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<p>[QUOTE=&quot;calcol, post: 2704231, member: 77639&quot;]Yes indeed.&nbsp; Heritage collects sales tax for California.&nbsp; However, California exempts coin purchases from sales tax if the amount shown on the invoice for however many coins is $1500 or more.&nbsp; The supposed reasoning is that up to $1500 the buyer is just playing, and at $1500, it becomes an investment.&nbsp; Really just penalizes less wealthy collectors but not wealthier collectors.&nbsp; If possible, it pays to buy $1500 worth in an auction.&nbsp; Worst case would be an invoice for $1499.&nbsp; Sales taxes are regressive, meaning that poorer folks pay a higher percentage of their income in such taxes compared to wealthier folks.&nbsp; The Calif law on sales tax on coins makes it even more so for collectors.</p><p><br /></p><p>Cal[/QUOTE]</p><p><br /></p>

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