{"data":{"id":"us-md/md.-code-tax-general-11-214.1","jurisdiction":"us-md","citation":"Md. Code, Tax - General § 11–214.1","heading":"","body":"(a) In this section:\n(1) “precious metal bullion or coins” means:\n(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\n(ii) except as provided in paragraph (2) of this subsection, monetized bullion, coins, or other forms of money that:\n1. are manufactured from precious metals; and\n2. 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\n(2) “precious metal bullion or coins” does not include jewelry or a work of art made of precious metal bullion or coins.\n(b) The sales and use tax does not apply to a sale of precious metal bullion or coins if:\n(1) the sale price is greater than $1,000; and\n(2) the sale occurs at the Baltimore Convention Center.","path":["Article - Tax - General"],"source_url":"https://mgaleg.maryland.gov/mgawebsite/Laws/StatuteText?article=gtg\u0026section=11-214.1","current_through":"2026-01-01","vintage":"","retrieved_at":"2026-09-14T20:01:18Z","sha256":"0d7b90e2026fb7beaa5542192e933d1fbf88e3a40208766e98450acb4864337f","source_id":"us-md","stale":false,"prev":"us-md/md.-code-tax-general-11-214","next":"us-md/md.-code-tax-general-11-215"},"notice":"GroundRules: Original legal text. Not legal advice."}