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 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.
