In Louisiana, the answer depends on what you're buying:
- Numismatic coins (collector coins) – Exempt from Louisiana sales tax.
- Gold, silver, and platinum bullion – Exempt from Louisiana sales tax.
- Paper currency (U.S. and foreign banknotes sold as collectibles) – Generally exempt as a sale of currency rather than taxable tangible personal property. However, the statutory exemption specifically references gold, silver, or numismatic coins and certain bullion, so unusual transactions may warrant confirmation with the seller or the Louisiana Department of Revenue.
Sales tax rate
For qualifying coin and bullion purchases, the effective Louisiana sales tax is:
- 0%
There is no minimum purchase amount required to qualify for the exemption. The exemption applies to both state and local sales taxes for qualifying items.
