If you are interested in collecting coins or bars made from precious metals, it pays to do your research - especially when it comes to taxes and other laws surrounding such a purchase. Here, you’ll find all you need to know in order to make an informed precious metals purchase in the state of Pennsylvania.
Pennsylvania Sales Tax
The state of Pennsylvania has sales tax exemptions for bullion and precious metal coins; however, this exemption does not cover paper currencies, tokens, or medallions.
Pennsylvania Capital Gains Tax
Even though Pennsylvania is exempt from state sales tax, federal capital gains tax still applies. However, the capital gains tax will not exceed 28%.
A truly diversified portfolio includes precious metals, so when you're planning for retirement, consider adding qualified bullion to your Self Directed IRA. Contact us to get started or visit our Precious Metals IRA page to learn how you can invest.
Looking for a Local Coin Show?
We attend a number of coin shows throughout the country each year. Here's where and when you'll find us at an expo near you.
Want to Join a Coin Club in Pennsylvania?
Are you looking for a group of individuals near you who share your love of collectible coins? We maintain an updated list of Pennsylvania coin clubs. Don't see your club? Let us know.
Want to Buy Coins Locally?
Looking for somewhere nearby where you can purchase coins or other precious metal items? Check out our coin shop directory to find a place to buy coins near you.
Do you know 20 facts about Pennsylvania?
Pennsylvania is one of America's oldest states, and its history is our nation's history. Filled with interesting events and people, here are twenty facts you may not know about Pennsylvania.