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Florida gold/silver vendors

Posted: Sun Mar 06, 2022 10:26 pm
by Casual
As I am in Sarasota on the west coast.

Who has bullion silver and gold. Selling spot? Not interested in coin collecting.. or rare... just plain old alternative currency

Re: Florida gold/silver vendors

Posted: Mon Mar 07, 2022 7:55 am
by Firemedic2000
I buy gold. I do not know of anyone selling at spot. The least amt of mark up over spot are gold bars. 1 OZ bar has about 50.00 to 80.00 mark up over spot.

I've bought a lot from JM BULLION but it's been a few months. They did not charge me sell tax. Where as APMEX did because there are retail locations in Florida

Re: Florida gold/silver vendors

Posted: Mon Mar 07, 2022 3:21 pm
by zeebaron
Worth the drive: The Silver Queen/Belleair Coin in Largo. High volume dealer, and the premium is about the same or less (depending what you buy) than online but without shipping cost. Sales tax exempt if you buy over $500. They also pay top dollar for scrap. I've been doing business with them for over 20 years:

https://www.goldsilversales.com/

Re: Florida gold/silver vendors

Posted: Mon Mar 07, 2022 10:32 pm
by Casual
Thanks, the sales tax exempt alone will be a huge savings

Re: Florida gold/silver vendors

Posted: Tue Mar 08, 2022 6:50 am
by Wulfmann
Sale tax on bars but not coins?

I thought (and I know for a fact it used to be) no sale tax on gold/silver coins.

Did that change?

When?

Re: Florida gold/silver vendors

Posted: Tue Mar 08, 2022 7:37 am
by zeebaron
Wulfmann wrote: Tue Mar 08, 2022 6:50 am Sale tax on bars but not coins?

I thought (and I know for a fact it used to be) no sale tax on gold/silver coins.

Did that change?

When?
If it's legal US tender like US Mint bullion or old 90% coins, it's not sales taxable at all in Florida for any amount. If you purchase more than $500 worth at a time of other countries coins/bullion, it's not taxable at all. If you purchase under $500 at once it is. Weird, but that's how it is.

Re: Florida gold/silver vendors

Posted: Tue Mar 08, 2022 4:24 pm
by zeebaron
Call before you make a trip somewhere to make sure they have what you want, because demand is probably at an all time high right now.

Re: Florida gold/silver vendors

Posted: Tue Mar 08, 2022 4:30 pm
by tector
zeebaron wrote: Tue Mar 08, 2022 4:24 pm Call before you make a trip somewhere to make sure they have what you want, because demand is probably at an all time high right now.
Seems like the wrong time to buy (FOMO), but with these fucking clowns in D.C. I can hardly blame anyone. I would recommend a little silver, too--easier for some smaller deals if we get to those times

Re: Florida gold/silver vendors

Posted: Tue Mar 08, 2022 5:54 pm
by TonyR
I've got a bunch of silver I need to melt down,anybody here have the tools/knowledge for doing such.

Re: Florida gold/silver vendors

Posted: Wed Mar 09, 2022 9:46 pm
by Casual
So I found a receipt of a gold purchase from my father.

He has purchased eagles, 12.5ozs total.
And given the date of purchase and sales total.
It looks like he paid 4.25% above spot or 60.22$ an oz at the time

Would 4.25% above spot still be OK for round or other bullion.. not necessarily coinage or eagles?