Last updated on May 21, 2023

West Virginia Sales Tax Guide

This tax guide provides a detailed, technical, yet easy-to-read overview of the state sales tax rules for BOLD Precious Metals in West Virginia. As BOLD is not currently required to collect state sales tax in West Virginia, we do not have a sales tax license number. However, we are continually analyzing these requirements, and this status may change in the future.

"In West Virginia, the sales tax rules for precious metals depend on the type of item"

Tax Exempt:

Antique and rare coins, formerly accepted as official currency in the United States or various nations, possess value determined by scarcity, popularity, condition, and production quantity. This encompasses pristine coins and authenticated proofs.
Coins manufactured in the USA or other nations using pure metals such as gold, silver, platinum, or palladium, the value of which is set by changes in the global price of precious metals. According to 26 USCS § 408(m), such coins can be stored in an IRA and are often obtained as assets.
Bars, ingots, or other products that include refined gold that is 99.5% pure or refined silver that is 99.9% pure or refined platinum that is 99.95% pure or higher or refined palladium that is 90% pure or greater but below the required fineness criteria.

Taxable at State Sales Tax Rate:

Paper currency, formerly accepted as official payment in the United States and other nations, now holds value determined by its scarcity, market demand, and state of preservation.

West Virginia-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 West Virginia. 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 West Virginia, we recommend visiting the West Virginia State Tax Department at https://tax.wv.gov/.