Maryland Sales Tax on Coins & Precious Metals

Is gold and silver taxable in Maryland? Learn about Maryland sales tax on coins, bullion, and precious metals. Updated 2026.

State Sales Tax Rate 6%
Bullion Exempt? Qualifying bullion exempt above threshold
Coins Exempt? Qualifying coins exempt above threshold
Minimum Threshold More than $1,000 in a qualifying sale
Effective / Status July 1, 2026
Official Source Checked August 1, 2026

Maryland exempts a qualifying sale of precious-metal bullion or coins when the sales price is more than $1,000. The statewide treatment began July 1, 2026 after the former location restriction was removed. Jewelry and precious-metal artwork remain outside the exemption. Verify the current statute and product definition before relying on it.

Threshold note: More than $1,000 in a qualifying sale. Products, seller, documentation, and other statutory conditions may also affect eligibility. Verify the official state source before relying on an exemption.

Coin Shows in Maryland

There are 3 coin shows listed in Maryland. Browse them all or find one near you:

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Calculate Your Coin's Value

Heading to a Maryland coin show? Use our Melt Value Calculator to check the metal value of your silver and gold coins before you go.

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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 Maryland tax authority or consult a qualified tax professional before making purchasing decisions.