Buy Precious Metal Gold Silver Bars and Coins
3
$62,871.64

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Credit Suisse Platinum Bar 10 oz
Credit Suisse Platinum Bar 10 oz
Quantity
$27,569.89
American Gold Eagle Coin | 1 Troy oz Random Year
American Gold Eagle Coin | 1 Troy oz Random Year
Quantity
$3,727.23
Valcambi Gold Bars .9999 pure | 250 gram
Valcambi Gold Bars .9999 pure | 250 gram
Quantity
$31,574.52
Payment Details
Sub Total $62,871.64

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Buy Precious Metal Gold Silver Bars and Coins
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3
$62,871.64

Cart

Credit Suisse Platinum Bar 10 oz
Credit Suisse Platinum Bar 10 oz
Quantity
$27,569.89
American Gold Eagle Coin | 1 Troy oz Random Year
American Gold Eagle Coin | 1 Troy oz Random Year
Quantity
$3,727.23
Valcambi Gold Bars .9999 pure | 250 gram
Valcambi Gold Bars .9999 pure | 250 gram
Quantity
$31,574.52
Payment Details
Sub Total $62,871.64

View cartCheckout

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Contact Us +1-646-591-7576

Precious Metal Taxes by State

States Where We Currently Collect Sales Tax

In the case South Dakota v. Wayfair Inc., where the state contended it was losing out on local sales taxes as more and more people shopped online rather than in brick-and-mortar establishments, the United States Supreme Court ruled in South Dakota’s favor on June 21, 2018.

 

 

Since 2018, different state sales tax laws and regulations have been implemented across the United States, forcing online sellers like Raw Gold & Diamond Co. to adjust. Based on the location where the order is delivered, sales taxes are computed and assessed.

EXAMPLES:

1. A customer from Arkansas places an order for silver for $1,000. In accordance with Louisiana’s bullion-specific sales tax regulations, they would also be required to pay an extra $40.00 in sales tax.

2.) A customer in Louisiana orders $1,000 worth of silver to be shipped to any Texas Depository. Because there is no state sales tax in Texas on gold and silver bullion coins or bars, in this instance the client would just pay $1,000 to Texas Precious Metals.

Precious Metal Tax by State

Customers can view a list of state-by-state sales tax regulations for precious metals in the chart below. Please be aware that states occasionally modify their tax laws, therefore this list may not always be accurate. Also, depending on your location, zip code, and/or parish if necessary, additional sales tax may be charged.

STATE SALES TAX ON BULLION

No Sales Tax

No Sales Tax

No Sales Tax

6.5%

7.5% on orders below $1500

No Sales Tax

6.5% sales tax on orders below $1000

No Sales Tax

6% ON ORDERS BELOW $500

 

No Sales Tax

4%

No Sales Tax

6.2% 

7% Exemptions apply for certain items.

No Sales Tax

No Sales Tax

6%

4% on orders below $1000

5.50%

5.5%

6.2% ON ORDES BELOW $1000

No Sales Tax

6.88%

7%

No Sales Tax

STATE SALES TAX ON BULLION

No Sales Tax

No Sales Tax

6.85%

No Sales Tax

7%

5.13%

4% on orders below $1000

No Sales Tax

No Sales Tax

5% Exception: .99.9% pure bullion is exempt from sales tax in North Dakota

No Sales Tax

No Sales Tax

No Sales Tax

No Sales Tax

No Sales Tax

No Sales Tax

No Sales Tax

No Sales Tax

No Sales Tax ( *Platinum coins not tax-exempt)

No Sales Tax

6%

5.3% on orders below $1000

No Sales Tax

No Sales Tax

5%

No Sales Tax

World Gold Prices

3
$62,871.64

Cart

Credit Suisse Platinum Bar 10 oz
Credit Suisse Platinum Bar 10 oz
Quantity
$27,569.89
American Gold Eagle Coin | 1 Troy oz Random Year
American Gold Eagle Coin | 1 Troy oz Random Year
Quantity
$3,727.23
Valcambi Gold Bars .9999 pure | 250 gram
Valcambi Gold Bars .9999 pure | 250 gram
Quantity
$31,574.52
Payment Details
Sub Total $62,871.64

View cartCheckout