Pennsylvania - LOCAL DIRECTORY GUIDE
A little trivia: Pennsylvania is the only one of the original 13 colonies with no Atlantic Ocean coastline. This Northeastern state played an enormous role in the foundation of our county and the development of our government; Pennsylvania was the second state to ratify the U.S. Constitution.
A number of major historic American documents were signed in Pennsylvania, including the Declaration of Independence.
Bullion Sales Tax in Pennsylvania
Pennsylvania does offer a sales tax exemption for coins and bullion. However, paper currency and exonumia are subject to accruing sales tax. In recent years, citizens have sought to have the exemption repealed, likely to generate revenue, but have not been successful. The state sales tax rate is 6% right now, although the addition of local taxes make the total tax rate as high as 8% in certain areas. If you are a Pennsylvania investor purchasing Gold or Silver, double check the items you have chosen and be sure they are tax exempt. This will help you get the most from your investment dollar.
Local Gold and Silver Mints in Pennsylvania
There is a tapestried history of mints and minting in Pennsylvania.
The Philadelphia Mint was the first government mint of the United States. Founded in 1792, it is still in operation today. Largely thanks to its venerable history, many important early U.S. coins were struck in Philadelphia, Pennsylvania. The mint in Philadelphia has produced almost every type of circulating coin in U.S. history, including those made of Gold and Silver, and many commemorative issues. Today, the United States Mint in Philadelphia has the capacity to strike one million coins every 30 minutes. Contemporary coins minted here bear a mint mark of ‘P’.
The Franklin Mint has long been a by-word in collectibles of all kinds. Founded in 1964, the Franklin Mint has produced Gold and Silver ingots, specializing in themed sets and fine art rounds, as well as legal tender coins for foreign countries. Now, Franklin Mint products range from figurines, porcelain dolls and other collectibles to collectible medallions in other metals.
Precious Metal and Coin Dealers Near Me
If you are looking for a reputable local wholesaler in Pennsylvania 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. We understand that personal relationships are an important part of the Precious Metals trade, and while we are eager to be your trusted 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 friendship as you continue down your path of investing and collecting.
Local City Information
- Philadelphia, Pennsylvania Local Directory
Philadelphia may be the most history-rich city in the United States. Besides being the most prominent city of the Colonial era, where the fathers of our country lived and worked, Philadelphia is also home to some of the most venerable coin shops in our nation. Whether you wish to purchase Precious Metals for investment purposes or seek a rare numismatic piece for your collection, there are many renowned coin dealers in Philadelphia.
View Philadelphia City Guide