Missouri Precious Metals Sales Tax
What Precious Metals Are Taxed in Missouri?
Sales Tax on Precious Metals (Coins and Bars) in Missouri
If you are buying or selling gold, silver, platinum, or palladium coins and bars in Missouri, here is the most current information regarding sales tax.
Does Missouri Charge Sales Tax on Precious Metal Coins and Bars?
Missouri exempts all purchases of bullion and investment coins from all state and local sales taxes.
This exemption covers:
Bullion: Gold, silver, platinum, or palladium in a bulk state, where value depends on metal content and with a purity of at least 900 parts per 1,000.
Investment coins: Numismatic coins or other forms of money and legal tender manufactured of gold, silver, platinum, or palladium, or other metals with a fair market value greater than the face value of the coins.
This exemption is established in current law and reaffirmed in recent legislation.
Recent Legislative Updates
Senate Bill 25 (2024):
Continues the exemption of all purchases of bullion and investment coins from all state and local sales taxes.
Additionally, as of 2025, Missouri exempts from state income tax the portion of capital gain on the sale or exchange of gold and silver specie that is included in the taxpayer’s federal adjusted gross income.
Summary Table: Missouri Sales Tax on Precious Metals Coins and Bars
| Product Type | State & Local Sales Tax | Notes |
|---|---|---|
| Bullion coins and bars | Exempt | Gold, silver, platinum, palladium, ≥.900 purity |
| Investment coins | Exempt | Numismatic and legal tender coins |
Disclaimer
Disclaimer: Sales tax laws and rates regarding precious metals coins and bars in Missouri may change without notice. This page provides general guidance only. Please consult the Missouri 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 Missouri, these transactions are tax-free at both the state and local levels. Always verify your specific products and stay updated with the Missouri 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.
