The state sales tax rate in Missouri is 4.225%. However, cities, counties, and special districts may impose additional local sales taxes, so the combined rate can vary depending on the location. In Missouri, the tax on precious metals depends on the specific type of metal and its purity.

Taxable Products in Missouri

• Bullion Items with a Purity of Less than .900.
• Non-Investment Coins.
• Copper Products.
• Accessory Items.
• Processed Items.

Exemptions:

• Gold, Silver, Platinum, and Palladium Bullion and Coins with a Purity of .999 or higher.
• Legal Tender Coins like American Eagles, Canadian Maple Leafs, etc.

Capital Gains Tax:

Missouri follows the federal capital gains tax rules for profits made from the sale of precious metals. The rate depends on your income level and can range up to 28%.