ranging from relatively common to very rare high-grade coins.

They also redeem foreign coins and paper money, with prices published online. Sansom Coin Exchange buys coins from individuals, whether a single coin or a full collection. Located in the heart of Jeweler's Row, Sansom Coin Exchange always has Philadelphia police officers present for security reasons.

South Street Coin & Jewelry

619 South Street

Philadelphia, PA 19147

(215) 413-3900

South Street Coin is committed to helping you locate any coin you wish to purchase. They carry a wide selection of gold and silver including 1, 10, and 100 ounce silver bars, American Eagles and Canadian Maple Leafs, and foreign gold and silver.

They also purchase nearly any precious metal or rare coin from individuals, along with other precious metals, such as jewelry. South Street Coin & Jewelry offers free verbal appraisals, and promises to beat any offer when buying gold or silver.

Harold B Weitz, Inc.

6315 Forbes Ave, Suite 122

Pittsburgh, PA 15217

(412) 521-1879

Harold B. Weitz is Pittsburgh's premier dealer of rare coins. They are an NGC and PCGS authorized dealer and a member of the Professional Numismatists Guild.

The staff has more than 320 years of combined experience dealing in rare coins. Harold B. Weitz buys and sells U.S. and foreign coins, graded coins, gold coins, gold jewelry, bullion bars and rounds, and paper currency, with a focus on historical U.S. coinage. They promise to pay the highest prices for gold and silver, with sample rates listed on their websites.

Keystone Rare Coins

3029 College Heights Boulevard

Allentown, PA 18104

(610) 770-9500

Founded in 1981, Keystone Rare Coins operates at both the retail and wholesale prices. By buying in bulk, Keystone is able to pass along lower prices to individual buyers. Get even better pricing by purchasing large quantities of coins or bullion from Keystone. A PCGS and NGC authorized dealer, they offer free appraisals.

Keystone Rare Coins carries a huge selection of gold, silver, and rare coins, specializing in historic and commemorative gold coins and Morgan and Peace silver dollars.

Local Gold and Silver Mints in PA

Also browse the gold and silver mints local to Pennsylvania. Some of these mints offer retail products, while others are wholesale only.

U.S. Mint, Philadelphia

The Philadelphia Mint was the first government mint established in the United States. Created in 1792, it is still in operation today. Because of its long history, many famous early U.S. coins were minted here.

The mint has produced nearly every type of coin circulated in U.S. history, including gold, silver, and commemorative issues. Today, it is capable of minting one million coins every 30 minutes. Modern coins minted here carry a 'P' mint mark.

Franklin Mint

Founded in 1964, The Franklin Mint has produced legal tender coins for foreign countries. They also produce gold and silver ingots, specializing in themed sets and fine art rounds.

Today, the Franklin Mint product range also includes figurines, porcelain dolls, and other collectibles, as well as collectible medallions in other metals.