The State of Illinois mandates the imposition of sales taxes on certain items sold by Registry Coins and shipped to an Illinois address. It is imperative to collect these taxes on (1) palladium products; (2) copper products; (3) any bullion with a purity of less than 980 parts per 1,000; (4) any coins that were issued by any other U.S. state other than the State of Illinois; (5) accessory items; and (6) processed items.

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

Bullion: Gold, silver, or platinum in a bulk state with a purity of less than 980 parts per 1,000.

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.

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

Registry Coins began collecting occupation taxes in Illinois on May 1, 2024. Our occupation tax license number in Illinois is 4529-1640.

If you operate as an Illinois-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 note: The preceding overview does not cover all aspects of sales tax laws and requirements in the State of Illinois. 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 Illinois, we suggest you visit the Illinois Department of Revenue located at https://www2.illinois.gov/rev/Pages/default.aspx.