Iowa City is a city in the east of the U.S. state of Iowa, the state’s fifth largest, with a population, estimated in 2017, to be 75,798. The city extends over an area of around 25 square miles along the Iowa River and is located about 60 miles west of the Quad Cities area.
The Quad Cities are the cities of East Moline, Moline and Rock Island in Illinois, and Bettendorf and Davenport in Iowa. The municipality was at one time a capital city and though it lost that position to Des Moines, traces of its former importance are retained.
It remains the county seat of Johnson County and is the home of the University of Iowa, the first public university to admit men and women on an equal basis.
Sales Tax on Gold and Silver in Iowa City
Sales and use taxes in Iowa City just include the statewide tax of 6%. There is neither a city or county tax. Sales of coins, currency and bullion are exempt from tax.
The Iowa Department of Revenue defines "bullion" as ‘bars, ingots, or commemorative medallions of gold, silver, platinum, palladium, or a combination of these where the value of the metal depends on its content and not the form’ and ‘coins’ or ‘currency’ are defined as a coin or currency made of gold, silver, or other metal or paper which is or has been used as legal tender.”
Local Gold and Silver Dealers in Iowa City
A & A Coins Stamps Collectables & Antiques
At A & A Coins Stamps Collectables & Antiques, you’re undoubtedly likely to find something you like. This is a dealer with a wide inventory of numismatic and precious metal items.
248 Woolf Ave
Iowa City, IA 52246
The shop buys a wide array of numismatic items.
102 E Main St
Solon, IA 52333
Dean Oakes Coin & Currency
Dean Oakes Coin & Currency has been serving the numismatic community for years. The shop also provides numismatic supplies.
315 E 1st St
Iowa City, IA 52240
Keplinger CoinsKeplinger World Coins specializes in Swiss items. However, it also offers coins from the pre-1850 period to today, as well as gold bars, mint sets, and paper money.
P.O. Box 5123
Coralville, IA 52241
Thanks for reading our guide to gold and silver buying in Iowa City, IA. If you know of any other coin or bullion shops in Iowa City, please contact us at Metals.com so we can update our directory.