Buying gold in Phoenix, AZ
Arizona does not charge sales tax on qualifying gold bullion and coins. Jewelry is taxed at the 5.6% state rate plus any local tax. The combined state and local sales tax rate in Phoenix is about 8.6%.
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 Phoenix is tax, explained below and on the Arizona page.
Sales tax on gold in Phoenix
Not on investment bullion. Investment-grade precious metal bullion and monetized bullion (bullion coins) are exempt from Arizona transaction privilege (sales) tax. Numismatic or collectible-priced coins and jewelry can be taxable. The combined state and local rate is about 8.6% here.
Full state rules: gold price and tax in Arizona.
Tax when you sell gold in Arizona
Since 2017 (HB 2014), capital gains on gold/silver bullion and specie coins are subtracted from Arizona taxable income. 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 Arizona
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.