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Government-issued coins with a face value, such as American Silver Eagles and American Gold Eagles, are exempt from any sales taxes. This is because they are legal tender money and are priced based on the value of their metal content rather than any numismatic value.
Food, food products, and beverages are exempt from Vermont Sales and Use Tax under Vermont law 32 V.S.A. § 9741(13) with the exception of soft drinks.
(1) Sales of Coins. The transfer of coins for use solely as a medium of exchange, i.e., as legal tender, is not subject to tax even though the transferee pays an amount exceeding the face amount. For example, tax does not apply to a transaction whereby a coin changer returns only 95 cents on a dollar.
Vermont Sales Tax is charged on the retail sales of tangible personal property unless exempted by law. The sales tax rate is 6%. Vermont Use Tax is imposed on the buyer at the same rate as the sales tax.
Under California tax laws and regulations, .boe.ca.gov, a sales tax will apply to any sale of coins or bullion comprised for gold or silver. However, there is an exemption for a single transaction which exceeds $1,500, which does not apply to any paper currency transactions.
TAXES IN VERMONT This includes numismatic coins?those sold for their rarity as opposed to their precious metal content?and s, medallions and other less common forms of bullion. As well as the state tax of 6% there are also local tax rates that increase this, which means 6% is the minimum you will pay in Vermont.
Sales Tax. A sales tax of 6% is imposed on the retail sales of tangible personal property (TPP) unless exempted by Vermont law.