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Buying gold in Vegas

Discussion in 'Misc. Vegas Chat' started by MWJ51102, May 5, 2013.

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  1. MWJ51102

    MWJ51102 Low-Roller

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    In my home state, sales tax is charged on all gold coin purchases. Through research on the internet, I have found that NV does not charge sales tax on it.

    So, I want to buy some coins when I'm in Vegas next week on vacation.

    Sahara Coins is a recommended business by the US Mint, so that is an option. Has anyone had any experience with another retailer?

    Also, what are my options as far as how to pay? Cash only? I'll be on vacation for 3 days in Phoenix before I get to Vegas and don't really want to carry a lot of extra cash.

    Thanks,

    Joe
     
  2. shifter

    shifter Degenerate Gambler

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    tax or not you have to look at the overall price. if you're paying a higher price over spot in NV it could cost you more than you'd pay in tax in your home state.
     
  3. MWJ51102

    MWJ51102 Low-Roller

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    I agree. I looked into that. At 7% tax on around $1600/coin that's $112 in sales tax per coin. If I could buy here from a retailer at spot then I would, but that's not possible.
     
  4. MWJ51102

    MWJ51102 Low-Roller

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    Follow up question:

    Does anyone know the % premium at the golden nuggets gold ATM?

    Read somewhere that its only 5%. If it helps I'm wanting gold eagles.

    Thanks.
     
  5. HoyaHeel

    HoyaHeel Grammar Police & Admin

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    We've used Sahara Coin as well as another place on the East side - It was a few years ago - I'll ask my husband for info.....
     
  6. HoyaHeel

    HoyaHeel Grammar Police & Admin

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    Fremont Coins
    3375 Glen Ave # 6 Las Vegas, NV 89121
    (702) 382-1469

    Near the intersection of Boulder Hwy and East Sahara

    (I don't think there's a website so you'd have to call to see if he has what you're interested in)
     
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