Gold: $1,342.18 0.12
Silver: $16.11 0.05
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Collectible / Gold and Silver State Sales Taxes in Massachusetts

Massachusetts Laws and Regulations

The State of Massachusetts requires the collection of sales taxes on certain products sold by Silver.com and delivered to a Massachusetts address.  These taxes must be collected on copper products; platinum products; palladium products; any gold or silver products where the sales price in a single transaction is less than $1,000; accessory items; and processed items.  All other products sold by Silver.com are exempt from these taxes.

The following definitions apply to products on which taxes must be collected in Massachusetts:

  • Accessory Items. Items such as holders, tubes, coin flips, and apparel.
  • Processed Items. Precious metals that have been processed by third parties into items that are valued on more than their precious metal content, such as statues or colorized coins.

Sales taxes in Massachusetts are calculated at checkout on the Silver.com website based on (1) the taxability of products sold by Silver.com in Massachusetts set forth above, and (2) the specific tax rates established by the taxing jurisdiction of the delivery address in Massachusetts.

Silver.com began collecting sales taxes in Massachusetts on October 1, 2018.  Our sales tax license number in Massachusetts is SLS-18830489-003.

Please note:  The above is not a comprehensive description of sales tax laws and requirements in the State of Massachusetts.  It is only intended to provide the reader with a brief overview of those sales tax laws and requirements currently in effect in the State of Massachusetts that relate to the reader’s transactions with Silver.com.  If you would like to research the sales tax laws and requirements in the State of Massachusetts, we suggest you visit the Massachusetts Department of Revenue located at https://www.mass.gov/orgs/massachusetts-department-of-revenue.