By National Coin and Bullion Association (NCBA) …… On May 24, 2023, Florida Committee Substitute / House Bill 737 was signed by Governor Ron DeSantis (R). The law will take effect July 1, 2023. The bill amends paragraph (i), subsection (1) of section 538.03 in the Florida Statutes, to revise its definition of “secondhand goods” […]
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NCBA, or the National Coin & Bullion Association (the trade name for the Industry Council for Tangible Assets or “ICTA“), has officially launched our new website — ncbassoc.org. “We believe the new website will be a benefit to NCBA members, providing many new improvements in an updated and smart-looking fashion. The site is user friendly, […]
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By National Coin & Bullion Association (NCBA) …… The National Coin & Bullion Association (NCBA) dealer-members Dan Hedges (Auro Industries in Little Rock, Arkansas) [Left] and David Miholer (The Executive Coin Company in Stow, Ohio) [Right] have received the association’s 2021 Diane Piret Memorial Outstanding Service Award for their continuous dedication and financial contributions to […]
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The Ohio 2022–2023 budget reinstates the sales tax exemption for the purchases of investment metal bullion and investment coins that was eliminated in the previous budget. Two bills, House Bill 268 and House Bill 110, had the possibility of reinstating the exemption, with the budget bill, HB110, succeeding. The Ohio Senate Finance Committee and Ohio […]
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By Industry Council for Tangible Assets…. On May 3, 2021, Arkansas governor Asa Hutchinson (R) signed into law Senate Bill 336, creating an exemption from the sales and use tax for coins, currency, and bullion. “The bill’s primary sponsor, Senator Mark Johnson (R), along with its House sponsor, Representative Delia Haak (R-91), championed the bill […]
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The Industry Council for Tangible Assets (ICTA) dealer-member Dan Duncan (Pinnacle Rarities in Olympia, Washington) has received the association’s 2020 Diane Piret Memorial Outstanding Service Award for his continuous dedication and financial contributions to maintaining Washington State’s sales-tax exemption on sales of collector coins, bullion coins, and bullion. Duncan and other local dealers, particularly Karen […]
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On Tuesday, December 8, the Industry Council for Tangible Assets (ICTA) announced that Jimmy Hayes will step down as executive director at the end of the year, and its board of directors has appointed David Crenshaw as the new executive director, effective January 1, 2021. Of the change, Hayes said, “I have very much enjoyed […]
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By Industry Council for Tangible Assets …… Industry Council for Tangible Assets (ICTA) dealer-member Dean Schmidt (Dean Schmidt Rare Coins, Atchison, Kansas) was honored during the ICTA dinner and update at Tony Roma’s in Orlando, Florida, on January 8 as the recipient of the 2019 Diane Piret Memorial Outstanding Service Award for his efforts to […]
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By Industry Council for Tangible Assets …… On Thursday, May 16, 2019, Kansas governor Laura Kelly (D) signed into law House Bill 2140, which provides a sales-tax exemption on sales of gold and silver coins and on all gold, silver, platinum, and palladium bullion. “The outcome is not everything we started with in the original […]
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Alabama Coin Dealers Honored With Diane Piret Service Award By Industry Council for Tangible Assets …… Industry Council for Tangible Assets (ICTA) dealer-members Phil Darby (J&P Coins and Currency, Helena, Alabama) and Steve Caiola (Alabama Gold Refiner, Homewood, Alabama) were honored during the ICTA dinner and update at FishBones, Orlando, Florida, on January 9 as […]
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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 […]
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2018 election results also announced By Central States Numismatic Society (CSNS) …… The 79th Anniversary Convention of the Central States Numismatic Society (CSNS) will be held April 24-28, 2019 at the Schaumburg Convention Center and Renaissance Hotel, located at 1551 North Thoreau Drive in the Chicago suburb located roughly 10 miles Northwest of O’Hare Airport. […]
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By Industry Council for Tangible Assets ….. Investors Should Exercise Caution Investing in Gold Individual Retirement Account with Home Storage 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 a gold individual retirement account (IRA). The “home storage” concept may conflict […]
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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
By Industry Council for Tangible Assets ….. On Tuesday, July 25, 2017, North Carolina governor Roy Cooper signed into law House Bill 434: Coins/Currency/Bullion Sales Tax Exemption. The law is a complete sales-and-use tax exemption on coins, currency, and precious-metals bullion sales. “The bill’s author, Representative Dana Bumgardner, coauthors Representative Jeff Collins, Representative Mark Brody, […]
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By Industry Council for Tangible Assets (ICTA) …… Meet former U.S. Mint director Philip N. Diehl in person at the 2017 American Numismatic Association (ANA) World’s Fair of Money in Denver! From Diehl’s creation of the popular 50 State Quarters program to his launch of the first-ever U.S. government–issued platinum coin, he is considered one […]
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The Industry Council for Tangible Assets is now on Facebook. The association’s new social media site is a place where visitors can learn more about the association and members can stay up to date on association activities. “Facebook is a great way to highlight the breadth of the work that ICTA does,” said chief operating […]
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By Industry Council for Tangible Assets ….. The Industry Council for Tangible Assets (ICTA) is expanding its team with legal and legislative-affairs expertise. Effective October 3, Jonathon Villavicencio (Sacramento, California) became the association’s legislative-affairs coordinator. John brings ICTA his expansive knowledge of legislative and regulatory processes, having spent the past two years working as a […]
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By Industry Council for Tangible Assets…. At the Georgia Numismatic Association’s (GNA) annual banquet on April 16, special guest and American Numismatic Association (ANA) president Jeff Garrett recognized an individual who has made numerous contributions to the hobby and to the American Numismatic Association: “When David Crenshaw was 10 years old, he picked out his […]