State tax guide · verified 2026-08-28

Does Michigan charge sales tax on gold and silver?

No. Michigan exempts investment coins and bullion of at least 90% fineness from sales tax.

• The exemption is purity-scoped: bullion must be at least 90% gold, silver or platinum by weight. Lower-purity products can be taxable.
• Verify with: Michigan Department of Treasury

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