Bullion sales tax · Missouri
Missouri sales tax on gold and silver
Is gold taxed in Missouri?
No.
Missouri exempts gold, silver, platinum and palladium bullion of at least 90% purity, and coins worth more than face value (including numismatic coins), from both state and local sales tax with no minimum.
- Investment gold & silver
- Tax-free
- Order threshold
- None
- Metals covered
- Gold, silver, platinum and palladium
- Jewelry
- Taxed · about 8.44%
What's taxed in Missouri
| What you're buying | Sales tax | What it means |
|---|---|---|
| Gold and silver bars and rounds | No sales tax | No sales tax in Missouri, whatever the order size. |
| Gold and silver bullion coins (Eagles, Maple Leafs, Krugerrands) | No sales tax | No sales tax in Missouri, whatever the order size. |
| Platinum and palladium bullion (bars, rounds and coins) | No sales tax | No sales tax in Missouri, whatever the order size. |
| Rare and graded (numismatic) coins | No sales tax | No sales tax in Missouri, whatever the order size. |
| Jewelry | Sales tax applies | Taxed like other goods in Missouri. |
| Medals, collectibles and accessories | Sales tax applies | Taxed like other goods in Missouri. |
The rule, in plain English
Missouri exempts gold, silver, platinum and palladium bullion of at least 90% purity, and coins worth more than face value (including numismatic coins), from both state and local sales tax with no minimum.
What counts: RSMo 144.815: (1) 'Bullion' means gold, silver, platinum, or palladium in a bulk state, where its value depends on its content rather than its form, with a purity of not less than nine hundred parts per one thousand. (2) 'Investment coins' means "numismatic coins or other forms of money and legal tender manufactured of gold, silver, platinum, palladium or metals with a fair market value greater than the face value of the coins.".
Still taxed: Bullion below 90% purity; private medals or tokens that are neither .900+ bullion nor money/legal tender; paper money (definition covers coins manufactured of metal); jewelry, art and accessories.
This rule took effect on August 28, 2001.
What you would pay: three Missouri examples
| Purchase delivered to Missouri | Sales tax |
|---|---|
| Silver coins, $500 | $0 exempt investment bullion |
| Gold coins, $5,000 | $0 exempt investment bullion |
| A gold necklace, $1,000 | about $84 jewelry is taxed |
Using Missouri's 4.23% state rate plus the average local rate, 8.44% combined (Tax Foundation, January 2026). Your city or county rate may be higher or lower.
Missouri and its neighbors
- Arkansas Tax-free
- Illinois Tax-free
- Iowa Tax-free
- Kansas Tax-free
- Kentucky Tax-free
- Nebraska Tax-free
- Oklahoma Tax-free
- Tennessee Tax-free
All of Missouri's neighbors treat investment bullion the same way.
Buying from Bullion Trading LLC with delivery to Missouri
No sales tax is added at our checkout for bullion delivered to Missouri.
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 Missouri: 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 Missouri
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. Missouri doesn't tax individuals' capital gains from 2025, and a separate law exempts gains on gold and silver coins and bars from 2026.
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
The statute expressly exempts these sales from all local sales taxes (as defined in RSMo 32.085), as well as from state sales tax (144.010-144.510) and use tax (144.600-144.757).
Common questions about Missouri
Is gold taxed in Missouri?
No. Missouri exempts gold, silver, platinum and palladium bullion of at least 90% purity, and coins worth more than face value (including numismatic coins), from both state and local sales tax with no minimum.
Is silver taxed in Missouri?
No. Investment silver bullion and coins are exempt from sales tax in Missouri.
Is gold jewelry taxed in Missouri?
Yes. Jewelry is taxed like other goods in Missouri (about 8.44% on average with local tax), even when it is made of gold, silver or platinum.
Do I pay tax when I sell gold in Missouri?
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. Missouri doesn't tax individuals' capital gains from 2025, and a separate law exempts gains on gold and silver coins and bars from 2026.
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
- RSMo § 144.815 — Bullion and investment coins exempt from state and local sales and use taxes (effective 28 Aug 2001 version; L. 2000 S.B. 896, A.L. 2001 H.B. 825) (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)
- RSMo 143.121 (Missouri adjusted gross income) (Missouri Revisor of Statutes)
- IRS Topic 409: capital gains and losses (collectibles rate)
How we research and check this guide: our method.