Buying Gold and Silver in Florida

Florida is the third-most populated U.S. state and is one of the fastest-growing American states. Over 23.3 million Americans call Florida home, and the state is one of the American South’s largest economic hubs. If you’re a gold or silver investor, stacker, or rare coin collector, you should have no trouble finding a qualified coin and bullion dealer in Florida.

Many of Florida’s leading coin and bullion dealers are located in Jacksonville, which is the highest population city in the state of Florida. Even if you are located outside of Jacksonville, the precious metal investing and rare coin collecting scene in Florida is large, so you’ll likely be able to locate a qualified dealer near you.

This page is your resource for bullion, precious metal products, and rare coins in the state of Florida. On this page, you’ll find a directory of leading coin and bullion dealers, information about how sales taxes work in the state, comparisons between online and local dealers, and more.

Florida requires dealers to collect sales taxes on certain precious metal products and rare coins, including:

• Palladium and Copper Products. 
• Accessories. 
• Processed Bullion. 
• Certain Bullion Products in sales under $500. 

Find more information about how Florida sales taxes apply to precious metals and rare coins by scrolling to the bottom of this page. Below, learn more about whether you should buy precious metals online or locally in the state of Florida.

Buying Precious Metals Online vs. Locally in Florida

With a growing population and a robust community of rare coin collectors and precious metal investors, Florida is a fantastic place to expand your portfolio or grow your coin collection. Florida is even home to the Florida United Numismatists (FUN) Show, one of the largest annual gatherings of coin collectors and rare coin collectors in the United States. Needless to say, you shouldn’t have trouble finding a qualified coin and bullion dealer in Florida to help you expand your portfolio.

Whether you live in Florida or another state, you might want to consider joining the growing group of investors who are working with online precious metal dealers like Hero Bullion. Online bullion dealers offer investors competitive prices, extensive inventories, and the convenience of 24/7 ordering. 

So, should you buy precious metals and rare coins online or locally in Florida? Below, we’ll take a look at some of the pros and cons of investing in coins and bullion online versus locally.

Gold and Silver Taxes in Florida

Florida law requires that dealers collect sales taxes on certain precious metals and rare coins, including the following product categories:

• Palladium and Copper Products. 
• Accessories. 
• Processed Bullion. 
• Certain Bullion Products in sales under $500. 

Hero Bullion will automatically calculate and apply all relevant sales taxes based on the address you provide to us during checkout. Remember – customers in Florida must pay sales taxes on taxable products, even if they make their purchases from online dealers like Hero Bullion.

Find more information about how Florida’s sales taxes apply to precious metals and rare coins by clicking the link below.