The State of Connecticut mandates the imposition of sales taxes on certain items sold by Pinehurst Coins and shipped to a Connecticut address. It is imperative to collect these taxes on (1) platinum, palladium, and copper products; (2) certain numismatic coins; (3) accessory items; (4) processed items; and (5) any individual sales transaction involving gold and silver items with a total value below $1,000.  All other products sold by Pinehurst Coins are exempt from these taxes.

The ensuing definitions pertain to products subject to tax collection in Connecticut:

  • Certain Numismatic Coins.  Coins made of precious metals that have not been, or were never, officially recognized as legal tender by any government worldwide.
  • Single Sales Transaction.  Determined per invoice and not on a line-item basis.
  • Accessory Items.  Items such as holders, tubes, coin flips, and apparel.
  • Processed Items. Refined precious metals transformed by third parties into objects esteemed for qualities beyond their metal value, such as colorized coins or statues.

Sales taxes in Connecticut are calculated at checkout on the Pinehurst Coins website based on (1) the taxation status of items vended by Pinehurst Coins in Connecticut as delineated earlier, and (2) the particular tax rates set by the taxing jurisdiction at the delivery location in Connecticut.

Pinehurst Coins began collecting sales taxes in Connecticut on May 1, 2024.  Our sales tax license number in Connecticut is 106178047001.

If you operate as a Connecticut-based reseller and intend to submit a Reseller Certificate to Pinehurst Coins, please get in touch with us at [email protected]. After we’ve received your filled-out Reseller Certificate, we’ll input it into our system. As long as your Reseller Certificate remains valid and active, you will not incur any sales taxes on future orders.

Please note:  The preceding overview does not cover all aspects of sales tax laws and requirements in the State of Connecticut. Its aim is to offer a concise summary of the relevant laws and requirements pertaining to transactions with Pinehurst Coins that are currently applicable in the state.  If you would like to research the sales tax laws and requirements in the State of Connecticut, we suggest you visit the Connecticut Department of Revenue Services located at https://www.ct.gov/drs/site/default.asp.

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