Maryland
Last updated on May 21, 2023

Maryland Sales Tax Guide

This tax guide provides a detailed and technical, yet easy-to-read, overview of the state sales tax rules for BOLD Precious Metals in Maryland. BOLD's sales tax license number is 18466342, and their phone number is 1-866-454-2653.

"In Maryland, the sales tax rules for precious metals depend on the total order amount and the type of item"


Fully Exempt if Total Order Amount is Greater than $1,000:

  1. Old or collectible coins that were formerly accepted as legal tender in the United States or other nations, with a value determined by their scarcity, need, condition, and production. Uncirculated and proof coins fall under this category.

  2. Coins manufactured in the US or other nations using purified gold or silver, whose worth is decided by the shifting market prices for precious metals. These coins are commonly acquired as assets and may be retained in an IRA under 26 USCS 408(m).

  3. Bars, ingots, or other products comprising pure gold or silver of 99.5% pure or higher, platinum of 99.95% fineness or higher, refined valuable metals of 99.95% pure or more, or purified palladium of 90% purity or higher but below required purity criteria.

Taxable at State Sales Tax Rate:

  1. Rare or antique coins that were initially legal tender in the USA or other nations and whose value is determined by rarity, popularity, condition, and mintage, which incorporates uncirculated coins and proofs.

Sales taxes in Maryland are computed at checkout depending on the taxability of items offered by BOLD Precious Metals and the particular tax rates charged by the taxing authority of the delivery location in Maryland.

Maryland-Based Resellers:

To file a Reseller Certificate with BOLD Precious Metals, please email it to  [email protected] or mail it to BOLD Precious Metals, LLC, 7301 Ranch Road 620 N Suite 155-194, Austin, TX 78726-4537. As long as your Reseller Certificate is still in effect, you are not subject to sales tax on subsequent purchases after receiving it.

Contact Bold

If you have any questions or need assistance, please contact BOLD's customer support team:

1(866) 454-2653 [email protected]

Important

This information doesn't cover all sales tax laws and requirements in Maryland. It only provides a detailed and technical overview of the current sales tax laws and requirements for transactions with BOLD Precious Metals. For further research on sales tax laws and requirements in Maryland, we recommend visiting the Maryland Comptroller's Office at  https://www.marylandtaxes.gov/.

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