Wyoming Precious Metals Sales Tax
What Precious Metals Are Taxed in Wyoming?
Sales Tax on Precious Metals (Coins and Bars) in Wyoming
If you are buying or selling gold, silver, platinum, or palladium coins and bars in Wyoming, here is the most current information regarding sales tax.
Does Wyoming Charge Sales Tax on Precious Metal Coins and Bars?
Wyoming does NOT charge state or local sales tax on gold and silver coins and bullion.
The Wyoming Legal Tender Act (HB 103), effective July 1, 2018, ended all state taxation—including sales, income, and property tax—on gold and silver coins and bullion.
The law affirms gold and silver’s status as money and prohibits any Wyoming tax on their purchase, sale, or exchange.
Other precious metals, such as copper, accessories, and processed bullion, may still be subject to tax if they do not meet the legal definition of bullion or legal tender.
Wyoming Precious Metals Sales Tax Table
| Product Type | State Sales Tax | Local Tax Possible | Notes |
|---|---|---|---|
| Gold & silver coins and bullion | Exempt | No | Exemption applies to all forms recognized as money |
| Platinum & palladium bullion | Exempt | No | Covered if meeting bullion or legal tender definitions |
| Copper bullion, accessories, processed items | Taxable | Yes | Includes items not marked for weight/purity, jewelry, etc. |
| Unmarked or non-legal tender metals | Taxable | Yes | Must meet state’s bullion or legal tender definition |
Recent Legislative Developments
The Wyoming Legal Tender Act (HB 103) became law in 2018, making Wyoming one of the first states to end all state taxation on gold and silver.
As of 2025, Wyoming remains among the most tax-friendly states for precious metals, with only four states (Maine, Vermont, New Mexico, and Hawaii) still taxing gold and silver purchases.
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Disclaimer
Disclaimer: Sales tax laws and rates regarding precious metals coins and bars in Wyoming may change without notice. This page provides general guidance only. Please consult the Wyoming 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 Wyoming, these transactions are tax-free at both the state and local levels for gold and silver bullion and coins that meet the legal definition. Always verify your specific products and stay updated with the Wyoming Department of Revenue.
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.
