They say everything is bigger in Texas – and this extends to their coin shops. The Houston area is home to some of the biggest and most reputable coin and precious metal bullion dealers in the country. Both the city itself and the surrounding suburbs offer many different options for buying coins and silver rounds locally.
When buying from a Houston coin shop, remember that an 8.25% sales tax applies to all purchases unless you are buying at least $1,000 worth at once. Purchases of coins and bullion totalling $1,000 or more are exempt from this tax. If you are buying U.S. coins, like the American Silver Eagle, you can subtract the face value from the transaction total when calculating the taxes due. If you are planning to buy from a Houston coin shop, it may be wise to purchase in bulk, if you can, to avoid the tax.
Here are some of the top coin shops in Houston:
Houston Numismatic Exchange
Houston Numismatic Exchange, one of the area’s best-known coin shops, specializes in ancient coins, rare coins, currency, and bullion. They also carry sports cards and fine jewelry, including unique jewelry made with coins.
Established in 1965, this is one of the biggest and oldest silver dealers in Texas. Houston Numismatic Exchange buys and sells all major types of bullion and precious metal coinage, and offers a huge selection at reasonable prices. They welcome new and experienced investors alike, with an ever-changing selection and knowledgeable staff available to assist you as you browse.
2486 Times Blvd
Houston, TX 77005
(713) 528-2135 or (800) 231-3650
Houston’s Royal Coins and Jewelry specializes in precious metal scrap, bullion, and collectible coins.
They carry a wide selection of proof and mint sets and graded coins, and specialize in Confederate currency that can’t be found anywhere else.
The full selection is only available at their shop; much of the inventory can also be found on their website. Royal Coins also buys and sells other precious metal items such as scrap silver, sterling silver flatware, and fine jewelry.
Houston, TX 77096
(713) 664-0881 or (800) 972-6467
Collectors Coin Shop
Located just East of Houston in the suburb of Bellaire, Collectors Coin Shop carries some of the rarest and most valuable coins to be found anywhere in Houston.
Established in 1985, this dealer has earned a reputation for knowledgeable employees ready to help both new and experienced collectors.
The staff here is just as passionate about precious metals as their customers. Whether you are interested in silver bullion or rare coins, trust the staff at Collectors Coin Shop to guide you towards an investment that meets your needs, regardless of your budget or level of expertise. The shop is especially known for being kid-friendly and welcoming new investors of all ages to the world of silver and coin collecting.
6503 S. Rice Avenue
Bellaire, TX 77401