Md. Code, Tax - General § 11-214.1
Md. Code, Tax - General § 11-214.1
in effect§11–214.1.
(a) In this section:
(1) “precious metal bullion or coins” means:
(i) any precious metal that has gone through a refining process and is in a state or condition such that its value depends on its precious metal content and not on its form; or
(ii) except as provided in paragraph (2) of this subsection, monetized bullion, coins, or other forms of money that:
1. are manufactured from precious metals; and
2. are or have in the past been used as a medium of exchange under the laws of the State, the United States, or a foreign nation; and
(2) “precious metal bullion or coins” does not include jewelry or a work of art made of precious metal bullion or coins.
(b) The sales and use tax does not apply to a sale of precious metal bullion or coins if:
(1) the sale price is greater than $1,000; and
(2) the sale occurs at the Baltimore Convention Center.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://mgaleg.maryland.gov/mgawebsite/Laws/StatuteText?article=gtg§ion=11-214.1&enactments=falseFetched: 10/17/2026