North Dakota Precious Metals Tax
What Precious Metals Are Taxed in North Dakota?
Sales Tax on Precious Metals (Coins and Bars) in North Dakota
If you are buying or selling gold, silver, platinum, or palladium coins and bars in North Dakota, here is the most current information.
Does North Dakota Charge Sales Tax on Precious Metal Coins and Bars?
North Dakota exempts purchases of precious metals coins and bullion from state sales tax.
The exemption applies to:
Coins and bullion made of precious metals (such as gold and silver) that are recognized as monetary metals.
The exemption is based on the product being investment-grade and its value depending primarily on precious metal content.
Accessories, processed items, and products not meeting the definition of investment-grade bullion or monetary coins may still be taxable.
Capital Gains Tax on Precious Metals
As of 2025, North Dakota is considering legislation (HB 1379) to exempt capital gains from the sale of gold and silver from state taxable income. This would allow taxpayers to deduct gains on gold and silver sales reported on their federal tax returns from their North Dakota income.
As of June 2025, this measure has been supported in legislative testimony but confirm with the North Dakota Office of State Tax Commissioner for final enactment status.
Official Government Reference
North Dakota Legislative Testimony, House and Senate Finance and Taxation Committees (2025)
North Dakota Office of State Tax Commissioner
Summary Table: North Dakota Sales Tax on Precious Metals Coins and Bars
| Product Type | State Sales Tax Status | Notes |
|---|---|---|
| Investment-grade bullion/coins | Exempt | Value must be 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 Dakota may change without notice. This page provides general guidance only. Please consult the North Dakota Office of State Tax Commissioner 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 Dakota, qualifying products are tax-free at the state level. Always verify your specific products and stay updated with the North Dakota Office of State Tax Commissioner.
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.
