Bullion sales tax · Arkansas
Arkansas sales tax on gold and silver
Is gold taxed in Arkansas?
No.
Since October 1, 2021, Arkansas charges no sales tax on gold, silver, platinum or palladium bullion, or on coins and currency that are or were money, including collector pieces, unless they have been made into jewelry.
- Investment gold & silver
- Tax-free
- Order threshold
- None
- Metals covered
- Gold, silver, platinum and palladium
- Jewelry
- Taxed · about 9.46%
What's taxed in Arkansas
| What you're buying | Sales tax | What it means |
|---|---|---|
| Gold and silver bars and rounds | No sales tax | No sales tax in Arkansas, whatever the order size. |
| Gold and silver bullion coins (Eagles, Maple Leafs, Krugerrands) | No sales tax | No sales tax in Arkansas, whatever the order size. |
| Platinum and palladium bullion (bars, rounds and coins) | No sales tax | No sales tax in Arkansas, whatever the order size. |
| Rare and graded (numismatic) coins | No sales tax | No sales tax in Arkansas, whatever the order size. |
| Jewelry | Sales tax applies | Taxed like other goods in Arkansas. |
| Medals, collectibles and accessories | Sales tax applies | Taxed like other goods in Arkansas. |
The rule, in plain English
Since October 1, 2021, Arkansas charges no sales tax on gold, silver, platinum or palladium bullion, or on coins and currency that are or were money, including collector pieces, unless they have been made into jewelry.
What counts: Ark. Code Ann. § 26-52-454 (enacted by Act 1109 of 2021 as § 26-52-453, codified at -454). 'Bullion' = a bar, ingot or coin (A) manufactured in whole or in part of gold, silver, platinum or palladium; (B) that was or is used solely as a medium of exchange, security or commodity by any state, the U.S. Government or a foreign nation; and (C) sold based on its intrinsic value as a precious metal or collectible item rather than its form or representative value as a medium of exchange. 'Coin or currency' = coin or currency of gold, silver, other metal or paper, used as such a medium and sold on intrinsic value as precious metal or collectible; excludes coin or currency incorporated into jewelry. Separately, § 4-56-106 (amended by Act 810 of 2025): 'specie' = coin having gold or silver content, or gold/silver bullion coined, stamped or imprinted with weight and purity and valued primarily on metal content.
Still taxed: Coins or currency incorporated into jewelry; jewelry; items sold at face or representative value as money rather than intrinsic value; medals, tokens or rounds never used as money or commodity (possible, see notes); copper and other non-listed metal products that are not money; accessories.
This rule took effect on October 1, 2021.
What you would pay: three Arkansas examples
| Purchase delivered to Arkansas | Sales tax |
|---|---|
| Silver coins, $500 | $0 exempt investment bullion |
| Gold coins, $5,000 | $0 exempt investment bullion |
| A gold necklace, $1,000 | about $95 jewelry is taxed |
Using Arkansas's 6.5% state rate plus the average local rate, 9.46% combined (Tax Foundation, January 2026). Your city or county rate may be higher or lower.
Recent changes in Arkansas
Act 810 of 2025 rewrote the specie/legal-tender statute (§ 4-56-106): it adds a bullion depository and a metals-backed payment system, and the amended section states that buying, selling or exchanging gold or silver specie creates no tax liability. Secondary sources say that rule dates from HB 1718 of 2023. The sales-tax exemption in § 26-52-454 itself was not changed. Source
Arkansas and its neighbors
- Louisiana Tax-free
- Mississippi Tax-free
- Missouri Tax-free
- Oklahoma Tax-free
- Tennessee Tax-free
- Texas Tax-free
All of Arkansas's neighbors treat investment bullion the same way.
Buying from Bullion Trading LLC with delivery to Arkansas
No sales tax is added at our checkout for bullion delivered to Arkansas.
Orders ship insured and discreetly packed: USPS under $1,000, FedEx with adult signature from $1,000, usually within 2–3 business days after payment clears. Bank transfer and check are our best price; card and PayPal add 5% (up to $7,500).
Tax-free in Arkansas: popular coins and bars
The large price is the check/wire price; the card/PayPal price is listed under it. Prices follow the live spot price.
Selling gold in Arkansas
Selling gold to a dealer is not a retail purchase, so no sales tax applies. A profit is a capital gain: the IRS taxes gains on gold and silver bullion as collectibles, at up to 28% when held more than a year. Arkansas excludes half of most capital gains, and a 2023 law says selling gold or silver coins or bullion creates no state tax, although the state's forms don't yet show how to claim it.
Dealers have to report some larger sales to the IRS on Form 1099-B; keep your purchase receipts to show your cost.
We buy bullion at our counter at 20 West 47th Street in New York: walk in with a photo ID and we pay by same-day check. How selling to us works
Local taxes
Arkansas city and county sales taxes are generally levied on the same base as the state gross receipts tax, so the exemption should carry through, but this was not separately verified this session.
Common questions about Arkansas
Is gold taxed in Arkansas?
No. Since October 1, 2021, Arkansas charges no sales tax on gold, silver, platinum or palladium bullion, or on coins and currency that are or were money, including collector pieces, unless they have been made into jewelry.
Is silver taxed in Arkansas?
No. Investment silver bullion and coins are exempt from sales tax in Arkansas.
Is gold jewelry taxed in Arkansas?
Yes. Jewelry is taxed like other goods in Arkansas (about 9.46% on average with local tax), even when it is made of gold, silver or platinum.
Do I pay tax when I sell gold in Arkansas?
Selling gold to a dealer is not a retail purchase, so no sales tax applies. A profit is a capital gain: the IRS taxes gains on gold and silver bullion as collectibles, at up to 28% when held more than a year. Arkansas excludes half of most capital gains, and a 2023 law says selling gold or silver coins or bullion creates no state tax, although the state's forms don't yet show how to claim it.
Selling to a dealer
No sales tax
A gain on the sale
Taxed by the IRS as a collectible, up to 28% when held more than a year
Sources
- Ark. Code Ann. § 26-52-454 — Coins, currency, and bullion (FindLaw copy, current as of 2024-03-28; confirms codification at -454) (checked October 19, 2026)
- Act 1109 of 2021 (SB 336), § 1 — Exemption from sales and use tax for coins, currency, and bullion; approved 5/3/21; effective first day of the calendar quarter after the act's effective date (checked October 19, 2026)
- Act 810 of 2025 (HB 1918), amending Ark. Code § 4-56-106 — Specie or legal tender; (d)(2) purchase, sale or exchange of specie gives rise to no tax liability; approved 4/17/25 (checked October 19, 2026)
- Arkansas DFA, Tax Exemptions report (FY2023), item 118 — Lists 'Ark. Code Ann. § 26-52-454: Exempts sales of coins, currency, and bullion' (checked October 19, 2026)
- State and Local Sales Tax Rates, 2026 (table: State & Local Sales Tax Rates as of January 1, 2026) (Tax Foundation)
- 2026 Sales Tax Rates, Midyear Update (rates as of July 1, 2026) (Tax Foundation)
- 2025 AR1000D Capital Gains and Losses (Arkansas Department of Finance and Administration)
- IRS Topic 409: capital gains and losses (collectibles rate)
How we research and check this guide: our method.