Sales Tax Information
Last Updated: June 5, 2026
Yellow Rock Coin & Bullion collects sales tax where required by applicable state and local law. Sales tax rules for precious metals, bullion, coins, rounds, bars, numismatic products, accessories, and related items vary by state and may depend on product type, order amount, metal content, legal tender status, delivery address, or other factors.
Sales tax is calculated based on the shipping address provided at checkout. If sales tax applies to your order, it will be shown before payment is submitted.
The tax amount shown at checkout controls the order. The information on this page is provided as a general reference for customers and may not reflect every local tax rule, special district tax, product classification, exemption threshold, or recent legal change.
Why Sales Tax May Apply
In 2018, the United States Supreme Court decision in South Dakota v. Wayfair, Inc. allowed states to require certain out-of-state online sellers to collect and remit sales tax based on where an order is delivered. As a result, online precious metals dealers must follow different state and local sales tax rules across the United States.
Because these rules are not uniform, an item that is exempt in one state may be taxable in another. Some states exempt qualifying bullion entirely, some apply minimum order thresholds, some tax collectible or numismatic items differently than investment-grade bullion, and some impose tax on accessories or non-bullion products even when bullion itself is exempt.
Examples
Example 1:
A customer places an order for qualifying silver bullion and ships it to a state that exempts qualifying precious metals. In that case, sales tax may not be collected on the qualifying bullion portion of the order.
Example 2:
A customer places an order below a state exemption threshold. If that state only exempts precious metals above a certain purchase amount, sales tax may apply to the order.
Example 3:
A customer buys coin capsules, supplies, jewelry, display items, or other accessories. These products may be taxable even if bullion coins or bars are exempt in the same state.
Important Notes
- Sales tax is based on the shipping destination, not the customer’s billing address.
- State and local tax rules can change at any time.
- Local city, county, parish, district, or special tax rates may apply in addition to state tax.
- Certain products may be treated differently depending on purity, metal content, legal tender status, collectible value, or product category.
- Bullion, legal tender coins, collectible coins, graded coins, paper currency, jewelry, accessories, capsules, supplies, books, and display items may be treated differently for tax purposes.
- Minimum order thresholds may apply in certain states before an exemption is available.
- Yellow Rock may update tax collection settings as laws, processor rules, tax software rules, or marketplace requirements change.
- Customers are responsible for any tax obligations not collected at checkout, including use tax, reporting obligations, or tax treatment specific to their jurisdiction.
State-by-State Precious Metals Sales Tax Reference
This chart is provided as a general reference only and is modeled after the common bullion-industry format used by major precious metals dealers. It is not tax, legal, or accounting advice. Actual tax treatment is determined at checkout based on the shipping address, product type, order amount, current tax rules, tax software settings, and applicable state and local requirements.
Where the chart says “qualifying bullion,” the exemption may depend on the product meeting that state’s current requirements. Non-qualifying products may still be taxable.
| State | General Sales Tax Treatment for Bullion |
|---|---|
| Alabama | No sales tax on qualifying bullion. |
| Alaska | No statewide sales tax; local tax may apply in some jurisdictions. |
| Arizona | No sales tax on qualifying bullion. |
| Arkansas | 6.50% may apply to bullion. |
| California | 7.5% may apply to orders below $2,000. |
| Colorado | No sales tax on qualifying bullion. |
| Connecticut | 6.5% may apply to orders below $1,000. |
| Delaware | No statewide sales tax. |
| Florida | 6% may apply to orders below $500 unless the item qualifies as legal U.S. tender. |
| Georgia | No sales tax on qualifying bullion. |
| Hawaii | 4% may apply. |
| Idaho | No sales tax on qualifying bullion. |
| Illinois | No general sales tax on qualifying bullion; South African Krugerrands may be subject to 6.25%. |
| Indiana | 7% may apply; exemptions may apply for certain items. |
| Iowa | No sales tax on qualifying bullion. |
| Kansas | No sales tax on qualifying bullion. |
| Kentucky | No sales tax on qualifying bullion. |
| Louisiana | 4% may apply to orders below $1,000. |
| Maine | 5.50% may apply. |
| Maryland | 6% may apply. |
| Massachusetts | 6.25% may apply to orders below $1,000. |
| Michigan | No sales tax on qualifying bullion. |
| Minnesota | 6.88% may apply. |
| Mississippi | No sales tax on qualifying bullion. |
| Missouri | No sales tax on qualifying bullion. |
| Montana | No statewide sales tax. |
| Nebraska | No sales tax on qualifying bullion. |
| Nevada | 6.85% may apply. |
| New Hampshire | No statewide sales tax. |
| New Jersey | 6.625% may apply to orders below $1,000. |
| New Mexico | 5.13% may apply. |
| New York | 4% may apply to orders below $1,000. |
| North Carolina | No sales tax on qualifying bullion. |
| North Dakota | 5% may apply; 99.9% pure bullion may be exempt. |
| Ohio | No sales tax on qualifying bullion. |
| Oklahoma | No sales tax on qualifying bullion. |
| Oregon | No statewide sales tax. |
| Pennsylvania | No sales tax on qualifying bullion. |
| Rhode Island | No sales tax on qualifying bullion. |
| South Carolina | No sales tax on qualifying bullion. |
| South Dakota | No sales tax on qualifying bullion. |
| Tennessee | No sales tax on qualifying bullion. |
| Texas | No sales tax on qualifying bullion. |
| Utah | No sales tax on qualifying bullion. |
| Vermont | 6% may apply. |
| Virginia | 5.3% may apply to orders below $1,000. |
| Washington | No sales tax on qualifying bullion. |
| West Virginia | No sales tax on qualifying bullion. |
| Wisconsin | No sales tax on qualifying bullion. |
| Wyoming | No sales tax on qualifying bullion. |
Tax Exemption Certificates
If you are purchasing on behalf of a tax-exempt organization, reseller, dealer, or other exempt entity, you must provide valid exemption documentation before the order is processed. Yellow Rock may refuse to apply an exemption if the documentation is incomplete, expired, invalid, or not applicable to the products purchased.
Exemptions generally cannot be applied retroactively after an order has been completed unless required by law.
Tax Errors and Adjustments
If a sales tax calculation appears incorrect, customers should contact Yellow Rock before submitting payment. Yellow Rock reserves the right to correct tax calculations, collect additional tax, refund over-collected tax, cancel an order, or request additional documentation where required by law, tax software, marketplace rules, or payment processor requirements.
Questions
If you have questions about whether sales tax applies to a specific order, please contact Yellow Rock before submitting payment.
Yellow Rock Coin & Bullion LLC
Website: https://www.yellowrockcoin.com
Email: info@yellowrockcoin.com