National Coin & Bullion Association Archives

Tennessee Latest State to End Tax on Coins, Currency & Bullion

May 4, 2022 by Clinton

The following is a press release from the National Coin & Bullion Association (NCBA) announcing that Tennessee has become the latest state to have sales tax exemption on retail sales of coins, currency, and bullion. It becomes the 41st state do make such a tax change for collectors and investors. Tennessee has gained a complete sales-tax exemption on the retail sales of coins, currency, and precious-metals bullion. On April 27, 2022, the Tennessee House substituted …

NCBA Announces Arkansas and Ohio Coin Dealers Receives Service Awards

January 25, 2022 by Clinton

The following is a Press Release from the National Coin & Bullion Association (NCBA) announcing that Dan Hedges (Auro Industries, Little Rock, Arkansas) and David Miholer (The Executive Coin Company, Stow, Ohio) have won the 2021 Diane Piret Memorial Outstanding Service Award. The National Coin & Bullion Association dealer-members Dan Hedges (Auro Industries, Little Rock, Arkansas) and David Miholer (The Executive Coin Company, Stow, Ohio) have received the association’s 2021 Diane Piret Memorial Outstanding Service …

NCBA Launches New Concerned Collectors Coalition

January 13, 2022 by Clinton

The following is a Press Release from the National Coin & Bullion Association (NCBA) announcing that is replacing its current consumer level membership with the new Concern Collections Coaltion. Designed for the numismatic community who’s primary source of income is not generated from sales of numismatic materials, the Concerned Collectors Coalition will provide a voice at the federal and state legislator level on numismatic issues. The National Coin & Bullion Association is replacing our Consumer …

Ohio Budget Bill Reinstates Investment Bullion and Coin Sales-Tax Exemption

July 8, 2021 by Clinton

The National Coin & Bullion Association has announced that the state of Ohio has reinstated the sales tax exemption for the purchase of investment metal bullion and coins. The exemption had been limited from the previous budget and will go into effect on October 1, 2021. 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 previous budget. Two bills, House Bill …

Arkansas Governor Hutchinson Signs Bill Providing Sales-Tax Exemption

May 6, 2021 by Clinton

The following is a Press Release from the National Coin & Bullion Association (formerly ICTA) announcing that Arkansas Governor Asa Hutchinson has signed into law the tax exemption of sales and use tax for coins, currency, & bullion. The new law goes into effect on October 1, 2021. On May 3, 2021, Arkansas governor Asa Hutchinson signed into law Senate Bill 336, creating an exemption from the sales and use tax for coins, currency, and …