Gold, Taxed
Educational only. Not tax, legal or financial advice, and not a recommendation to buy anything. Rates and thresholds are set by statute and change; check your own position with a CPA or enrolled agent.

Sales Tax on Gold and Silver in Kansas

Kansas exempts gold and silver coins and gold, silver, platinum and palladium bullion from sales tax, with no purity test and no dollar threshold.

Kansas does not charge sales tax on gold or silver coins, or on palladium, platinum, gold or silver bullion. The exemption has been in place since July 1, 2019, when it was added by 2019 House Bill 2140 and codified at K.S.A. 79-3606(mmmm).

What the Kansas exemption covers

The statute lists two categories. The first is all sales of gold or silver coins. The second is palladium, platinum, gold or silver bullion. The statute defines “bullion” as bars, ingots or commemorative medallions of gold, silver, platinum, palladium, or a combination of those metals, whose value depends on metal content rather than form.

That definition matters for commemorative medallions: a medallion of one of the named metals is treated as bullion when its worth comes from the metal it contains. Bars and ingots of the named metals fall under the same wording.

What the wording does not name

The coin exemption names gold and silver coins only. Platinum and palladium coins are not named in the coin wording, so the statute does not extend the coin exemption to them. Platinum and palladium are named in the bullion wording, which covers bars, ingots and commemorative medallions of those metals.

Kansas sets no purity test and no dollar threshold. A purchase does not have to reach a minimum amount, and the metal does not have to meet a fineness standard, for the exemption to apply.

Local sales taxes

The exemption applies to the state sales tax. The statute does not address how local sales taxes are handled, so buyers should confirm the local treatment with the Kansas Department of Revenue or a local taxing authority before a large purchase.

Kansas gold and silver tax treatment at a glance

ItemKansas treatment
Gold coinsExempt
Silver coinsExempt
Platinum or palladium coinsNot named in the coin exemption
Gold, silver, platinum or palladium bullion (bars, ingots, commemorative medallions)Exempt
Purity testNone in the statute
Dollar thresholdNone in the statute
Effective dateJuly 1, 2019 (2019 House Bill 2140, K.S.A. 79-3606(mmmm))

What buyers commonly get wrong

One common error is assuming the exemption applies only above a certain purchase size. Kansas sets no dollar threshold, so the size of the transaction does not decide whether the exemption applies.

Another is assuming a purity standard must be met. The statute contains no purity test, so a buyer does not need to check fineness to know whether the exemption is written to apply.

A third is treating all coins the same. The coin exemption names gold and silver coins; platinum and palladium coins are not named in that wording. Platinum and palladium appear instead in the bullion wording, which covers bars, ingots and commemorative medallions.

A fourth is reading “bullion” as a shape requirement. Under the statute, the test is whether value depends on metal content rather than form, and the definition expressly includes commemorative medallions alongside bars and ingots.

Checking the rule

The rule was checked in October 2026 against the statute text and the Department of Revenue notice. The statute text was unchanged in the current 2026 revisor version. Tax law can change with new legislation, so confirm the current treatment with the state before a large purchase.

Official sources: K.S.A. 79-3606, Kansas Revisor of Statutes and Kansas Department of Revenue Notice 19-02.

For general background on how precious metals are taxed, see sales tax on gold. For a specific transaction or business situation, consult a tax professional or your own preparer.

Common questions

Does Kansas charge sales tax on gold and silver bullion?

No. Kansas exempts palladium, platinum, gold and silver bullion from sales tax under K.S.A. 79-3606(mmmm), effective July 1, 2019. The statute defines bullion as bars, ingots or commemorative medallions of those metals whose value depends on metal content rather than form.

Is there a minimum purchase amount for the Kansas bullion exemption?

No. The statute sets no dollar threshold, so the exemption is not limited to purchases above a certain amount. It also sets no purity test.

Are platinum and palladium coins exempt in Kansas?

The coin exemption names gold and silver coins only. Platinum and palladium coins are not named in that wording. Platinum and palladium are named in the bullion wording, which covers bars, ingots and commemorative medallions of those metals.

Do local sales taxes apply to bullion in Kansas?

The statute does not address local sales taxes. Buyers should confirm the local treatment with the Kansas Department of Revenue or the relevant local taxing authority before a large purchase.

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