New Jersey Sales Tax on Bullion
No — Investment bullion and most precious-metal coins are exempt from sales tax in New Jersey. 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 New Jersey. |
| Bullion Coins | No sales tax | You won't pay sales tax on these in New Jersey. |
| Bullion Rounds | No sales tax | You won't pay sales tax on these in New Jersey. |
| Legal-Tender Coins | No sales tax | You won't pay sales tax on these in New Jersey. |
| 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 New Jersey 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 New Jersey sales tax applies at checkout. |
| Paper Currency | Sales tax applies | Standard New Jersey sales tax applies at checkout. |
| Accessories | Sales tax applies | Standard New Jersey sales tax applies at checkout. |
- What's covered by the exemption
- Investment metal bullion and many 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 New Jersey.
Is gold bullion taxable in New Jersey?
Generally no. New Jersey fully exempts investment metal bullion, as long as it meets the state’s investment definition.
Are silver coins exempt from NJ sales tax?
Many are exempt when they qualify as covered investment/monetary coins. Non-investment collectibles may be treated differently.
Do numismatic coins get the exemption in New Jersey?
It depends. New Jersey treats numismatic coins as conditional, so only coins that meet the investment/covered-coin definition are exempt.
Is jewelry taxed in New Jersey?
Yes. Jewelry is taxable in New Jersey even though investment bullion is exempt.
