South Carolina Sales Tax on Coins & Precious Metals

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

State Sales Tax Rate 6%
Bullion Exempt? Yes — Exempt
Coins Exempt? Yes — Exempt
Minimum Threshold $50 per transaction
Exemption Since Ongoing

South Carolina exempts the sale of precious metals and coins from the 6% state sales tax when the transaction exceeds $50. This very low threshold means virtually all bullion and coin purchases qualify for the exemption. The exemption covers gold, silver, platinum, and palladium in bar, ingot, or coin form.

Threshold tip: The $50 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 South Carolina

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

View all coin shows in South Carolina →

Calculate Your Coin's Value

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

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