Bullion sales tax · Texas
Texas sales tax on gold and silver
Is gold taxed in Texas?
No.
Texas charges no sales tax on gold, silver or platinum bullion or on gold, silver or numismatic coins, whatever the order size; palladium bars and rounds are taxable, and platinum or palladium bullion coins are a gray area.
Palladium bars are taxed; platinum and palladium coins aren't named in the law.
- Investment gold & silver
- Tax-free
- Order threshold
- None
- Metals covered
- Gold, silver and platinum; not palladium
- Jewelry
- Taxed · about 8.2%
What's taxed in Texas
| What you're buying | Sales tax | What it means |
|---|---|---|
| Gold and silver bars and rounds | No sales tax | No sales tax in Texas, whatever the order size. |
| Gold and silver bullion coins (Eagles, Maple Leafs, Krugerrands) | No sales tax | No sales tax in Texas, whatever the order size. |
| Platinum bars and rounds | No sales tax | No sales tax in Texas, whatever the order size. |
| Palladium bars and rounds | Sales tax applies | Texas's exemption doesn't cover palladium bars, so they are taxed. |
| Platinum coins (Eagles, Maple Leafs) | Depends on the item | Depends on whether Texas counts them as 'numismatic coins' or platinum bullion; the Comptroller has not ruled. |
| Palladium coins (Eagles, Maple Leafs) | Depends on the item | Depends on whether Texas counts them as 'numismatic coins' (coins not used as money); the Comptroller has not ruled. |
| Rare and graded (numismatic) coins | No sales tax | No sales tax in Texas, whatever the order size. |
| Jewelry | Sales tax applies | Taxed like other goods in Texas. |
| Medals, collectibles and accessories | Sales tax applies | Taxed like other goods in Texas. |
The rule, in plain English
Texas charges no sales tax on gold, silver or platinum bullion or on gold, silver or numismatic coins, whatever the order size; palladium bars and rounds are taxable, and platinum or palladium bullion coins are a gray area.
What counts: 34 TAC 3.336(a): Bullion is 'Gold, silver, or platinum that is formed into uniform shapes and quantities such as ingots, bars, or plates, with uniform content and purity, as are suitable for or customarily used in the purchase, sale, storage, transfer, and delivery of bulk or wholesale transactions'. A numismatic coin is 'A coin that is not used as a medium of exchange or whose price depends more on characteristics such as beauty, rarity, and condition than on its metal content or its face value.' There is no purity percentage and no premium test.
Still taxed: Coins or bullion made into jewelry or other items of adornment; palladium bars and rounds (no exemption); paper money that is not currency (taxable on its full sales price); accessories, holders and non-coin collectibles. Platinum and palladium bullion coins: uncertain, see notes.
This rule took effect on October 1, 2013.
What you would pay: three Texas examples
| Purchase delivered to Texas | Sales tax |
|---|---|
| Silver coins, $500 | $0 exempt investment bullion |
| Gold coins, $5,000 | $0 exempt investment bullion |
| A gold necklace, $1,000 | about $82 jewelry is taxed |
Using Texas's 6.25% state rate plus the average local rate, 8.2% combined (Tax Foundation, January 2026). Your city or county rate may be higher or lower.
Texas and its neighbors
- Arkansas Tax-free
- Louisiana Tax-free
- New Mexico Taxable
- Oklahoma Tax-free
Different rules next door: New Mexico (taxable). Same as Texas: Arkansas, Louisiana and Oklahoma. Tax follows the delivery address, not where you live.
Buying from Bullion Trading LLC with delivery to Texas
No sales tax is added at our checkout for bullion delivered to Texas.
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 Texas: 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 Texas
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. Texas has no personal income tax, so the state doesn't tax the gain.
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
§ 151.336 exempts the sale from 'the taxes imposed by this chapter' (state sales and use tax). Texas city, county, transit and special-district sales taxes are levied on the same base, so exempt items are generally exempt locally too. I did not check the local-tax statutes separately.
Common questions about Texas
Is gold taxed in Texas?
No. Texas charges no sales tax on gold, silver or platinum bullion or on gold, silver or numismatic coins, whatever the order size; palladium bars and rounds are taxable, and platinum or palladium bullion coins are a gray area.
Is silver taxed in Texas?
No. Investment silver bullion and coins are exempt from sales tax in Texas.
Is gold jewelry taxed in Texas?
Yes. Jewelry is taxed like other goods in Texas (about 8.2% on average with local tax), even when it is made of gold, silver or platinum.
Do I pay tax when I sell gold in Texas?
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. Texas has no personal income tax, so the state doesn't tax the gain.
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
- Tex. Tax Code § 151.336 — Certain Coins and Precious Metals (checked October 19, 2026)
- 34 Tex. Admin. Code § 3.336 — Comptroller rule: Coins, currency, bullion (read via the Cornell LII mirror; the official SOS TAC viewer has moved) (checked October 19, 2026)
- Acts 2013, 83rd Leg., R.S., ch. 844 (H.B. 78) — Removed the $1,000 minimum, effective 2013-10-01 (checked October 19, 2026)
- Tex. Tax Code § 151.336 — Certain Coins and Precious Metals (current text, history: amended by Acts 2013, 83rd Leg., R.S., Ch. 844 (H.B. 78), Sec. 1, eff. Oct. 1, 2013) (coins by metal; checked October 21, 2026)
- 34 Tex. Admin. Code § 3.336(a)(1)-(3) — Comptroller Rule 3.336, Currency, Certain Coins, and Gold, Silver, and Platinum Bullion (eff. July 12, 2018), official text on the Comptroller's STAR system, doc 201807003R (coins by metal; checked October 21, 2026)
- Texas Comptroller letter ruling STAR 8909L0959G05 (Sept. 20, 1989; partially superseded on the threshold only) — Bullion definition; fabricated precious metals not exempt (coins by metal; checked October 21, 2026)
- Texas Comptroller letter ruling STAR 8707L0823B01 (July 8, 1987; status Current) — U.S. Constitution coins: tax on coins sold above face value (written under the pre-2013 threshold law) (coins by metal; checked October 21, 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)
- State Individual Income Tax Rates and Brackets, 2026 (Tax Foundation)
- IRS Topic 409: capital gains and losses (collectibles rate)
How we research and check this guide: our method.