Massachusetts Sales Tax on Bullion
Sometimes — In Massachusetts, 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 Massachusetts sales tax applies at checkout. |
| Industrial Precious Metal | Sales tax applies | Standard Massachusetts sales tax applies at checkout. |
| Collectibles (Non-Coin) | Sales tax applies | Standard Massachusetts sales tax applies at checkout. |
| Paper Currency | Sales tax applies | Standard Massachusetts sales tax applies at checkout. |
| Accessories | Sales tax applies | Standard Massachusetts sales tax applies at checkout. |
- What's covered by the exemption
- Gold and silver bullion, rare coins, and legal-tender coins priced for their metal value — on single sales of $1,000 or more.
- How they decide what counts as bullion
- A single sale of $1,000 or more, where the item is rare-coin, gold/silver bullion, or gold/silver legal tender priced for its metal value. Fabricated industrial metal is excluded.
- What's NOT covered
- Sales under $1,000, jewelry, fabricated industrial/professional/artistic metal, and non-precious accessories.
Common questions about sales tax on gold and silver in Massachusetts.
Is gold bullion taxable in Massachusetts?
Gold bullion or gold coins can be exempt in Massachusetts only when the single sale is $1,000 or more and the item is a covered product.
Is silver bullion exempt in Massachusetts?
Silver bullion or silver coins are exempt only on a single sale of $1,000 or more for covered items; smaller purchases are generally taxable.
What is the Massachusetts threshold for tax-free bullion?
The exemption applies when the single sale is $1,000 or more for covered rare coins and certain gold/silver bullion or coin products.
Are rare coins exempt from Massachusetts sales tax?
Rare coins are covered by the exemption when the transaction meets the $1,000 single-sale threshold.
Is jewelry taxed in Massachusetts?
Yes. Jewelry is taxable in Massachusetts.