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Colorado - LOCAL DIRECTORY GUIDE

Colorado sports a long history of interest in Precious Metals—it’s almost a state-wide fascination. A good deal of Colorado was settled by people who planned to travel all the way west during the California Gold Rush but didn’t make it to the coast for one reason or another. However, Gold was discovered in Colorado in 1858, meaning that there was still Gold to be had even for those who didn’t make it to California. Then, in the 1870s, rich Silver veins were discovered in Colorado and Silver mining made up major industry in Colorado through the 1890s. Today, Colorado is an alluring destination for investors planning to buy large amounts of Gold and Silver coins and bullion, because Colorado does not collect any sales tax on those transactions.

Bullion Sales Tax in Colorado

Precious Metals investors in Colorado tend to make their acquisitions from local coin dealers since no state sales taxes are applied to purchases of coins or bullion. Under Colorado law according to Colorado FYI Sales #60 – Sales Tax Exemptions for Coins and Precious Metal Bullion, “Retail sales of coins and precious metal bullion are exempt from sales tax.” This exemption applies to both state taxes and any otherwise applicable local taxes. Further according to Colorado law, coins containing any of the Precious Metals that have been recognized as or used in currency in the United States or any other country are exempt from tax, as is precious metal bullion, which here refers to any Precious Metal item whose value depends on its Precious Metal content rather than its artistic or historical value. It’s important to understand that numismatic collectibles—medallions for example—which have value beyond the intrinsic value of their metal content are not encompassed by exemption. Other precious metal items such as jewelry, statuary, tableware and artwork are also taxable. If you wish to purchase any of those items, pay careful attention to the sales taxes applied locally, as they vary greatly from city to city within Colorado.

Local Gold and Silver Mints in Colorado

Colorado is the proud home of several fine Gold and Silver mints. While some companies among these mints offer retail sales, others are wholesale only.

The Denver mint, a branch of the United States Mint, was established in 1863 as an assay office. It opened for coin production in 1906. In just over 100 years, this has become the largest mint in the world, striking over 50 million coins each day. The Denver Mint currently puts out all denominations of circulating coins, besides government-authorized coin sets and commemorative coins. Each coin struck here bears a ‘D’ mint mark. Further, the Denver mint stores a good deal of Gold and Silver bullion set for use in coin production. The United States Mint in Denver offers public tours, and we encourage you to take advantage of the opportunity to see the fascinating and educational inner workings of a mint

Precious Metal and Coin Dealers Near Me

If you seek a reputable local wholesaler near you where you might make purchases in person, allow APMEX to be of service. Browse our list of wholesale dealers who may be able to assist you:

Thank you for joining APMEX in supporting local wholesalers. Personal relationships are an important part of the Precious Metals industry, and as eager as we are to be your valued retailer, we hope you will reach out to local companies, too. Local experts in the Precious Metals industry may be a valuable source of information and camaraderie as you continue down your path of investing collecting.

Local City Information

    • Denver, Colorado Local Directory

The Denver mint, a branch of the United States Mint, was established in 1863 as an assay office. It opened for coin production in 1906. In just over 100 years, this has become the largest mint in the world, striking over 50 million coins each day. The Denver Mint currently puts out all denominations of circulating coins, besides government-authorized coin sets and commemorative coins. Each coin struck here bears a ‘D’ mint mark. Further, the Denver mint stores a good deal of Gold and Silver bullion set for use in coin production. The United States Mint in Denver offers public tours, and we encourage you to take advantage of the opportunity to see the fascinating and educational inner workings of a mint

View Denver City Guide

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