In South Carolina, the sales tax on coins and currency is generally 0% because qualifying coins and currency are exempt from sales tax.
South Carolina exempts:
- ✅ Gold, silver, and platinum bullion
- ✅ Coins that are or have been legal tender in the United States or another country
- ✅ Currency (paper money)
The exemption was added under South Carolina sales tax law effective July 1, 2007. Dealers claiming the exemption must maintain documentation identifying exempt sales.
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