Virginia

Silver price in Virginia

Spot is $69.09/oz right now. Spot is the same everywhere — what changes in Virginia is the premium dealers charge over it and whether the state taxes the purchase.

Sales tax on bullion

Silver bullion is exempt in Virginia

State rate: None recorded
Exemption threshold: None
Source read on: 2026-08-16

What the tax would cost here

State rate only · local rates stack on top

On a $500 order: $0.00
On a $1,000 order: $0.00
On a $2,500 order: $0.00
On a $10,000 order: $0.00

Nothing is owed at the state level on any order size, so premium and shipping are the whole cost difference here.

How common is this answer

34 of 51 states treat bullion this way

Exempt34
No sales tax5
Above a threshold5
Taxed7

The rule, as Virginia writes it

Virginia exempts gold, silver or platinum bullion and legal tender coins under Va. Code §58.1-609.1(19). The exemption runs on a sunset the legislature extends in the budget rather than the code, which is why the codified text still reads “effective through June 30, 2025”. Item 3-5.22 of the 2026 Appropriation Act (HB30, Special Session I, ch. 1) extended it to 1 July 2028. Bullion means metal refined so its value depends on mass and purity rather than form; jewellery and works of art are excluded.

Source: Virginia Department of Taxation — 2026 legislative summary: bullion exemption sunset extended to 1 July 2028 · read on 2026-08-16

What this page cannot tell you

Whether tax is actually charged depends on the dealer, not only on where you live: a retailer collects sales tax in states where they have nexus.

Local city and county rates stack on top of any state rate shown here, and several exemptions cover investment bullion but not jewellery or collectibles sold well above melt.

What silver costs from the dealers we check

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Check another rule

24 more states with a sourced rule

Gold price and bullion tax in Virginia →Every state’s rule on one page →

Tax information is a sourced, dated reading of a public document, not tax advice. Rules change; confirm with Virginia before a large purchase. Flag image: public domain via Wikimedia Commons.