West Virginia Sales Tax on Gold and Silver

CHECKED 2026-10-28. NOT TAX ADVICE.


No sales tax on bullion

West Virginia does not charge sales tax on investment gold and silver bullion and coins.

Investment metal bullion is refined gold, silver, platinum or palladium valued for its metal content, not its form. Investment coins are U.S. or foreign numismatic or legal tender coins worth more than face value. Metal made for industrial, artistic or similar use, jewelry or art made from coins, and commemorative medallions are not covered. I read the 2019 enrolled bill, not the current code page, which would not load.

General state sales tax rate: 6%. Enacted 2019 SB 502, effective July 1, 2019; bill numbers it 11-15-9q, other sources cite W. Va. Code 11-15-9r. Rate 6% per tax.wv.gov sales tax page.

Source

Where this comes from

West Virginia Legislature, 2019 Enrolled Committee Substitute for Senate Bill 502 (Exemption for precious metals). 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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Questions

Quick answers

Does West Virginia charge sales tax on gold and silver bullion?

West Virginia does not charge sales tax on investment gold and silver bullion and coins. Investment metal bullion is refined gold, silver, platinum or palladium valued for its metal content, not its form. Investment coins are U.S. or foreign numismatic or legal tender coins worth more than face value. Metal made for industrial, artistic or similar use, jewelry or art made from coins, and commemorative medallions are not covered. I read the 2019 enrolled bill, not the current code page, which would not load.

Where does this West Virginia rule come from?

West Virginia Legislature, 2019 Enrolled Committee Substitute for Senate Bill 502 (Exemption for precious metals): https://www.wvlegislature.gov/Bill_Text_HTML/2019_sessions/RS/bills/SB502 SUB1 enr.htm. 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.