The State of South Carolina exempts most precious metal purchases from sales tax. This applies to legal tender coins, both from the United States and other countries, as well as bullion in the form of bars, rounds, and ingots, typically made from gold, silver, or platinum.

The ensuing definitions pertain to products subject to tax collection in South Carolina:

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

Legal Tender. Coins that must be accepted if offered in payment of a debt.

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.

As required by South Carolina law, Registry Coins is required to notify its South Carolina customers of the following:

INDIVIDUALS 85 YEARS AND OLDER

You are entitled to a 1% state sales tax reduction on items purchased for your personal use. You must ask for the reduction and present proof of your age.

If you’re a customer from South Carolina looking to avail of the 1% reduction in sales tax, kindly make your purchase via Registry Coins’ toll-free customer service hotline at 910-235-2646. Our dedicated customer service team will gladly assist you in placing your order and applying the 1% sales tax reduction. Prior to shipment, you’ll need to submit proof of your age by either mailing, emailing, or faxing a copy of the required document to Registry Coins.

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

Registry Coins began collecting sales taxes in South Carolina on May 1, 2024. Our sales tax license number in South Carolina is 117029447.

If you operate as a South Carolina-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 South Carolina. 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 South Carolina, we suggest you visit the South Carolina Department of Revenue at https://dor.sc.gov/.