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<p>[QUOTE="scoinca, post: 180237, member: 7075"]The one time I spent over $1k at a local shop they waived sales tax and mumbled something inconclusive - I wasn't sure if they were just being nice or if it was the law. I've seen it mentioned in the fee pages from some of the auction houses, like Heritage</p><p><br /></p><p><a href="http://www.heritageauctions.com/common/auction/salesTax.php" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.heritageauctions.com/common/auction/salesTax.php" rel="nofollow">http://www.heritageauctions.com/common/auction/salesTax.php</a></p><p><br /></p><p>But you got me curious, so I looked up the sales tax rules from the Board of Equalization -</p><p><br /></p><p><a href="http://www.boe.ca.gov/pdf/pub61.pdf" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.boe.ca.gov/pdf/pub61.pdf" rel="nofollow">http://www.boe.ca.gov/pdf/pub61.pdf</a></p><p><br /></p><p>• MONETIZED AND NONMONETIZED BULLION AND NUMISMATIC COINS — Sales in bulk (market</p><p>value of $1,000 or more, subject to adjustment based on inflation) of monetized bullion, nonmonetized</p><p>gold or silver bullion, and numismatic coins are exempt from tax when those sales are substantially</p><p>equivalent to transactions in securities or commodities.</p><p><br /></p><p>It's a good excuse to make some big purchases, I guess <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" /></p><p><br /></p><p> Scott[/QUOTE]</p><p><br /></p>
[QUOTE="scoinca, post: 180237, member: 7075"]The one time I spent over $1k at a local shop they waived sales tax and mumbled something inconclusive - I wasn't sure if they were just being nice or if it was the law. I've seen it mentioned in the fee pages from some of the auction houses, like Heritage [url]http://www.heritageauctions.com/common/auction/salesTax.php[/url] But you got me curious, so I looked up the sales tax rules from the Board of Equalization - [url]http://www.boe.ca.gov/pdf/pub61.pdf[/url] • MONETIZED AND NONMONETIZED BULLION AND NUMISMATIC COINS — Sales in bulk (market value of $1,000 or more, subject to adjustment based on inflation) of monetized bullion, nonmonetized gold or silver bullion, and numismatic coins are exempt from tax when those sales are substantially equivalent to transactions in securities or commodities. It's a good excuse to make some big purchases, I guess :-) Scott[/QUOTE]
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Taxes on coins in California?
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