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Bullion

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Author Previous TopicReplies: 11 / Views: 1,920Next Topic  
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west point coinage's Avatar
United States
45 Posts
 Posted 08/03/2011  08:31 am Show Profile   Bookmark this topic Add west point coinage to your friends list Get a Link to this Message Number of Subscribers

Quote:
Iget most of my coins from bullion dealers,
What Is a Bullion dealer . And where can I find one.
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Fuzzy317's Avatar
United States
14463 Posts
 Posted 08/03/2011  10:21 am  Show Profile   Bookmark this reply Add Fuzzy317 to your friends list Get a Link to this Reply
many online coin dealers sell bullion coins. Or you could try the APMEX, one of the links on the top banner.
Edited by Fuzzy317
08/03/2011 10:23 am
Valued Member
United States
59 Posts
 Posted 08/03/2011  10:38 am  Show Profile   Bookmark this reply Add 97guns to your friends list Get a Link to this Reply
grab the yellow pages and look for coins
Valued Member
Lion4Life's Avatar
United States
370 Posts
 Posted 08/03/2011  10:48 am  Show Profile   Bookmark this reply Add Lion4Life to your friends list Get a Link to this Reply
Provident Metals is pretty good. I've used them a few times and have been really pleased.
Edited by Lion4Life
08/03/2011 10:49 am
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GoThunder's Avatar
United States
830 Posts
 Posted 08/03/2011  11:01 am  Show Profile   Bookmark this reply Add GoThunder to your friends list Get a Link to this Reply
I'd stay away from any dealer in your state, they'll charge you sales tax.
Valued Member
United States
59 Posts
 Posted 08/03/2011  11:28 am  Show Profile   Bookmark this reply Add 97guns to your friends list Get a Link to this Reply
2 dealers I go to dont charge sales tax with cash transactions, another place charges me tax for everything under $1500.
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GoThunder's Avatar
United States
830 Posts
 Posted 08/03/2011  11:40 am  Show Profile   Bookmark this reply Add GoThunder to your friends list Get a Link to this Reply
I guess I should have said ask about sales tax before you commit.

Yeah I did have one pawn shop that didn't charge sales tax on a Morgan.
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w1a9c8k5's Avatar
United States
1348 Posts
 Posted 08/03/2011  12:16 pm  Show Profile   Bookmark this reply Add w1a9c8k5 to your friends list Get a Link to this Reply
I do not pay sales tax at the coin shop I go to. I would honestly call a coin shop. I am sure they get a lot of bullion in every week. This could be a great way to make a good friend and business associate.
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chrime's Avatar
United States
2 Posts
 Posted 08/04/2011  03:24 am  Show Profile   Bookmark this reply Add chrime to your friends list Get a Link to this Reply
bullion is just referring to bulk right?
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GoThunder's Avatar
United States
830 Posts
 Posted 08/04/2011  08:44 am  Show Profile   Bookmark this reply Add GoThunder to your friends list Get a Link to this Reply

Quote:
bullion is just referring to bulk right?


As I understand it is just straight PM value without any numismatic value. So a bullion coin wouldn't have any guarantee of grading. Or so I was told by a big bullion dealer (Kitco).

I'll just add the main reason I don't buy from APMEX is I'm in Okla (and so are they) so they have to charge me sales tax but not the other out of state sales.
Edited by GoThunder
08/04/2011 11:11 am
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Ed_B's Avatar
United States
4008 Posts
 Posted 08/04/2011  8:14 pm  Show Profile   Bookmark this reply Add Ed_B to your friends list Get a Link to this Reply

Quote:
I'll just add the main reason I don't buy from APMEX is I'm in Okla (and so are they) so they have to charge me sales tax but not the other out of state sales.

Are you sure about that, Thunder? I live in a state that has a sales tax but there is no tax on gold or silver coins. Not sure how they managed to over-look that possible revenue source but apparently they have.
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CHAINCHOMP's Avatar
United States
3 Posts
 Posted 08/07/2011  8:44 pm  Show Profile   Bookmark this reply Add CHAINCHOMP to your friends list Get a Link to this Reply
i get charged a 2.5% sales tax at local coin shops here in Colorado. just thought id throw in my 2 cents.
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