Foreign coins are bought at 30%-50% of their face value. Older/ outmoded but redeemable paper money from ALL countries are purchased at up to 70% of their face value for major paper currency and lower buy rates for minor paper currencies. World's Money Exchange, Inc. Was established by Anil R. Shah and has been in business since May 1987. We have become a major foreign currency exchange and precious metals dealer by following one simple philosophy: We Buy and Sell At The Best Possible Rate, as well as to serve and place the customer's interest first. Bullion and Coin Sales Tax in Virginia – Exemption for Transactions over $1,000. Sales and use tax exemption; legal tender coins. Exempts legal tender coins whose total transaction sales price exceeds.
Cameo Coins & Collectibles based in Vienna, VA is a world coin dealer for all investors and collectors. We stock and offer a large selection of world coins. Our inventory is ever changing so give us a call if you do not see what you need. Whether you are buying or selling, please come by the showroom for a personal one-on-one assistance with all your world coin needs.
We purchase coins from all countries. Please come by or store or call for an appointment for expert appraisal.
We sell coins and currency from all countries. We have many items in stock and can quickly source special requests.
Sales and use tax exemption; legal tender coins. Exempts legal tender coins whose total transaction sales price exceeds $1,000 from sales and use tax and extends from January 1, 2019, to June 30, 2022, the same exemption for gold, silver, or platinum bullion. The bill has a delayed effective date of January 1, 2018. The provisions of the bill expire on June 30, 2022. This bill is identical to SB 934.
Please take note that we are not experts on tax issues, and you may be liable to pay local Use tax depending on you locality. Please contact your local tax professional for more information.
IRS FORM: 8300 Frequently Asked Questions regarding reporting cash payment of over $10,000.
Download PDF Document Virginia's New Bullion & Coin Sales Tax Exemption Bill
Cameo Coins & Collectibles
444 Maple Avenue
East Vienna, VA 22180
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