Ohio Sales Tax on Bullion
No — Investment bullion and most precious-metal coins are exempt from sales tax in Ohio. 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 Ohio. |
| Bullion Coins | No sales tax | You won't pay sales tax on these in Ohio. |
| Bullion Rounds | No sales tax | You won't pay sales tax on these in Ohio. |
| Legal-Tender Coins | No sales tax | You won't pay sales tax on these in Ohio. |
| 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 Ohio 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 Ohio sales tax applies at checkout. |
| Paper Currency | Sales tax applies | Standard Ohio sales tax applies at checkout. |
| Accessories | Sales tax applies | Standard Ohio sales tax applies at checkout. |
- What's covered by the exemption
- Investment metal bullion and 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 Ohio.
Is gold bullion taxable in Ohio?
No, if it qualifies as investment metal bullion under Ohio’s exemption definition.
Are silver coins exempt from Ohio sales tax?
Yes, when they qualify as investment coins under the exemption rules.
Are numismatic coins exempt in Ohio?
Mostly, if they are qualifying investment coins. Noncovered collectibles that don’t meet the investment definition may be taxable.
Is jewelry taxed in Ohio?
Yes. Jewelry is taxable in Ohio.
