Silver Coin Dealers in St Louis

Bullion Sales Tax in St Louis, 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 St Louis

  1. ​ The Wainwright Building  in downtown St. Louis was one of the first skyscrapers in the world at just 10-stories high, built in 1897 by Louis Sullivan.
  2. Peanut butter was invested in St. Louis. 
  3. Residents in St Louis consumer more barbecue sauce per capita compared to any other city in the U.S.
  4. The St. Louis Muny is the first and largest outdoor musical theater in the United States.
  5. It hosted the 1904 Summer Olympics, which is stole from Chicago who was originally suppose to host it. 

​What is Silver Bullion and Other Questions about Precious Metals

​Lots of new investors have questions like what is silver bullion and how can I invest in silver bullion? Many people who have stayed away from investing in the past are now investing in precious metals. Why are so many people turning to precious metals as an investment? People are investing in silver bullion and other precious metals because they are a great way to protect your money. Paper money becomes less valuable every day and is very vulnerable to market fluctuations. Silver bullion, silver coins, and gold are not going to lose value even if the value of paper currency goes down. Converting your money to silver bullion or silver bars is the smart way to make sure that you always have enough money to get what you and your family need. Buying silver bullion is easy to do. You can buy silver bullion online with only a small initial investment. Once you start buying silver bullion and silver rounds you can move up to investing in other precious metals like gold. But because silver bullion has more than doubled in the last few years start by buying silver bullion.