New Jersey Precious Metal Sales Taxes

 

How Does New Jersey Tax Precious Metals?

This page is intended to provide investors like yourself with a basic overview of how New Jersey’s tax laws apply to their online bullion purchases. Hero Bullion automatically calculates your sales taxes based on the address you provide during the checkout process.

A New Jersey law passed in 2024 exempted many precious metal products from sales tax collection, making it easier than ever for investors to save money while collecting the coins, bars, and rounds they love. 

According to the new law, non-monetized bullion products are exempt from sales tax collection in New Jersey, regardless of monetary value. Monetized bullion, coins and bars considered legal tender by a sovereign government, are subject to sales tax collection only if the value of the coin or bar fails to exceed $1,000. This minimum value refers to the value of the individual coins in an order and not the total value of your order.

Copper products and accessories are still taxed in New Jersey, as of May 2025.

Below, find an overview of how New Jersey defines taxable precious metal products.

Taxable Product	Definition
Copper Products	In New Jersey, products composed of copper are automatically subject to sales tax collection.
Accessories	Non-precious-metal accessories, such as coin flips, holders, or cleaners, are taxable when shipped to addresses in New Jersey.
Monetized Bullion	Monetized bullion refers to coins that are considered legal tender by any nation. Monetized bullion products are subject to sales tax collection only if the individual value of each coin is less than $1,000 USD.

How Does Hero Bullion Calculate Sales Taxes in New Jersey? 

All other products are considered sales tax-exempt in New Jersey.

Hero Bullion automatically calculates all relevant sales taxes at checkout using the address you provide to us. These taxes are added to your order total. If you have questions or concerns about New Jersey’s sales tax laws, please feel free to reach out to the New Jersey Tax Division of the state Treasury Department here.