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Texas eliminates sales tax on precious metals coins!

Wednesday, October 9, 2013 11:49:29 AM America/Chicago

Sales Tax Threshold has been REMOVED on ALL Gold, Silver, Platinum Bullion coins and Numismatics in the GREAT state of TEXAS!

We just received information about a new bill passed regarding Precious Metals and Numismatic Bullion coins. VERY EXCITING AND GREAT NEWS FOR PRECIOUS METALS AND RARE COIN BUYERS!

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Posted in Articles By LBCAC Webmaster

Benefits of Owning Rare Coins and Precious Metals

Friday, March 8, 2013 1:03:54 PM America/Chicago

Here are some more benefits of investing and collecting in rare coins and precious metals.

Section 1031 of the Internal Revenue Code provides that no gain or loss shall be recognized on the exchange of property held for productive use in a trade or business, or for investment. A tax-deferred exchange is a method by which a property owner trades one or more relinquished properties for one or more replacement properties of "like-kind", while deferring the payment of federal income taxes and some state taxes on the transaction.

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Posted in Articles By LBCAC Webmaster

Counterfeit Gold & Silver Coins - BEWARE!

Monday, November 14, 2011 5:39:12 PM America/Chicago

Fake Silver and Gold Flood Global Markets; 100,000 Coins From A Single Counterfeiter!

Whether it’s pirated software, poison-infused baby formula, cancer-causing drywall, luxury purses, or fake medicines, if you need a knock-off, China has traditionally been the go-to country, with a counterfeiter always willing to oblige.

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Posted in Articles By G L

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