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Local Gold and Silver Dealers in Springfield, IL

Springfield is the capital of the U.S. state of Illinois. It is also the seat of Sangamon County. With a population of an estimated 114, 219 in 2018, it is the 6th most populous city in Illinois. The city started as a village named Calhoun, after Senator John Calhoun of South Carolina. However, in 1832, it was renamed Springfield, a tribute to the city of the same name in Massachusetts, which even at that early time was renowned for its prosperity.

Springfield, IL, was also home to Abraham Lincoln., who lived there from 1837 until he was elected president in 1861. Lincoln worked as a lawyer in Springfield for the 24 years he lived there. He made his famous Lyceum Address in Springfield.

The speech, titled "The Perpetuation of Our Political Institutions", warned of the dangers of tyranny and “men of sufficient talent and ambition” who would “overturn that fair fabric” of freedom, a pertinent reminder of the fragility of democratic institutions. Major tourist attractions include multiple sites connected with Lincoln including his presidential library and museum, his home, and his tomb at Oak Ridge Cemetery.

Sales Tax on Gold and Silver in Springfield

Generally, there is no sales tax in the state of Illinois on sales of precious metals, including legal tender, medallions, and bullion. However, South African Krugerrands are still subject to sales tax and in Springfield, sales taxes amount to 8.75%.

Local Gold and Silver Dealers in Springfield

Absolute Jewelry

526 E Capitol Ave

Springfield, IL 62701

(217) 891-7025

Dave's Trading Post & Coin Shop

333 Derby St

Pekin, IL 61554

(309) 353-7522

Decatur Coin & Jewelry

104 N Main St

Decatur, IL 62523

(217) 423-0041

Dollars & Cents Coin Shop

Located in a historic building, Dollars & Cents Coin Shop is a family business established in 2005. The staff has over 30 years of experience in the numismatic field, and the inventory includes rare historic coins and modern collectibles. A portion of their inventory is listed online, but for the most up-to-date information on what they currently sell.

(217) 498-9558

128 E. Main

Rochester, IL 62563

The Gold Center

The Gold Center’s staff has over 40 years of experience. Their inventory includes collectible coins and investment bullion, and they have selections from the US Mint and many other mints.

They are a Numismatic Guaranty Corporation authorized dealer, a Professional Coin Grading Service authorized dealer, member of the American Numismatic Association and the Central States Numismatic Society, and a United States Mint primary distributor.

(217) 793-8000

3000 W Iles Ave.

Springfield, IL 62704


2724 S Macarthur 

Springfield, IL 62704

(217) 789-9020

PGS Gold Buyers

2501 Wabash Ave #

Springfield, IL 62704

(217) 718-3868

Presidential Coins, Currency, Gold & Silver

This family-owned Springfield coin shop specializes in numismatic services and is a great place for serious investors and collectors to visit. Presidential Coins, Currency, Gold & Silver has a personalized approach to customer service, which includes honest communication about value as the market value of precious metals changes.

A wide inventory of U.S. and foreign coins is available, and since they also buy currency, the inventory is constantly changing. They are members of Numismatic Guarantee Company, the Central Illinois Numismatic Association, and the American Numismatic Association.

(217) 960-2646

1316 S MacArthur Blvd

Springfield, IL 62704

Taylorville Pawn & Jewelry

120 S Main St

Taylorville, IL 62568

(217) 824-4002

Watches, Coins, Antiques, Etc.

Watches, Coins, Antiques, Etc. is a collectibles store that opened in 2012. They advertise a pressure-free environment, whether you’re buying, selling, or just looking for more information. Visitors interested in purchasing coins should make time to take a look around the rest of the shop. From collectible comics to old slot machines, their inventory is quite unique.

(217) 523-COIN (2646)

2195 J. David Jones Parkway

Springfield, IL 62707

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