Louisiana Sales Tax on Gold and Silver
CHECKED 2026-10-28. NOT TAX ADVICE.
Louisiana does not charge state sales tax on platinum, gold or silver bullion priced only by metal content, in coin or ingot form.
Numismatic (collector) coins are exempt only if the price is $1,000 or less, or if sold at a national, statewide or multi-parish coin show. Rules took effect October 1, 2017. This is the 2017 act text; I could not open the current codified statute to check for later changes.
General state sales tax rate: 5%. Act 340 of 2017 amending R.S. 47:301(16)(b)(ii) and adding R.S. 47:302(AA)(29), effective for sales and use tax from October 1, 2017. The 5% rate is from the Tax Foundation midyear 2026 table.
Where this comes from
Louisiana Legislature, Act 340 of 2017 (HB 396), enrolled. 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 Louisiana charge sales tax on gold and silver bullion?
Louisiana does not charge state sales tax on platinum, gold or silver bullion priced only by metal content, in coin or ingot form. Numismatic (collector) coins are exempt only if the price is $1,000 or less, or if sold at a national, statewide or multi-parish coin show. Rules took effect October 1, 2017. This is the 2017 act text; I could not open the current codified statute to check for later changes.
Where does this Louisiana rule come from?
Louisiana Legislature, Act 340 of 2017 (HB 396), enrolled: https://legis.la.gov/Legis/ViewDocument.aspx?d=1052204. 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.