New York Sales Tax on Coins & Precious Metals

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

State Sales Tax Rate 4%
Bullion Exempt? Yes — Exempt
Coins Exempt? Yes — Exempt
Minimum Threshold $1,000 per transaction
Exemption Since Ongoing

New York exempts the sale of precious metals bullion and coins from sales tax when the total transaction exceeds $1,000. Sales of $1,000 or less are subject to the full 4% state tax plus local taxes (which can total 8-8.875% in New York City). The exemption covers gold, silver, platinum, and palladium in bar, ingot, or coin form. The $1,000 threshold applies per invoice/transaction.

Threshold tip: The $1,000 minimum applies per transaction. If you're buying close to the threshold, consider combining purchases into a single transaction to qualify for the exemption.

Coin Shows in New York

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

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Calculate Your Coin's Value

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

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