Utah - Pinehurst Coins

The State of Utah mandates the imposition of sales taxes on certain items sold by Pinehurst Coins and shipped to a Utah address. It is imperative to collect these taxes on (1) bullion products made of copper or palladium; (2) bullion products made of gold, silver, or platinum if the gold, silver, or platinum content of such product is less than 50%; (3) numismatic coins unless such numismatic coins are also used as legal tender; (4) accessory items; and (5) 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 Utah:

Legal Tender. Coins that must be accepted if offered in payment of a debt.
Bullion. Precious metal that is valued solely upon its precious metal content, whether in coin or bar form.
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.
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 Utah are calculated at checkout on the Pinehurst Coins website based on(1) the taxation status of items vended by Pinehurst Coins in Utah as delineated earlier, and (2) the particular tax rates set by the taxing jurisdiction at the delivery location in Utah.

Pinehurst Coins began collecting sales taxes in Utah on May 1, 2024. Our sales tax license number in Utah is 16092101-002-STC.

If you operate as a Utah-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 Utah. 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 Utah, we suggest you visit the Utah State Tax Commission located at https://tax.utah.gov/.