Texas Sales Tax on Bullion
No — Investment bullion and most precious-metal coins are exempt from sales tax in Texas. 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 Texas. |
| Bullion Coins | No sales tax | You won't pay sales tax on these in Texas. |
| Bullion Rounds | No sales tax | You won't pay sales tax on these in Texas. |
| Legal-Tender Coins | No sales tax | You won't pay sales tax on these in Texas. |
| 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 Texas 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 Texas sales tax applies at checkout. |
| Paper Currency | Sales tax applies | Standard Texas sales tax applies at checkout. |
| Accessories | Sales tax applies | Standard Texas sales tax applies at checkout. |
- What's covered by the exemption
- Precious-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 Texas.
Is gold and silver bullion taxable in Texas?
No, if it qualifies under Texas’s bullion/coin exemption. Qualifying precious-metal bullion is exempt from sales tax.
Are legal-tender coins exempt from sales tax in Texas?
Many are. Texas generally exempts many coins that qualify as legal tender or bullion under the administrative rules.
Are numismatic coins taxable in Texas?
Often they are exempt if they qualify as legal tender or bullion, but nonqualifying collector items can be treated differently.
Is jewelry or a gold medallion taxed in Texas?
Yes. Texas taxes jewelry, medallions, and accessories even though qualifying bullion and many coins are exempt.
