Buying gold in Charlotte, NC
North Carolina does not charge sales tax on qualifying gold bullion and coins. Jewelry is taxed at the 4.75% state rate plus any local tax. The combined state and local sales tax rate in Charlotte is about 8.25%.
Gold has one national spot price in US dollars: the prices on this page are the same as on the gold price in the United States page. What differs in Charlotte is tax, explained below and on the North Carolina page.
Sales tax on gold in Charlotte
Not on investment bullion. Investment metal bullion, investment coins (market value above face) and non-coin currency have been exempt since July 1, 2017 (G.S. 105-164.13(69)). Jewelry and fabricated items are taxable. The combined state and local rate is about 8.25% here.
Full state rules: gold price and tax in North Carolina.
Tax when you sell gold in North Carolina
Profits on gold are generally taxed by North Carolina like other investment gains, under its income tax rules. At the federal level, the IRS treats bullion and most gold coins as collectibles: long-term gains (assets held more than a year) are taxed at your ordinary rate, capped at 28%, and short-term gains as ordinary income.
Buying and selling rules in North Carolina
Dealers report a customer's sale to the IRS on Form 1099-B only for certain forms and quantities, such as 1-kilo gold bars, 1,000 ounces of silver bars or 25 or more Krugerrands or Maple Leafs; American Eagles and smaller lots are generally not reported. Any business that receives more than $10,000 in cash in one transaction or related transactions files IRS Form 8300. Bring a photo ID when you sell.
Tax and duty information last reviewed October 2026. Rules change — confirm with your dealer or tax authority before a large purchase.