If you are familiar with buying or selling bullion, you understand how such transactions are different. Most importantly, there are various local, state and federal taxes to take into account.
If you are looking into buying or selling precious metal bullion in the state of Colorado, here are a few regulations and considerations to consider.
Colorado bullion buyers are in luck! Retail sales of precious metal bullion are exempt from any state sales tax. Additionally, this exemption also applies to any potential local or county taxes that may be present.
Federal capital gains tax still applies in Colorado. Currently, the highest capital gains tax is 4.6% with a total combined tax rate of no more than 27.8%.
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.
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.
Are you looking for a local Colorado coin club? We have an updated list of coin clubs you can connect with in the Centennial State. If your current club is not part of our list, let us know.
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.
Colorado is one of the most naturally beautiful states, and its history, people, and events also make it one of our country’s most treasured places. Continue reading to learn 20 interesting facts about Colorado.