Colorado

Gold and Silver coins and bars are exempt from sales tax in the state of Colorado if they meet all of the following requirements:

  • The coins are monetized bullion or other forms of money.
  • The coins are manufactured from gold, silver, platinum, palladium, or other such metals.
  • The coins are designated as a medium of exchange under the laws of this state, the United States, or any foreign nation.

Coins that are or were at one time used as currency or a medium of exchange in the United States or a foreign country, such as quarters, dimes, nickels, and pennies, are exempt from sales and use taxes.

However, numismatic items that are not made from coins or precious metal bullion, such as paper money, tokens, checks, and wampum, are not exempt from sales and use tax. The sale of art, jewelry, and commemoratives that are made from coins are subject to sales and use tax.

Resources:

https://tax.colorado.gov/sales-use-tax-topics-coins-and-precious-metal-bullion

Zang International is not a tax advisory firm, and this information is provided for general educational purposes only. It should not be relied upon as legal or tax advice and does not represent a complete summary of applicable sales tax laws or requirements in any state or jurisdiction. Tax laws vary by location and are subject to change. For the most accurate and up-to-date guidance, please consult a qualified tax professional or the official Department of Revenue website for your state.