The State of Florida mandates the imposition of sales taxes on certain items sold by Registry Coins and shipped to a Florida address. It is imperative to collect these taxes on (1) coins or currency of the United States if such coins or currency are not legal tender of the United States at the time of the sale of such coins or currency unless the aggregate sales price of such coins or currency exceeds $500 in a single sales transaction; (2) any coins or currency that are not legal tender in any country unless the aggregate sales price of such coins or currency exceeds $500 in a single sales transaction; (3) Any legal tender coins or currency from countries other than the United States, sold at a price exceeding their current exchange rate, unless the aggregate sales price of such coins or currency exceeds $500 in a single transaction; (4) any coins or currency, recognized as legal tender in countries other than the United States, lacking a specified face value, unless their combined sales value in a single transaction surpasses $500; (5) bullion, defined as gold, silver, or platinum in the form of bars, ingots, or plates, normally sold by weight unless the total sales price for such bullion in a single sales transaction exceeds $500; (6) palladium or copper in the form of bars, ingots or plates, regardless of the dollar amount of the transaction; (7) accessory items; and (8) processed items. All other products sold by Registry Coins are exempt from these taxes.

The ensuing definitions pertain to products subject to tax collection in Florida:

Legal Tender: Coins or currency that are acceptable as a measure of value and a standard of exchange for goods and services.

Single Sales Transaction: Determined per invoice, and not on a line-item basis.

Accessory Items: Items such as holders, tubes, coin flips, and apparel.

Processed Items: Refined precious metals transformed by third parties into objects esteemed for qualities beyond their metal value, such as colorized coins or statues.

Sales taxes in Florida are calculated at checkout on the Registry Coins website based on (1) the taxation status of items vended by Registry Coins in Florida as delineated earlier, and (2) the particular tax rates set by the taxing jurisdiction at the delivery location in Florida.

Registry Coins began collecting sales taxes in Florida on May 1, 2024. Our sales tax license number in Florida is 78-8019437345-9.

If you operate as a Florida-based reseller and intend to submit a Reseller Certificate to Registry Coins, please get in touch with us at Contact@RegistryCoins.com. After we’ve received your filled-out Reseller Certificate, we’ll input it into our system. As long as your Reseller Certificate remains valid and active, you will not incur any sales taxes on future orders. Please be aware that Florida mandates resellers to renew their Reseller Certificate annually. Every Florida Reseller Certificate expires on December 31st of each year. Consequently, any reseller utilizing Registry Coins’s website will need to provide a valid Reseller Certificate for each calendar year.

Please note: The preceding overview does not cover all aspects of sales tax laws and requirements in the State of Florida. Its aim is to offer a concise summary of the relevant laws and requirements pertaining to transactions with Registry Coins that are currently applicable in the state. If you would like to research the sales tax laws and requirements in the State of Florida, we suggest you visit the Florida Department of Revenue located at http://floridarevenue.com/pages/default.aspx.