Rare Coin & Currency Collecting News: National Coin and Bullion Association
24 Stories Found
New NCBA Website Launched
The National Coin & Bullion Association (the trade name for the Industry Council for Tangible Assets) has officially launched our new website — ncbassoc.org.
NCBA Names New Officers and Uncontested Board Members
Patrick Ian Perez, vice president data & content of Greysheet in Virginia Beach, Virginia, was named as the new chair.
Volunteer State Coin Dealer and Legislators Honored with Service Awards
The NCBA acknowledged their outstanding efforts at the January 2023 Orlando FUN Show.
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NCBA Committee Makes Commemorative Coin Recommendations
The numismatic industry organization recommendations include two coin programs for 2023 and one for 2026 to feature the endangered species act, NASCAR, and the World Cup soccer event.
Volunteer State Ends Tax on Coins, Currency, and Bullion
Tennessee has gained a complete sales-tax exemption on the retail sales of coins, currency, and precious-metals bullion.
Alabama Bill Amends Bullion Definition, Extends Expiration Date, and Repeals Reporting Requirements
In the summer of 2016, Phil Darby (J & P Coins and Currency) and Steve Caiola (Alabama Gold Refinery) started collaborating with the National Coin & Bullion Association on a campaign to obtain a statewide coin, currency, and precious-metals bullion sales-tax exemption.
Virginia Sales-Tax Exemption Extended and Threshold Removed
On March 2, Virginia governor Glenn Youngkin signed House Bill 3, which extends the sunset date for the sales-tax exemption on gold, silver, and platinum bullion and legal tender coins to June 30, 2025. Under the previous law, the exemption would have expired on June 30, 2022.
Arkansas and Ohio Coin Dealers Receives Service Awards
The National Coin & Bullion Association dealer-members Dan Hedges (Auro Industries, Little Rock, Arkansas) and David Miholer (The Executive Coin Company, Stow, Ohio) have received the association's 2021 Diane Piret Memorial Outstanding Service Award for their continuous dedication and financial contributions to obtaining a sales-tax exemption on sales of collector coins, bullion coins, bullion, and currency in the state of Arkansas and reinstating Ohio's exemption for precious-metal and investment coins and bullion, respectively.
New Concerned Collectors Coalition to Replace Consumer Patron Membership
The National Coin & Bullion Association is replacing our Consumer Patron-level membership with a new, FREE membership dedicated to collectors.
NCBA Anti-Money Laundering Act of 2020 Q&A CANCELLED
The National Coin & Bullion Association's ""Anti-Money Laundering Act of 2020 Q&A,"" is CANCELLED and will be rescheduled.
Support Campaigns to Protect Your Business from State Greed
In light of the Supreme Court's South Dakota v. Wayfair decision, what would it mean for your business to be free of the burden of collecting sales tax on the coins, currency, and precious-metals bullion you sell?
Ohio Budget Bill Reinstates Investment Bullion and Coin Sales-Tax Exemption
The Ohio 2022–2023 budget reinstates the sales-tax exemption for the purchases of investment metal bullion and investment coins that was eliminated in the previous budget.
NCBA Opens Survey, Seeks Dealer Data to Help Combat State Government Estimates
The National Coin & Bullion Association is fighting to preserve sales-tax exemptions on coins, paper money, and precious-metals bullion in 39 states, and we are also working to gain such an exemption in the 11 states that do not currently have one.
Coin and Bullion Dealers, Tell Congress to Support Changes to AML Act of 2020
The Anti-Money Laundering Act of 2020 became law on January 1, 2021, and Congress is currently developing many specific regulations related to the act.
Arkansas Governor Hutchinson Signs Bill Providing Sales-Tax Exemption
On May 3, 2021, Arkansas governor Asa Hutchinson signed into law Senate Bill 336, creating an exemption from the sales and use tax for coins, currency, and bullion.
Florida Passes Economic Nexus and Marketplace Facilitator Law
When the Supreme Court decided in favor of South Dakota in the 2018 case South Dakota v. Wayfair, the landscape for sales across state lines—using any form of communication, including but not limited to telephone, newspaper, mail, or Internet—changed.
ICTA is Rebranding Itself as the National Coin & Bullion Association
Big News. After 36 years, we are releasing a new brand identity, which includes a new name, logo, and website.
Washington State Coin Dealer Dan Duncan Receives Service Award
The Diane Piret Memorial Outstanding Service Award was awarded to Mr. Duncan for his continuous dedication and financial contributions to maintaining Washington State's sales-tax exemption on sales of collector coins, bullion coins, and bullion.
ICTA Announces David Crenshaw as New Executive Director
Jimmy Hayes will step down as executive director at the end of the year, and David Crenshaw will take over the role on January 1, 2021.
""Stay at Home"" Applies to Coin Dealers
ICTA Executive Director Jimmy Hayes provides clarification on local ""Stay at Home"" orders as it applies to coin dealers.
Coin Dealer Dean Schmidt Receives Service Award for Kansas Bill Efforts
He received the 2019 Diane Piret Memorial Outstanding Service Award for his efforts on Kansas House Bill 2140. The bill provides a sales-tax exemption on sales of gold and silver coins and on all gold, silver, platinum, and palladium bullion.
ICTA honors Pat Heller, introduces new board members including CDN's Patrick Ian Perez
ICTA chair John Brush (right) presents Patrick Heller with an engraved clear crystal wave award: Thank You / PATRICK A. HELLER / for 17 years / of Dedicated Service / a
ICTA News: Ohio kills sales-tax exemption for rare coins
ICTA member Dave Miholer (Executive Coin Company, Stow, OH) brought to our attention in May that the Ohio 2020–2021 budget eliminated the sales-tax exemption on the pur
ICTA Chairman John Brush Talks About The Wayfair Decision [Video]
ICTA and the numismatic industry is grappling with a set of new tax-collecting regulations that have spun off from the landmark Wayfair Vs. South Dakota United States Supreme Court ruling last summer.
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