Anyone dealt with The Executive Coin Co. of Stow, OH?

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ajaan
ajaan Posts: 18,005 ✭✭✭✭✭
in U.S. Coin Forum

If so, please PM me with your experience.


DPOTD-3
'Emancipate yourselves from mental slavery'

CU #3245 B.N.A. #428


Don

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  • Acarroll
    Acarroll Posts: 242 ✭✭✭✭
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    I've bought from them a handful of times, haven't had a bad experience.

  • ajaan
    ajaan Posts: 18,005 ✭✭✭✭✭
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    Did they charge sales tax on a delivery outside of Ohio?


    DPOTD-3
    'Emancipate yourselves from mental slavery'

    CU #3245 B.N.A. #428


    Don
  • BStrauss3
    BStrauss3 Posts: 3,906 ✭✭✭✭✭
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    They would need to based on their sales history and the Wayfair decision.

    I've met them at several coin shows and they have an extensive inventory.

    -----Burton
    ANA 50+ year/Life Member (now "Emeritus")
    Author: 3rd Edition of the SampleSlabs book, https://sampleslabs.info/
  • ajaan
    ajaan Posts: 18,005 ✭✭✭✭✭
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    They have a coin I'm interested in. When I went to check out they charged a sales tax of $38. I'm not in Ohio.


    DPOTD-3
    'Emancipate yourselves from mental slavery'

    CU #3245 B.N.A. #428


    Don
  • Maywood
    Maywood Posts: 4,385 ✭✭✭✭✭
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    Shipping to an out of state(Ohio) address shouldn't require any tax to be collected. There are, however, tax laws between states and some in-state tax laws which may require that the shipper collect tax. To be honest, I don't have a clue as to how that all works so if it really matters you should ask Executive Coin or somebody who knows about your state's tax collection requirements.

    "Those who would give up essential Liberty, to purchase a little temporary Safety, deserve neither Liberty nor Safety," --- Benjamin Franklin

  • U1chicago
    U1chicago Posts: 6,993 ✭✭✭✭✭
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    @ajaan said:
    They have a coin I'm interested in. When I went to check out they charged a sales tax of $38. I'm not in Ohio.

    As @BStrauss3 mentioned, it does not matter that you are not in the state of the seller. As long as your state has sales tax on coins, they have to charge you sales tax (if certain thresholds are met for total sales for the seller). If your state does not have sales tax, then you should contact them to have it removed (unless it is eBay, where the seller does not have control if eBay erroneously charges sales tax).

  • ajaan
    ajaan Posts: 18,005 ✭✭✭✭✭
    edited August 10, 2025 4:24PM
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    My state has sales tax on coins. I buy coins from other states and don't pay sales tax. Great Collections and NEN don't charge sales tax. This isn't an eBay sale.


    DPOTD-3
    'Emancipate yourselves from mental slavery'

    CU #3245 B.N.A. #428


    Don
  • BStrauss3
    BStrauss3 Posts: 3,906 ✭✭✭✭✭
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    Maybe GC hasn't hit the threshold in your state.

    -----Burton
    ANA 50+ year/Life Member (now "Emeritus")
    Author: 3rd Edition of the SampleSlabs book, https://sampleslabs.info/
  • Acarroll
    Acarroll Posts: 242 ✭✭✭✭
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    @ajaan said:
    Did they charge sales tax on a delivery outside of Ohio?

    No. I live in Michigan, there's no sales tax on coins or bullion here.

  • Russell12
    Russell12 Posts: 849 ✭✭✭✭✭
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    @ajaan said:
    If so, please PM me with your experience.

    isn't PMing here sorta against what this forum is about?

  • U1chicago
    U1chicago Posts: 6,993 ✭✭✭✭✭
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    @ajaan said:
    My state has sales tax on coins. I buy coins from other states and don't pay sales tax. Great Collections and NEN don't charge sales tax. This isn't an eBay sale.

    Some dealers have not hit the threshold and some probably should be collecting but either don't know it or choose not to. If this dealer is collecting tax, they seem to believe they need to (their interpretation of the law) and are unlikely to waive the tax for an online transaction.

  • ajaan
    ajaan Posts: 18,005 ✭✭✭✭✭
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    I would think GC would have hit the threshold in New York. But I don't know.


    DPOTD-3
    'Emancipate yourselves from mental slavery'

    CU #3245 B.N.A. #428


    Don
  • jmlanzaf
    jmlanzaf Posts: 43,047 ✭✭✭✭✭
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    @ajaan said:
    My state has sales tax on coins. I buy coins from other states and don't pay sales tax. Great Collections and NEN don't charge sales tax. This isn't an eBay sale.

    Each State has rules which determine whether the business has nexus in the state. In some cases it is an annual sales figure.

    You should not assume that you are exempt.

    All comments reflect the opinion of the author, even when irrefutably accurate.

  • jmlanzaf
    jmlanzaf Posts: 43,047 ✭✭✭✭✭
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    @Russell12 said:

    @ajaan said:
    If so, please PM me with your experience.

    isn't PMing here sorta against what this forum is about?

    Not at all. That's why we have the ability to PM each other. Why should all communication be public? If I need your address to send a coin, should you be forced to publish it publicly.

    All comments reflect the opinion of the author, even when irrefutably accurate.

  • jesbroken
    jesbroken Posts: 11,252 ✭✭✭✭✭
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    I may have bought 10 coins from them and never, ever a problem of any kind.
    Jim


    When a man who is honestly mistaken hears the truth, he will either quit being mistaken or cease to be honest....Abraham Lincoln

    Patriotism is supporting your country all the time, and your government when it deserves it.....Mark Twain
  • GAC
    GAC Posts: 43 ✭✭✭
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    @ajaan said:
    I would think GC would have hit the threshold in New York. But I don't know.

    It doesn’t matter where the company is located, it matters where the item is shipped. New York is a weird state for sales tax. They distinguish between coins and bullion; coins are taxable, while bullion is exempt under certain conditions. There’s a gray area, though, for example, if you buy a graded $20 Liberty close to spot price, some might argue it’s just bullion.

  • JeffersonFrog
    JeffersonFrog Posts: 1,183 ✭✭✭✭✭
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    Assuming this is an online transaction, Ohio is one of 12 "origin states," meaning the transaction is taxed based on where the sale originated; in this case, Ohio. According to Heritage's handy-dandy tax table, Ohio does tax US and World coins.

    If we were all the same, the world would be an incredibly boring place.

    Tommy

  • World67
    World67 Posts: 13,098 ✭✭✭✭✭
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    Top notch

  • Walkerfan
    Walkerfan Posts: 10,392 ✭✭✭✭✭
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    Great folks!!

    Sometimes, it’s better to be LUCKY than good. 🍀 🍺👍

    My Full Walker Registry Set (1916-1947):

    https://www.ngccoin.com/registry/competitive-sets/16292/

  • Coins3675
    Coins3675 Posts: 1,139 ✭✭✭✭
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    I have bought from them before, it was a good expierence.

    Successful Transactions With: JWP, DBSTrader2, greencopper, bretsan, ajaan, Ted1, Desert Coin, olah_in_MA

  • Cranium_Basher73
    Cranium_Basher73 Posts: 3,826 ✭✭✭✭✭
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    They're regulars at the Michigan State fall conventions. Not quite sure about the spring shows. I don't really attend the spring shows.

    Throw a coin enough times, and suppose one day it lands on its edge.

  • dbldie55
    dbldie55 Posts: 7,753 ✭✭✭✭✭
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    I have dealt with them many times over the years. Never an issue. Never been charged a sales tax either as I live in a no sales tax state so cannot comment on whether you should have been charged (but I suspect your state would think you should)

    Collector and Researcher of Liberty Head Nickels. ANA LM-6053
  • hummingbird_coins
    hummingbird_coins Posts: 1,671 ✭✭✭✭✭
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    @JeffersonFrog said:
    Assuming this is an online transaction, Ohio is one of 12 "origin states," meaning the transaction is taxed based on where the sale originated; in this case, Ohio. According to Heritage's handy-dandy tax table, Ohio does tax US and World coins.

    Thanks for this information - I bought a coin on eBay two days ago from a seller located in Ohio and couldn't figure out why I was being taxed, as I live in a state where coins are exempt from sales tax.

    Young Numismatist • My Toned Coins
    Life is roadblocks. Don't let nothing stop you, 'cause we ain't stopping. - DJ Khaled

  • 1Bufffan
    1Bufffan Posts: 675 ✭✭✭✭
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    Same thing happens if you buy a coin from Massachusetts, they must have a state sales tax no matter where it goes as long as it was sold in the state the dealer must have to charge you the tax.

  • Morgan13
    Morgan13 Posts: 2,692 ✭✭✭✭✭
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    In Massacbusetts you do not get charged sales tax on coin purchases above $1000. I am not sure about bullion.

    Student of numismatics and collector of Morgan dollars
    Successful BST transactions with: Namvet Justindan Mattniss RWW olah_in_MA
    Dantheman984 Toyz4geo SurfinxHI greencopper RWW bigjpst bretsan MWallace logger7 JWP BruceS bigjpst
    JWP PROMETHIUS88

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