Illinois Sales Tax on Coins & Precious Metals
Is gold and silver taxable in Illinois? Learn about Illinois sales tax on coins, bullion, and precious metals. Updated 2026.
| State Sales Tax Rate | 6.25% |
| Bullion Exempt? | Yes — Exempt |
| Coins Exempt? | Yes — Exempt |
| Exemption Since | Ongoing |
Illinois exempts precious metals bullion from the state's 6.25% sales tax. The exemption covers gold, silver, platinum, and palladium bullion in bar, ingot, or coin form when sold based on metal content rather than collectible value. Numismatic coins and collectibles sold primarily for their rarity or condition may still be taxable. Local sales taxes may also apply — check with your county or municipality.
Coin Shows in Illinois
There are 9 coin shows listed in Illinois. Browse them all or find one near you:
- Central States Numismatic Society (CSNS) Convention — Schaumburg, Illinois
- Chicago Coin Expo — Countryside, Illinois
- Cicero-Berwyn Coin & Stamp Bourse — Berwyn, Illinois
- Greater Chicago Coin, Currency, & Collectibles Show — June 25th - 27th @ Countryside, Illinois
- ILNA Illinois Numismatic Association Coin Show — Sept 17th-19th @ Countryside, Illinois
- Metro East Coin & Currency Club Coin Show — Collinsville, Illinois
- Orland Park Coin & Stamp Show — Orland Park, Illinois
- Orland Park Coin Show — Orland Park, Illinois
- Peotone Coin & Currency Show — Peotone, Illinois
View all coin shows in Illinois →
Calculate Your Coin's Value
Heading to a Illinois coin show? Use our Melt Value Calculator to check the metal value of your silver and gold coins before you go.
Illinois tax authority website →
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Disclaimer: This information is for general reference only and does not constitute tax or legal advice. Tax laws change frequently. Always verify current rates and exemptions with the Illinois tax authority or consult a qualified tax professional before making purchasing decisions.