This tax guide provides a detailed and technical, yet easy-to-read, overview of the state sales tax rules for BOLD Precious Metals in California. BOLD's sales tax license number is 209587072, and their phone number is 1-866-454-2653.
"In California, the sales tax rules for precious metals depend on the total order amount and the type of item"
All rare or antique coins, whether from the U.S. or other countries, and including uncirculated coins and proofs, are fully exempt from state sales tax if the total order amount is greater than $2,000. This exemption also applies to coins made from refined gold or silver, minted either in the U.S. or abroad, whose value follows the market prices of precious metals and which are eligible for inclusion in IRAs under 26 USCS § 408(m).
Bars, ingots, or other forms containing refined gold with a purity of 99.5% or refined silver with a purity of 99.9% are also fully exempt if the total order amount exceeds $2,000.
Paper currency from the U.S. or other countries, valued for its rarity, demand, and condition, is taxable at the state sales tax rate.
Bars, ingots, or other forms containing refined precious metals of 99.95% purity or greater are taxable, unless they are part of an order totaling over $2,000, in which case they are fully exempt.
Bars, ingots, or other forms containing refined platinum or palladium of 90% purity or more are taxable if they fall below the minimum fineness standards, regardless of the total order amount.
Sales taxes in California are computed at checkout depending on the taxability of items offered by BOLD Precious Metals and the particular tax rates charged by the taxing authority of the delivery location in California.
To file a Reseller Certificate with BOLD Precious Metals, please email it to [email protected] or mail it to BOLD Precious Metals, LLC, 7301 Ranch Road 620 N Suite 155-194, Austin, TX 78726-4537. As long as your Reseller Certificate is still in effect, you are not subject to sales tax on subsequent purchases after receiving it.
If you have any questions or need assistance, please contact BOLD's customer support team:
This information doesn't cover all sales tax laws and requirements in California. It only provides a detailed and technical overview of the current sales tax laws and requirements for transactions with BOLD Precious Metals. For further research on sales tax laws and requirements in California, we recommend visiting the California Department of Tax and Fee Administration
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