When buying GOLD always check you LCS first, why is this important ? if you buy online the taxes are ridiculous ! for instance a 100 gram bar on eBay will cost you an extra $563.71 in taxes ! all states have there rules regarding taxes in my state ( Nevada ) does not charge taxes of any kind when it comes to GOLD bullion and coins so that’s a huge savings ! I also checked my favorite place to buy Liberty coin galleries in California and there tax rules are no tax on purchases above $2,000 below that amount they charge tax so something to consider. Also in my state at least, if you buy or sell a kilo of GOLD bullion you will receive a 1099 tax form from your local dealer and will be taxed on that amount but this only applies to bars not coins such as buffalos and AGE,S.
That's the law for California buyers. Selling to you in NV, either they wouldn't charge you, or they're violating the law. Same with eBay sellers, although good luck getting eBay to fix things. (If it's listed in a non-coins-and-bullion category, they might be taxing it as a different kind of product.)
Man, I'm so glad I purchased my collection of Mexican 50 pesos from Northern Nevada's Broken CC coin shop in the mid 90's. All before prices increased and this mishigas began with taxes & new eBay rules. J.T.
