Colorado Sales Tax on Bullion
No — Investment bullion and most precious-metal coins are exempt from sales tax in Colorado. Jewelry, collectibles, and accessories are still taxed at the standard rate.
Here's how each kind of item is treated in this state. Tap a row to read the plain-English note.
| What you're buying | Sales tax? | What that means |
|---|---|---|
| Bullion Bars | No sales tax | You won't pay sales tax on these in Colorado. |
| Bullion Coins | No sales tax | You won't pay sales tax on these in Colorado. |
| Bullion Rounds | No sales tax | You won't pay sales tax on these in Colorado. |
| Legal-Tender Coins | No sales tax | You won't pay sales tax on these in Colorado. |
| Numismatic Coins | Depends on the order | Some items in this category qualify; others are taxed. Depends on the specific product. |
| Jewelry | Sales tax applies | Standard Colorado sales tax applies at checkout. |
| Industrial Precious Metal | Ask before ordering | Tax treatment depends on the item. If you're unsure, contact us before ordering. |
| Collectibles (Non-Coin) | Sales tax applies | Standard Colorado sales tax applies at checkout. |
| Paper Currency | Sales tax applies | Standard Colorado sales tax applies at checkout. |
| Accessories | Sales tax applies | Standard Colorado sales tax applies at checkout. |
- What's covered by the exemption
- Legal-tender coins and precious-metal bullion
- How they decide what counts as bullion
- The state asks whether the item is priced for its metal value (qualifying bullion) or for rarity, design, or collector demand (taxable).
- What's NOT covered
- Jewelry, rarity-priced collectibles, paper currency held as collectible, fabricated/industrial-use precious metal, and accessories.
Even when the state-level rule is clear, cities or counties in this state may charge their own tax. Here's what to expect.
- Local treatment
- Home-rule city review required
Common questions about sales tax on gold and silver in Colorado.
Is gold bullion exempt from sales tax in Colorado?
Yes under Colorado’s state-administered rules, qualifying precious-metal bullion is fully exempt. Destination home-rule cities may impose different local requirements.
Are legal-tender coins taxed in Colorado?
Colorado generally exempts legal-tender coins under the state bullion/coin exemption. Local home-rule jurisdictions may not follow the same treatment in all cases.
Do home-rule cities affect bullion sales tax in Colorado?
Yes. Colorado’s home-rule cities can administer their own sales tax rules, so taxability may depend on the delivery destination.
Is jewelry covered by Colorado’s bullion exemption?
No. The exemption is aimed at investment bullion and covered coins, not jewelry or decorative items.
