Bullion bars or ingots refined to 90% or greater; sold according to precious metal content: Exempt
Coins refined to 90% or greater; sold according to precious metal conent: Exempt
Silver
Bullion bars or ingots refined to 90% or greater; sold according to precious metal content: Exempt
Coins refined to 90% or greater; sold according to precious metal conent: Exempt
Platinum
Bullion bars or ingots refined to 90% or greater; sold according to precious metal content: Exempt
Coins refined to 90% or greater; sold according to precious metal conent: Exempt
Palladium
Bullion bars or ingots refined to 90% or greater; sold according to precious metal content: Exempt
Coins refined to 90% or greater; sold according to precious metal conent: Exempt
Alaska Taxes
Gold
No state sales tax
Some local jurisdictions within the state do collect sales tax.
Silver
No state sales tax
Some local jurisdictions within the state do collect sales tax.
Platinum
No state sales tax
Some local jurisdictions within the state do collect sales tax.
Palladium
No state sales tax
Some local jurisdictions within the state do collect sales tax.
Arizona Taxes
Gold
Bullion or ingots sold according to precious metal content: Exempt
Legal tender manufactured from precious metals: Exempt
Silver
Bullion or ingots sold according to precious metal content: Exempt
Legal tender manufactured from precious metals: Exempt
Platinum
Bullion or ingots sold according to precious metal content: Exempt
Legal tender manufactured from precious metals: Exempt
Palladium
Bullion or ingots sold according to precious metal content: Exempt
Legal tender manufactured from precious metals: Exempt
Arkansas Taxes
Gold
"Bullion": Coin, bar, or ingot made in whole or in part of precious metals, is or was used as a medium of exchange, and is sold based on the value as a precious metal: Exempt
"Coin" or "Currency": Coin or currency that was made in whole or in part of precious metals, is or was used as a medium of exchange, security, or commodity by the US Government or foreign government; and is sold based on value of precious metal or collectibility: Exempt
Silver
"Bullion": Coin, bar, or ingot made in whole or in part of precious metals, is or was used as a medium of exchange, and is sold based on the value as a precious metal: Exempt
"Coin" or "Currency": Coin or currency that was made in whole or in part of precious metals, is or was used as a medium of exchange, security, or commodity by the US Government or foreign government; and is sold based on value of precious metal or collectibility: Exempt
Platinum
"Bullion": Coin, bar, or ingot made in whole or in part of precious metals, is or was used as a medium of exchange, and is sold based on the value as a precious metal: Exempt
"Coin" or "Currency": Coin or currency that was made in whole or in part of precious metals, is or was used as a medium of exchange, security, or commodity by the US Government or foreign government; and is sold based on value of precious metal or collectibility: Exempt
Palladium
"Bullion": Coin, bar, or ingot made in whole or in part of precious metals, is or was used as a medium of exchange, and is sold based on the value as a precious metal: Exempt
"Coin" or "Currency": Coin or currency that was made in whole or in part of precious metals, is or was used as a medium of exchange, security, or commodity by the US Government or foreign government; and is sold based on value of precious metal or collectibility: Exempt
California Taxes
Gold
Nonmonetized bullion refined to purity of 90% or greater in a single transaction of over $1500: Exempt
Monetized bullion (incl. American Arts Gold Medallions) in a single transaction of over $1500: Exempt
Numismatic coins in a single transaction of over $1500: Exempt
Silver
Nonmonetized bullion refined to purity of 90% or greater in a single transaction of over $1500: Exempt
Monetized bullion (incl. American Arts Gold Medallions) in a single transaction of over $1500: Exempt
Numismatic coins in a single transaction of over $1500: Exempt
Colorado Taxes
Gold
Refined bullion bars or ingots sold according to precious metal content: Exempt
Legal tender bullion coins: Exempt
Legal tender numismatic coins: Exempt
Silver
Refined bullion bars or ingots sold according to precious metal content: Exempt
Legal tender bullion coins: Exempt
Legal tender numismatic coins: Exempt
Platinum
Refined bullion bars or ingots sold according to precious metal content: Exempt
Legal tender bullion coins: Exempt
Legal tender numismatic coins: Exempt
Palladium
Refined bullion bars or ingots sold according to precious metal content: Exempt
Legal tender bullion coins: Exempt
Legal tender numismatic coins: Exempt
Connecticut Taxes
Gold
Refined bullion bar sold based on precious metal content and not form; single transaction value greater than $1000: Exempt
Legal tender bullion coins of any nation, sold based on precious metal content and not form; single transaction value greater than $1000: Exempt
Rare or antique coins regardless of sale price: Exempt
Silver
Refined bullion bar sold based on precious metal content and not form; single transaction value greater than $1000: Exempt
Legal tender bullion coins of any nation, sold based on precious metal content and not form; single transaction value greater than $1000: Exempt
Rare or antique coins regardless of sale price: Exempt
Platinum
Taxable
Palladium
Taxable
Delaware Taxes
Gold
No state sales tax
Silver
No state sales tax
Platinum
No state sales tax
Palladium
No state sales tax
Disctrict of Columbia Taxes
Gold
Taxable
Silver
Taxable
Platinum
Taxable
Palladium
Taxable
Florida Taxes
Gold
US legal tender numismatic coins and currency: Exempt
US legal tender bullion coins: Exempt
Other current country legal tender numismatic coins and currency sold over face value; transaction over $500: Exempt
Other current country legal tender bullion coins; transaction over $500; must have face value: Exempt
Refined bullion bars, or ingots sold based on precious metal content; transaction over $500; coins i.e. Krugerrands are not part of this category: Exempt
Silver
US legal tender numismatic coins and currency: Exempt
US legal tender bullion coins: Exempt
Other current country legal tender numismatic coins and currency sold over face value; transaction over $500: Exempt
Other current country legal tender bullion coins; transaction over $500; must have face value: Exempt
Refined bullion bars, or ingots sold based on precious metal content; transaction over $500; coins i.e. Krugerrands are not part of this category: Exempt
Platinum
US legal tender numismatic coins and currency: Exempt
US legal tender bullion coins: Exempt
Other current country legal tender numismatic coins and currency sold over face value; transaction over $500: Exempt
Other current country legal tender bullion coins; transaction over $500; must have face value: Exempt
Refined bullion bars, or ingots sold based on precious metal content; transaction over $500; coins i.e. Krugerrands are not part of this category: Exempt
Palladium
US legal tender numismatic coins and currency: Exempt
US legal tender bullion coins: Exempt
Other current country legal tender numismatic coins and currency sold over face value; transaction over $500: Exempt
Other current country legal tender bullion coins; transaction over $500; must have face value: Exempt
Refined bullion bars, or ingots sold based on precious metal content; transaction over $500; coins i.e. Krugerrands are not part of this category: Exempt
Georgia Taxes
Gold
Refined and sold in bar or ingot form according to weight of precious metal and not form: Exempt
US and foreign legal tender bullion coins: Exempt
US and foreign legal tender numismatic coins: Exempt
Medals or medallions sold according to weight of precious metal and not form: Exempt
Silver
Refined and sold in bar or ingot form according to weight of precious metal and not form: Exempt
US and foreign legal tender bullion coins: Exempt
US and foreign legal tender numismatic coins: Exempt
Medals or medallions sold according to weight of precious metal and not form: Exempt
Platinum
Refined and sold in bar or ingot form according to weight of precious metal and not form: Exempt
US and foreign legal tender bullion coins: Exempt
US and foreign legal tender numismatic coins: Exempt
Medals or medallions sold according to weight of precious metal and not form: Exempt
Palladium
US and foreign legal tender bullion coins: Exempt
US and foreign legal tender numismatic coins: Exempt
Hawaii Taxes
Gold
Taxable
Silver
Taxable
Platinum
Taxable
Palladium
Taxable
Idaho Taxes
Gold
Refined bullion bars sold according to precious metal content: Exempt
Monetized bullion coins that are or have been mediums of exchange in US or foreign countries: Exempt
South African Krugerrands: Exempt
Silver
Refined bullion bars sold according to precious metal content: Exempt
Monetized bullion coins that are or have been mediums of exchange in US or foreign countries: Exempt
South African Krugerrands: Exempt
Platinum
Refined bullion bars sold according to precious metal content: Exempt
Monetized bullion coins that are or have been mediums of exchange in US or foreign countries: Exempt
South African Krugerrands: Exempt
Illinois Taxes
Gold
Bullion refined to not less than 98% fine; sold according to precious metal content: Exempt
US or foreign legal tender: Exempt
Legal tender gold or silver coinage: Exempt
Silver
Bullion refined to not less than 98% fine; sold according to precious metal content: Exempt
US or foreign legal tender: Exempt
Legal tender gold or silver coinage: Exempt
Platinum
Bullion refined to not less than 98% fine; sold according to precious metal content: Exempt
US or foreign legal tender: Exempt
Legal tender gold or silver coinage: Exempt
Indiana Taxes
Gold
IRA Eligible bullion coins: Exempt
IRA Eligible bullion bars: Exempt
Legal tender: Exempt
Silver
IRA Eligible bullion coins: Exempt
IRA Eligible bullion bars: Exempt
Legal tender: Exempt
Platinum
IRA Eligible bullion coins: Exempt
IRA Eligible bullion bars: Exempt
Legal tender: Exempt
Palladium
IRA Eligible bullion coins: Exempt
IRA Eligible bullion bars: Exempt
Legal tender: Exempt
Iowa Taxes
Gold
No state sales tax
Silver
No state sales tax
Platinum
No state sales tax
Palladium
No state sales tax
Kansas Taxes
Gold
Refined bullion bars, ingots, or commemorative medallions that are sold according to precious metal content: Exempt
Coins: Exempt
Silver
Refined bullion bars, ingots, or commemorative medallions that are sold according to precious metal content: Exempt
Coins: Exempt
Platinum
Refined bullion bars, ingots, or commemorative medallions that are sold according to precious metal content: Exempt
Palladium
Refined bullion bars, ingots, or commemorative medallions that are sold according to precious metal content: Exempt
Kentucky Taxes
Gold
Taxable
Silver
Taxable
Platinum
Taxable
Palladium
Taxable
Louisiana Taxes
Gold
Refined bullion bars, ingots, or coins that are sold according to precious metal content: Exempt
Numismatic coins; of value up to $1000: Exempt
Silver
Refined bullion bars, ingots, or coins that are sold according to precious metal content: Exempt
Numismatic coins; of value up to $1000: Exempt
Platinum
Refined bullion bars, ingots, or coins that are sold according to precious metal content: Exempt
Numismatic coins; of value up to $1000: Exempt
Palladium
Numismatic coins; of value up to $1000: Exempt
Maine Taxes
Gold
Taxable
Silver
Taxable
Platinum
Taxable
Palladium
Taxable
Maryland Taxes
Gold
Refined bullion bars, or ingots, that are sold according to precious metal content; purchase price over $1000: Exempt
Precious metal coins that are, or were, used as a medium of exchange in the US or foreign nation; purchase price over $1000: Exempt
Silver
Refined bullion bars, or ingots, that are sold according to precious metal content; purchase price over $1000: Exempt
Precious metal coins that are, or were, used as a medium of exchange in the US or foreign nation; purchase price over $1000: Exempt
Platinum
Refined bullion bars, or ingots, that are sold according to precious metal content; purchase price over $1000: Exempt
Precious metal coins that are, or were, used as a medium of exchange in the US or foreign nation; purchase price over $1000: Exempt
Palladium
Refined bullion bars, or ingots, that are sold according to precious metal content; purchase price over $1000: Exempt
Precious metal coins that are, or were, used as a medium of exchange in the US or foreign nation; purchase price over $1000: Exempt
Massachusetts Taxes
Gold
Numismatic (rare) coins; purchase price over $1000: Exempt
Refined bullion bar or ingot sold according to precious metal content; purchase price over $1000: Exempt
Gold or silver legal tender of US or foreign nation; purchase price over $1000: Exempt
Silver
Numismatic (rare) coins; purchase price over $1000: Exempt
Refined bullion bar or ingot sold according to precious metal content; purchase price over $1000: Exempt
Gold or silver legal tender of US or foreign nation; purchase price over $1000: Exempt
Platinum
Numismatic (rare) coins; purchase price over $1000: Exempt
Palladium
Numismatic (rare) coins; purchase price over $1000: Exempt
Michigan Taxes
Gold
Refined bullion bars, or ingots, that are sold according to precious metal content; at least 90% purity: Exempt
Numismatic coins that trade at a premium to their face value: Exempt
Legal tender coins that trade at a premium to their face value: Exempt
Silver
Refined bullion bars, or ingots, that are sold according to precious metal content; at least 90% purity: Exempt
Numismatic coins that trade at a premium to their face value: Exempt
Legal tender coins that trade at a premium to their face value: Exempt
Platinum
Refined bullion bars, or ingots, that are sold according to precious metal content; at least 90% purity: Exempt
Numismatic coins that trade at a premium to their face value: Exempt
Legal tender coins that trade at a premium to their face value: Exempt
Palladium
Numismatic coins that trade at a premium to their face value: Exempt
Legal tender coins that trade at a premium to their face value: Exempt
Minnesota Taxes
Gold
Bars, coins, or ingots of any purity where the value depends on precious metal content not form: Exempt
Coins and currency made of any metal that are or have been used as legal tender: Exempt
Silver
Bars, coins, or ingots of any purity where the value depends on precious metal content not form: Exempt
Coins and currency made of any metal that are or have been used as legal tender: Exempt
Platinum
Bars, coins, or ingots of any purity where the value depends on precious metal content not form: Exempt
Coins and currency made of any metal that are or have been used as legal tender: Exempt
Palladium
Bars, coins, or ingots of any purity where the value depends on precious metal content not form: Exempt
Coins and currency made of any metal that are or have been used as legal tender: Exempt
Mississippi Taxes
Gold
Bullion items defined as manufactured in whole or in part of gold, silver, platinum, or palladium; is or was used as a medium of exchange, security, or commodity by any state, the US government or foreign; and sold based on value of precious metal: Exempt
Coins and currency defined as manufactured in whole or in part of gold, silver, platinum, or palladium; is or was used as a medium of exchange, security, or commodity by any state, the US government or foreign; and sold based on value of precious metal: Exempt
Silver
Bullion items defined as manufactured in whole or in part of gold, silver, platinum, or palladium; is or was used as a medium of exchange, security, or commodity by any state, the US government or foreign; and sold based on value of precious metal: Exempt
Coins and currency defined as manufactured in whole or in part of gold, silver, platinum, or palladium; is or was used as a medium of exchange, security, or commodity by any state, the US government or foreign; and sold based on value of precious metal: Exempt
Platinum
Bullion items defined as manufactured in whole or in part of gold, silver, platinum, or palladium; is or was used as a medium of exchange, security, or commodity by any state, the US government or foreign; and sold based on value of precious metal: Exempt
Coins and currency defined as manufactured in whole or in part of gold, silver, platinum, or palladium; is or was used as a medium of exchange, security, or commodity by any state, the US government or foreign; and sold based on value of precious metal: Exempt
Palladium
Bullion items defined as manufactured in whole or in part of gold, silver, platinum, or palladium; is or was used as a medium of exchange, security, or commodity by any state, the US government or foreign; and sold based on value of precious metal: Exempt
Coins and currency defined as manufactured in whole or in part of gold, silver, platinum, or palladium; is or was used as a medium of exchange, security, or commodity by any state, the US government or foreign; and sold based on value of precious metal: Exempt
Missouri Taxes
Gold
Refined gold, silver, platinum, or palladium bullion bars or ingots sold according to precious metal content: Exempt
Numismatic coins or other forms of money, and legal tender bullion coins made of gold, silver, platinum, or palladium with a fair market value greater than their face value: Exempt
Silver
Refined gold, silver, platinum, or palladium bullion bars or ingots sold according to precious metal content: Exempt
Numismatic coins or other forms of money, and legal tender bullion coins made of gold, silver, platinum, or palladium with a fair market value greater than their face value: Exempt
Platinum
Refined gold, silver, platinum, or palladium bullion bars or ingots sold according to precious metal content: Exempt
Numismatic coins or other forms of money, and legal tender bullion coins made of gold, silver, platinum, or palladium with a fair market value greater than their face value: Exempt
Palladium
Refined gold, silver, platinum, or palladium bullion bars or ingots sold according to precious metal content: Exempt
Numismatic coins or other forms of money, and legal tender bullion coins made of gold, silver, platinum, or palladium with a fair market value greater than their face value: Exempt
Nebraska Taxes
Gold
Bullion defined as bars, ingots of gold, silver, platinum, palladium, or a combination of which the value depends on content and not form: Exempt
Currency defined as coin or currency made of gold, silver, or other metal which is or has been used as legal tender: Exempt
Silver
Bullion defined as bars, ingots of gold, silver, platinum, palladium, or a combination of which the value depends on content and not form: Exempt
Currency defined as coin or currency made of gold, silver, or other metal which is or has been used as legal tender: Exempt
Platinum
Bullion defined as bars, ingots of gold, silver, platinum, palladium, or a combination of which the value depends on content and not form: Exempt
Currency defined as coin or currency made of gold, silver, or other metal which is or has been used as legal tender: Exempt
Palladium
Bullion defined as bars, ingots of gold, silver, platinum, palladium, or a combination of which the value depends on content and not form: Exempt
Currency defined as coin or currency made of gold, silver, or other metal which is or has been used as legal tender: Exempt
Nevada Taxes
Gold
Coins to be used as a medium of exchange; sales price less than 50% over face value; must be currently acceptable as money: Exempt
Bullion used as a medium of exchange: Exempt
Silver
Coins to be used as a medium of exchange; sales price less than 50% over face value; must be currently acceptable as money: Exempt
Bullion used as a medium of exchange: Exempt
Platinum
Coins to be used as a medium of exchange; sales price less than 50% over face value; must be currently acceptable as money: Exempt
Bullion used as a medium of exchange: Exempt
Palladium
Coins to be used as a medium of exchange; sales price less than 50% over face value; must be currently acceptable as money: Exempt
Bullion used as a medium of exchange: Exempt
New Hampshire Taxes
Gold
No state sales tax
Silver
No state sales tax
Platinum
No state sales tax
Palladium
No state sales tax
New Jersey Taxes
Gold
Taxable
Silver
Taxable
Platinum
Taxable
Palladium
Taxable
New Mexico Taxes
Gold
Taxable
Silver
Taxable
Platinum
Taxable
Palladium
Taxable
New York Taxes
Gold
Gold Krugerrands: Taxable
Gold Coins 1/4 oz or smaller: Taxable if Price is 120% more than Face Value OR if Price is 120% more than market price AND Price is less than or equal to $1000
Gold Coins 1/4 oz or larger: Taxable if Price is 115% more than Face Value OR if Price is 115% more than market price AND Price is less than or equal to $1000
Gold Bullion: Taxable if Price is 115% than market price AND Price is less than or equal to $1000
Silver
Silver Krugerrands: Taxable
Silver Coins: Taxable if Price is 120% more than Face Value OR if Price is 120% more than market price AND Price is less than or equal to $1000
Silver Bullion: Taxable if Price is 115% than market price AND Price is less than or equal to $1000
Platinum
Platinum Krugerrands: Taxable
Platinum Coins: Taxable if Price is 115% more than Face Value OR if Price is 120% more than market price AND Price is less than or equal to $1000
Platinum Bullion: Taxable if Price is 115% than market price AND Price is less than or equal to $1000
Palladium
Palladium Krugerrands: Taxable
Palladium Coins: Taxable if Price is 115% more than Face Value OR if Price is 120% more than market price AND Price is less than or equal to $1000
Palladium Bullion: Taxable if Price is 115% than market price AND Price is less than or equal to $1000
North Carolina Taxes
Gold
Numismatic coins and other legal tender metal items of the US or foreign nations, valued at more than face value: Exempt
Refined bullion bars sold for investment and sold according to precious metal content and not form: Exempt
Silver
Numismatic coins and other legal tender metal items of the US or foreign nations, valued at more than face value: Exempt
Refined bullion bars sold for investment and sold according to precious metal content and not form: Exempt
Platinum
Numismatic coins and other legal tender metal items of the US or foreign nations, valued at more than face value: Exempt
Refined bullion bars sold for investment and sold according to precious metal content and not form: Exempt
Palladium
Numismatic coins and other legal tender metal items of the US or foreign nations, valued at more than face value: Exempt
Refined bullion bars sold for investment and sold according to precious metal content and not form: Exempt
North Dakota Taxes
Gold
Bullion refined to a purity not less than 0.999 fine and sold according to precious metal content and not form: Exempt
Legal Tender Coins: Exempt
Silver
Bullion refined to a purity not less than 0.999 fine and sold according to precious metal content and not form: Exempt
Legal Tender Coins: Exempt
Platinum
Bullion refined to a purity not less than 0.999 fine and sold according to precious metal content and not form: Exempt
Legal Tender Coins: Exempt
Palladium
Bullion refined to a purity not less than 0.999 fine and sold according to precious metal content and not form: Exempt
Legal Tender Coins: Exempt
Ohio Taxes
Gold
Investment coins & bullion: Exempt
Silver
Investment coins & bullion: Exempt
Platinum
Investment coins & bullion: Exempt
Palladium
Investment coins & bullion: Exempt
Oklahoma Taxes
Gold
Sales of coins, bars, ingots, blanks, rounds, and medallions make from gold, silver, platinum, or palladium, sold according to its precious metal content and not form: Exempt
Bullion legal tender sold according to its precious metal content and not form: Exempt
Bullion coins sold or purchased as an investment: Exempt
Silver
Sales of coins, bars, ingots, blanks, rounds, and medallions make from gold, silver, platinum, or palladium, sold according to its precious metal content and not form: Exempt
Bullion legal tender sold according to its precious metal content and not form: Exempt
Bullion coins sold or purchased as an investment: Exempt
Platinum
Sales of coins, bars, ingots, blanks, rounds, and medallions make from gold, silver, platinum, or palladium, sold according to its precious metal content and not form: Exempt
Bullion legal tender sold according to its precious metal content and not form: Exempt
Bullion coins sold or purchased as an investment: Exempt
Palladium
Sales of coins, bars, ingots, blanks, rounds, and medallions make from gold, silver, platinum, or palladium, sold according to its precious metal content and not form: Exempt
Bullion legal tender sold according to its precious metal content and not form: Exempt
Bullion coins sold or purchased as an investment: Exempt
Pennsylvania Taxes
Gold
Refined bars of elementary precious metal, including gold, silver, platinum, and palladium, sold according to its precious metal content and not form: Exempt
Numismatic coins or other forms of money with a fair market value greater than their face value: Exempt
Legal tender coins of the U.S. or foreign nations, manufactured from gold, silver, platinum, palladium or other metal, with a fair market value greater than their face value: Exempt
Silver
Refined bars of elementary precious metal, including gold, silver, platinum, and palladium, sold according to its precious metal content and not form: Exempt
Numismatic coins or other forms of money with a fair market value greater than their face value: Exempt
Legal tender coins of the U.S. or foreign nations, manufactured from gold, silver, platinum, palladium or other metal, with a fair market value greater than their face value: Exempt
Platinum
Refined bars of elementary precious metal, including gold, silver, platinum, and palladium, sold according to its precious metal content and not form: Exempt
Numismatic coins or other forms of money with a fair market value greater than their face value: Exempt
Legal tender coins of the U.S. or foreign nations, manufactured from gold, silver, platinum, palladium or other metal, with a fair market value greater than their face value: Exempt
Palladium
Refined bars of elementary precious metal, including gold, silver, platinum, and palladium, sold according to its precious metal content and not form: Exempt
Numismatic coins or other forms of money with a fair market value greater than their face value: Exempt
Legal tender coins of the U.S. or foreign nations, manufactured from gold, silver, platinum, palladium or other metal, with a fair market value greater than their face value: Exempt
