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? Only qualifying marked bars or rounds exempt
Coins Exempt? Coins not covered by the bullion exemption
Effective / Status July 1, 2017
Official Source Checked August 1, 2026

Minnesota's exemption is limited to bars or rounds that are at least 99.9% gold, silver, platinum, or palladium by weight and are marked with weight, purity, and content. Jewelry, works of art, and scrap metal are expressly excluded. The provision does not establish an exemption for bullion coins, numismatic coins, paper currency, or legal-tender coins.

Coin Shows in Minnesota

There are 4 coin shows listed in Minnesota. Browse them all or find one near you:

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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.

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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.