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<p>[QUOTE=&quot;MIGuy, post: 7751792, member: 116145&quot;]In Michigan too - it&#039;s actually pretty broad, bullion is exempt too:&nbsp; </p><p><b>GENERAL SALES TAX ACT (EXCERPT)</b></p><p><b>Act 167 of 1933</b></p><p><br /></p><p><b>205.54s Sale of investment coins and bullion; exemptions; definitions.</b></p><p><br /></p><p><br /></p><p><br /></p><p>Sec. 4s.</p><p><br /></p><p>&nbsp; (1) A sale of investment coins and bullion is exempt from the tax under this act.</p><p>&nbsp; (2) As used in this section:</p><p>&nbsp; (a) &quot;Bullion&quot; means gold, silver, or platinum in a bulk state, where its value depends on its content rather than its form, with a purity of not less than 900 parts per 1,000.</p><p>&nbsp; (b) &quot;Investment coins&quot; means numismatic coins or other forms of money and legal tender manufactured of gold, silver, platinum, palladium, or other metal and issued by the United States government or a foreign government with a fair market value greater than the face value of the coins.</p><p><br /></p><p><b>History:</b> Add. 1999, Act 105, Imd. Eff. July 7, 1999 ;-- Am. <a href="http://www.legislature.mi.gov/mileg.aspx?page=PABillSearch&amp;paYear=2004&amp;paNumber=173" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.legislature.mi.gov/mileg.aspx?page=PABillSearch&amp;paYear=2004&amp;paNumber=173" rel="nofollow">2004, Act 173,</a> Eff. Sept. 1, 2004[/QUOTE]</p><p><br /></p>

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