shopper approved
    2647.35
    8.07
    31.2
    -0.28
    946.28
    -2.85
    992.63
    0.45

    Mississippi Gold & Silver Bullion / Collectible State Sales Taxes

    Rules and Regulations for the State of Mississippi

    The State of Mississippi requires JM Bullion to collect use taxes on certain products sold by JM Bullion and delivered to a Mississippi address. These taxes must be collected on (1) any copper; (2) any coins that may have been or are currently used as a medium of exchange but are sold based on its value as a medium of exchange rather than its intrinsic value; (3) all precious metal bullion products comprised of gold, silver, platinum, or palladium; (4) accessory items; (5) processed items. All other products sold by JM Bullion are exempt from these taxes.

    The following definitions apply to products on which taxes must be collected in Mississippi:

    • Gold, silver, platinum, and palladium in the form of a bar, ingot, or round.  A
    • Medium of Exchange. Coins or currency that are acceptable as a measure of value and a standard of exchange for goods and services.
    • Accessory Items. Items such as holders, tubes, coin flips, and apparel.
    • Processed Items. Precious metals that have been processed by third parties into items that are valued on more than their precious metal content.

    Use taxes in Mississippi are calculated at checkout on the JM Bullion website based on (1) the taxability of products sold by JM Bullion in Mississippi set forth above, and (2) the specific tax rates established by the taxing jurisdiction of the delivery address in Mississippi.

    JM Bullion began collecting use taxes in Mississippi on October 1, 2018. Prior to July 1, 2023, the State of Mississippi required JM Bullion to collect use taxes on all products sold by JM Bullion and delivered to a Mississippi address. Our sales tax license number in Mississippi is 1381-2831.

    If you are a Mississippi-based reseller and wish to file a Reseller Certificate with JM Bullion, please download the Mississippi Reseller Certificate form here.  Once you have filled out this form, either email it to support@jmbullion.com; or mail it to JM Bullion, Inc., 11700 Preston Road, Suite 660153, Dallas, TX 75230.  Once we receive your completed Reseller Certificate, we will enter it into our system, and you will not be charged use taxes on future orders as long as your Reseller Certificate remains valid and in force.

    Please note:  The above is not a comprehensive description of sales tax laws and requirements in the State of Mississippi.  It is only intended to provide the reader with a brief overview of those sales tax laws and requirements currently in effect in the State of Mississippi that relate to the reader’s transactions with JM Bullion.  If you would like to research the sales tax laws and requirements in the State of Mississippi, we suggest you visit the Mississippi Department of Revenue located at http://www.dor.ms.gov/Pages/default.aspx.