Florida Gold Dealers

Buying from Florida Gold Dealers

Given the fluctuating nature of gold and silver prices, it is crucial for buyers in Florida to approach their investments with thorough research and care.

We recommend reviewing the credibility of dealers through customer feedback on various platforms, including our website. Additionally, consulting the Florida BBB and the Florida Chamber of Commerce can provide valuable insights and may lead to recommendations for reputable local dealers.

After your transaction, we invite you to contribute to our community by adding your experiences to our Florida gold dealer reviews.

Are Bullion Sales Taxed in Florida?

Florida places a 6% sales tax on bullion bars and coins.

Importantly there is an exemption where the total purchase price of a bullion order is above $500.

US coins are exempt from sales tax, so American Gold and Silver Eagles for example have no tax payable even if a purchase falls below this threshold. Legal tender coins from other countries are exempt from sales tax provided they are sold at face value.

Florida’s state tax laws here, make Florida a poor choice for very small orders, but an excellent choice for buying investment precious metals over this threshold.

Our full list of zero tax states can be found here – where Florida’s gold investors may be able to buy and store smaller quantities of gold without this disadvantage, although at such a low threshold of $500 the reality is few bullion investors will be caught out by this tax.