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American Gold Eagle Coin
Mint Tube of 20 American Gold Eagle 1 Oz Coins – 2024
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American Gold Eagle Coin
Tube of 50 1/10 Oz American Gold Eagle Coins of Random Year
$14,377.79 Add to cart
South Dakota is lightly-populated, especially in the western part of the state. Agriculture and ranching are the largest sectors of the economy in South Dakota, with tourism, mining, and government spending accounting for much of the rest. The famous Black Hills and Mount Rushmore are found in South Dakota.
South Dakota has a long history of gold and silver mining. Much gold was found in the Black Hills, sparking a gold rush in the late 1800’s. Gold mines, such as the one in the town of Lead, continued to operate until only recently.
Are There Taxes on Buying Gold and Silver Bullion in South Dakota?
Many coin and bullion items are exempt from sales tax in South Dakota. Exempt bullion items are any medallions, bars, or ingots made of gold, silver, platinum, or palladium, including any alloy of those metals. Exempt currency and coins are those which have been, or currently are, used as legal tender. Other numismatic items, such as tokens, are not exempt under this law as they do not fit the criteria for exemption. These types of items are subject to the South Dakota state sales tax of 4%. Additional local taxes can increase this rate even higher. CBMint is not based in South Dakota and South Dakota residents do not have to pay any sales taxes when buying bullion online from CBMint. Please feel free to Browse our Selection of tax-free bullion products. The South Dakota sales tax laws can be read in more detail here: http://state.sd.us/drr2/businesstax/publications/taxfacts/financial.pdf Please note, we are not tax professionals or experts. Individuals are sometimes liable to pay local Use taxes. Contact your state and local tax authorities for all laws concerning taxes when buying bullion locally in South Dakota.List of South Dakota Cities with Gold and Silver Dealers
- Sioux Falls
- Rapid City
- Vermillion
- Pierre
- Yankton