Bullion sales tax · Wyoming
Wyoming sales tax on gold and silver
Is gold taxed in Wyoming?
No.
Wyoming charges no tax of any kind on gold or silver coins or on gold or silver bullion stamped with its weight and purity; platinum and palladium bars and rounds have no exemption and are taxable.
Platinum and palladium bars are taxed.
- Investment gold & silver
- Tax-free
- Order threshold
- None
- Metals covered
- Gold and silver; not platinum and palladium
- Jewelry
- Taxed · about 5.56%
What's taxed in Wyoming
| What you're buying | Sales tax | What it means |
|---|---|---|
| Gold and silver bars and rounds | No sales tax | No sales tax in Wyoming, whatever the order size. |
| Gold and silver bullion coins (Eagles, Maple Leafs, Krugerrands) | No sales tax | No sales tax in Wyoming, whatever the order size. |
| Platinum and palladium bars and rounds | Sales tax applies | Wyoming's exemption doesn't cover platinum or palladium bars, so they are taxed. |
| Platinum and palladium coins (Eagles, Maple Leafs) | Depends on the item | Depends on whether Wyoming's 'gold, silver and other coin' wording covers them; the state has not ruled. |
| Rare and graded (numismatic) coins | Depends on the item | Depends on the coin and how it is priced; see the rule below. |
| Jewelry | Sales tax applies | Taxed like other goods in Wyoming. |
| Medals, collectibles and accessories | Sales tax applies | Taxed like other goods in Wyoming. |
The rule, in plain English
Wyoming charges no tax of any kind on gold or silver coins or on gold or silver bullion stamped with its weight and purity; platinum and palladium bars and rounds have no exemption and are taxable.
What counts: W.S. 9-4-1302(a)(ii): "Specie" means "(A) Coin having gold or silver content; or (B) Refined gold or silver bullion which is coined, stamped or imprinted with its weight and purity and valued primarily based on its metal content and not its form." W.S. 39-15-101(a)(xxxi)(A) lists 'currency, gold, silver and other coin, specie and specie legal tender' as intangible personal property, outside the sales tax on tangible personal property.
Still taxed: Platinum and palladium bars and rounds; gold or silver bullion not stamped or imprinted with weight and purity (check loose casting grain); jewelry; accessories; non-coin collectibles.
This rule took effect on July 1, 2018.
What you would pay: three Wyoming examples
| Purchase delivered to Wyoming | Sales tax |
|---|---|
| Silver coins, $500 | $0 exempt investment bullion |
| Gold coins, $5,000 | $0 exempt investment bullion |
| A gold necklace, $1,000 | about $56 jewelry is taxed |
Using Wyoming's 4% state rate plus the average local rate, 5.56% combined (Tax Foundation, January 2026). Your city or county rate may be higher or lower.
Wyoming and its neighbors
- Colorado Tax-free
- Idaho Tax-free
- Montana No sales tax
- Nebraska Tax-free
- South Dakota Tax-free
- Utah Tax-free
Different rules next door: Montana (no sales tax). Same as Wyoming: Colorado, Idaho, Nebraska, South Dakota and Utah. Tax follows the delivery address, not where you live.
Buying from Bullion Trading LLC with delivery to Wyoming
No sales tax is added at our checkout for bullion delivered to Wyoming.
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 Wyoming: 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 Wyoming
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. Wyoming 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
W.S. 9-4-1304(c) bars 'any tax liability of any kind', so county and local option sales taxes do not apply to specie. Platinum and palladium bars and rounds are taxable at the combined state and local rate.
Common questions about Wyoming
Is gold taxed in Wyoming?
No. Wyoming charges no tax of any kind on gold or silver coins or on gold or silver bullion stamped with its weight and purity; platinum and palladium bars and rounds have no exemption and are taxable.
Is silver taxed in Wyoming?
No. Investment silver bullion and coins are exempt from sales tax in Wyoming.
Is gold jewelry taxed in Wyoming?
Yes. Jewelry is taxed like other goods in Wyoming (about 5.56% on average with local tax), even when it is made of gold, silver or platinum.
Do I pay tax when I sell gold in Wyoming?
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. Wyoming 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
- W.S. 9-4-1302, 9-4-1304 — Specie definition; no tax liability on purchase, sale or exchange of specie (compiled Title 9 dated May 2026) (checked October 19, 2026)
- W.S. 39-15-101(a)(xxxi)(A) and (ix) — Sales tax definitions: coins and specie are intangible personal property; tangible personal property is what is taxed (compiled Title 39 dated Oct. 2026) (checked October 19, 2026)
- 2018 Wyo. Sess. Laws, Enrolled Act No. 46 (HB 0103) — Created the Wyoming Legal Tender Act; effective July 1, 2018 (checked October 19, 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.