Georgia, the sale of bullion, coins, and legal-tender currency is exempt from state and local sales tax. The effective sales tax on qualifying coin and currency purchases is 0%. This exemption is specifically provided under Georgia's sales and use tax regulations.
The exemption generally applies to:
- U.S. coins
- Foreign coins
- Paper currency
- Gold, silver, platinum, and other bullion whose value is based primarily on its metal content
- Rare and collectible coins that were issued as legal tender
The exemption does not apply to:
- Jewelry containing coins or bullion
- Medals or medallions that were never legal tender (unless they qualify as bullion based on metal content)
- Other taxable collectibles that are not legal tender
