AK No exemptions Last reviewed: April 2026

Rules of Gold in Alaska

The six facts

Statute-level rules. Each fact is sourced; click through to the primary citation.

No state tax

Sales tax on bullion

Alaska does not have a state sales and use tax. The Alaska Department of Revenue confirms: "The State of Alaska currently does not have a sales and use tax; however, some local jurisdictions impose local sales taxes." No state-level bullion exemption exists because no state sales tax applies. Local municipalities may levy their own sales taxes; SB 162 prohibits boroughs and cities from imposing sales tax on the precious-metal content of specie during sale or exchange.

Pending

Recognized as legal tender

Senate Bill 162 (34th Legislature, 2025–2026) declares gold and silver specie as legal tender in Alaska "to the fullest extent allowed by art. I, sec. 10, clause 1, of the Constitution of the United States." Specie is defined as "gold or silver valued primarily based on its metal content and in the form of (A) coin; or (B) bullion that is stamped or imprinted with its weight and purity." As of 2026-03-20, SB 162 is in the Senate Finance Committee pending further action.

As of 2026-03-20 · high confidence

Capital gains on bullion

Alaska does not have a state personal income tax. The Alaska Department of Revenue states: "The State of Alaska currently does not have an individual income tax, therefore no employee withholding for state income tax is required." Because Alaska has no state income tax, capital gains from the sale of precious metals are not subject to Alaska state tax. No capital-gains exemption is needed.

State bullion depository

Alaska has not authorized a state bullion depository. No enabling legislation was identified in searchable Alaska Legislature records (2021–2026). No depository is operational, authorized, or in study phase.

As of 2026-04-25 · medium confidence

No disclosure

State gold & silver reserves

The Alaska Permanent Fund Corporation (APFC), which manages the Alaska Permanent Fund (~$86.3 billion as of 2026), does not publish evidence of physical precious-metals holdings in its official asset allocation. The 2025 Annual Report lists eight asset classes: public equities (32%), fixed income (20%), private equity (18%), real estate (11%), private income (10%), absolute return (7%), tactical opportunities (1%), and cash (1%). Physical bullion or specie is not disclosed as a holding category.

As of 2026-04-25 · high confidence

No disclosure

Pension fund holdings

Alaska's public retirement systems (Alaska Public Employees' Retirement System and Teachers' Retirement System) do not disclose physical gold or silver holdings in published comprehensive annual financial reports. Standard investment portfolios focus on equities, bonds, real estate, and alternative investments; no physical bullion is listed as a holding category in available CAFR summaries.

As of 2026-04-25 · medium confidence

What this means for buyers

When you buy bullion in Alaska: Alaska has no state sales tax of any kind, so bullion isn’t taxed at the state level. Local sales taxes (city or borough) may still apply in some jurisdictions — verify before transacting.

When you sell or otherwise realize a gain: Alaska has no state income tax, so capital gains on bullion sales aren’t taxed at the state level. Federal capital-gains tax still applies — the 28% collectibles rate for physical bullion held more than a year is the typical case.

On state legal tender: a legal-tender bill is currently pending or scheduled to take effect. Watch the effective date — once active, specie-recognition protections kick in. The fact card above has the bill number and status.

A mixed picture — some friction on entry or exit, but a real exemption to plan around. Read the fact cards above and consider how each rule applies to your transaction size.

Coin & bullion dealers in Alaska

Verified retail dealers — sourced from state corporation registries, BBB, and trade associations.

Full directory

Alaska Rare Coins

Fairbanks

PCGS Authorized Dealer (verbatim from PCGS)

View dealer

American Rarities (Alaska coverage)

unconfirmed AK presence

A+ BBB rated

View dealer

Carl’s Coins (DBA “Uncommon Cents”)

Anchorage

PCGS Authorized Dealer (verbatim from PCGS directory)

View dealer

Oxford Assaying & Refining

Anchorage

none directly verified at capture (PCGS/NGC referenced for grading, not…

View dealer

About this page. Each fact on this page links to its primary source. State laws change, so confirm material facts with your CPA or the state Department of Revenue before acting on a transaction. Fair Market Value does not provide legal or tax advice.

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