Maryland

The State of Maryland mandates the imposition of sales taxes on certain items sold by Pinehurst Coins and shipped to a Maryland address. It is imperative to collect these taxes on (1) copper products; (2) any single sales transaction of gold, silver, platinum, or palladium where the transaction amount is less than $1,000; (3) numismatic coins; (4) coins that are not, or have not been, utilized as currency in the United States or any other nation; (5) accessory items; and (6) 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 Maryland:

Single Sales Transaction. Determined per invoice, and not on a line-item basis.
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.
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 Maryland are calculated at checkout on the Pinehurst Coins website based on (1) the taxation status of items vended by Pinehurst Coins in Maryland as delineated earlier, and (2) the particular tax rates set by the taxing jurisdiction at the delivery location in Maryland.

Pinehurst Coins began collecting sales taxes in Maryland on May 1, 2024. Our sales tax license number in Maryland is 35235642.

If you operate as a Maryland-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 Maryland. 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 Maryland, we suggest you visit the Maryland Comptroller located at https://taxes.marylandtaxes.gov/Business_Taxes/.