Arkansas

The State of Arkansas mandates the imposition of sales taxes on certain items sold by Pinehurst Coins and shipped to an Arkansas address. It is imperative to collect these taxes on (1) all valuable metal items containing gold, silver, platinum, or palladium, which do not satisfy Arkansas state’s criteria for bullion; (2) copper products; (3) accessory items; and (4) processed items. All other products sold by Pinehurst Coins are exempt from these taxes.

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

Bullion. Gold, silver, platinum, and palladium in the form of a bar, ingot, or coin.
Coin. Objects that have served or currently serve exclusively as mediums of exchange for any nation, including the United States, or foreign governments, and are traded according to the intrinsic value as either precious metal or as items prized for their collectible value.
Medium of Exchange. Coins or currency that are acceptable as a measure of value and a standard of exchange for goods and services.
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 Arkansas are calculated at checkout on the Pinehurst Coins website based on (1) the taxation status of items vended by Pinehurst Coins in Arkansas as delineated earlier, and (2) the particular tax rates set by the taxing jurisdiction at the delivery location in Arkansas.

Pinehurst Coins began collecting sales taxes in Arkansas on June 1, 2024. Our sales tax license number in Arkansas is 56067434-SLS.

If you operate as a Arkansas-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 Arkansas. 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 Arkansas, we suggest you visit the Arkansas Department of Finance and Administration located at https://www.dfa.arkansas.gov/.