In North Carolina, there is no sales tax on investment-grade precious metals such as gold, silver, platinum, and palladium bullion and coins. This exemption was established in July 2017.

Taxable Products in North Carolina

• Non-investment Precious Metals. This includes jewelry, numismatic coins (collectible coins), and other items where the value is determined by factors other than the precious metal content.
• Copper Products.
• Accessory Items. Items such as holders, tubes or coin flips.
• Processed Items. Precious Metals that have been processed by third parties into items valued on more than their Precious Metal content, such as jewelry, statues or colorized coins.

The applicable sales tax rate depends on the county where the purchase is made. The combined state and county sales tax rate can range from 6.75% to 7.5%.