State tax guide · verified 2026-08-28

Does Minnesota charge sales tax on gold and silver?

No. Minnesota exempts precious-metal bullion, and since 2023 the exemption also covers coins and currency.

• The original 2017 exemption was purity-scoped bullion only; 2023 legislation broadened it to coins and currency.
• Verify with: Minnesota Department of Revenue

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