Rastatodd wrote:I was at the coin shop to see how the day panned out there. Was surprised at all the silver in his display case. Was sitting around with the clerk talking over the silver situation when a young man in his twenty's walk in wanting to buy silver. Clerk asked him how much he was looking to buy, when he said $10,000. Well I took a double take thinking yeah right. Behold he threw down bundles of hundred dollar bills, I kid you not. Well I thought buying bullion in Minnesota will cost you sales tax of 8 cents for every dollar spent on silver. The young man should of place a order with online bullion dealer and saved the tax money. But he walked out of that shop loaded down, I hope the old Saturn he drove could take the weigh. Just maybe he was cost averaging in a very large scale!
Rastatodd wrote:Well I thought buying bullion in Minnesota will cost you sales tax of 8 cents for every dollar spent on silver. The young man should of place a order with online bullion dealer and saved the tax money.
inflationhawk wrote:I've nearly had it with ebay. They no longer allow you to use ebay bucks for silver or gold bullion purchases (well, for items listed in that category anyway). Ebay charges outrageous fees to sell things too. Between ebay fees and paypal fees, it doesn't make sense to sell there anymore. Next time I want to sell anything, I'll come to Realcent....although most here are wise enough to not pay the prices you can get on ebay for non-bullion items. Now is not the time to sell anyway. Time to start re-stocking.
Neckro wrote: I dont see the issue, can't use ebay bucks on bullion? Use ebay bucks to buy ebay giftcard, and use that card to buy the bullion.
Rastatodd wrote:I was at the coin shop to see how the day panned out there. Was surprised at all the silver in his display case. Was sitting around with the clerk talking over the silver situation when a young man in his twenty's walk in wanting to buy silver. Clerk asked him how much he was looking to buy, when he said $10,000. Well I took a double take thinking yeah right. Behold he threw down bundles of hundred dollar bills, I kid you not. Well I thought buying bullion in Minnesota will cost you sales tax of 8 cents for every dollar spent on silver. The young man should of place a order with online bullion dealer and saved the tax money. But he walked out of that shop loaded down, I hope the old Saturn he drove could take the weigh. Just maybe he was cost averaging in a very large scale!
Cu Penny Hoarder wrote:Rastatodd wrote:I was at the coin shop to see how the day panned out there. Was surprised at all the silver in his display case. Was sitting around with the clerk talking over the silver situation when a young man in his twenty's walk in wanting to buy silver. Clerk asked him how much he was looking to buy, when he said $10,000. Well I took a double take thinking yeah right. Behold he threw down bundles of hundred dollar bills, I kid you not. Well I thought buying bullion in Minnesota will cost you sales tax of 8 cents for every dollar spent on silver. The young man should of place a order with online bullion dealer and saved the tax money. But he walked out of that shop loaded down, I hope the old Saturn he drove could take the weigh. Just maybe he was cost averaging in a very large scale!
According to federal law, the dealer will have to report that cash transaction. If the buyer had spent $9999, the dealer would not need to report it.
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