Kentucky Precious Metals Sales Tax
What Precious Metals Are Taxed in Kentucky?
Sales Tax on Precious Metals (Coins and Bars) in Kentucky
If you are buying or selling gold, silver, platinum, or palladium coins and bars in Kentucky, here is the most current information regarding sales tax.
Does Kentucky Charge Sales Tax on Precious Metal Coins and Bars?
Kentucky does NOT charge sales tax on precious metal coins, bullion, or collectible currency.
This exemption applies to sales of gold, silver, platinum, and palladium coins, bars, rounds, and collectible currency.
The exemption is retroactive to August 1, 2024, and was enacted by the Kentucky Legislature in 2025.
If you paid sales tax on these items in Kentucky since August 1, 2024, you are eligible for a refund.
How to Claim a Refund
Taxpayers who paid sales tax on precious metals or collectible currency since August 1, 2024, can claim a refund.
Instructions and forms for requesting a refund are available from the Kentucky Department of Revenue.
Official Government Resource
Summary Table: Kentucky Sales Tax on Precious Metals Coins and Bars
Product Type | Sales Tax Status | Notes |
---|---|---|
Bullion coins and bars | Exempt | Retroactive to August 1, 2024 |
Legal tender coins/currency | Exempt | Retroactive to August 1, 2024 |
Disclaimer
Disclaimer: Sales tax laws and rates regarding precious metals coins and bars in Kentucky may change without notice. This page provides general guidance only. Please consult the Kentucky Department of Revenue or a qualified tax professional for the most current and accurate information before making any precious metals transactions.
If you want to buy or sell precious metal coins and bars in Kentucky, your transactions are tax-free, and refunds are available for taxes paid since August 1, 2024. Always verify your specific products and stay updated with the Kentucky Department of Revenue.
Sales tax is assessed according to where one is shipping the purchase to.
Safe Haven Metal uses an advanced sales tax computation system to calculate the correct precious metals’ sales tax applicable to your zip code. Making your purchase the best price with the most accurate tax automatically calculated for you. Now all you need to do is figure out which precious metals you are going to buy next with Safe Haven Metal.