Coins, currency, and bullion

There is exempt from the tax imposed by this chapter the sale of all coins, currency, and bullion that are: (1) Manufactured in whole or in part from gold, silver, platinum, palladium, or other material; (2) Used solely as legal tender, security, or commodity in this or another state, the United States, or a foreign nation; and (3) Sold based primarily on their intrinsic value as precious material or collectible items rather than their representative value as a medium of exchange. Added by 2022 Tenn. Acts, ch. 1092,s 1, eff. 5/27/2022. There is exempt from the tax imposed by this chapter the sale of all coins, currency, and bullion that are: (1) Manufactured in whole or in part from gold, silver, platinum, palladium, or other material; (2) Used solely as legal tender, security, or commodity in this or another state, the United States, or a foreign nation; and (3) Sold based primarily on their intrinsic value as precious material or collectible items rather than their representative value as a medium of exchange. Added by 2022 Tenn. Acts, ch. 1092,s 1, eff. 5/27/2022.