Message:

<p>[QUOTE=&quot;Conder101, post: 2748757, member: 66&quot;]Most of those would be tax exempt under the NC law either under the heading of Investment Coins.</p><p><br /></p><p>Investment coins are Numismatic coins&nbsp; <b>or</b> other forms of legal tender.......</p><p>...Numismatic coins are considered collectibles, valued more for their rarity than their actual metal content.</p><p><br /></p><p>So as long as they are valued significantly higher than their metal content they would be Numismatic coins and therefore exempt.</p><p><br /></p><p>For those things such as the glass or plastic patterns, paper script, tokens etc would fall under Non-coin currency</p><p><br /></p><p>Forms of money <b>or</b> legal tender <i>other than manufactured of metal</i> with a fair market value greater than any statutory or nominal value of the currency.</p><p><br /></p><p>There aren&#039;t many non metal numismatic items that aren&#039;t worth more than their face value so they would be exempt too.</p><p><br /></p><p>Demonitized or items that were never legal tender but which were used as money even if not precious metal would fall under Numismatic coins and therefore be covered.&nbsp; Medals on the other hand might not be covered because they were never legal tender or used as money so the can&#039;t fall under numismatic coins, and they are usually made of metal so the can&#039;t fall under the non-coin currency excemption</p><p><br /></p><p><br /></p><p>This law is better than the Indiana one.&nbsp; In indiana it either has to be bullion greater than .995 fine, or it has to be legal tender in order to be exempt.&nbsp; That means tokens and possibly all foreign coins and currency are NOT exempt.[/QUOTE]</p><p><br /></p>

Your name or email address:

Do you already have an account?

• No, create an account now.
• Yes, my password is:
• Forgot your password?

Stay logged in