Buy Silver Coins in South Dakota
​South Dakota is a state located in the midwestern region of the United States. It is the 17th largest state at 78,116 square miles and the 46th most populated with just over 865,450 residents. It became the 49th state in 1889, at the same time as North Dakota did.  The majority of the state’s population resides on the easter side. The very fertile soil of the state is used to grow a variety of crops.

Bullion Sales Tax in South Dakota

​South Dakota has a statewide sales tax rate of 4.5% with additional local taxes that add up to 6.5%. Many forms of coins and bullion are exempt from this tax. Those considered exempt would be coins or currency that are of legal tender and made of gold, silver or other metals, or paper which is or has been used as legal tender. Items not included in this exemption are tokens or numismatic collectibles.

Silver Bullion Dealers in South Dakota

Fun Facts About South Dakota

  1. Mount Rushmore National Memorial is located in South Dakota. 
  2. The capital of South Dakota, Pierre, is the 2nd least populated capital in the U.S.
  3. Sioux Falls, SD was once known as the “Divorce Capital of the Nation."
  4. Jewel Cave in South Dakota's Black Hills is ranked as the 3rd largest cave in the world. 
  5. In 1874 an expedition of more than 1000 men from the United States Army's 7th Cavalry set at to the Black Hills to find gold. 
  6. Lead, South Dakota is home to the deepest and largest gold mind found in the U.S. 
  7. South Dakotas got its name from those who first settled the area, the Dakota Sioux Native American tribes.
  8. It has more miles of shoreline than Florida. 
  9. The best T-Rex skeleton was found in South Dakota. 
  10. The largest underground gold mine is the Homestake Mine which is  located in Lead, SD. 

​Tips for Storing Silver Bullion Safely

​Buying silver bullion is only part of the equation. After you buy it, you have to know how to keep it safe and secure. Silver bullion coins and silver bars can be stored in your home or in a safe-deposit box. There are also storage facilities that specialize in storing precious metals. If you are worried that your silver bullion won’t be safe in your home, an outside storage facility is a good choice. But if you want to keep your silver bullion close at hand in case of emergency, then storing it at home is the best choice.  No matter where you choose to store your silver, these tips can help you keep it safe.