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<p>[QUOTE="Dougmeister, post: 3151951, member: 56842"]Anyone give me a hand with this?</p><p><br /></p><p>According to <a href="https://www.revenue.pa.gov/FormsandPublications/FormsforBusinesses/SUT/Documents/rev-717.pdf" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://www.revenue.pa.gov/FormsandPublications/FormsforBusinesses/SUT/Documents/rev-717.pdf" rel="nofollow">Retailer's Information (REV-717)</a> from the PA Dept of Revenue, the following are *not* taxable:</p><p><br /></p><p>* Bullion, investment metal</p><p>* Coins, investment (numismatic coins and legal tender)</p><p><br /></p><p>Several other sites reiterate that there is no sales tax "on coins or bullion". <a href="https://thecoinologist.com/sales-tax-state-by-state-breakdown/" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://thecoinologist.com/sales-tax-state-by-state-breakdown/" rel="nofollow">The Coinologist</a> adds that paper money *is* taxable (?).</p><p><br /></p><p>Q1) So if I buy old U.S. Currency out of state, I am to pay Use Tax on it?</p><p><br /></p><p>I don't know this website, but <a href="https://www.goldeneaglecoin.com/local/pennsylvania" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://www.goldeneaglecoin.com/local/pennsylvania" rel="nofollow">Golden Eagle Coin</a> goes out of its way to say:</p><p><br /></p><p>"There is an exemption for purchase of coins and bullion, <i>as long as the value is based on the metal content and not the form of the product</i>."</p><p><br /></p><p>Q2) So what does that mean for 5 oz ATB "quarters"? They make it sound like buying the "burnished" version of the 5-ouncers (~$150 or more) would be taxable, but the "bullion" versions (~$100 or so) would not be.</p><p><br /></p><p>[USER=25416]@dwhiz[/USER] ? [USER=71723]@V. Kurt Bellman[/USER]?[/QUOTE]</p><p><br /></p>
[QUOTE="Dougmeister, post: 3151951, member: 56842"]Anyone give me a hand with this? According to [URL='https://www.revenue.pa.gov/FormsandPublications/FormsforBusinesses/SUT/Documents/rev-717.pdf']Retailer's Information (REV-717)[/URL] from the PA Dept of Revenue, the following are *not* taxable: * Bullion, investment metal * Coins, investment (numismatic coins and legal tender) Several other sites reiterate that there is no sales tax "on coins or bullion". [URL='https://thecoinologist.com/sales-tax-state-by-state-breakdown/']The Coinologist[/URL] adds that paper money *is* taxable (?). Q1) So if I buy old U.S. Currency out of state, I am to pay Use Tax on it? I don't know this website, but [URL='https://www.goldeneaglecoin.com/local/pennsylvania']Golden Eagle Coin[/URL] goes out of its way to say: "There is an exemption for purchase of coins and bullion, [I]as long as the value is based on the metal content and not the form of the product[/I]." Q2) So what does that mean for 5 oz ATB "quarters"? They make it sound like buying the "burnished" version of the 5-ouncers (~$150 or more) would be taxable, but the "bullion" versions (~$100 or so) would not be. [USER=25416]@dwhiz[/USER] ? [USER=71723]@V. Kurt Bellman[/USER]?[/QUOTE]
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