With the advent and popularity of online precious metals retailers, local dealers throughout the nation have had to compete with a new and emerging force. That being said, buying gold locally gives the customer an up, close and personal ‘feel’ for a product that simply cannot be imitated by their online counterparts. The flipside is, customers only have a narrow selection to choose from, compared to online retailers that enable instant access to a wide selection at the click of a button.
If you want to add to your investment or collection by buying gold locally from San Antonio, you’re in luck. San Antonio has some large and renowned coin shops that have proven their expertise in precious metals retailing with years of experience and integrity.
Among the many local coin shops in San Antonio, some of the more renowned are Miles Gold and Silver and Nacogdoches Gold and Silver Exchange.
Miles Gold and Silver
Situated in Shearer Hills, Miles Gold and Silver has been buying and selling precious metals and stones for over 30 years, spanning three generations. In addition to offering jewelry and watch repair, Miles has a modest in-house collection of gold and silver bullion and coins in stock at all times, but asks that you phone ahead so they can make sure that if they don’t have it, they can have it shipped from one of their other locations in San Antonio or Albuquerque.
Check out Miles Gold and Silver in-person at 6900 San Pedro Avenue #141, San Antonio, TX 78216 or call at 210-828-0000.
Nacogdoches Gold and Silver Exchange
A family-owned San Antonio gold seller worth a look is Nacogdoches. Established in 2008, this local buyer and seller of precious metals and jewelry offers a variety of gold and silver bullion, gold and silver coins (both US Mint collections and single and rarer pieces) in addition to antiques, bracelets, ring and other jewelry, inset with precious stones or in simple, elegant designs.
Visit Nacogdoches Gold and Silver Exchange at 13323 Nacogdoches Road, Suite 3, San Antonio TX, 78216 or call at 210-655-8428.
Sales Tax on Gold Purchases in San Antonio
Always remember that sales tax may apply when buying precious metals and laws vary from state to state. Purchases of $1,000 or more in precious metals are exempt from Texas sales tax. Purchases under $1,000 can be taxed anywhere from 6.25%-8.25%.