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  • Sales Tax at ou​r Auctions:

    • Will I need to pay sales tax on any items purchased in a Stack's Bowers Galleries auction?​

    Unless you have a valid resale certificate on file with Stack's Bowers Galleries, purchases made in/or shipped to certain locations are subject to local state tax laws. Below are some guidelines for your reference (which are not and are not intended to be a complete description of all applicable sale tax laws in all jurisdictions):

    COINS​

    CURRENCY

    ​Arizona
    -Exonumia Only
    ​Arizona

    California (for invoices less than $1,500)

    California

    ​Connecticut
    -Connecticut does NOT charge Sales Tax on Bullion invoices over $1,000
    Colorado

    Florida (for invoices of foreign coins, confederate material or bullion less than $500)

    Connecticut (for invoices less than $1,000)

    Kentucky

    Florida (for invoices of confederate or foreign currency less than $500)​​

    Louisiana (for invoices more than $1,000)
    - Louisiana does NOT charge Sales Tax on Platinum, Gold, and Silver Bullion that is valued solely upon its precious metal content, wheather in coin or ingot form​
    Kentucky

    Maine

    ​Louisiana

    Maryland (for invoices less than $1,000)

    Maine                 

    Massachusetts (for invoices less than $1,000)

    Maryland

    Minnesota

    -Minnesota does NOT charge Sales Tax on Bars and Rounds

    Massachusetts

    Nevada

    -Nevada does NOT charge Sales Tax on Silver and Gold Bullion

    Michigan

    New Jersey

    Minnesota

    New York, Sales Tax is charged on:

    -Numismatic Coins & Exonumia

    -Copper Bullion

    -Silver Bullion Coins that sells for more than 140% of their melt price

    -Gold Bulllion Coins that weighs 1/4 oz or less that sells for more than 120% of their melt price

    -Gold Bullion Coins that weighs more than 1/4 oz that sells for more than 115% of their melt price

    -Other Bullion (Gold or Silver BARS or ROUNDS, Platinum and Palladium that sell for more than 115% of their melt price

    There is NO Sales Tax Charged on:

    -Silver Bullion Coins that sell for less than 140% of their melt price

    -Gold Bulllion Coins that weighs 1/4 oz or less that sells for less than 120% of their melt price

    ​-Gold Bullion Coins that weighs more than 1/4 oz that sells for less than 115% of their melt price

    -Other Bullion (Gold or Silver BARS or ROUNDS, Platinum and Palladium that sell for less than 115% of their melt price

    Nevada

    Ohio, Sales Tax is charged on: 

    • ​-Copper coins; All copper bullion without regard to fineness;

    • -Any gold, silver, platinum or palladium bullion that doesn’t meet the fineness requirements below;

    • -The Accessory Items; and

    • -The Processed Items.

    • -ALL World Coins

    • There is NO Sales Tax Charged on:

          • -Any coin comprised primarily of gold, silver, platinum or palladium;

          • -Any bullion meeting the following minimum fineness:

                •          -Gold bullion with a minimum fineness of .995%

            •           -Silver bullion with a minimum fineness of .999%

            •           -Platinum bullion with a minimum fineness of .9995%

            •           -Palladium bullion with a minimum fineness of .9995%​​

    New Jersey

    Tennessee

    New York

     Vermont                   

    Ohio

    Virginia (for invoices less than $1,000)                    ​

    Oklahoma

     Wisconsin

    Pennsylvania

     

    Rhode Island

     

    Tennessee

    Vermont

    Virginia

     

    Washington

     

    Wisconsin

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