Ohio - Pinehurst Coins

The State of Ohio mandates the imposition of sales taxes on certain items sold by Pinehurst Coins and shipped to an Ohio address. It is imperative to collect these taxes on (1) bullion comprised of gold, silver, platinum, or palladium that does not meet certain purity requirements; (2) copper products including coins or bullion; (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 Ohio:

Bullion. Precious metal that is valued solely upon its precious metal content, whether in bar, round, or ingot form (Note: In Ohio, coins comprised primarily of gold, silver, platinum, or palladium are excluded from the definition of bullion).
Purity Requirements. Gold bullion with a minimum purity of 0.995%; silver bullion with a minimum purity of 0.999%; platinum bullion with a minimum purity of 0.9995%; and palladium bullion with a minimum purity of 0.9995%.
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 Ohio are calculated at checkout on the Pinehurst Coins website based on (1) the taxation status of items vended by Pinehurst Coins in Ohio as delineated earlier, and (2) the particular tax rates set by the taxing jurisdiction at the delivery location in Ohio.

Pinehurst Coins began collecting sales taxes in Ohio on May 1, 2024. Our sales tax license number in Ohio is 99155376.

If you operate as an Ohio-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 North Dakota. 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 Ohio, we suggest you visit the Ohio Department of Taxation located at https://www.tax.ohio.gov/.