Minnesota Sales Tax on Coins & Precious Metals
Is gold and silver taxable in Minnesota? Learn about Minnesota sales tax on coins, bullion, and precious metals. Updated 2026.
| State Sales Tax Rate | 6.875% |
| Bullion Exempt? | Yes — Exempt |
| Coins Exempt? | Yes — Exempt |
| Exemption Since | 2023 |
Minnesota enacted a sales tax exemption for precious metals bullion and coins in 2023. The exemption covers gold, silver, platinum, and palladium in bar, ingot, or coin form. There is no minimum purchase threshold. Both state and local sales taxes are waived. Prior to 2023, Minnesota was one of the higher-taxed states for precious metals purchases.
Coin Shows in Minnesota
There are 5 coin shows listed in Minnesota. Browse them all or find one near you:
- Mid-Minnesota Coin Expo — St. Cloud, Minnesota
- North Metro Coin Show — Maple Grove, Minnesota
- Saint Paul Liberty Coin Club Show — St Anthony Village High School 3303 33rd Ave NE St. Anthony, Minnesota
- South St Paul Coin Show — South Saint Paul, Minnesota
- Twin Cities Largest Monthly Coin Show — South St. Paul, Minnesota
View all coin shows in Minnesota →
Calculate Your Coin's Value
Heading to a Minnesota coin show? Use our Melt Value Calculator to check the metal value of your silver and gold coins before you go.
Minnesota 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 Minnesota tax authority or consult a qualified tax professional before making purchasing decisions.