By Stefan Gleason – Money Metals Exchange …… Responding to overwhelming grassroots support over the last three years, lawmakers in the Kentucky House of Representatives have voted today, March 9, 2023, to end the state’s controversial practice of imposing sales taxes on all purchases of precious metals. House Bill 360 (PDF Link), a sweeping sales […]
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By Stefan Gleason – Money Metals Exchange …… State lawmakers of both houses have just voted overwhelmingly to exempt physical gold, silver, platinum, and palladium coins and bullion from the Mississippi state sales tax, sending the bill to Governor Tate Reeves (R) for his signature. Senate Bill 2019 (PDF link), sponsored by Senator Chad […]
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By Stefan Gleason – Money Metals Exchange …… State lawmakers of both houses have just voted overwhelmingly to exempt physical gold, silver, platinum, and palladium coins and bullion from the Mississippi state sales tax, sending the bill to Governor Tate Reeves (R) for his signature. Senate Bill 2019 (PDF link), sponsored by Senator Chad […]
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By Stefan Gleason – Money Metals Exchange …… With Governor Bill Lee’s (R) signature on Friday, Tennessee has officially become the 42nd state in the United States to remove sales taxes from constitutional sound money (i.e., gold and silver). Tennessee’s House Bill 1874 and Senate Bill 1857, introduced by Representative Bud Hulsey (R-2) and Senator […]
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By Stefan Gleason – Money Metals Exchange …… Both houses of the Tennessee legislature yesterday overwhelmingly passed bills that would make the Volunteer State the 42nd state in the U.S. to remove sales taxes from constitutional sound money (i.e., gold and silver). Tennessee’s House Bill 1874 and Senate Bill 1857, introduced by Representative Bud Hulsey […]
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By Stefan Gleason – Money Metals Exchange …… With Governor Kay Ivey’s signature on sound money legislation today, Alabama has become the second state this year to expand its sales tax exemption involving gold and silver. Alabama Senate Bill 13, championed by State Senator Tim Melson (R) and Representative Jamie Kiel (R-18), passed with unanimous […]
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In the pantheon of American paper currency, the Treasury Note Series of 1890-1891 is not particularly memorable for its breathtaking designs and impressive artistry. Many collectors seek out the designs of the historic Silver Certificate and United States Note Series, such as the imagery from the 1901 Bison Note and the Educational Series. However, there […]
The post The Grand Watermelon Note Returns on a Replica Silver Bar appeared first on CoinWeek.
By Industry Council for Tangible Assets …… On Tuesday, March 6, 2018, Alabama governor Kay Ivey signed into law Senate Bill 156 to exempt the gross proceeds from the sales of gold, silver, platinum, and palladium bullion, and money from sales and use tax for five years. The law is a sales-and-use tax exemption on […]
The post Alabama Becomes 37th State with Bullion Sales Tax Exemption appeared first on CoinWeek.
Washington, D.C
Some precious-metals bullion dealers recently have been advertising “home storage” as a legal and beneficial option for storing bullion that may be invested in an individual retirement account (IRA).
The “home storage” concept may conflict with the laws that allow for tax-advantaged IRA investments
Industry Council for Tangible Assets (ICTA) dealer member Mitch Hyatt (Hyatt Coin and Gun Shop, Charlotte, North Carolina) was honored during the ICTA dinner and update cruise aboard the Yacht StarShip II in Tampa, Florida, on January 3 as the recipient of the 2017 Diane Piret Memorial Outstanding Service Award.
In the fall of 2016, Hyatt started collaborating with ICTA on a campaign to obtain a state coin, currency, and precious-metals bullion sales-tax exemption
APMEX, Inc., the nation’s largest Precious Metals e-retailer, is pleased to announce the first-ever Platinum Britannia coin is now available for pre-order. The 2018 1 oz Platinum Britannia joins an illustrious history of this bullion coin from The Royal Mint. The Gold Britannia was introduced in 1987, showcasing a powerful design of Britannia herself, holding […]
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By Joshua McMorrow-Hernandez for CoinWeek.com …… Since their debut in 1986, American Silver Eagles (ASEs) have been one of the most popular bullion coin series in the world, but their appeal extends well beyond the arena of precious metals investing. The American Silver Eagle, authorized by the passage of the Liberty Coin Act of […]
The post How Certified American Silver Eagles of the 2010s Have Fared in the Marketplace appeared first on CoinWeek.
By Joshua McMorrow-Hernandez for CoinWeek.com …… Since their debut in 1986, American Silver Eagles (ASEs) have been one of the most popular bullion coin series in the world, but their appeal extends well beyond the arena of precious metals investing. The American Silver Eagle, authorized by the passage of the Liberty Coin Act of […]
The post How Certified American Silver Eagles of the 2010s Have Fared in the Marketplace appeared first on CoinWeek.
During the week ending November 27, 2016, the U.S
Partnership to build digital gold product on blockchain technology to be available in 2017 The Royal Mint, the world’s leading export mint, and CME Group, the world’s leading and most diverse derivatives marketplace, today announced a collaboration to transform the way that market participants can trade gold. The Royal Mint, a 1,000-year-old institution owned by […]
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The Perth Mint is pleased to advise that as of November 1 it has reintroduced unallocated silver to its portfolio of investment products. In addition to gold and platinum, investors may now add pure silver to their wealth portfolio, and have each of these metals kept safely in the Mint’s high security vaults, while taking […]
The post World Bullion – New Ways to Invest in Precious Metals from Perth Mint appeared first on CoinWeek.
2017 marks the milestone 50th anniversary of the world’s first modern gold bullion coin: the South African Gold Krugerrand. The Krugerrand remains the most widely held bullion coin in the world, and the most traded coin in history. The Krugerrand has been the model for all other bullion coins issued since its 1967 debut. But […]
The post South Africa Marks Bullion Coin’s 50th Anniversary with First Ever Silver Krugerrand appeared first on CoinWeek.
The volatility of global equities was on the rise this week, with significant sell-offs on the major stock exchanges in the U.S. (Tuesday) and China (Thursday). This coincided with a downward revision of first-quarter GDP amid an array of other disappointing economic data in the States. Funds continued to crowd into the bond markets, though […]
The post Gainesville Coins Market Update: May 22-29, 2015 appeared first on CoinWeek.
Commentary for Friday February 6th, 2015 (www.golddealer.com) By Ken Edwards and Richard Schwary of California Numismatic Investments Inc.……… Gold closed down $28.40 at $1233.90 on the Comex today but flattened out into “steady” to slightly higher in the aftermarket as the dollar headed for higher ground. Gold took a vacation this morning as the government […]
The post The Gold Newsletter – Gold Retreats as the Jobs Report Beats and the Dollar Soars appeared first on CoinWeek.