Tenn. Code § 67-6-350

Current through Acts 2023-2024, ch. 1069

Section 67-6-350 - 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.

T.C.A. § 67-6-350

Added by 2022 Tenn. Acts, ch. 1092,s 1, eff. 5/27/2022.