Local Gold and Silver Dealers in Roanoke, VA

Roanoke is an independent city in the U.S. state of Virginia, located in the Roanoke Valley of the Roanoke Region of Virginia. The 2010 Census put its population at an estimated 97,032 men, women and children, occupying its 43 square miles.

The town got its first name – Big Lick – because of a large salt lick that existed there. A salt lick is a deposit of salts where animals go to lick essential mineral nutrients. It was first settled in 1852 and granted a charter in 1874. The name was changed to Roanoke in 1882 and in 1884 was chartered as the independent city of Roanoke. The name “Roanoke” derives from a native Indian word for shell money.

Roanoke has risen from its humble beginnings. It is now a center for transportation, distribution, trade, manufacturing, health care, entertainment, recreation, attractions, and conventions. It has been nicknamed "Festival City" because of the many festivals held there. They include the Festival in the Park, the Roanoke GO Outside Festival, the Henry Street Festival, the Virginia Championship Chili Cook-off, and the Strawberry Festival.

The city houses the 100-foot-high illuminated steel and concrete structure, known as the Roanoke Star constructed as a "symbol of the friendliness, industrial and civic progress of Roanoke."

Sales Tax on Gold and Silver in Roanoke

Sales tax in the state of Virginia is currently 4.3%. Local jurisdictions may apply a tax, which can make the total rate as high as 7.0%. For example, there is no city tax in zip code 24000. However, starting on January 1, 2019, and running through June 30, 2022, sales of precious metals that exceed $1,000 are exempted from the tax.

The law states that sales tax “shall not apply to the following... gold, silver or platinum bullion or legal tender coins whose sales price exceeds $1,000. Each piece of gold, silver, or platinum or legal tender coin need not exceed $1,000, provided that the sales price of one entire transaction of such pieces exceeds $1,000." However, sales tax will apply to sales of precious metals, where the entire transaction is less than $1,000.

Local Gold and Silver Dealers in Roanoke

America’s Gold Traders

508 E. Main Street
Salem, VA 24153
(540) 389-0655

Apoth Coins

1026 Main St
Lynchburg, VA 24504
(434) 528-0488

Azar Jewelry, Inc.

32 Market Sq SE Suite 117
Roanoke, VA 24011
(540) 342-3313

Creative CAT, LLC

2316 Orange Ave NE
Roanoke, VA 24012
(540) 266-4147

EZ Pawn

655 Peters Creek Rd NW
Roanoke, VA 24017
(540) 400-8291

Precious Metals and Coins

6704 Williamson Rd.
Roanoke, VA 24019
(540) 904-7158

Riverside Coin Shop

1042 Riverside Dr
Danville, VA 24540
(434) 797-4439

Roanoke Coin Exchange

640 Brandon Ave SW
Roanoke, VA 24015
(540) 982-8587

Rocky Mt Golden Silver

19828 Virgil H Go
Rocky Mount, VA 24151
(540) 482-0086

Town & Country Pawn Shop

3806 Williamson R
Roanoke, VA 24012
(540) 563-0099

Yonce’s Coins, LLC

5411 Williamson Rd.
Bonsack, VA 24012
(540) 362-4437

Thanks for reading our guide to buying gold and silver bullion and coins in Roanoke, VA. If you know of any other coin or bullion shops in the city of Roanoke, please contact us at Metals.com so we can update our directory.