In South Carolina, most purchases of precious metals like gold, silver, platinum, and palladium are exempt from sales tax. This includes bullion, coins, and rounds. However, there are some exceptions:

• Numismatic Products. Items with a value beyond their precious metal content due to rarity, condition, or historical significance may be taxable.
• 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.

Important Note: While the purchase of most precious metals is exempt from sales tax in South Carolina, this exemption applies to the state sales tax. Some local jurisdictions may impose a local sales tax on these items.