California

The State of California mandates the imposition of sales taxes on certain items sold by Pinehurst Coins and shipped to a California address. It is imperative to collect these taxes on (1) nonmonetized bullion made from copper, platinum, or palladium; (2) gold or silver bullion, whether monetized or nonmonetized, or numismatic coins, as long as the total value of a single sales transaction does not exceed $2,000; (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 California:

Nonmonetized Bullion. Bullion which has been smelted or refined and has a value dependent primarily upon its precious metal content and not upon its form.
Monetized Bullion. Coins or other forms of money manufactured of gold, silver, or other metal and heretofore, presently or previously utilized as a medium of exchange according to the regulations of California, the United States, or any other country, must hold a legal status comparable to legal tender.
Numismatic Coins. Coins that possess an added external worth surpassing the intrinsic value of the precious metal they contain, attributed to factors such as rarity, condition, age, or other external influences.
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.

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

Pinehurst Coins began collecting use taxes in California on May 1, 2024. Our use tax license number in California is 244783264.

If you are a California-based reseller and wish to file a Reseller Certificate with Pinehurst Coins, please download the California Reseller Certificate form here. Once you have filled out this form, either email it to [email protected]; or mail it to Pinehurst Coins, 11700 Preston Road, Suite 660153, Dallas, TX 75230. 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 California. 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 California, we suggest you visit the California Tax Service Center located at https://www.taxes.ca.gov/.