Stout Gold & Silver has one store, in Amarillo, and Canyon residents can buy, sell and trade with us there - there is no counter in Canyon itself. The trip is a straight run north on I-27, but the shop trades on weekdays only, so the timing matters more than the miles. What happens when you arrive depends on what you bring: Texas law treats a gold coin and a gold bracelet differently at the same counter.
This guide covers the drive, buying in person or by delivery, how Texas law sorts what you sell, and common questions from collectors.
From Canyon to Amarillo: one store, weekday trading
The practical answer for Canyon is that the shop is a short highway trip away and open Monday through Friday, so the visit has to fit a working day. Canyon sits at the junction of US 60 and Interstate 27, according to the Texas State Historical Association's Handbook of Texas, and I-27 runs north from Canyon to Amarillo.
If you already drive into Amarillo for work or errands, a stop at lunchtime or on a day off is often easier than a separate trip - the shop closes at 4 pm. The same handbook records Canyon as the Randall County seat since 1889 and the home of West Texas A&M University and the Panhandle-Plains Historical Museum.
Two things are worth knowing before you set off. Walk-ins are always welcome, and appointments take priority over walk-ins, so booking an appointment can save waiting if you are on a lunch break. The shop is closed on Saturday and Sunday.
Counter or doorstep: buying from Canyon
You can buy at the counter in Amarillo or order online and have it shipped to Canyon; the difference is mostly about payment and who signs for the parcel. In person, you see the actual coin or bar before you pay and can pay by cash or debit card, which the shop accepts only face to face.
Online, the price you submit is the price you get, payment has to arrive on a set timetable, and every order ships insured with a signature required on delivery. Our guide to buying bullion online from Amarillo walks through the price lock, payment deadlines and payment tiers in full. Free shipping applies to orders over $199.99, as stated in the site banner.
The signature rule is the one to plan around. Our shipping and insurance terms say insurance covers a package until it is signed for, and that the shop is not responsible where a carrier has been told to leave parcels unattended or with a third party. If nobody is home in the daytime, plan for that before you order.
Sales tax follows the item, not the town. Texas exempts gold, silver and numismatic coins and platinum, gold and silver bullion, but palladium is not named in the exemption; our article on Texas sales tax and bullion sets out what the statute covers.
What Texas law sorts at the counter
Selling a coin or a bar and selling a piece of jewelry are handled under different rules. Texas Occupations Code § 1956.051 defines crafted precious metal as jewelry, silverware, an art object or another object made wholly or partly from precious metal and used primarily for "personal, family, or household purchases", which is the statute's own wording. It excludes, among other things, a coin, a bar and a commemorative medallion.
Crafted precious metal is the category that brings Texas's paperwork into play: a seller's list, a recorded identification number and a holding period before the item can be melted. A gold chain, a class ring or a set of sterling flatware sits inside the definition. A Gold Eagle or a 10 oz silver bar does not. Our article on Texas crafted precious metal law covers the full chapter.
| What you bring from Canyon | How Texas law treats it | What sets the offer |
|---|---|---|
| Bullion coins (Gold Eagles, Maple Leafs, Silver Eagles) | A coin is excluded from "crafted precious metal" | Metal content and the current market for that product |
| Bars | A bar is excluded from "crafted precious metal" | Metal content, brand and condition |
| Older and graded coins (pre-1933 gold, PCGS or NGC slabs) | A coin is excluded from "crafted precious metal" | Collector value as well as metal; the coin has to be seen in the office |
| Gold jewelry, sterling flatware | Crafted precious metal: seller's list and identification apply | Tested metal content and weight |
| Paper currency, vintage postage stamps | Not precious metal | The shop does not buy these |
The statute's list of exclusions is longer than the three shown here, so treat the table as a guide to common items rather than the whole definition. The statute does not describe every step at the counter, so ask when you call what identification to bring for the items you have.
Getting a number before you make the trip
For bullion, you can usually get a price over the phone before you drive up. The shop's Sell to Us page says it will lock a price by phone given a detailed and fairly accurate description, and that the price can change if what arrives differs from what was described.
Numismatic coins are the exception. The same page says every numismatic coin has to be seen in the office before a purchase price is set. Grade and eye appeal drive collector value, and neither survives a phone description.
Payment usually comes as a physical check, with cash available on smaller transactions. The page also lists Deluxe E-Check, PayPal and bank wire as alternative ways the shop pays sellers.
Coin shop questions Canyon collectors ask
A gold buyer and coin shop visit covers more than melt. The shop says it is always happy to look at numismatic coins, from older gold and silver such as pre-1933 $20 Liberties to coins graded and slabbed by PCGS and NGC, though its strongest focus is bullion. Browsing the numismatic coins on the site before a visit gives a sense of what is on hand.
Two things the shop does not buy are paper currency and vintage postage stamps. That matters when a Canyon family is sorting a relative's collection, where coins, notes and stamp albums often arrive in the same box. For paper currency, the shop says it has resources it can point you toward.
Supplies are the other regular question. Capsules, holders and tubes sized for common bullion coins are sold under the site's merch and supplies section, which helps if you are buying coins to keep rather than to resell.
What the shop does, and what it doesn't
Stout Gold & Silver is family owned and has operated in the Texas Panhandle since 1986; the homepage names Brett and Hannah Stout as owners. The shop authenticates metal with X-ray fluorescence, ultrasound and specific-gravity testing, the three methods named in its own published material.
It buys, sells and trades bullion and coins, and it offers storage in its own vaults. It does not buy paper money or stamps, it has one location, and it does not trade on weekends. If something you want to sell falls outside bullion and coins, call first and ask.
This article is educational and reflects general information about precious metals and collectible coins. It is not investment, tax or legal advice, and Stout Gold & Silver is not a registered investment adviser, broker-dealer or tax professional. Metal prices fluctuate and past performance does not indicate future results. Consult a qualified professional about your own situation.
Frequently asked questions
Is there a Stout Gold & Silver store in Canyon, TX?
No. The only store is in Amarillo, at 2300 SW 7th Ave Ste 105, reached from Canyon by I-27 north. It is open Monday to Friday, 10:00 to 16:00, and closed on Saturday and Sunday. Walk-ins are welcome, and appointments take priority, so calling (806) 374-8698 to book an appointment can save a wait.
Will the shop look at coins in PCGS or NGC holders?
Yes. The shop says it is always happy to look at numismatic coins, including coins graded and slabbed by PCGS and NGC and older gold such as pre-1933 $20 Liberties. Like every numismatic coin, a slabbed coin has to be seen in the office before a purchase price is given, so bring it with you rather than describing it by phone.
Can I get a price before I drive up from Canyon?
For bullion, usually yes. The shop will lock a price over the phone if you give a detailed and fairly accurate description, and the price can change if the item differs when it arrives. Numismatic coins are different: they have to be seen in the office before any purchase price is given.
Does Stout Gold & Silver buy paper money or stamps?
No. The shop states that it is not in the market for paper currency or vintage postage stamps, though it has resources it can share for people asking about paper currency. It buys bullion and coins, including older gold and silver and coins graded by PCGS and NGC.
Is gold bullion taxed in Texas?
Gold, silver and numismatic coins, and platinum, gold and silver bullion, are exempt from Texas sales tax under Tax Code § 151.336. Palladium is not named in that exemption. Tax treatment beyond sales tax, such as on a later sale, is a question for a tax professional.
Planning the trip from Canyon
If you are planning a trip up I-27 to buy, sell or trade, call ahead and we will tell you what to bring. Walk-ins are always welcome during opening hours, and an appointment takes priority over walk-ins.
Stout Gold & Silver
2300 SW 7th Ave Ste 105
Amarillo, TX 79106
(806) 374-8698
Mon–Fri 10:00–16:00 · Sat closed · Sun closed
