Michigan Sales Tax on Coins & Precious Metals

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

State Sales Tax Rate 6%
Bullion Exempt? Yes — Exempt
Coins Exempt? Yes — Exempt
Exemption Since Ongoing

Michigan exempts the sale of precious metals bullion (gold, silver, platinum, palladium) and coins from the 6% state sales tax. The exemption covers items sold based on their precious metal content. There is no minimum purchase threshold.

Coin Shows in Michigan

There are 8 coin shows listed in Michigan. Browse them all or find one near you:

View all coin shows in Michigan →

Calculate Your Coin's Value

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

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