Buying Silver in Louisiana

Below are some of the best silver dealers physically located in Louisiana, along with their contact information and store details. We also discuss sales tax on precious metals in each store’s city/county, independent of the 9% state sales tax charged on all silver purchases within state borders. Below are city listings in Louisiana, as well as the state-wide listings:

Blanchard and Company Inc

Blanchard and Company Inc909 Poydras St.
New Orleans, LA 70112
(504) 837-3010
www.blanchardonline.com/

Blanchard and Company, Inc. is a large, well-respected retail dealer in New Orleans. They have worked with over 400,000 coin collectors from around the United States. They deal with rare coins, gold, silver, and platinum bullion, and other rare numismatics and love to work with coin enthusiasts—new or seasoned, and with small or large purchases.

The staff at Blanchard and Company includes 85 experienced and expert numismatic professionals, some with over 20 years in the industry themselves. They are comprised of numismatic experts, professional coin graders, and most are passionate coin collectors themselves. Those looking to purchase coins and other precious metals will find personal service at Blanchard and Company.

Louisiana collects sales tax on coins and bullion but offers an exemption when a single purchase over $1000.00 Paper money is taxable. The city of New Orleans sales tax is 9.00%.

James H. Cohen & Sons, Inc.

James H. Cohen & Sons, Inc.437 Royal St.
New Orleans, LA 70130
(504) 522-3305
www.shop.cohenantiques.com

James H. Cohen & Sons, Inc opened for business in 1898 with William Feldman as the owner and proprietor. Today, his grandson, James Cohen, is the current owner and the history for James H. Cohen & Sons includes three centuries and five generations. They are the oldest and largest coin dealer in New Orleans and have an impressive showroom willed with many interesting and antique items.

New Orleans in home to a US Mint and James H. Cohen & Sons have a long standing reputation as the premier dealer for New Orleans minted coins. They are stil the country’s largest dealer of coins with the “O” mark indicating they were minted in New Orleans.

The staff at James H. Cohen & Sons believe in an educated coin collector and finds it to be essential that serious coin collectors have a thorough knowledge of coins and collectable pieces. Whether a new coin enthusiast, or a long time collector, employees will customer’s questions with accurate information.

Louisiana collects sales tax on coins and bullion but offers an exemption when a single purchase over $1000.00 Paper money is taxable. The city of New Orleans sales tax is 9.00%.

Southern Coins & Precious Metals

Southern Coins & Precious Metals4513 Zenith St
Metairie, LA 70001
504-887-0000
www.scpm.com

Southern Coins & Precious Metals began business in Metairie, Louisiana in 1977 where they were located in the French Quarter. In 1986, they moved the business to the suburbs to provide convenient parking for customers and a more comfortable and safe atmosphere. Customers can enjoy privacy and confidential transactions when they bring their valuables to Southern Coins & Precious Metals. Friendly staff is ready to assist coin collectors with any questions they may have and will evaluate any items they want to sell for cash. The employees at Southern Coins & Precious Metals love what they do and are experienced experts in all areas of numismatics.

Southern Coins & Precious Metals also makes their own one ounce and ten ounce silver bars and can offer them at great prices. The silver is guaranteed to be .999 pure and the bars are created with care to every detail.

Louisiana collects sales tax on coins and bullion but offers an exemption when a single purchase over $1000.00 Paper money is taxable. The city of Metairie’s sales tax is 8.75%.

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