Gold & Silver Sales Tax
Sales Tax and Shipping Location:
You might be charged sales tax depending on where you ship the products, not necessarily where you live. If the state you’re shipping to requires sales tax on the products you purchase,Ab&c Coins & Collectibles will collect it.
Supreme Court Rulings
The text explains two court rulings that affect online sales tax collection: Quill Corp v. North Dakota (1992): Businesses without a physical presence in a state couldn’t be forced to collect sales tax there. South Dakota vs Wayfair Inc. (2018): States can require online retailers to collect sales tax based on the destination of the shipment, not just the seller’s location.
What Ab&c Coins & Collectibles Bullion Collects Tax On (by Product Type)
The information you provided doesn’t include the specific details of which states require tax on which products. However, it explains different product categories and mentions SD Bullion has a state-by-state breakdown (not included).
Here are the product type definitions provided:
- All Products: Everything on the website.
- Accessories: Items in the accessories category.
- Processed Items: Antiqued proofs, jewelry, statues, and colorized products.
- Palladium/Copper: Any palladium or copper products.
- Silver Coins: Silver coins (excluding silver bars and rounds).
- Gold Coins: Gold coins (excluding gold bars).
- Platinum Bullion: Pure platinum products (bars).
- Platinum Coins: Any platinum coins.
- Numismatic Coins: Collectible coins valued more for rarity than metal content (graded or proof coins).
States We Collect Sales Tax On
To learn which products we have to collect sales tax on, click your “shipping to” state below:
Alabama Sales Tax
Ab&c Coins & Collectibles is required to collect Alabama sales tax on the following items:
Accessories Processed Items Copper Numismatics Items below .900 Purity
As required by Alabama law (Rule 810-6-2-.90.02 Simplified Sellers Use Tax Remittance Program), Ab&c Coins & Collectibles is required to notify its Alabama customers of the following:
Ab&c Coins & Collectibles, Inc. has collected the Simplified Sellers Use Tax on certain transactions delivered into Alabama and the tax will be remitted on the customer’s behalf to the Alabama Department of Revenue.
Ab&c Coins & Collectibles, Inc.’s program account number is SSU-R010072952.
Taxes in Alabama are calculated at checkout on the Ab&c Coins & Collectibles website based on (1) the taxability of products sold by Ab&c Coins & Collectibles in Alabama set forth above and (2) the Alabama Simplified Sellers Use Tax rate of
California Sales Tax
Georgia Sales Tax
Indiana Sales Tax
Ab&c Coins & Collectibles is required to collect Indiana sales tax on the following items
Louisiana Sales Tax
Michigan Sales Tax
Nebraska Sales Tax
Ab&c Coins & Collectibles is required to collect Nebraska sales tax on the following items
- Accessories
- Processed Items
- Copper
New York Sales Tax
Ab&c Coins & Collectibles is required to collect New York sales tax on the following items
- Accessories
- Processed Items
- Copper
- Any transaction if the aggregate amount for Precious Metals is less than or equal to $1,000
- Any transaction if the aggregate amount for Precious Metals is greater than $1,000 and one of the following is true:
- For Silver coins, if the sales price for the specific coin is greater than or equal to 140% of the Silver value in the specific coin;
- For Gold coins with 1/4 ounce or less of Gold in the specific coin, if the sales price of the specific coin is greater than or equal to 120% of the Gold value in the specific coin;
- For Gold coins with more than 1/4 ounce of Gold in the specific coin, if the sales price of the specific coin is greater than or equal to 115% of the Gold value in the specific coin;
- For Platinum or Palladium coins, if the sales price for the specific coin is greater than or equal to 115% of the Platinum or Palladium value in the specific coin;
- For bars, ingots, wafers or any other form in Gold, Silver, Platinum or Palladium, if the sales price of the specific item is greater than or equal to 115% of the Gold, Silver, Platinum or Palladium value in the specific item
Oklahoma Sales Tax
South Dakota
Vermont Sales Tax
Ab&c Coins & Collectibles is required to collect Vermont sales tax on the following items
- All Products
West Virginia Sales Tax
Alaska Sales Tax
Ab&c Coins & Collectibles is not required to collect Alaska state sales tax. However, some of the local jurisdictions require SD Bullion to collect sales tax on the following items
- All products
Colorado Sales Tax
Hawaii Sales Tax
Iowa Sales Tax
Maine Sales Tax
Minnesota Sales Tax
Nevada Sales Tax
Pennsylvania Sales Tax
Tennessee Sales Tax
Ab&c Coins & Collectible
is required to collect Tennessee sales tax on the following items
- Accessories
- Processed Items
North Carolina Sales Tax
Virginia Sales Tax
Ab&c Coins & Collectible is required to collect Virginia sales tax on the following items
- Copper Bullion
- Palladium Bullion
- Numismatic Bullion
- Accessory Items
- Processed Items
Wisconsin Sales Tax
Ab&c Coins & Collectible is required to collect Wisconsin sales tax on the following items
Arizona Sales Tax
Connecticut Sales Tax
Idaho Sales Tax
Ab&c Coins & Collectible is required to collect Idaho sales tax on the following items
- Accessories
- Processed Items
- Copper
Kansas Sales Tax
Maryland Sales Tax
Mississippi Sales Tax
New Jersey Sales Tax
North Dakota Sales Tax
Rhode Island Sales Tax
Texas Sales Tax
Washington Sales Tax
Wyoming Sales Tax
Ab&c Coins & Collectible is required to collect Wyoming sales tax on the following items
- Accessories
- Processed Items
- Copper
- Gold or silver coins not used as mediums of exchange
- Gold or silver bullion which is not coined, stamped or imprinted with its weight and purity and valued primarily based on its metal content and not its form
Arkansas Sales Tax
Florida Sales Tax
Illinois Sales Tax
Kentucky Sales Tax
Massachusetts Sales Tax
Missouri Sales Tax
New Mexico Sales Tax
Ohio Sales Tax
Ab&c Coins & Collectible is required to collect South Carolina sales tax on the following items
- Accessories
- Processed Items
- Copper
- Palladium
As required by South Carolina law, SD Bullion is required to notify its South Carolina customers of the following:
INDIVIDUAL 85 YEARS AND OLDER ARE ENTITLED TO A 1% STATE SALES TAX REDUCTION ON ITEMS PURCHASED FOR YOUR PERSONAL USE. YOU MUST ASK FOR THE REDUCTION AND PRESENT PROOF OF YOUR AGE.
If you are a South Carolina customer who wishes to claim this 1% reduction in sales tax, please place your order with us over the phone at 1-800-294-8732. One of our customer service representatives will place your order for you and apply the 1% reduction in sales tax. Before your order is shipped, you will be required to mail, email or fax a copy of a document to SD Bullion providing proof of your age.
South Carolina Sales Tax
Ab&c Coins & Collectible is required to collect South Carolina sales tax on the following items
- Accessories
- Processed Items
- Copper
- Palladium
As required by South Carolina law, SD Bullion is required to notify its South Carolina customers of the following:
INDIVIDUAL 85 YEARS AND OLDER ARE ENTITLED TO A 1% STATE SALES TAX REDUCTION ON ITEMS PURCHASED FOR YOUR PERSONAL USE. YOU MUST ASK FOR THE REDUCTION AND PRESENT PROOF OF YOUR AGE.
If you are a South Carolina customer who wishes to claim this 1% reduction in sales tax, please place your order with us over the phone at 1-800-294-8732. One of our customer service representatives will place your order for you and apply the 1% reduction in sales tax. Before your order is shipped, you will be required to mail, email or fax a copy of a document to SD Bullion providing proof of your age.