State tax guide · verified 2026-08-28

Does Maryland charge sales tax on gold and silver?

Sometimes. Since July 1, 2026 Maryland again exempts precious-metal bullion and coin sales over $1,000; smaller purchases pay the 6% sales tax.

• Rate: 6%
• Exemption threshold: $1,000
• Maryland's treatment has whipsawed: HB 352 repealed the longstanding exemption effective July 1, 2025 (leaving only convention-center sales exempt), then SB 309 — passed unanimously and signed May 26, 2026 — restored a statewide exemption effective July 1, 2026, keeping the $1,000 threshold.
• Exemption repealed July 1, 2025 (HB 352), then restored statewide with a $1,000 threshold on July 1, 2026 (SB 309).
• Verify with: Comptroller of Maryland

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