Alabama Sales Tax on Gold and Silver
CHECKED 2026-10-28. NOT TAX ADVICE.
Alabama does not charge state sales tax on gold, silver, platinum or palladium bullion, including bars, ingots and coins, for now.
The exemption runs from June 1, 2018 until May 31, 2028 unless the legislature extends it. The metal must be refined and priced by its metal content, not by rarity, condition or age; jewelry and works of art are not covered. The Department's 2018 notice sets a 90% minimum metal content; it does not say whether the later extension changed that figure. Sales of gold to dentists and others who use it in services stay taxable.
General state sales tax rate: 4.00%. Act 2018-164 (eff. June 1, 2018); Code of Ala. 1975 section 40-23-4(a)(51); rule says exempt through May 31, 2028.
Where this comes from
Alabama Administrative Code, Dept. of Revenue Rule 810-6-2-.27 (Gold, Coin, and Bullion). Checked 2026-10-28. Local sales taxes and rules for specific items can differ, so read the source before you rely on it.
Under IRS Form 1099-B instructions, a sale of precious metals in a form and quantity that matches a CFTC-approved futures contract (for example, at least 25 gold coins of a covered type) can require the broker or dealer to report it; a single coin sale does not, and sales to the same customer within 24 hours are added together. irs.gov
General information only. This is not tax advice. Rules change and have exceptions.
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Quick answers
Does Alabama charge sales tax on gold and silver bullion?
Alabama does not charge state sales tax on gold, silver, platinum or palladium bullion, including bars, ingots and coins, for now. The exemption runs from June 1, 2018 until May 31, 2028 unless the legislature extends it. The metal must be refined and priced by its metal content, not by rarity, condition or age; jewelry and works of art are not covered. The Department's 2018 notice sets a 90% minimum metal content; it does not say whether the later extension changed that figure. Sales of gold to dentists and others who use it in services stay taxable.
Where does this Alabama rule come from?
Alabama Administrative Code, Dept. of Revenue Rule 810-6-2-.27 (Gold, Coin, and Bullion): https://admincode.legislature.state.al.us/api/chapter/810-6-2. Lustre checked it on 2026-10-28.
Is this tax advice?
No. It is general information from the source above. Rules change and have exceptions. Check with the state tax agency or a tax professional.