Gold & Silver Sales Tax by State (2026 Guide)

Illustration: a US map outline with a gold coin and a percent symbol

The short version

There is no federal sales tax on gold or silver — it is decided state by state. Most states now fully exempt investment-grade bullion, a few exempt it only above a dollar threshold, and a small number tax it outright. Five states have no statewide sales tax at all. Find your state below, then verify the current rule with its revenue department before a big buy.

We track each state’s treatment of bullion and coins. Pick your state for the specifics — what’s exempt, any threshold, the base rate, and where to confirm it. This is the buying side; the tax on selling (capital gains) is federal and separate.

Sales tax on bullion, state by state

Bullion sales tax by state (2026)
State Status Exemption threshold
Alabama Exempt — no sales tax on bullion
Alaska No statewide sales tax at all
Arizona Exempt — no sales tax on bullion
Arkansas Exempt — no sales tax on bullion
California Partial — exempt above a purchase threshold $1,500+
Colorado Exempt — no sales tax on bullion
Connecticut Partial — exempt above a purchase threshold $1,000+
Delaware No statewide sales tax at all
District of Columbia Taxable — sales tax applies to bullion n/a
Florida Exempt — no sales tax on bullion
Georgia Exempt — no sales tax on bullion
Hawaii Taxable — sales tax applies to bullion n/a
Idaho Exempt — no sales tax on bullion
Illinois Exempt — no sales tax on bullion
Indiana Exempt — no sales tax on bullion
Iowa Exempt — no sales tax on bullion
Kansas Exempt — no sales tax on bullion
Kentucky Exempt — no sales tax on bullion
Louisiana Exempt — no sales tax on bullion
Maine Taxable — sales tax applies to bullion n/a
Maryland Taxable — sales tax applies to bullion n/a
Massachusetts Partial — exempt above a purchase threshold $1,000+
Michigan Exempt — no sales tax on bullion
Minnesota Exempt — no sales tax on bullion
Mississippi Exempt — no sales tax on bullion
Missouri Exempt — no sales tax on bullion
Montana No statewide sales tax at all
Nebraska Exempt — no sales tax on bullion
Nevada Exempt — no sales tax on bullion
New Hampshire No statewide sales tax at all
New Jersey Exempt — no sales tax on bullion
New Mexico Taxable — sales tax applies to bullion n/a
New York Partial — exempt above a purchase threshold $1,000+
North Carolina Exempt — no sales tax on bullion
North Dakota Exempt — no sales tax on bullion
Ohio Exempt — no sales tax on bullion
Oklahoma Exempt — no sales tax on bullion
Oregon No statewide sales tax at all
Pennsylvania Exempt — no sales tax on bullion
Rhode Island Exempt — no sales tax on bullion
South Carolina Exempt — no sales tax on bullion
South Dakota Exempt — no sales tax on bullion
Tennessee Exempt — no sales tax on bullion
Texas Exempt — no sales tax on bullion
Utah Exempt — no sales tax on bullion
Vermont Taxable — sales tax applies to bullion n/a
Virginia Partial — exempt above a purchase threshold $1,000+
Washington Taxable — sales tax applies to bullion n/a
West Virginia Exempt — no sales tax on bullion
Wisconsin Exempt — no sales tax on bullion
Wyoming Exempt — no sales tax on bullion

How to read this

Exempt = no sales tax on qualifying bullion. Partial = exempt only above the listed transaction threshold. Taxable = sales tax applies. Recent changes worth noting: Washington began taxing bullion in 2026, Maryland in 2025, and Virginia’s exemption is set to sunset in 2026 — always confirm with your state’s revenue department. None of this is tax advice.

Explore the guides in this series

51 in-depth guides

01

Alabama Sales Tax on Gold & Silver

Alabama exempts investment gold and silver bullion from sales tax.

Read the guide
02

Alaska Sales Tax on Gold & Silver

Alaska has no statewide sales tax, so bullion isn't taxed.

Read the guide
03

Arizona Sales Tax on Gold & Silver

Arizona exempts investment gold and silver bullion from sales tax.

Read the guide
04

Arkansas Sales Tax on Gold & Silver

Arkansas exempts investment gold and silver bullion from sales tax.

Read the guide
05

California Sales Tax on Gold & Silver

California exempts bullion on orders above $1,500; smaller purchases are taxed.

Read the guide
06

Colorado Sales Tax on Gold & Silver

Colorado exempts investment gold and silver bullion from sales tax.

Read the guide
07

Connecticut Sales Tax on Gold & Silver

Connecticut exempts bullion on orders above $1,000; smaller purchases are taxed.

Read the guide
08

Delaware Sales Tax on Gold & Silver

Delaware has no statewide sales tax, so bullion isn't taxed.

Read the guide
09

District of Columbia Sales Tax on Gold & Silver

District of Columbia charges state sales tax on gold and silver bullion.

Read the guide
10

Florida Sales Tax on Gold & Silver

Florida exempts investment gold and silver bullion from sales tax.

Read the guide
11

Georgia Sales Tax on Gold & Silver

Georgia exempts investment gold and silver bullion from sales tax.

Read the guide
12

Hawaii Sales Tax on Gold & Silver

Hawaii charges state sales tax on gold and silver bullion.

Read the guide
13

Idaho Sales Tax on Gold & Silver

Idaho exempts investment gold and silver bullion from sales tax.

Read the guide
14

Illinois Sales Tax on Gold & Silver

Illinois exempts investment gold and silver bullion from sales tax.

Read the guide
15

Indiana Sales Tax on Gold & Silver

Indiana exempts investment gold and silver bullion from sales tax.

Read the guide
16

Iowa Sales Tax on Gold & Silver

Iowa exempts investment gold and silver bullion from sales tax.

Read the guide
17

Kansas Sales Tax on Gold & Silver

Kansas exempts investment gold and silver bullion from sales tax.

Read the guide
18

Kentucky Sales Tax on Gold & Silver

Kentucky exempts investment gold and silver bullion from sales tax.

Read the guide
19

Louisiana Sales Tax on Gold & Silver

Louisiana exempts investment gold and silver bullion from sales tax.

Read the guide
20

Maine Sales Tax on Gold & Silver

Maine charges state sales tax on gold and silver bullion.

Read the guide
21

Maryland Sales Tax on Gold & Silver

Maryland charges state sales tax on gold and silver bullion.

Read the guide
22

Massachusetts Sales Tax on Gold & Silver

Massachusetts exempts bullion on orders above $1,000; smaller purchases are taxed.

Read the guide
23

Michigan Sales Tax on Gold & Silver

Michigan exempts investment gold and silver bullion from sales tax.

Read the guide
24

Minnesota Sales Tax on Gold & Silver

Minnesota exempts investment gold and silver bullion from sales tax.

Read the guide
25

Mississippi Sales Tax on Gold & Silver

Mississippi exempts investment gold and silver bullion from sales tax.

Read the guide
26

Missouri Sales Tax on Gold & Silver

Missouri exempts investment gold and silver bullion from sales tax.

Read the guide
27

Montana Sales Tax on Gold & Silver

Montana has no statewide sales tax, so bullion isn't taxed.

Read the guide
28

Nebraska Sales Tax on Gold & Silver

Nebraska exempts investment gold and silver bullion from sales tax.

Read the guide
29

Nevada Sales Tax on Gold & Silver

Nevada exempts investment gold and silver bullion from sales tax.

Read the guide
30

New Hampshire Sales Tax on Gold & Silver

New Hampshire has no statewide sales tax, so bullion isn't taxed.

Read the guide
31

New Jersey Sales Tax on Gold & Silver

New Jersey exempts investment gold and silver bullion from sales tax.

Read the guide
32

New Mexico Sales Tax on Gold & Silver

New Mexico charges state sales tax on gold and silver bullion.

Read the guide
33

New York Sales Tax on Gold & Silver

New York exempts bullion on orders above $1,000; smaller purchases are taxed.

Read the guide
34

North Carolina Sales Tax on Gold & Silver

North Carolina exempts investment gold and silver bullion from sales tax.

Read the guide
35

North Dakota Sales Tax on Gold & Silver

North Dakota exempts investment gold and silver bullion from sales tax.

Read the guide
36

Ohio Sales Tax on Gold & Silver

Ohio exempts investment gold and silver bullion from sales tax.

Read the guide
37

Oklahoma Sales Tax on Gold & Silver

Oklahoma exempts investment gold and silver bullion from sales tax.

Read the guide
38

Oregon Sales Tax on Gold & Silver

Oregon has no statewide sales tax, so bullion isn't taxed.

Read the guide
39

Pennsylvania Sales Tax on Gold & Silver

Pennsylvania exempts investment gold and silver bullion from sales tax.

Read the guide
40

Rhode Island Sales Tax on Gold & Silver

Rhode Island exempts investment gold and silver bullion from sales tax.

Read the guide
41

South Carolina Sales Tax on Gold & Silver

South Carolina exempts investment gold and silver bullion from sales tax.

Read the guide
42

South Dakota Sales Tax on Gold & Silver

South Dakota exempts investment gold and silver bullion from sales tax.

Read the guide
43

Tennessee Sales Tax on Gold & Silver

Tennessee exempts investment gold and silver bullion from sales tax.

Read the guide
44

Texas Sales Tax on Gold & Silver

Texas exempts investment gold and silver bullion from sales tax.

Read the guide
45

Utah Sales Tax on Gold & Silver

Utah exempts investment gold and silver bullion from sales tax.

Read the guide
46

Vermont Sales Tax on Gold & Silver

Vermont charges state sales tax on gold and silver bullion.

Read the guide
47

Virginia Sales Tax on Gold & Silver

Virginia exempts bullion on orders above $1,000; smaller purchases are taxed.

Read the guide
48

Washington Sales Tax on Gold & Silver

Washington charges state sales tax on gold and silver bullion.

Read the guide
49

West Virginia Sales Tax on Gold & Silver

West Virginia exempts investment gold and silver bullion from sales tax.

Read the guide
50

Wisconsin Sales Tax on Gold & Silver

Wisconsin exempts investment gold and silver bullion from sales tax.

Read the guide
51

Wyoming Sales Tax on Gold & Silver

Wyoming exempts investment gold and silver bullion from sales tax.

Read the guide