New Hampshire gold and silver money law

There is no general sales tax on goods purchased in this state, so there is no sales tax on bullion or coin purchases to exempt.

Gold and silver are not recognized as legal tender in New Hampshire as of the verification date above.

No state-level exemption for precious metals. New Hampshire does not tax wages or general capital gains, but that follows from the state's overall tax structure rather than from any metals specific provision.

New Hampshire has never enacted a law making gold or silver legal tender, despite repeated attempts stretching back two decades. Secondary accounts describe an early effort in the 2005 session, a gold and silver coin and electronic currency bill said to have been drafted by constitutional lawyer Edwin Vieira and filed in the autumn of 2004 by state Representative Henry McElroy. This site has not been able to verify the sponsor, the drafter, the filing date, or the final disposition of that bill against any official New Hampshire legislative record, so every element of it is reported here as an unverified secondary account rather than as established fact.

The 2024 attempt was House Bill 1674, filed by Representative Keith Ammon with five cosponsors. It would have declared gold and silver legal tender, created a state bullion depository under the state treasurer, and authorized a blockchain based electronic currency backed by the metal on deposit. The House Commerce and Consumer Affairs Committee reported it for interim study on a 14 to 5 recorded vote rather than advancing it, the House adopted that motion by voice vote on February 22, 2024, and the committee closed the file on October 31, 2024 with an interim study report of Not Recommended for Future Legislation by a vote of 16 to 0. A second bill, House Bill 721-FN, was introduced in January 2025 to establish gold and silver as legal tender. It was retained in the same committee in March 2025, reported for interim study on a 17 to 0 vote on October 28, 2025, and referred for interim study by the full House on an adopted voice vote motion on January 7, 2026. The General Court still carries it with a status of interim study, so it has neither passed nor been formally killed.

New Hampshire has no statewide sales tax, so bullion and coin purchases already carry no state sales tax regardless of the legal tender question. That status predates and is unrelated to the gold and silver bills described above.