Greetings everyone, I have just got off the phone with Jeff Neilson at California Numismatics Incorporated ( www.golddealer.com ) and saw some great prospects, There are a few things that he let me know in regard to Sales Taxes, if you are in California you need to purchase at least 2000 worth of bullion to avoid the tax and if you are out of state at least 1000. Now this has nothing to do with you local state sales taxes if they apply. One person told me today that large purchases in the state of Florida even if they are bought out of state require the purchaser to send the state 6%. I have not seen this myself but it is worth looking into to avoid problems and red flags that unduly would hassle your day. What CNI said was that if you wished you could call them and lock in a price based upon the NY close. If you send them a cashiers check bank money order etc. there is a 2 week hold on the check and if you send in a personal check there is a 3 week hold. If you send them a Bank money wire they will ship in 48 hours. The problem with the bank wire is that they cost 25$ FRN. It is up to you. They told me that Delivery is slow right now and they had had a few folks write them bad checks last year and hence the holding period on checks.
Plus side: Free Shipping on orders over 2K fully insured and fully registered.
Down side: Long wait, however the price is locked in the day the deal is done and not the day the check clears..
Now I also asked them about better numismatics, well graded coins as well as actually rare coins he said that they had those too and that they had folks there to help you decide. Personally I would stay clear of rare coins until you actually KNEW ABOUT THEM YOURSELF.
The other article on this site about this was archived back HERE
Subscribe to:
Post Comments (Atom)
0 comments:
Post a Comment