Sales Tax Law:
Section 144.815.1, bullion and investment coins are “specifically exempted from all local sales taxes.”
The Missouri statute defines bullion as “gold, silver, platinum, or palladium in a bulk state, where its value depends on its content rather than its form, with a purity of not less than nine hundred parts per one thousand.” “Investment coins” is defined as “numismatic coins or other forms of money and legal tender manufactured of gold, silver, platinum, palladium or metals with a fair market value greater than the face value of the coins.”
NPMEX currently does not collect sales tax on orders shipping to Missouri.
NPMEX is in the process of evaluating how the laws and regulations governing the collection of sales taxes in the State of Missouri relate to the products sold by NPMEX. This evaluation will be completed in the near future, and the results of such evaluation will be posted on the NPMEX website.
Capital Gains Tax:
Gold and silver are subject to capital gains taxation when exchanged for Federal Reserve notes or when used in barter transactions.
Please Note: The above is not a comprehensive description of sales tax laws and requirements in the state of Missouri. 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 Missouri that relate to the reader’s transactions with NPMEX. If you would like to research the sales tax laws and requirements in the state of Missouri, we suggest you visit the Missouri department of revenue located at https://dor.mo.gov/.
Buying Gold and Silver in Missouri
Buying precious metals from online dealer NPMEX has some major advantages. Though NPMEX is physically located in Erie Colorado, we ship all over the United States, every day.
NPMEX offers a huge selection of coin and bullion products for Missouri 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 NPMEX 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 NPMEX.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 NPMEX may have lower overhead than brick and mortar coin shops, we are able to pass savings on to our customers. NPMEX offers some of the lowest prices available for precious metals.
NPMEX is proud to serve the residents of Missouri and offers a great value and buying experience.