You can buy duty-free gold and silver on Bullion Exchanges online if you place an order in Alaska, Delaware, New Hampshire, Montana and Oregon. Check the status of your shipping address below to find out if you will have to pay sales tax on your order. Precious metals are exempt from sales tax in many states, however, every state in the U.S. Department of Commerce has its own rules and regulations when it comes to collecting sales tax on precious metals.
To date, 41 states have eliminated sales taxes on gold and silver bars. The only states that still live taxes on the sale of precious metal ingots are Vermont, New Jersey, Maine, Tennessee, Kentucky, Wisconsin, New Mexico, Mississippi and Hawaii. The District of Columbia also taxes physical purchases of gold and silver. Texas is one of many states that does not tax the sale of numismatic coins or gold, silver or platinum bars.
That means buyers don't have to pay tax if precious metals are purchased from a Texas precious metals dealer, either over the Internet or over the phone, and aren't sent to a state that has a sales tax. In this situation, sales tax is not applicable, since precious metals did not leave the state of Texas. The nine states that continue to tax gold and silver purchases include Vermont, New Jersey, Maine, Tennessee, Kentucky, Wisconsin, New Mexico, Mississippi and Hawaii; the District of Columbia also taxes physical purchases of gold and silver. These taxes must be levied on any currency that contains gold or silver but is not recognized as a means of exchange for the payment of debts and taxes; any coin or bar made of platinum, palladium or copper; any bullion product made of gold or silver if such bullion is not stamped or printed to its weight and purity, accessories and processed products.
The united states Gold Office, Directors and Representatives do not guarantee to customers that they will make a profit or guarantee that losses will not be incurred as a result of following their coin collection recommendations or settlement of coins purchased from the United States Gold Office.
