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.
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? | Qualifying precious-metal bullion conditionally exempt |
| Coins Exempt? | Coins qualify only under the bullion tests |
| Minimum Threshold | More than $1,000, plus statutory form and valuation tests |
| Effective / Status | Current law |
| Official Source Checked | August 1, 2026 |
New York's exemption is conditional, not a blanket coin exemption. The receipt must exceed $1,000, the purchaser must retain the bullion in the same form, and the price must remain within statutory valuation limits: 140% above face value for silver coins, 120% for gold coins weighing one-quarter ounce or less, and 115% above metal value for other qualifying bullion.
Threshold note: More than $1,000, plus statutory form and valuation tests. Products, seller, documentation, and other statutory conditions may also affect eligibility. Verify the official state source before relying on an exemption.
Coin Shows in New York
There are 8 coin shows listed in New York. Browse them all or find one near you:
- BNA Monthly Coin, Stamp and Currency Show — Cheektowaga, New York
- Canandaigua Coin Show — Canandaigua, New York
- Melville Coin, Stamp & Collectibles Show — Melville, New York
- New York International Numismatic Convention (NYINC) — New York, New York
- Onondaga (ONA) Coin & Currency Show — Liverpool, New York
- Rochester Numismatic Association Show — Rochester, New York
- The Big Flats Coin Club Show — Big Flats, New York
- WNY Coin Show — Batavia, New York
View all coin shows in New York →
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.
Official source used for this review →
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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.