The State of Iowa mandates the imposition of sales taxes on certain items sold by Registry Coins and shipped to an Iowa address. It is imperative to collect these taxes on (1) any bullion products made of copper; (2) any coins that currently are not, or were not previously, used as legal tender; (3) accessory items; and (4) processed items.

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

Bullion: Gold, silver, platinum, palladium, or a blend of these metals in the form of bars, ingots, or commemorative medallions, whose worth is determined by their metal content rather than their physical shape.

Coins: A coin made of gold, silver, or other metal which is or has been used as legal tender.

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

If you operate as an Iowa-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.

Registry Coins began collecting sales taxes in Iowa on May 1, 2024. Our sales tax license number in Iowa is 3-02-708827.

Please note: The preceding overview does not cover all aspects of sales tax laws and requirements in the State of Iowa. 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 Iowa, we suggest you visit the Iowa Department of Revenue located at https://tax.iowa.gov/.