North Dakota

The State of North Dakota requires the imposition of sales taxes on specific items sold by ModernCoinMart and delivered to addresses within North Dakota. It is essential to ensure the collection of these taxes on (1) copper products; (2) numismatic coins; (3) precious metal bullion which does not meet certain purity requirements; (4) accessory items; and (5) processed items. All other products sold by ModernCoinMart are exempt from these taxes.

The following definitions apply to items that are subject to state tax collection in North Dakota:

Numismatic Coins. Coins that carry an augmented external value exceeding the inherent worth of the precious metal they hold, often ascribed to factors like scarcity, quality, age, or external market forces.
Purity Requirements. Precious metal bullion which has not been refined to a purity of at least 999 parts per 1,000.
Accessory Items. Items such as holders, tubes, coin flips, and apparel.
Processed Items. Processed precious metals altered by third-party entities to create items valued for attributes beyond their intrinsic metal content, such as embellished coins or sculptures.

Sales taxes in North Dakota are calculated at checkout on the ModernCoinMart website based on (1) the tax implications associated with products sold by ModernCoinMart in North Dakota, as previously outlined, and (2) the specific tax rates determined by the governing tax authority applicable to the designated delivery location within North Dakota.

ModernCoinMart began collecting sales taxes in North Dakota on June 1, 2024. Our sales tax license number in North Dakota is 38217800.

If you are a North Dakota-based reseller and wish to file a Reseller Certificate with ModernCoinMart, please contact us at [email protected]. Upon receipt of your completed Reseller Certificate, we will promptly enter it into our records. Provided that your Reseller Certificate maintains its validity and remains active, no sales taxes will be applied to subsequent orders.

Please note: The summary above provides a condensed examination of sales tax laws and obligations within the State of North Dakota. While comprehensive, it may only encompass some facets of the regulations. Its purpose is to outline the pertinent laws and requirements applicable to transactions involving ModernCoinMart within the state. If you would like to research the sales tax laws and requirements in the State of North Dakota, we suggest you visit the North Dakota Office of State Tax Commissioner located at https://www.nd.gov/tax/.

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