Maine Precious Metals Sales Tax
What Precious Metals Are Taxed in Maine?
Sales Tax on Precious Metals (Coins and Bars) in Maine
If you are buying or selling gold, silver, platinum, or palladium coins and bars in Maine, here is the most current information regarding sales tax.
Does Maine Charge Sales Tax on Precious Metal Coins and Bars?
As of June 2025, Maine still charges sales tax on precious metals coins and bullion.
However, the Maine Legislature is considering LD 372, a bill that would exempt gold and silver coins and bullion from state sales and use tax. If enacted, this exemption will take effect January 1, 2026.
Until LD 372 becomes law, sales of precious metals remain subject to Maine’s standard sales tax.
Official Government Resources
Summary Table: Maine Sales Tax on Precious Metals Coins and Bars
| Product Type | Sales Tax Status (2025) | Notes |
|---|---|---|
| Bullion coins and bars | Taxable | Exemption proposed for 2026 |
| Legal tender coins | Taxable | Exemption proposed for 2026 |
Disclaimer
Disclaimer: Sales tax laws and rates regarding precious metals coins and bars in Maine may change without notice. This page provides general guidance only. Please consult the Maine Department of Administrative and Financial Services 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 Maine, sales tax currently applies. Watch for updates on LD 372, which could make these transactions tax-free starting in 2026.
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.
