The State of West Virginia mandates the imposition of sales taxes on certain items sold by Registry Coins and shipped to a West Virginia address. It is imperative to collect these taxes on (1) copper products, unless such copper product is a numismatic coin or otherwise a form of money or legal tender that has a fair market value greater than its nominal face value; (2) any product that has not been put through a process of smelting or refining; (3) any item subjected to smelting or refining, but whose worth is determined more by its physical form than its intrinsic content; (4) any coins that are not used as money or legal tender and are not numismatic coins; (5) any coins utilized as currency or legal tender, with a fair market value not exceeding their nominal face value; (6) accessory items; and (7) 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 West Virginia:

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

Numismatic Coins: Coins that possess an added external worth surpassing the intrinsic value of the precious metal they contain, attributed to factors such as rarity, condition, age, or other external influences.

Coin: A small, flat, round piece of metal which is, or has been used as legal tender, with a number showing its value and often a decorative picture.

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

Registry Coins began collecting sales taxes in West Virginia on May 1, 2024. Our sales tax license number in West Virginia is 2463-9739.

If you operate as a West Virginia-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 West Virginia. 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 West Virginia, we suggest you visit the West Virginia Department of Revenue at https://revenue.wv.gov/Pages/default.aspx.