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<p>[QUOTE=&quot;Frankcoins.com, post: 461243, member: 16048&quot;]<b>A Hard Fought-For Exemption</b></p><p><br /></p><p><br /></p><p>&nbsp;</p><p>Before dealers spent a lot of money on lobbying expenses in each state, there was no exemption limit at all.&nbsp; Just like you pay a couple of thousand dollars sales tax on a car, You had to pay 8 or 9% on bags or silver coins, or a dozen Gold Eagles. which came to hundreds of dollars. Everyone ordered expensive coins out of state, which meant that the state got NOTHING. If you pay sales taxes on smaller coin purchases, that is part of your cost basis when you figure your profit, so you are not taxed twice when you sell it at a profit.[/QUOTE]</p><p><br /></p>

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