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<p>[QUOTE=&quot;rzage, post: 459388, member: 14070&quot;]How come people who buy coins over $1,000 are not taxed ( the rich ) but under $1,000 ( the majority of us ) pay the tax . To me either all or none should pay .</p><p><b>Sales Tax</b></p><p>California residents will be charged sales tax as well as bidders who pick up at this Auction without a valid Resale Certificate. Please note that the purchase of any coin or bullion lot(s) with a price, including the buyer&#039;s fee, in excess of One Thousand Dollars ($1,000.00) is exempt from California sales tax. </p><p>&nbsp;</p><p>&nbsp;</p><p>this was taken from Bowers &amp; Marenas auction on a 1916 SLQ .</p><p>&nbsp;</p><p>rzage:kewl:[/QUOTE]</p><p><br /></p>

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