Ohio Sales Tax on Gold and Silver
CHECKED 2026-10-28. NOT TAX ADVICE.
Ohio does not charge sales tax on investment gold and silver bullion and coins.
Ohio exempts investment metal bullion and investment coins. An investment coin is any coin made mostly of gold, silver, platinum, or palladium. Collector coins made mainly of other metals, such as copper and nickel, and paper money do not qualify. The exemption was dropped in an earlier budget and restored by H.B. 110 on October 1, 2021. The Ohio code page could not be opened.
General state sales tax rate: 5.75%. R.C. 5739.02, H.B. 110, signed July 1, 2021; effective October 1, 2021.
Where this comes from
Coin World: New Ohio law grants sales-tax exemption for bullion purchases (a compiled source, not the state agency itself). 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 Ohio charge sales tax on gold and silver bullion?
Ohio does not charge sales tax on investment gold and silver bullion and coins. Ohio exempts investment metal bullion and investment coins. An investment coin is any coin made mostly of gold, silver, platinum, or palladium. Collector coins made mainly of other metals, such as copper and nickel, and paper money do not qualify. The exemption was dropped in an earlier budget and restored by H.B. 110 on October 1, 2021. The Ohio code page could not be opened.
Where does this Ohio rule come from?
Coin World: New Ohio law grants sales-tax exemption for bullion purchases (a compiled source, not the state agency itself): https://www.coinworld.com/news/precious-metals/new-ohio-law-grants-sales-tax-exemption-for-bullion-purchases. 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.