Pennsylvania Precious Metals Sales Tax
What Precious Metals Are Taxed in Pennsylvania?
Sales Tax on Precious Metals (Coins and Bars) in Pennsylvania
If you are buying or selling gold, silver, platinum, or palladium coins and bars in Pennsylvania, here is the most current information.
Does Pennsylvania Charge Sales Tax on Precious Metal Coins and Bars?
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Pennsylvania exempts investment-grade gold, silver, platinum, and palladium bullion and legal tender coins from state sales tax.
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The exemption applies to:
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Precious metal bullion valued solely on metal content.
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Coins that are or have been legal tender in the United States or any foreign country.
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Sales tax does apply to:
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Non-investment coins (not legal tender).
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Accessories (such as holders, tubes, or display cases).
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Processed items (jewelry, statues, colorized coins, or other items valued for more than metal content).
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The Pennsylvania state sales tax rate is 6%. Local taxes may apply, bringing the total rate up to 8% in some areas.
Official Government Reference
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Pennsylvania Department of Revenue: https://www.revenue.pa.gov
Summary Table: Pennsylvania Sales Tax on Precious Metals
| Product Type | State & Local Sales Tax | Notes |
|---|---|---|
| Investment-grade bullion/coins | Exempt | Gold, silver, platinum, palladium; legal tender |
| Non-investment coins, accessories | Taxable | Not legal tender or valued beyond metal |
| Jewelry, processed items | Taxable | Not covered by exemption |
Disclaimer
Disclaimer: Sales tax laws and rates regarding precious metals coins and bars in Pennsylvania may change without notice. This page provides general guidance only. Please consult the Pennsylvania 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 Pennsylvania, investment-grade bullion and legal tender coins are tax-free. Other products may be taxable. Always verify your specific products and stay updated with the Pennsylvania 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.
