State tax guide · verified 2026-08-28

Does Florida charge sales tax on gold and silver?

No. Florida exempts qualifying gold, silver and platinum bullion from sales tax at any purchase amount.

• Until August 1, 2025 the exemption only applied to transactions over $500; HB 7031 removed that threshold entirely.
• Products outside the bullion definition — certain collectible currency and world coins — can still be taxable.
• The $500 minimum was repealed effective August 1, 2025 (HB 7031) — small bullion purchases are now exempt too.
• Verify with: Florida Department of Revenue

• Sales tax on gold & silver, state by state
• Sales tax on gold and silver in Canada