Maine Tax Regulations for Precious Metals

As defined in state code Title 36 Part 3 Sales & Use Tax, §1760, ALL items sold by Gainesville Coins are subject to state sales tax when shipped to a Maine address.

Our Registration Number is 1195249. Maine Retailer's Certificate effective 11/01/2018..

Maine Tax Code - Sales Tax Exemptions For Precious Metals

Title 36 Part 3 Sales & Use Tax, §1760 exemptions.

There is no exemption listed for rare and collectible coins or collectible currency, thus they are subject to the 5.5% Maine Sales Tax when sold and delivered to a customer in Maine. Metal coins, foreign coins, and bars or ingots, are not listed as exempt either in the statute, and therefore it would be a sale of tangible personal property, subsequently subject to the 5.5% Maine Sales Tax when sold and delivered to a customer in Maine.

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