Indiana Sales Tax on Bullion
No — Investment bullion and most precious-metal coins are exempt from sales tax in Indiana. 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 Indiana. |
| Bullion Coins | No sales tax | You won't pay sales tax on these in Indiana. |
| Bullion Rounds | No sales tax | You won't pay sales tax on these in Indiana. |
| Legal-Tender Coins | No sales tax | You won't pay sales tax on these in Indiana. |
| 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 Indiana 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 Indiana sales tax applies at checkout. |
| Paper Currency | Sales tax applies | Standard Indiana sales tax applies at checkout. |
| Accessories | Sales tax applies | Standard Indiana sales tax applies at checkout. |
- What's covered by the exemption
- Investment bullion and many legal-tender coins
- 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.
Common questions about sales tax on gold and silver in Indiana.
Is gold and silver bullion taxable in Indiana?
No. Indiana exempts qualifying investment bullion from sales tax.
Do gold and silver coins get the exemption in Indiana?
Many legal-tender coins qualify when treated as investment bullion/coins, but nonqualifying collector pieces may be taxable.
Are numismatic or collectible coins taxable in Indiana?
It depends. Indiana’s exemption focuses on investment-style bullion/coins, so nonqualifying collector items can be taxed.
Is jewelry taxable in Indiana?
Yes. Jewelry is taxable even when investment bullion and qualifying coins are exempt.
Is there a dollar threshold for tax-free bullion in Indiana?
No. The provided exemption is not based on a purchase minimum.
