North Carolina Precious Metals Sales Tax
What Precious Metals Are Taxed in North Carolina?
Sales Tax on Precious Metals (Coins and Bars) in North Carolina
If you are buying or selling gold, silver, platinum, or palladium coins and bars in North Carolina, here is the most current information.
Does North Carolina Charge Sales Tax on Precious Metal Coins and Bars?
North Carolina exempts gold and silver bullion products from sales tax if the value is primarily determined by metal content rather than form.
Effective January 1, 2025, this exemption also applies to coins, leaf, foil, and other forms where value is based on metal content.
The exemption covers both state and local sales taxes.
Investment-grade precious metals such as gold, silver, platinum, and palladium bullion and coins are included in this exemption.
Accessories, processed items, and non-investment grade products may still be taxable.
This exemption was originally established in July 2017 and expanded for 2025.
Official Government Reference
North Carolina Department of Revenue:
Important Notice: Investment Coins, Investment Metal Bullion, and Non-Coin Currency Sales and Use Tax
Summary Table: North Carolina Sales Tax on Precious Metals Coins and Bars (2025)
| Product Type | Sales Tax Status | Notes |
|---|---|---|
| Gold/silver bullion | Exempt | Value must be based on metal content |
| Coins, leaf, foil, etc. | Exempt | Applies if value is based on metal content |
| Accessories/processed items | Taxable | Not covered by exemption |
Disclaimer
Disclaimer: Sales tax laws and rates regarding precious metals coins and bars in North Carolina may change without notice. This page provides general guidance only. Please consult the North Carolina 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 North Carolina, qualifying products are tax-free at both the state and local levels as of January 1, 2025. Always verify your specific products and stay updated with the North Carolina Department of Revenue.
Sales tax is assessed according to where one is shipping the purchase to.
Safe Haven Metal utilizes an advanced sales tax computation system to determine the applicable sales tax on precious metals transactions based on the purchaser’s ZIP code. This system is designed to ensure that the most accurate pricing and corresponding tax calculations are applied to each order.
However, Safe Haven Metal may not have an established economic nexus in every state or jurisdiction. In instances where Safe Haven Metal is not obligated to collect sales tax, and such tax is nonetheless applicable under state or local law, the purchaser is solely responsible for reporting, remitting, and paying any such taxes directly to the appropriate taxing authority.
Safe Haven Metal disclaims any liability for a purchaser’s failure to properly report or remit taxes that may be due in connection with their purchase.
