Buying or Selling
Gold and Silver in Washington

Your comprehensive resource for buying and selling bullion in the state of Washington.

Investing in precious metals, whether bars or coins, is different from the average purchase in many ways. There are specific taxes and regulations to take into account, and these can vary depending on the state or city you live in.

Smart bullion and precious metals investors will do their homework before shopping for investment pieces. If you plan on buying or selling precious metals in the state of Washington, here are the taxes and regulations you should be aware of.

Washington Sales Tax

If you plan to purchase precious metal bullion in the state of Washington, you are in luck! Any bullion purchase is exempt from sales tax, regardless of the purchase amount. Keep in mind that medallions and jewelry made from precious metals are still taxable.

Washington Capital Gains Tax

Capital gains tax applies when the sale of precious metals leaves you with a profit. Your particular rate will be adjusted depending on your income; however, your rate will not exceed 25% in Washington.

Self-Directed IRA

A truly diversified portfolio includes precious metals, so when you're planning for retirement, consider adding qualified bullion to your Self Directed IRA. Contact us to get started or visit our Precious Metals IRA page to learn how you can invest.