Edit: for coin dealers ONLY. Per your request to be added to the Heritage Gold Spreadsheet I have attached a Heritage Dealer Application. We only distribute the spreadsheet to dealers. Please complete the application and return to my attention via email or fax (doug@ha.com or 214-409-1702 fax) along with a copy of your state resale certificate. I'm far from being a coin dealer, but I received this email. So many of you probably did, too. Posting here for anyone interested who did not receive it. Dear Coin Dealer, If you don't already receive the dealer only Heritage Gold Spreadsheet and would like to receive it free via email or fax please email, call or fax us now. The spreadsheet gives dealers up-to-the-minute wholesale pricing of raw and certified U.S. pre-1933 gold, dollar bags cull to CU, Certified dollar pricing MS62-MS67, Proof gold and silver Eagles, our The Deal Of The Day specials, plus US Coin inventory for sale at dealer only prices. We are the largest volume wholesaler in pre 1933 U.S. gold in the world and have been for over 30 years. We want your business! Thank you, Doug Baliko Doug@HA.com Heritage Auctions 3500 Maple Ave. Dallas, TX 75219 1-800-872-6467 Ext. 1335 Lee Sanders LEE@HA.com Heritage Auctions 3500 Maple Ave. Dallas, TX 75219 1-800-872-6467 Ext. 1233
Got the same letter. I use Heritage Auction Archives for pricing. Seems similar, but in a more concise format. Too bad it's only for dealers.
Think they're trying to drum up more business by making everyone feel special? Why would Heritage sit around and watch other dealers sell their gold to end customers, when it can commit to deliver at slightly lower prices, and then buy the dealer's gold at a lesser price to fill the order themselves? The 900 lb gorilla just wants to gain more weight.
When they say "state resale certificate", I assume that is something specific to coins/numismatics and not just a sales tax license?
State resale certificate implies that you hold a state sellers permit and are exempt from sales tax. When you apply for a sellers permit there is generally a question of what you intend to sell. So if you own a mattress store, your sellers permit doesn't excuse you of paying sales tax on numismatic items and vice/versa. Heritage requires all dealers hold a state resale certificate to exempt your auction purchases from tax in states with a sales tax on coins. It is possible they are fishing for more dealers to sign up for the gold fax, or they made a mistake and sent the request to all the people who have purchased coins in the past.
I think it's more 'general' than that. You need one of those certificates if you are a business owner and are going to buy something to re-sell it again in the future. This way sales tax doesn't get charged twice for the same product.
