Colorado Gold & Silver Bullion / Collectible State Sales Taxes

Rules and Regulations for the State of Colorado

The State of Colorado requires the collection of sales taxes on certain products sold by Electrum Gold and delivered to a Colorado address.  These taxes must be collected on (1) copper products; (2) certain numismatic coins and bullion; (3) accessory items; and (4) processed items.  All other products sold by Electrum Gold are exempt from these taxes.

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

• Certain Numismatic Coins and Bullion. Precious metal coins and bullion that are not, or never were, used as currency or mediums of exchange in the United States or a foreign country.
• 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.

The State of Colorado also requires the collection of a $0.27 Colorado Retail Delivery Fee on each order sold by Electrum Gold that has sales taxes on such order, and where such order is delivered to a Colorado address by a motor vehicle.  The Colorado Retail Delivery Fee became effective on July 1, 2022.  If you would like to learn more about the Colorado Retail Delivery Fee, we suggest you visit the Colorado Department of Revenue Retail Delivery Fee webpage located at https://tax.colorado.gov/retail-delivery-fee.

Sales taxes in Colorado and the Colorado Retail Delivery Fee are calculated based on (1) the taxability of products sold by Electrum Gold in Colorado set forth above, and (2) the specific tax rates established by the taxing jurisdiction of the delivery address in Colorado.

PLEASE NOTE:  THE ABOVE IS NOT A COMPREHENSIVE DESCRIPTION OF SALES TAX LAWS AND REQUIREMENTS IN THE STATE OF COLORADO.  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 COLORADO THAT RELATE TO THE READER’S TRANSACTIONS WITH ELECTRUM GOLD.  IF YOU WOULD LIKE TO RESEARCH THE SALES TAX LAWS AND REQUIREMENTS IN THE STATE OF COLORADO, WE SUGGEST YOU VISIT THE COLORADO DEPARTMENT OF REVENUE LOCATED AT HTTPS://WWW.COLORADO.GOV/REVENUE.