Numismatic News

Dealers, Please Write a Letter

How can coin dealers help support efforts to gain sales tax exemptions on the retail sales of precious metals bullion, coins and sometimes currency – and also help preserve such exemptions that may exist in their home states? There are at least two ways that do not involve having to pay out any funds. Instead, they just need a little of your time.

First, those dealers who have not yet completed the National Coin & Bullion Association (the current trade name of the Industry Council for Tangible Assets) survey can do so by going to https://forms.office.com/r/DzLt59rPK7 (note that you need to be sure to answer question 6 in order to view and complete questions 7-24).

Second, for dealers resident in the states listed below that have adopted or expanded such sales tax exemptions this century, you can write a letter to the NCBA to expand their existing

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