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Live Spot Prices

Gold 1785.03 16.07
Silver 22.62 0.17
Platinum 942.04 -3.46

Connecticut Sales Tax on Gold & Silver Bullion / Coins

Rules and Regulations for the State of Connecticut

BGASC ships gold and silver bullion to Connecticut BGASC is required to collect tax on some items shipping to Connecticut, however sales tax will not be charged for Rare or Antique coins, Gold or Silver bullion and Gold or Silver legal tender of any nation, traded according to its value as precious metal, if the total amount of a single sales transaction for these items is $1,000 or more as qualifying purchases are exempt from sales tax when shipping to a Connecticut address.

The State of Connecticut requires the collection of sales taxes on certain products sold by BGASC and delivered to a Connecticut address. These taxes must be collected on (1) platinum, palladium, and copper products; (2) certain numismatic coins; (3) accessory items; (4) processed items; and (5) any single sales transaction comprised of gold and silver products for which the transaction amount is less than $1,000. All other products sold by BGASC are exempt from these taxes.

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The following definitions apply to products on which taxes must be collected in Connecticut:

  • Certain Numismatic Coins: Precious metal coins that are not, or never were, used as legal tender of any government of the world.
  • Single Sales Transaction: Determined per invoice, and not on a line-item basis.
  • Accessory Items: Items such as holders, tubes, coin flips, and apparel.
  • Processed Items: Precious metals that have been processed by third parties into items that are valued on more than their precious metal content, such as statues or colorized coins.

Sales taxes in Connecticut are calculated at checkout on the BGASC website based on (1) the taxability of products sold by BGASC in Connecticut set forth above, and (2) the specific tax rates established by the taxing jurisdiction of the delivery address in Connecticut.

BGASC began collecting taxes in Connecticut on April 1, 2019.

Please Note: The above is not a comprehensive description of sales tax laws and requirements in the state of Connecticut. it is only intended to provide the reader with a brief overview of those sales tax laws and requirements currently in effect in the state of Connecticut that relate to the reader's transactions with BGASC. if you would like to research the sales tax laws and requirements in the state of Connecticut, we suggest you visit the Connecticut department of revenue located at https://portal.ct.gov/drs.

Buying Gold and Silver in Connecticut

Buying precious metals from online dealer BGASC has some major advantages. Though BGASC is physically located in Calabasas California, we ship all over the United States, every day.

BGASC offers a huge selection of coin and bullion products for Connecticut residents to choose from. Buyers can shop by metal type or by form such as coin, round or bar. In addition to potential cost savings, shopping online at BGASC is convenient and can be done from the comfort of your own home or office. Simply pick the coin or bullion products you want to buy, complete the simple checkout process, and your metals will be quickly shipped to your home or other destination of choice. Your precious metals purchases are fully insured and tracked while in transit.

Benefits to buying gold & silver online at BGASC.com:

  • Gold and silver shipped directly to your door
  • Lower prices than most physical coin stores
  • Wide selection
  • 24/7 online ordering 365 days a year
  • Friendly & knowledgeable customer service

Because online precious metals dealer BGASC may have lower overhead than brick and mortar coin shops, we are be able to pass savings on to our customers. BGASC offers some of the lowest prices available for precious metals.

BGASC is proud to serve the residents of Connecticut, and offers a great value and buying experience.

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