Its population of 301,201 puts it in third place as the most populous city in the state (behind Columbus and Cleveland). Its population is only part of its influence, however. The city also boasts the fastest-growing economy in the Midwest and is within driving distance of almost two-thirds of the nation’s population.
Cincinnati’s economic power has earned it a place as the home of Fortune 500 companies as renowned as Proctor & Gamble, Kroger, and Macy’s. The city was also the birthplace of U.S. President William Taft. Cincinnati boasts three sports teams, one of the 50 largest colleges in the country (the University of Cincinnati), and historic architecture that has earned it the nickname “Paris of America.”
Sales Tax on Gold and Silver in Cincinnati
In 2016, Governor John Kasich signed Senate Bill 172, which provided a sales tax exemption for gold and silver bullion and certain types of investment coins. These coins include any made from gold, silver, platinum, or palladium.
These items include bullion that is not in the physical possession of the owner. As a result, these items, when delivered to addresses in Ohio, will not be charged sales tax.
Local Gold and Silver Dealers in Cincinnati
American Trading Company
With two Cincinnati locations, American Trading Company makes it easier for investors and collectors to find their domestic and foreign coins and bullion. Since 1982, the shop has specialized in rare coins, although they also sell other types of precious metals, such as American Eagle bullion.
3236 Galbraith Rd.
Cincinnati, OH 45239
Coins Plus Cincinnati
Coins Plus Cincinnati has been in business since 1972, but their combined experience of more than 100 years includes the services of renowned numismatist Bradley Karoleff. An active and well-known presence in the numismatic community, they contribute regularly to publications, offer grading services, provide appraisals, and buy or sell precious metals and paper currency.
They specialize in early to modern U.S. coins, as well as high-grade rare coins, bulk coins, proof and mint sets, and bullion. Their professional qualifications include membership in the American Numismatic Association, and they won the Association’s Dealer of the Year Award in 2013.
225 E 6th St., Ste. 2
Cincinnati, OH 45202
Franklin Street Coin Company
Since 1998, Franklin Street Coin Company has provided buying and selling services as well as consultation services for investors and collectors.
10855 Reading Rd.
Cincinnati, OH 45241
Ideal Cards and Coins
The largest baseball card dealer in Cincinnati also offers a large selection of certain coins (such as U.S. coins and silver dollars).
6265 Glenway Ave.
Westwood, OH 45211
Main Street CoinEven though Main Street Coin is relatively young compared to many other coin shops (having been opened in 2001), the combined experience of its team, as well as its standing as an NGC and PCGS authorized dealer and member of the American Numismatic Association, make it a qualified resource for information and products for investors and collectors alike.
In addition, the shop boasts five locations in the Cincinnati area. The shop focuses on providing a wide range of inventory and prices to cater to its customers and will buy, sell, or trade coins, as well as offer free verbal appraisals. Examples of the coins you can purchase include Confederate currency, domestic coins, bullion coins, and proof and mint sets.
4942 Dixie Hwy. (Route 4)
Fairfield, OH 45014
Thanks for reading our guide to buying gold and silver bullion and coins in Cincinnati, OH. If you know of any other coin or bullion shops in the city of Cincinnati, please contact us at Metals.com so we can update our directory.