Rules and Regulations for the State of Pennsylvania

Sales Tax Law:

According to the Pennsylvania Code, bullion, investment metal, coins, and investment (numismatic coins and legal tender) are not taxed.

NPMEX is required to collect tax on some items shipping to Pennsylvania, however sales tax will not be charged for Gold, Silver, Platinum, or Palladium bullion items or any Legal Tender Coins used as a medium of exchange in the United States or any foreign country as they are exempt from sales tax when shipping to a Pennsylvania address.

The State of Pennsylvania requires the collection of taxes on certain products sold by NPMAX and delivered to a Pennsylvania address. These taxes must be collected on (1) copper products; (2) coins that are not currently, or were not previously, used as legal tender in the United States or any foreign country; (3) accessory items; and (4) processed items. All other products sold by NPMEX are exempt from these taxes.

The following definitions apply to products on which taxes must be collected in Pennsylvania:

  • Coins: A coin made of gold, silver, or other metal which is or has been used as legal tender in the United States or any foreign country.
  • Accessory Items: Items such as holders, tubes or coin flips.
  • Processed Items: Precious Metals that have been processed by third parties into items valued on more than their Precious Metal content, such as jewelry, statues or colorized coins.

Sales taxes in Pennsylvania are calculated at checkout on the NPMEX website based on
(1) the taxability of products sold by NPMEX in Pennsylvania set forth above, and
(2) the specific tax rates established by the taxing jurisdiction of the delivery address in North Dakota.

Capital Gains Tax:

Gold and silver are subject to capital gains taxation when exchanged for Federal Reserve notes or when used in barter transactions.

Please Note: The above is not a comprehensive description of sales tax laws and requirements in the state of Pennsylvania. it is only intended to provide the reader with a brief overview of those sales tax laws and requirements currently in effect in the state of North Dakota that relate to the reader’s transactions with NPMEX. if you would like to research the sales tax laws and requirements in the state of Pennsylvania, we suggest you visit the Pennsylvania department of revenue located at https://www.revenue.pa.gov/Pages/default.aspx.

Buying Gold and Silver in Pennsylvania

Buying precious metals from online dealer NPMEX has some major advantages. Though NPMEX is physically located in Erie Colorado, we ship all over the United States, every day.

NPMEX offers a huge selection of coin and bullion products for North Dakota residents to choose from. Buyers can shop by metal type or by form such as coin, round or bar. In addition to potential cost savings, shopping online at NPMEX is convenient and can be done from the comfort of your own home or office. Simply pick the coin or bullion products you want to buy, complete the simple checkout process, and your metals will be quickly shipped to your home or other destination of choice. Your precious metals purchases are fully insured and tracked while in transit.

Benefits to buying gold & silver online at NPMEX.COM:

  • Gold and silver shipped directly to your door
  • Lower prices than most physical coin stores
  • Wide selection
  • 24/7 online ordering 365 days a year
  • Friendly & knowledgeable customer service

Because online precious metals dealer NPMEX may have lower overhead than brick and mortar coin shops, we are be able to pass savings on to our customers. NPMEX offers some of the lowest prices available for precious metals.

NPMEX is proud to serve the residents of Pennsylvania, and offers a great value and buying experience.