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State Sales Tax Rules for Gold & Silver Bullion / Coins


Washington Oregon California Nevada Idaho Utah Arizona Montana Wyoming Colorado New Mexico Texas Oklahoma Louisiana Arkansas Kansas Nebraska South Dakota North Dakota Minnesota Iowa Missouri Wisconsin Michigan Illinois Indiana Kentucky Tennessee Mississippi Alabama Georgia Florida South Carolina North Carolina Virginia Ohio West Virginia Pennsylvania Maryland Maryland District of Columbia Delaware New Jersey New York Vermont New Hampshire Connecticut Massachusetts Rhode Island Maine Hawaii Alaska

States Where We Currently Collect Sales Tax*

BGASC is currently collecting sales tax on orders shipping to the following states. *Please note that in many of these states, Gold & Silver bullion coins and bars are sales tax exempt. Click on your state below to find out if your items will be taxed:



Buying Precious Metals Bullion & Coins in the USA from BGASC

Precious Metals such as Gold, Silver, and Platinum are exempt from sales tax in many states, however not all. Sales tax rates are calculated online during the checkout process based upon your order's Shipping Address. Refer to your state on this Sales Tax Information page so you will be prepared for any sales tax, if applicable. (If you ship your bullion and coins somewhere other than your home state, please make sure to refer to the sales tax rates for that location.)

When placing an order on the BGASC.com website, any applicable tax amount being collected will be displayed to you for review before you submit the order.



Why the Change in Tax Collection?

In short, a Supreme Court decision in June of 2018 triggered a chain reaction of new laws governing the collection of sales tax on orders shipped to you from out-of-state retailers.

Prior to the aforementioned Supreme Court decision, we were only required to collect state sales tax on orders shipping within the same state that we have a physical presence in (California). This was because back in 1992, the Supreme Court of the United States set a precedent for how individual states would deal with online retailers in the case of Quill Corp v. North Dakota ("Quill"). The court ruled in favor of Quill Corp, ruling that the company did not need to collect tax on sales in North Dakota as they had no physical presence within the state.

Flash forward to June 21, 2018, the day that the Supreme Court of the United States announced a new decision in the South Dakota v. Wayfair Inc. case. South Dakota argued that it was losing out on local sales taxes because consumers were spending more money shopping online than in brick-and-mortar stores. SCOTUS decided that economic activity in a state (aka "economic nexus") can now trigger a sales tax collection obligation. South Dakota blazed the trail, and other states have followed close behind.

Now, online retailers are being forced to adapt to the varying state sales tax rules and regulations across the United States. For precious metals dealers this is exceptionally complex as there are special rules and regulations governing the collection of sales tax on precious metals bullion. At BGASC, we are working to make this transition easy, especially as we begin enforcing the tax laws of an increasing number of states. We hope our state sales tax map and information pages will help our customers understand how sales tax is collected for orders placed with BGASC. If you have specific questions, you may want to contact your tax professional.



Will I be required to pay Sales Tax on Precious Metals?

You may be required to pay Sales Tax on Precious Metals depending on which state your order is shipping to. Precious Metals are exempt from sales tax in many states, however each state within the U.S. has their own rules and regulations when it comes to collecting sales tax on precious metals.

At BGASC, we encourage you to refer to your Shipping Address State on this Sales Tax Information page before you buy so you know exactly what you will be charged on your purchase. We strive to offer transparent pricing across our site and these sales tax charges are no different. Our goal is to clear up any potential confusion so you have a better idea of how much you will be spending on your favorite Precious Metal items. Remember to check the state where your order will be shipped, not necessarily the state where you live.

When you are ordering on the BGASC.com website, any applicable tax amount being collected will be displayed to you for review after you have entered your shipping address, before you place the order.

ALABAMA

BGASC is required to collect tax on some items shipping to Alabama, however sales tax will not be charged for Gold, Silver, Platinum, or Palladium bullion items as they are exempt from sales tax when shipping to an Alabama address. The state of Alabama requires the collection of a flat-rate Simplified Sellers Use Tax of 8% on certain products sold by BGASC and delivered to an Alabama address. These taxes must be collected on Copper products, certain bullion items less than .90 fine, certain numismatic products, accessory items and processed items. All other products sold by BGASC are exempt from these taxes. Read More

ALASKA

BGASC currently does not collect sales tax on orders shipping to Alaska. There is currently no statewide sales tax in effect in the state of Alaska, therefore we are not required to collect sales tax on any products shipping to an address in Alaska. Read More

ARIZONA

BGASC currently does not collect sales tax on orders shipping to Arizona. Read More

ARKANSAS

BGASC currently does not collect sales tax on orders shipping to Arkansas. Read More

CALIFORNIA

BGASC is required to collect tax on some items shipping to California, however sales tax will not be charged for monetized Gold, Silver, Platinum, or Palladium bullion, nonmonetized gold or silver bullion, or numismatic coins if the total amount of a single sales transaction for these items is $1,500 or more as qualifying purchases are exempt from sales tax when shipping to a California address. The State of California requires the collection of use taxes on certain products sold by BGASC and delivered to a California address. These taxes must be collected on nonmonetized bullion made from copper, platinum, or palladium; monetized bullion, nonmonetized gold or silver bullion, or numismatic coins if the total amount of a single sales transaction is less than $1,500; accessory items; and processed items. All other products sold by BGASC are exempt from these taxes. Read More

COLORADO

BGASC is required to collect tax on some items shipping to Colorado, however sales tax will not be charged for Gold, Silver, Platinum, or Palladium bullion items as they are exempt from sales tax when shipping to a Colorado address. The state of Colorado requires the collection of taxes on certain products sold by BGASC and delivered to a Colorado address. These taxes must be collected on Copper products, certain numismatic products, accessory items and processed items. All other products sold by BGASC are exempt from these taxes. Read More

CONNECTICUT

BGASC is required to collect tax on some items shipping to Connecticut, however sales tax will not be charged for Rare or Antique coins, Gold or Silver bullion and Gold or Silver legal tender of any nation, traded according to its value as precious metal, if the total amount of a single sales transaction for these items is $1,000 or more as qualifying purchases are exempt from sales tax when shipping to a Connecticut address. The state of Connecticut requires the collection of taxes on certain products sold by BGASC and delivered to a Connecticut address. These taxes must be collected on Platinum products, Palladium products, Copper products, certain numismatic products, accessory items, processed items and any single transaction comprised of Gold and/or Silver totaling less than $1,000. All other products sold by BGASC are exempt from these taxes. Read More

DELAWARE

BGASC currently does not collect sales tax on orders shipping to Delaware. There is currently no statewide sales tax in effect in the state of Delaware, therefore we are not required to collect sales tax on any products shipping to an address in Delaware. Read More

DISTRICT OF COLUMBIA

The District of Columbia requires BGASC to collect sales taxes on all products sold by BGASC and delivered to a District of Columbia address. Read More

FLORIDA

BGASC currently does not collect sales tax on orders shipping to Florida. Read More

GEORGIA

BGASC is required to collect tax on some items shipping to Georgia, however sales tax will not be charged for Gold, Silver, or Platinum bullion items as they are exempt from sales tax when shipping to a Georgia address. The state of Georgia requires the collection of sales taxes on certain products sold by BGASC and delivered to a Georgia address. These taxes must be collected on Palladium products, Copper products, certain currency, accessory items and processed items. All other products sold by BGASC are exempt from these taxes. Read More

HAWAII

The state of Hawaii requires BGASC to collect general excise taxes on all products sold by BGASC and delivered to a Hawaii address. Read More

IDAHO

BGASC currently does not collect sales tax on orders shipping to Idaho. Read More

ILLINOIS

BGASC is required to collect tax on some items shipping to Illinois, however sales tax will not be charged for most Gold, Silver, or Platinum bullion items as they are exempt from sales tax when shipping to an Illinois address. The state of Illinois requires the collection of taxes on certain products sold by BGASC and delivered to an Illinois address. These taxes must be collected on certain Palladium products, Copper products, any bullion less than .980 fine, accessory items and processed items. Read More

INDIANA

BGASC is required to collect tax on some items shipping to Indiana, however sales tax will not be charged for any U.S. Legal Tender coins, and most Gold (.995+up), Silver (.999+up), Plat (.9995+up), Pallad (.9995+up) bullion items as they are exempt from sales tax when shipping to an Indiana address. The state of Indiana requires the collection of sales taxes on certain products sold by BGASC and delivered to an Indiana address. These taxes must be collected on Copper products, any non-U.S. Legal Tender Gold products with a purity less than .995 fine, any Silver products with a purity less than .999 fine, any Platinum products with a purity less than .9995 fine, any Palladium products with a purity less than .9995 fine, numismatic products, accessory items and processed items. Read More

IOWA

BGASC is required to collect tax on some items shipping to Iowa, however sales tax will not be charged for Gold, Silver, Platinum, Palladium Bullion items, or legal tender coins as they are exempt from sales tax when shipping to an Iowa address. The state of Iowa requires the collection of sales taxes on certain products sold by BGASC and delivered to an Iowa address. These taxes must be collected on Copper products, certain currency, accessory items and processed items. Read More

KANSAS

BGASC currently does not collect sales tax on orders shipping to Kansas. Read More

KENTUCKY

The state of Kentucky requires BGASC to collect taxes on all products sold by BGASC and delivered to a Kentucky address. Read More

LOUISIANA

BGASC is required to collect tax on some items shipping to Louisiana, however sales tax will not be charged for Gold, Silver, or Platinum bullion items or numismatic coins priced under $1,000 as they are exempt from sales tax when shipping to a Louisiana address. The state of Louisiana requires the collection of sales taxes on certain products sold by BGASC and delivered to a Louisiana address. These taxes must be collected on Palladium products, Copper products, numismatic coins that have a sales price of more than $1,000, accessory items and processed items. All other products sold by BGASC are exempt from these taxes. Read More

MAINE

The state of Maine requires BGASC to collect sales taxes on all products sold by BGASC and delivered to a Maine address. Read More

MARYLAND

BGASC is required to collect tax on some items shipping to Maryland, however sales tax will not be charged for Gold, Silver, Platinum, or Palladium bullion items if the total amount of a single sales transaction for these items is $1,000 or more as qualifying purchases are exempt from sales tax when shipping to a Maryland address. The state of Maryland requires the collection of sales taxes on certain products sold by BGASC and delivered to a Maryland address. These taxes must be collected on Copper products; any single transaction of Gold, Silver, Platinum or Palladium less than $1,000; numismatic coins less than $1,000; coins that are not or have not been used as mediums of exchange of the United States or any foreign country; accessory items; and processed items. All other products sold by BGASC are exempt from these taxes. Read More

MASSACHUSETTS

BGASC is required to collect tax on some items shipping to Massachusetts, however sales tax will not be charged for Gold or silver bullion or coins, rare coins of numismatic value, or gold or silver tender of any nation traded and sold according to its value as precious metal, if the total amount of a single sales transaction for these items is $1,000 or more as qualifying purchases are exempt from sales tax when shipping to a Massachusetts address. The state of Massachusetts requires the collection of taxes on certain products sold by BGASC and delivered to a Massachusetts address. These taxes must be collected on Copper products, Platinum bullion products, Palladium bullion products, any single transaction less than $1,000, accessory items and processed items. All other products sold by BGASC are exempt from these taxes. Read More

MICHIGAN

BGASC is required to collect tax on some items shipping to Michigan, however sales tax will not be charged for Gold, Silver, or Platinum investment coins and bullion items as they are exempt from sales tax when shipping to a Michigan address. The state of Michigan requires the collection of sales taxes on certain products sold by BGASC and delivered to a Michigan address. These taxes must be collected on Copper products, certain bullion items less than .90 fine, certain Palladium products, accessory items and processed items. All other products sold by BGASC are exempt from these taxes. Read More

MINNESOTA

BGASC currently does not ship to the state of Minnesota. Read More

MISSISSIPPI

The state of Mississippi requires BGASC to collect taxes on all products sold by BGASC and delivered to a Mississippi address. Read More

MISSOURI

BGASC currently does not collect sales tax on orders shipping to Missouri. Read More

MONTANA

BGASC currently does not collect sales tax on orders shipping to Montana. There is currently no statewide sales tax in effect in the state of Montana, therefore we are not required to collect sales tax on any products shipping to an address in Montana. Read More

NEBRASKA

BGASC is required to collect tax on some items shipping to Nebraska, however sales tax will not be charged for Gold, Silver, Platinum or Palladium bullion items as they are exempt from sales tax when shipping to a Nebraska address. The state of Nebraska requires the collection of sales taxes on certain products sold by BGASC and delivered to a Nebraska address. These taxes must be collected on Copper products, certain currency, accessory items and processed items. Read More

NEVADA

BGASC is required to collect tax on some items shipping to Nevada, however sales tax will not be charged for bullion or coins used as a medium of exchange as they are exempt from sales tax when shipping to a Nevada address. The state of Nevada requires the collection of sales taxes on certain products sold by BGASC and delivered to a Nevada address. These taxes must be collected on Copper products, coins not used as mediums of exchange, bullion not used as a medium of exchange, accessory items and processed items. All other products sold by BGASC are exempt from these taxes. Read More

NEW HAMPSHIRE

BGASC currently does not collect sales tax on orders shipping to New Hampshire. There is currently no statewide sales tax in effect in the state of New Hampshire, therefore we are not required to collect sales tax on any products shipping to an address in New Hampshire. Read More

NEW JERSEY

The state of New Jersey requires BGASC to collect sales taxes on all products sold by BGASC and delivered to a New Jersey address. Read More

NEW MEXICO

BGASC currently does not collect sales tax on orders shipping to New Mexico. Read More

NEW YORK

BGASC is required to collect tax on some items shipping to New York, however sales tax will not be charged for Gold, Silver, Platinum, or Palladium bullion items if the total amount of a single sales transaction for these items is $1,000 or more and certain sales price requirements are met as qualifying purchases are exempt from sales tax when shipping to a New York address. The state of New York requires the collection of sales taxes on certain products sold by BGASC and delivered to a New York address. These taxes must be collected on Copper products, accessory items and processed items. Products with Precious Metal content will be charged sales tax if the aggregate amount of the invoices for Precious Metals is less than or equal to $1,000. Products with Precious Metals content may be charged sales tax if the aggregate amount of the invoice is greater than $1,000 and one of the following is true: Read More

NORTH CAROLINA

BGASC is required to collect tax on some items shipping to North Carolina, however sales tax will not be charged for Gold, Silver, Platinum, or Palladium bullion items as they are exempt from sales tax when shipping to a North Carolina address. The state of North Carolina requires the collection of sales taxes on certain products sold by BGASC and delivered to a North Carolina address. These taxes must be collected on Copper products, accessory items and processed items. All other products sold by BGASC are exempt from these taxes. Read More

NORTH DAKOTA

BGASC is required to collect tax on some items shipping to North Dakota, however sales tax will not be charged for Legal Tender coins nor .999 fine Gold, Silver, Platinum, or Palladium bullion items as they are exempt from sales tax when shipping to a North Dakota address. The state of North Dakota requires the collection of sales taxes on certain products sold by BGASC and delivered to a North Dakota address. These taxes must be collected on Copper products, Precious Metal bullion that does not meet certain purity requirements, accessory items and processed items. All other products sold by BGASC are exempt from these taxes. Read More

OHIO

BGASC currently does not collect sales tax on orders shipping to Ohio. Read More

OKLAHOMA

BGASC is required to collect tax on some items shipping to Oklahoma, however sales tax will not be charged for Gold, Silver, Platinum, or Palladium bullion items or any Legal Tender Coins used as a medium of exchange in the United States or any foreign country as they are exempt from sales tax when shipping to an Oklahoma address. The state of Oklahoma requires the collection of sales taxes on certain products sold by BGASC and delivered to an Oklahoma address. These taxes must be collected on Copper products, accessory items and processed items. All other products sold by BGASC are exempt from these taxes. Read More

OREGON

BGASC currently does not collect sales tax on orders shipping to Oregon. There is currently no statewide sales tax in effect in the state of Oregon, therefore we are not required to collect sales tax on any products shipping to an address in Oregon. Read More

PENNSYLVANIA

BGASC is required to collect tax on some items shipping to Pennsylvania, however sales tax will not be charged for Gold, Silver, Platinum, or Palladium bullion items or any Legal Tender Coins used as a medium of exchange in the United States or any foreign country as they are exempt from sales tax when shipping to a Pennsylvania address. The state of Pennsylvania requires the collection of sales taxes on certain products sold by BGASC and delivered to a Pennsylvania address. These taxes must be collected on Copper products, coins that are not currently or were not previously used as legal tender in the United States or any foreign country, accessory items and processed items. All other products sold by BGASC are exempt from these taxes. Read More

RHODE ISLAND

BGASC is required to collect tax on some items shipping to Rhode Island, however sales tax will not be charged for Gold, Silver, Platinum, or Palladium bullion items as they are exempt from sales tax when shipping to a Rhode Island address. The state of Rhode Island requires the collection of sales taxes on certain products sold by BGASC and delivered to a Rhode Island address. These taxes must be collected on Copper products, accessory items and processed items. All other products sold by BGASC are exempt from these taxes. Read More

SOUTH CAROLINA

BGASC is required to collect tax on some items shipping to South Carolina, however sales tax will not be charged for Gold, Silver, Platinum, or Palladium bullion items as they are exempt from sales tax when shipping to a South Carolina address. The state of South Carolina requires the collection of sales taxes on certain products sold by BGASC and delivered to a South Carolina address. These taxes must be collected on Copper products, Palladium products, numismatic products except those currently or previously used as legal tender, accessory items and processed items. All other products sold by BGASC are exempt from these taxes. Read More

SOUTH DAKOTA

BGASC is required to collect tax on some items shipping to South Dakota, however sales tax will not be charged for Gold, Silver, Platinum, or Palladium bullion items as they are exempt from sales tax when shipping to a South Dakota address. The state of South Dakota requires the collection of sales taxes on certain products sold by BGASC and delivered to a South Dakota address. These taxes must be collected on Copper products, certain numismatic products, coins not issued as legal tender, accessory items and processed items. All other products sold by BGASC are exempt from these taxes. Read More

TENNESSEE

BGASC currently does not collect sales tax on orders shipping to Tennessee. Read More

TEXAS

BGASC is required to collect tax on some items shipping to Texas, however sales tax will not be charged for Gold or Silver coins, bars or rounds as well as Platinum bars or rounds as they are exempt from sales tax when shipping to a Texas address. The State of Texas requires the collection of sales taxes on certain products sold by BGASC and delivered to a Texas address. These taxes must be collected on (1) copper and palladium bullion products; (2) copper, palladium, and platinum coin products; (3) accessory items; and (4) processed items. All other products sold by BGASC are exempt from these taxes. Read More

UTAH

BGASC is required to collect tax on some items shipping to Utah, however sales tax will not be charged for Gold, Silver, or Platinum bullion items we sell as they are exempt from sales tax when shipping to a Utah address. The state of Utah requires the collection of sales taxes on certain products sold by BGASC and delivered to a Utah address. These taxes must be collected on any coins that do not constitute legal tender of any state, the United States, or any foreign country; Copper products; Palladium products; any bullion products made of Gold, Silver or Platinum if the Gold, Silver or Platinum content is less than 50%; accessory items and processed items. All other products sold by BGASC are exempt from these taxes. Read More

VERMONT

The state of Vermont requires BGASC to collect sales taxes on all products sold by BGASC and delivered to a Vermont address. Read More

VIRGINIA

BGASC currently does not collect sales tax on orders shipping to Virginia. Read More

WASHINGTON

BGASC is required to collect tax on some items shipping to Washington, however sales tax will not be charged for Gold, Silver, Platinum, or Palladium bullion items as they are exempt from sales tax when shipping to a Washington address. The state of Washington requires the collection of sales taxes on certain products sold by BGASC and delivered to a Washington address. These taxes must be collected on Copper products, numismatic products, accessory items and processed items. All other products sold by BGASC are exempt from these taxes. Read More

WEST VIRGINIA

The state of West Virginia requires BGASC to collect sales taxes on all products sold by BGASC and delivered to a West Virginia address. Read More

WISCONSIN

The State of Wisconsin requires BGASC to collect sales taxes on all products sold by BGASC and delivered to a Wisconsin address. Read More

WYOMING

BGASC is required to collect tax on some items shipping to Wyoming, however sales tax will not be charged for Gold or Silver bullion items we sell as they are exempt from sales tax when shipping to a Wyoming address. The state of Wyoming requires the collection of sales taxes on certain products sold by BGASC and delivered to a Wyoming address. These taxes must be collected on any coins that have Gold or Silver content but are not recognized as mediums of exchange for the payment of debts and taxes; any coins or bullion made of Platinum, Palladium or Copper; any bullion products made of Gold or Silver if such bullion is not stamped or imprinted with its weight and purity; accessory items; and processed items. All other products sold by BGASC are exempt from these taxes. Read More





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