Sales Tax at ou​r Auctions

Will I need to pay sales tax on any items purchased in a Stack’s Bowers Galleries auction?​

Unless you have a valid resale certificate on file with Stack’s Bowers Galleries, purchases made in/or shipped to certain locations are subject to local state tax laws. Below are some guidelines for your reference. These may not be a complete representation of all applicable sales tax laws in all jurisdictions, so please consult your local taxation laws prior to bidding.​

Alabama

Foreign Coins and Currency are taxable. U.S. Coins, U.S. Currency and Bullion are exempt.

Alaska

Coins, Currency & Bullion are tax exempt.

Arizona

Coins & Bullion are tax exempt. Currency is taxable.

Arkansas

Coins, Currency & Bullion are tax exempt.

California

Coins are only taxable on invoices less that $1,500. Currency is taxable. Bullion is tax exempt.

Colorado

Coins & Bullion are tax exempt. Currency is taxable.

Connecticut

Coins are tax exempt. Currency and Bullion are only taxable on for invoices less than $1,000.

Delaware

Coins, Currency & Bullion are tax exempt.

Florida

Coins and Currency are only taxable on invoices of Foreign or Confederate material less than $500.  Bullion is only taxable on invoices less than $500.

Georgia

Coins, Currency & Bullion are tax exempt.

Hawaii

Coins, Currency & Bullion are taxable

Idaho

Coins & Bullion are tax exempt. Currency is taxable.

Illinois

Coins, Currency & Bullion are tax exempt.

Indiana

Coins, Currency & Bullion are tax exempt.

Iowa

Coins, Currency & Bullion are tax exempt.

Kansas

Coins comprised of gold and silver are tax exempt. Bullion is tax exempt. Currency is taxable.

Kentucky

Coins, Currency & Bullion are taxable.

Louisiana

Coins are only taxable on invoices over $1,000. Currency is taxable. Bullion is tax exempt for Platinum, Gold, and Silver that is valued solely upon its precious metal content, whether in coin or ingot form.

Maine

Coins, Currency & Bullion are taxable.

Maryland

Coins are only taxable on invoices less than $1,000. Currency is taxable. Bullion is tax exempt.

Massachusetts

Coins are only taxable on invoices less than $1,000. Currency is taxable. Bullion is tax exempt.

Michigan

Coins & Bullion are tax exempt. Currency is taxable.

Minnesota

Coins, Currency & Bullion are taxable except for bullion bars and rounds are exempt.

Mississippi

Coins, Currency & Bullion are tax exempt.

Missouri

Coins, Currency & Bullion are tax exempt.

Montana

Coins, Currency & Bullion are tax exempt.

Nebraska

Coins, Currency & Bullion are tax exempt.

Nevada

Coins & Currency are taxable. Bullion is tax exempt.

New Hampshire

Coins, Currency & Bullion are tax exempt.

New Jersey

Coins & Currency are taxable. Bullion is tax exempt.

New Mexico

Coins, Currency & Bullion are taxable.

New York

Coins & Currency are taxable.

Bullion is tax exempt under the following conditions:

North Carolina

Coins, Currency & Bullion are tax exempt.

North Dakota

Coins, Currency & Bullion are tax exempt.

Ohio

Coins comprised primarily of gold, silver, platinum or palladium are tax exempt. Currency is taxable.

Bullion is tax exempt under the following conditions:

Oklahoma

Coins & Bullion are tax exempt. Currency is taxable.

Oregon

Coins, Currency & Bullion are tax exempt.

Pennsylvania

Coins & Bullion are tax exempt. Currency is taxable.

Rhode Island

Coins & Bullion are tax exempt. Currency is taxable.

South Carolina

Coins, Currency & Bullion are tax exempt.

South Dakota

Coins, Currency & Bullion are tax exempt.

Tennessee

Coins, Currency & Bullion are tax exempt.

Texas

Coins & Bullion are tax exempt. Currency is taxable.

Utah

Coins, Currency & Bullion are tax exempt.

Vermont

Coins & Currency are taxable. Bullion is tax exempt.

Virginia

Coins are only taxable on invoices less than $1,000. Currency is taxable. Bullion is tax exempt.

Washington

Coins & Bullion are tax exempt. Currency is taxable.

West Virginia

Coins, Currency & Bullion are tax exempt.

Wisconsin

Coins & Currency are taxable. Bullion is tax exempt.

Wyoming

​Coins, Currency & Bullion are tax exempt.​​

District of Columbia

Coins, Currency & Bullion are taxable.​

Will I need to pay import tariffs?​

On September 1, 2019 the United States enacted new tariffs on collector’s items of Chinese origin, including bullion and numismatic coins and banknotes. Lots marked with (t) indicate the lot was manufactured in China and was sourced from outside the United States after the tariffs were enacted. Accordingly, any client who wishes to take delivery of this item within the United States will be subject to a 7.5% import Tariff plus a processing fee of 0.3464% (minimum $27.75 / maximum $538.40), subject to change. Please note, this is not, and is not intended to be a complete description of the applicable import tariffs and the buyer remains fully liable for and agrees to promptly pay all tariffs and fees relating to the import of these items into the United States. Please consult your tax advisor with any questions.

Join our mailing list

Don't miss an auction!

Subscribe to our newsletter.

 

Contact Us

West Coast Office • (800) 458-4646

Midwest Office • (800) 817-2646

East Coast Office • (800) 566-2580

info@stacksbowers.com
 

Hong Kong Office • +852 2117 1191

infohk@stacksbowers.com

Global locations

Additional representatives
available worldwide.

* Walk-ins welcome

Follow Us




Subscribe to
Our Newsletter

There was an error signing you up to our newsletter.
Please enter a valid email address

I'm Interested In...

Thank You!

Thank you for subscribing to the Stack's Bowers Galleries e-newsletter.