Try silvertogo if you're in the uk.
It may be a little help If you want to buy at European prices as it is based in the Uk and Germany. https://www.silver-to-go.com/en/
'We make a living by what we get, we make a life by what we give.'
Sir Winston Churchill
In the US we have a farcical situation where you have to pay sales tax but only on purchases within your own state, the other 49 are free. It's twice as bad for those of us in Florida, we have a higher than average sales tax because we don't pay income tax. (it's our sneaky way of making the Yanquis pay for everything)
Non illegitimis carborundum est. Excellent advice for all coins.
Make Numismatics Great Again!
In Pennsylvania residents are supposed to pay Pennsylvania sales tax on purchases made out of state and there is a special line on the state income tax return to include same. The trouble (for the state) is the state has no way of tracking such purchases. For coin collectors, purchases of coins made over the Internet are exempt from tax. I caught a Pennsylvania dealer on eBay who was pocketing such tax for himself when he collected from Pennsylvania residents. I once made a large purchase of currency from Turkey and had to pay a customs charge before it would be delivered and then Customs reported it to Pennsylvania where I had to pay sales tax, since currency is not exempt from the tax, only coins.
Citeer: "Coinman48"pnightingale,
In Pennsylvania residents are supposed to pay Pennsylvania sales tax on purchases made out of state and there is a special line on the state income tax return to include same. The trouble (for the state) is the state has no way of tracking such purchases. For coin collectors, purchases of coins made over the Internet are exempt from tax. I caught a Pennsylvania dealer on eBay who was pocketing such tax for himself when he collected from Pennsylvania residents. I once made a large purchase of currency from Turkey and had to pay a customs charge before it would be delivered and then Customs reported it to Pennsylvania where I had to pay sales tax, since currency is not exempt from the tax, only coins.
Will
Just shows how greedy people can be
'We make a living by what we get, we make a life by what we give.'
Sir Winston Churchill
Citeer: "Coinman48"pnightingale,
In Pennsylvania residents are supposed to pay Pennsylvania sales tax on purchases made out of state and there is a special line on the state income tax return to include same. The trouble (for the state) is the state has no way of tracking such purchases. For coin collectors, purchases of coins made over the Internet are exempt from tax. I caught a Pennsylvania dealer on eBay who was pocketing such tax for himself when he collected from Pennsylvania residents. I once made a large purchase of currency from Turkey and had to pay a customs charge before it would be delivered and then Customs reported it to Pennsylvania where I had to pay sales tax, since currency is not exempt from the tax, only coins.
Will
It seems very wrong for one State to be demanding revenues from a transaction taking place outside of it's boundaries Will.
There an exemption from sales tax for US coins in every state that I've done business with so I'm guessing that's federally mandated. Aye, I've caught more than one crooked dealer trying to charge "sales tax" on US coins. I've even seen people with fleamarket stalls try to pull it off. I just refuse to give such people my business.
Locally there's also an exemption for purchases over $500 but in practice everyone I know will forget about it no matter the total if you are paying with cash. As always, cash is king and long may it remain so.
Non illegitimis carborundum est. Excellent advice for all coins.
Make Numismatics Great Again!
The states that want sales tax on out of state purchases by their residents call it a use tax (they are taking the items purchased back to their state for use--so if you buy a sandwich out of state and eat it of state, there is no tax by state of residence but if you buy a book out of state and read it at home, there is tax due). The use tax rate just happens to match the sales tax rate. And if you are having the item shipped to you in Pennsylvania, tax is also due on the shipping and handling charge.
No, there's no federally mandated tax exemption on coins. Here's a link to a list which includes information on state taxation of coins and paper money.
Many states and even the District of Columbia do tax coins. And some tax foreign but not US. In Pennsylvania exemption has been in place since 2006 or maybe 2007; before, sales tax was charged on the amount of sale that was above face value of legal tender US coins.
Interesting. So it's conceivable then that you may pay sales tax on a sandwich in the State which it was made, followed by a use tax if you eat it elsewhere? Theoretically I mean, I understand what you mean about it being unenforceable. I don't think we're quite at the point where govt. agents follow you from Subway in an unmarked car. I guess you can add the taxes you pay in order to drive your vehicle to and from the sandwich shop and to pay for the safe, environmentally disposal of your wrapper. That's a lot of taxes for one little sandwich. No wonder I'm becoming an anti government recluse with an increasing taste for bartering.
Non illegitimis carborundum est. Excellent advice for all coins.
Make Numismatics Great Again!
This is off topic but your comment about unmarked cars following people from Subway reminded me of 2 experiences I had when living in Australia from 1974 to 1977. When I arrived I was surprised to learn there was a tax (license fee) on watching TV. Inspectors would actually come around and try to catch you watching TV (if the set was warm even if off, you owed the tax). Luckily this tax ended a few months after I arrived. The other thing that surprised me was the mandatory voting. The Post Office enforced this and I was delivered a form to explain why I had not been voting. It was an interesting experience living there and I sometimes wonder what would have happened to me if I had stayed.
Citeer: "Coinman48"pnightingale,
This is off topic but your comment about unmarked cars following people from Subway reminded me of 2 experiences I had when living in Australia from 1974 to 1977. When I arrived I was surprised to learn there was a tax (license fee) on watching TV. Inspectors would actually come around and try to catch you watching TV (if the set was warm even if off, you owed the tax). Luckily this tax ended a few months after I arrived. The other thing that surprised me was the mandatory voting. The Post Office enforced this and I was delivered a form to explain why I had not been voting. It was an interesting experience living there and I sometimes wonder what would have happened to me if I had stayed.
Will
HaHaHa!!!!!
T.V. police!
'We make a living by what we get, we make a life by what we give.'
Sir Winston Churchill
what an incredible conversation this is turning out to be
wow
I am starting to trade again please
Open to trades with members in the United States and Canada at this time
Please help me find Canadian Coins for my collection!!!
