Nevada

In Nevada, sales tax applies to gold/silver bullion and collectible coin sales, with only a narrow exception tied to whether the item is being used as a “medium of exchange.”

The Nevada Department of Taxation has explicitly stated in its newsletter that retail sales of bullion are subject to Nevada sales tax, and notes that because bullion in tangible form is not generally accepted in transactions, it does not meet the exemption.

Numismatic coins are not exempt and are subject to sales tax in Nevada.

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.