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 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.
