Vermont Precious Metals Sales Tax
What Precious Metals Are Taxed in Vermont?
Sales Tax on Precious Metals (Coins and Bars) in Vermont
If you are buying or selling gold, silver, platinum, or palladium coins and bars in Vermont, here is the most current information regarding sales tax.
Does Vermont Charge Sales Tax on Precious Metal Coins and Bars?
Vermont charges a 6% state sales tax on all precious metals purchases.
There are no exemptions: All forms of precious metals—including coins, bullion, rounds, numismatic items, tokens, and medallions—are taxable, regardless of whether they are investment-grade or legal tender.
Local taxes may also apply, so the total rate can exceed 6% in some areas.
Vermont Precious Metals Sales Tax Table
| Product Type | State Sales Tax | Local Tax Possible | Notes |
|---|---|---|---|
| Gold, silver, platinum, palladium coins & bullion | 6% | Yes | No exemptions; local taxes may increase total rate |
| Numismatic coins, tokens, medallions | 6% | Yes | No exemptions |
| Accessories, processed items | 6% | Yes | Holders, tubes, jewelry, colorized coins, etc. |
Recent Legislative Developments
Vermont legislators have introduced bills (such as House Bill 295) to eliminate the sales tax on gold and silver, but as of June 2025, these efforts have not succeeded and the tax remains in place.
Vermont is one of only four states (along with Maine, New Mexico, and Hawaii) that still fully tax precious metals purchases as of 2025.
Disclaimer
Disclaimer: Sales tax laws and rates regarding precious metals coins and bars in Vermont may change without notice. This page provides general guidance only. Please consult the Vermont Department of Taxes 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 Vermont, all such transactions are subject to at least 6% sales tax, with no exemptions for bullion or legal tender coins. Always verify your specific products and stay updated with the Vermont Department of Taxes.
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.
