Connecticut Sales Tax on Bullion
Sometimes — In Connecticut, qualifying bullion and coin orders are tax-free if your order total is at least $1,000. Smaller orders, jewelry, and collectibles are taxed normally.
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 | Depends on the order | Tax-free if your order total is at least $1,000 and the items qualify. Smaller orders are taxed. |
| Bullion Coins | Depends on the order | Tax-free if your order total is at least $1,000 and the items qualify. Smaller orders are taxed. |
| Bullion Rounds | Depends on the order | Tax-free if your order total is at least $1,000 and the items qualify. Smaller orders are taxed. |
| Legal-Tender Coins | Depends on the order | Tax-free if your order total is at least $1,000 and the items qualify. Smaller orders are taxed. |
| Numismatic Coins | Depends on the order | Tax-free if your order total is at least $1,000 and the items qualify. Smaller orders are taxed. |
| Jewelry | Sales tax applies | Standard Connecticut 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 Connecticut sales tax applies at checkout. |
| Paper Currency | Sales tax applies | Standard Connecticut sales tax applies at checkout. |
| Accessories | Sales tax applies | Standard Connecticut sales tax applies at checkout. |
- What's covered by the exemption
- Rare or antique coins, gold/silver bullion, and gold/silver legal-tender coins — on orders of $1,000 or more.
- How they decide what counts as bullion
- The single invoice must total $1,000 or more, and the item must be covered bullion or a qualifying coin (not jewelry, accessory, or industrial-use metal).
- What's NOT covered
- Orders under $1,000, jewelry, accessories, and non-covered collectibles.
Common questions about sales tax on gold and silver in Connecticut.
Is gold bullion taxable in Connecticut?
Gold bullion is taxable unless the purchase qualifies for Connecticut’s single-invoice exemption. A covered bullion/coin sale is exempt when one invoice is at least $1,000.
What is the threshold for tax-free bullion in Connecticut?
Connecticut uses a single-invoice threshold of $1,000. If the invoice is $1,000 or more and the item is a covered coin/bullion product, it is exempt.
Are silver coins exempt from sales tax in Connecticut?
Silver coins can be exempt if they fall under the covered categories (rare/antique coins or gold/silver legal tender) and the single invoice is at least $1,000.
Do I pay sales tax on numismatic (collector) coins in Connecticut?
Numismatic coin treatment is conditional in Connecticut. Collect tax unless the coin is a covered rare/antique or legal-tender product and the single invoice meets the $1,000 threshold.
Is jewelry taxed in Connecticut?
Yes. Jewelry is taxable in Connecticut under the state’s sales tax rules.