Gold & Precious Metals News: Ohio Budget Kills Sales-Tax Exemption for Bullion, Coins

By Industry Council for Tangible Assets (ICTA) ......   ICTA member Dave Miholer (Executive Coin Company, Stow, Ohio) brought to our attention in May that the...

Alabama Becomes 37th State with Bullion Sales Tax Exemption

By Industry Council for Tangible Assets ......   On Tuesday, March 6, 2018, Alabama governor Kay Ivey signed into law Senate Bill 156 to exempt the...
Coin and Bullion Dealers: Protect Your Business From State Greed

Coin Dealers: Protect Your Business From State Greed

In light of the Supreme Court’s South Dakota v. Wayfair decision, what would it mean for your business to be free of the burden...

Minnesota Coin Dealer Indicted on Selling Counterfeit Coins and Fraud Charges

Accused has history of court battles concerning counterfeit coins By Hubert Walker for CoinWeek ....   On Wednesday, April 11, Interim United States Attorney Greogory G. Brooker--as...

ICTA Names New Director and Officers and Elects New Board Members

The Industry Council for Tangible Assets (ICTA), the national trade association for dealers of rare coins, currency, and precious-metals bullion, announced that former congressman...
Minnesota

Minnesota Man Charged with Felony for Selling Counterfeit Coins

By Industry Council for Tangible Assets ......   A 28-year-old man from Waite Park, Minnesota, on September 25 is expected to respond to a felony charge...
Coin and Bullion Dealers, Tell Congress to Support Changes to AML Act of 2020

Coin and Bullion Dealers, Tell Congress to Support Changes to AML Act of 2020

By Industry Council for Tangible Assets ......   The Anti-Money Laundering Act of 2020 became law on January 1, 2021, and Congress is currently developing many...

“Stay at Home” Applies to Coin Dealers

Coin Dealers and "Stay at Home" Orders by Industry Council for Tangible Assets ......   The Industry Council for Tangible Assets (ICTA) has been contacted by...

Special ACTF Exhibit of Counterfeit Coins, Bars at ANA Word’s Fair of Money

Counterfeit Morgan dollar as well as counterfeit PCGS inserts and components of fake PCGS holder are among seized items sized by Homeland Special...

FDIC Backs Down on “High-Risk” Merchant List That Included Coin Dealers

The Federal Deposit Insurance Corporation has fully reversed its position on a list of merchant categories thought to present a high risk for payment...

CoinWeek News Wire for December 15, 2017: Christmas Gold Coins, Bitcoin News, Greek Coins

By Coinweek ....   CoinWeek News Wire for December 15, 2017 Brain Food 1.) Ancient Jewish Coins - Fame, Fortune and Fakes Did you get gelt? No, not the chocolate...
Arkansas Governor Hutchinson Signs Bill Providing Sales Tax Exemption for Coins, Bullion

Arkansas Governor Hutchinson Signs Bill Providing Sales Tax Exemption for Coins, Bullion

By Industry Council for Tangible Assets ......   On May 3, 2021, Arkansas governor Asa Hutchinson (R) signed into law Senate Bill 336, creating an exemption...

North Carolina Joins 35 Other States with Sales Tax Exemption on Coins

By Industry Council for Tangible Assets .....   On Tuesday, July 25, 2017, North Carolina governor Roy Cooper signed into law House Bill 434: Coins/Currency/Bullion Sales...

Man Pleads Guilty to Selling, Importing Counterfeit Coins

ACTF plays key role in investigation and provides experts to identify fakes A New Jersey man admitted June 25 to impersonating a federal agent while...

Gold & Silver PAC News – April/May 2019: Online Sales Tax Collection

By John Villavicencio for the Gold & Silver PAC ......   Gold & Silver News From the Political Coordinator   April showers bring... taxes The tax filing deadline for 2018...

Coin Analyst Special Report: Congress May End Dollar Coin Program

By Louis Golino for Coin Week Major print and broadcast media seldom focus on coins. But in the past two weeks the...

Warnings to Coin Community About Supreme Court’s Interstate Sales Tax Ruling

After the June 21 decision by the United States Supreme Court in the case of South Dakota v. Wayfair, several precious metals and coin...
Dillon Gage Metals

IRS Treatment of Precious Metals Depends on the Type, Length of Holdings

  Terry Hanlon - President, Dillon Gage Federal tax season is here, and if you recently embarked on--or want to explore--one of the many types of gold...

Nebraska Passes Sales Tax Exemption for Coins and Bullion

ICTA Member Deb Evans-Olson Leads Effort Nebraska is the 31st state to pass a sales tax exemption on rare coins and precious metals product. Governor...

Anti-Counterfeiting Task Force Moves to Foundation

By Industry Council for Tangible Assets (ICTA) ......   The Industry Council for Tangible Assets (ICTA) and the Anti-Counterfeiting Educational Foundation (ACEF) have jointly announced an...

The Commemorative Coins of the 112th Congress

By Charles Morgan and Hubert Walker  for CoinWeek  ……. With so many important issues facing the country, it’s almost a tad impolitic to analyze and...
NCBA Seeks Dealer Data to Help Combat State Efforts Against Bullion Sales Tax Exemptions

NCBA Seeks Dealer Data to Help Combat State Efforts Against Bullion Sales Tax Exemptions

The National Coin & Bullion Association (NCBA) is fighting to preserve sales-tax exemptions on coins, paper money, and precious-metals bullion in 39 states, and...
Ohio Budget Bill Reinstates Investment Bullion and Coin Sales Tax Exemption

Ohio Budget Bill Reinstates Investment Bullion and Coin Sales Tax Exemption

The Ohio 2022–2023 budget reinstates the sales tax exemption for the purchases of investment metal bullion and investment coins that was eliminated in the...
New Concerned Collectors Coalition to Replace NCBA Patron Membership

New Concerned Collectors Coalition to Replace NCBA Patron Membership

The National Coin & Bullion Association (NCBA) is replacing our Consumer Patron-level membership with a new, free membership dedicated to collectors. The Concerned Collectors...

ICTA Gives Service Award to Kansas Dealer Dean Schmidt

By Industry Council for Tangible Assets ......   Industry Council for Tangible Assets (ICTA) dealer-member Dean Schmidt (Dean Schmidt Rare Coins, Atchison, Kansas) was honored during...

CoinWeek Podcast #104: South Dakota vs. Wayfair and Its Potential Impact on You

 CoinWeek Podcast #104: South Dakota vs. Wayfair and Its Potential Impact on You Mobile phone users. Stream this podcast for free by downloading the podomatic app or...
Virginia Bullion Sales-Tax Exemption Extended and Threshold Removed

Virginia Bullion Sales-Tax Exemption Extended and Threshold Removed

By National Coin & Bullion Association (NCBA) ......   On March 2, Virginia governor Glenn Youngkin signed House Bill 3, which extends the sunset date for...

Greg Allen New Anti-Counterfeiting Task Force Steering Committee Chair: ICTA

World Mint Work Group joining anti-counterfeiting effort By Industry Council for Tangible Assets ......   Industry Council for Tangible Assets (ICTA) Chairman Philip N. Diehl has announced...

Internet Sales Tax? Supreme Court Ruling Alarming

  Numismatists should be worried about how the hobby will be affected by a labyrinth of tax rules By Jeff Garrett for Numismatic Guaranty Corporation (NGC)...

The Coin Analyst: Overview of House Hearing on The Future of Money: Dollars and...

by Louis Golino for CoinWeek …… On November 29 the Domestic Monetary Policy Subcommittee of the House Committee on Financial Services, which is headed by...