Pennsylvania Precious Metal Sales Taxes

 

How Does Pennsylvania Tax Precious Metals?

Compared to many states, Pennsylvania has a unique set of sales tax rules concerning online bullion sales. In addition to both accessories and processed items, Pennsylvania’s tax code dictates that we are required to collect sales taxes on all bullion coins that are not considered legal tender in a sovereign country. Regardless of the state where you are when you make the purchase, products in these three categories purchased from Hero Bullion are subject to sales tax collection if they are being shipped to an address in Pennsylvania. 

Still have questions? Here’s a brief breakdown of sales taxable products according to Pennsylvania regulations: 

Taxable Product	Definition
Copper Products	Products made primarily using copper bullion are considered taxable in Pennsylvania, regardless of purity, size, or monetary amount.
Non-Currency Coins	Bullion coins that are, or have ever been, considered legal tender in a sovereign country are not subject to sales tax collection. If a coin has never been considered legal tender, however, we are required to collect sales tax on it.
Accessories	Accessories are non-bullion items, many of which are used to help collectors store or maintain their collectable items. Hero Bullion sells several products in this category, including coin tubes, cleaning supplies, gloves, and display holders. Accessories are taxed in Pennsylvania.
Processed Bullion	Bullion products processed in order to add value to their base precious metal content are considered “process products.” Pennsylvania is one of many states that requires sales tax collection for these items.

How Does Hero Bullion Calculate Sales Taxes in Pennsylvania? 

We make buying bullion simple by automatically calculating sales tax for your state and adding it to your checkout total. Questions that you may have about how we determine or apply sales tax amounts can be addressed to our customer service team.

A more comprehensive account of Pennsylvania’s sales tax regulations for bullion products and accessories can be accessed on the website for the Pennsylvania Department of Revenue. Because tax laws can change, frequent customers should check back here regularly for any important updates on our sales tax collection obligations.