Collectible / Gold and Silver State Sales Taxes in South Carolina
South Carolina Laws and Regulations
The State of South Carolina requires the collection of sales taxes on certain products sold by Silver.com and delivered to a South Carolina address. These taxes must be collected on copper products; accessory items; and processed items. All other products sold by Silver.com are exempt from these taxes.
The following definitions apply to products on which these taxes must be collected in South Carolina:
- 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.
As required by South Carolina law, Silver.com is required to notify its South Carolina customers of the following:
INDIVIDUAL 85 YEARS AND OLDER
You are entitled to a 1% state sales tax reduction on items purchased for your personal use. You must ask for the reduction and present proof of your age.
If you are a South Carolina customer who wishes to claim this 1% reduction in sales tax, please place your order through Silver.com’s toll-free customer service number, 1-800-276-6508. Our customer service representatives will be happy to place your order for you and apply the 1% reduction in sales tax. Before your order is shipped, you will be required to mail, email or fax a copy of a document to Silver.com providing proof of your age.
Sales taxes in South Carolina are calculated at checkout on the Silver.com website based on (1) the taxability of products sold by Silver.com in South Carolina set forth above, and (2) the specific tax rates established by the taxing jurisdiction of the delivery address in South Carolina.
Silver.com will begin collecting sales taxes in South Carolina on November 1, 2018. Our sales tax number in South Carolina is 102924631.
Please note: The above is not a comprehensive description of sales tax laws and requirements in the State of South Carolina. 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 South Carolina that relate to the reader’s transactions with Silver.com. If you would like to research the sales tax laws and requirements in the State of South Carolina, we suggest you visit the South Carolina Department of Revenue located at https://dor.sc.gov/.