Silver Coin Dealers in Joplin

Bullion Sales Tax in Joplin, MO

​Missouri has a statewide sales tax rate of 4.225% with additional local taxes that can add up to 9.35%. Bullion and investment coins are exempt from taxes.  This would include gold, silver, platinum, or palladium, at least 0.900 pure, where the value of it is dependent on the metal content versus the form. While investment coins are considered, numismatic coins or other forms of legal tender in gold, silver, platinum, palladium or metals where the market value is greater than the face value of the coin itself.

Fun Facts About Joplin

  1. Joplin was once the backdrop to the crimes of Bonnie and Clyde.
  2. It's not situated on Tornado Alley like most think, but instead the Bible Belt. 
  3. Lead was discovered before the Civil War in Joplin.
  4. Jane Grant, the co-founder of The New Yorker  magazine was from Joplin.
  5. Grant Wistrom, a former defensive end in the NFL who played from the Los Angeles Rams and Seattle Seahawks was born in Joplin.

​Keeping Silver at a Bank

​To avoid dealing with the worry and hassle of storing silver at home, many who buy silver bullion choose to use a safe deposit box at a bank. These boxes are usually quite affordable and are generally priced based on size. Most banks allow owners of safe deposit boxes to visit them during regular business hours and to make withdrawals as necessary. This is an easy and affordable way to keep silver bars and silver coins nearby but to not subject it to the same vulnerabilities as silver stored in a person’s home.