Vermont Sales Tax on Bullion
Yes — In Vermont, sales tax applies to bullion, coins, jewelry, and accessories — just like other goods.
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 | Sales tax applies | Standard Vermont sales tax applies at checkout. |
| Bullion Coins | Sales tax applies | Standard Vermont sales tax applies at checkout. |
| Bullion Rounds | Sales tax applies | Standard Vermont sales tax applies at checkout. |
| Legal-Tender Coins | Sales tax applies | Standard Vermont sales tax applies at checkout. |
| Numismatic Coins | Sales tax applies | Standard Vermont sales tax applies at checkout. |
| Jewelry | Sales tax applies | Standard Vermont sales tax applies at checkout. |
| Industrial Precious Metal | Sales tax applies | Standard Vermont sales tax applies at checkout. |
| Collectibles (Non-Coin) | Sales tax applies | Standard Vermont sales tax applies at checkout. |
| Paper Currency | Sales tax applies | Standard Vermont sales tax applies at checkout. |
| Accessories | Sales tax applies | Standard Vermont sales tax applies at checkout. |
- What's covered by the exemption
- No bullion-specific exemption — bullion, coins, jewelry, and accessories are taxed like any other tangible goods.
- How they decide what counts as bullion
- Vermont only excludes items that function as actual current currency (a very narrow case). Investment bullion, coins, and paper currency are otherwise taxed.
- What's NOT covered
- Investment bullion, coins, and paper currency effectively taxed
Even when the state-level rule is clear, cities or counties in this state may charge their own tax. Here's what to expect.
- Local treatment
- Some local option tax may apply
Common questions about sales tax on gold and silver in Vermont.
Is gold and silver bullion taxable in Vermont?
Yes. Vermont generally taxes bullion sales.
Are bullion coins and numismatic coins taxed in Vermont?
Yes. Vermont’s rule is to charge sales tax on coins, including numismatic coins.
Does Vermont offer a bullion sales tax exemption?
Not for investment bullion in general. Vermont notes only rare cases tied to true current medium-of-exchange use.
Is jewelry taxed in Vermont?
Yes. Jewelry is taxable in Vermont.
