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The National Coin & Bullion Association is the trade name for the Industry Council for Tangible Assets, Inc., which is a 501(c)(6) tax-exempt trade association dedicated to the numismatic and precious-metals bullion communities. NCBA exists to promote and safeguard the interests of its members, serving as the industry’s watchdog to maintain a favorable legislative and regulatory climate in the United States federal government and individual state governments. The association provides a medium through which its members may confer, consult, cooperate with, and educate governmental and other agencies to solve problems affecting their businesses. NCBA also offers its members assistance and information on new and existing laws and regulations and promotes harmony and cooperation among its members to advance the welfare of the numismatic communities. https://linktr.ee/wearencba
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Recent Updates
  • A coin and bullion tax exemption has been proposed in Maine! This is one of just four states without an exemption. We recently spoke with the bill's sponsor, coin shop owner & real estate agent, Rep. Paul Flynn. The campaign is in its early stages, but this is an important first step!

    If any NCBA members in Maine are interested in supporting this initiative, we'd love to hear from you!

    #Maine #Coin #CoinCollecting #CoinDealer
    πŸ“’ A coin and bullion tax exemption has been proposed in Maine! πŸͺ™ This is one of just four states without an exemption. We recently spoke with the bill's sponsor, coin shop owner & real estate agent, Rep. Paul Flynn. πŸ›οΈ The campaign is in its early stages, but this is an important first step! βœ… If any NCBA members in Maine are interested in supporting this initiative, we'd love to hear from you! πŸ“© #Maine #Coin πŸ… #CoinCollecting πŸ” #CoinDealer πŸ’°
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  • House Bill 2 was introduced in the Kentucky General Assembly on January 10, 2025. This marks a major development for coin dealers and collectors. The bill aims to stop improper sales and use tax collection on currency and bullion transactions. It ensures state agencies comply with existing tax exemptions, protecting dealers and collectors alike. This crucial step fills a loophole and safeguards the rights of Kentucky’s coin community. Stay tuned for updates!

    #Coins #Kentucky #News #Update
    House Bill 2 was introduced in the Kentucky General Assembly on January 10, 2025. πŸ’°βš–οΈ This marks a major development for coin dealers and collectors. The bill aims to stop improper sales and use tax collection on currency and bullion transactions. πŸͺ™πŸ“œ It ensures state agencies comply with existing tax exemptions, protecting dealers and collectors alike. πŸ›‘οΈ This crucial step fills a loophole and safeguards the rights of Kentucky’s coin community. Stay tuned for updates! πŸ“’ #Coins πŸͺ™ #Kentucky πŸ‡ #News πŸ“° #Update πŸ””
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  • Applications for our 2025 YN Scholarship are closing next week! This scholarship is available to anyone between the ages of 13 and 22 and will cover the tuition and round-trip airfare for the ANA’s Summer Seminar in Colorado. Learn more at the link in our bio! #Scholarship #SummerSeminar #YoungNumismatist
    Applications for our 2025 YN Scholarship are closing next week! ⏳ This scholarship is available to anyone between the ages of 13 and 22 πŸŽ“ and will cover the tuition and round-trip airfare ✈️ for the ANA’s Summer Seminar in Colorado. πŸ”οΈ Learn more at the link in our bio! πŸ”— #Scholarship #SummerSeminar #YoungNumismatist πŸͺ™
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  • In 2024, we made strides in supporting our community’s growth, safety, and future. To combat increasing threats, NCBA partnered with the Numismatic Crime Information Center (NCIC) to issue a public service announcement warning dealers and consumers of the sophisticated “courier fraud” scam targeting gold and bullion markets. We’ll be on the lookout for new ways we can support the safety of the numismatic community in 2025 and beyond! #Coins #Gold #Fraud
    In 2024, we made strides in supporting our community’s growth, safety, and future. 🌟 To combat increasing threats, NCBA partnered with the Numismatic Crime Information Center (NCIC) to issue a public service announcement 🚨 warning dealers and consumers of the sophisticated “courier fraud” scam targeting gold and bullion markets. πŸͺ™πŸ’° We’ll be on the lookout πŸ‘€ for new ways we can support the safety of the numismatic community in 2025 and beyond! πŸ”’βœ¨ #Coins #Gold #Fraud
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  • The earlier in the year you join, the more you save with DiscoverNCBA! We’re passionate about supporting the future of numismatics , and this promotion is designed to help younger dealers get started and experience all the benefits of NCBA membership. If you’re interested, send us an email — we’ll gladly answer any questions you have! #CoinDealer #YoungNumismatist #Discount
    The earlier in the year you join, the more you save with DiscoverNCBA! 🌟 We’re passionate about supporting the future of numismatics πŸͺ™, and this promotion is designed to help younger dealers get started and experience all the benefits of NCBA membership. ✨ If you’re interested, send us an email πŸ“§ — we’ll gladly answer any questions you have! 😊 #CoinDealer #YoungNumismatist #Discount πŸ’Έ
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  • Only four states remain without a sales-tax exemption for coins, paper money, and precious-metals bullion! We urgently need members willing to spearhead state-level campaigns in Hawaii, Maine, and Vermont. NCBA will provide support and guidance every step of the way, but we need committed local leaders on the ground. If you’re located in any of these states and are willing to lead the charge, contact us today!

    #Coins #Maine #Hawaii #Vermont
    Only four states remain without a sales-tax exemption for coins, paper money, and precious-metals bullion! πŸͺ™πŸ’΅βœ¨ We urgently need members willing to spearhead state-level campaigns in Hawaii, Maine, and Vermont. 🌺🦞🍁 NCBA will provide support and guidance every step of the way, but we need committed local leaders on the ground. πŸš€ If you’re located in any of these states and are willing to lead the charge, contact us today! πŸ“© #Coins #Maine #Hawaii #Vermont
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  • Did you miss Gary Knaus’s presentation at FUN? Don’t worry! The full talk was recorded and will be available to member dealers soon. There’s also a short article in our most recent member newsletter titled “Proposed New AML Rules and The Impact of AI on Dealers” that discusses some of the highlights.

    #Coins #AI
    Did you miss Gary Knaus’s presentation at FUN? 😟 Don’t worry! πŸŽ‰ The full talk was recorded and will be available to member dealers soon. πŸŽ₯ There’s also a short article in our most recent member newsletter titled “Proposed New AML Rules and The Impact of AI on Dealers” πŸ“°πŸ€– that discusses some of the highlights. #Coins #AI
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  • Iowa is one of eleven states that includes transactions of all different types in the economic nexus. With a threshold of $100,000 in sales, all Iowa coin dealers should keep careful track of if and when they need to register.

    #Coins #CoinDealer #Iowa #Info
    Iowa is one of eleven states that includes transactions of all different types in the economic nexus. πŸ’° With a threshold of $100,000 in sales, all Iowa coin dealers should keep careful track of if and when they need to register. πŸͺ™πŸ“Š #Coins #CoinDealer #Iowa #Info
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  • Our Chair Patrick I. Perez writes a message to members in each newsletter. You can read the rest of his 2024 Q4 message in our most recent newsletter!
    Our Chair Patrick I. Perez ✍️ writes a message to members in each newsletter. πŸ“°πŸ“¬ You can read the rest of his 2024 Q4 message in our most recent newsletter! πŸ—“οΈβœ¨
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  • As thousands of collectors and dealers have flocked to Florida this week for the FUN Show, let’s take a look at Florida’s economic nexus requirements! Only retail sales subject to sales tax count toward the threshold of $100,000. Most coins are exempt from sales tax, so this is a pretty small portion of sales for most dealers. However, the laws in Florida are very nuanced, and we encourage you to look more deeply if you’re based in the state. Our “Sales-Tax Status & Economic Nexus Requirements by State” PDF also offers more information for NCBA members! #Coins #CoinDealer #Florida #Info
    As thousands of collectors and dealers have flocked to Florida this week for the FUN Show, 🌴✨ let’s take a look at Florida’s economic nexus requirements! πŸ’°πŸ“œ Only retail sales subject to sales tax count toward the threshold of $100,000. βœ… Most coins are exempt from sales tax, πŸͺ™βŒ so this is a pretty small portion of sales for most dealers. However, the laws in Florida are very nuanced, and we encourage you to look more deeply if you’re based in the state. πŸ”πŸ“š Our “Sales-Tax Status & Economic Nexus Requirements by State” PDF also offers more information for NCBA members! πŸ“„πŸ›‘οΈ #Coins #CoinDealer #Florida #Info
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  • Visit us at FUN! We’ll be set up at table 1202 on Wednesday afternoon and would love to answer any questions you have about NCBA. And don’t forget about Gary Knaus’s presentation tomorrow morning! #FUN #FUNShow #Orlando #Florida
    Visit us at FUN! πŸŽ‰ We’ll be set up at table 1202 on Wednesday afternoon and would love to answer any questions you have about NCBA. πŸ’¬ And don’t forget about Gary Knaus’s presentation tomorrow morning! 🎀✨ #FUN #FUNShow #Orlando #Florida πŸŒ΄β˜€οΈ
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  • In New Mexico, all wholesales, retail, and service sales are included in the economic nexus, but the current legislation doesn’t specify whether marketplace sales are included. The total threshold is $100,000, which is very typical across the country.

    #Coins #CoinDealer #NewMexico #Info
    In New Mexico, all wholesales, retail, and service sales are included in the economic nexus, but the current legislation doesn’t specify whether marketplace sales are included. πŸ€” The total threshold is $100,000, which is very typical across the country. πŸ’΅βœ¨ #Coins πŸͺ™ #CoinDealer πŸ’Ό #NewMexico 🏜️ #Info ℹ️
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  • The last 2024 member newsletter is available now! All NCBA members should have received an email with the most recent news, or it’s available on our website when you’re logged in. It includes our highlights from 2024, an update on happenings in many individual states, and information about our upcoming campaigns and events. We can’t wait to see what 2025 brings!
    The last 2024 member newsletter is available now! πŸ“°βœ¨ All NCBA members should have received an email with the most recent news, or it’s available on our website when you’re logged in. πŸ’»πŸ“© It includes our highlights from 2024, an update on happenings in many individual states, and information about our upcoming campaigns and events. πŸŽ‰πŸ“† We can’t wait to see what 2025 brings! πŸš€πŸŽŠ
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  • The New Jersey sales tax exemption goes into effect today! Investment metal bullion and numismatic coins — including those made from non-precious metals — with a market value of at least $1,000 are now exempt from sales tax. While we'd prefer no $1,000 threshold, this new law benefits both consumers and the industry by reducing unnecessary financial barriers, while still addressing the state's revenue concerns.
    #NewJersey #Tax #Taxes #News
    The New Jersey sales tax exemption goes into effect today! πŸŽ‰ Investment metal bullion and numismatic coins — including those made from non-precious metals — with a market value of at least $1,000 are now exempt from sales tax. πŸͺ™πŸ’° While we'd prefer no $1,000 threshold, this new law benefits both consumers and the industry by reducing unnecessary financial barriers, while still addressing the state's revenue concerns. βš–οΈβœ¨ #NewJersey πŸ—½ #Tax πŸ’΅ #Taxes #News πŸ“°
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  • All new members age 35 and younger are eligible for 50% off their first year of NCBA membership! We truly believe in supporting the future of numismatics, and this promotion is intended to help younger dealers get started and see all that NCBA membership has to offer. If you’re interested, send us an email and we’ll be happy to answer any questions you have! #YN
    All new members age 35 and younger are eligible for 50% off their first year of NCBA membership! πŸŽ‰ We truly believe in supporting the future of numismatics, and this promotion is intended to help younger dealers get started and see all that NCBA membership has to offer. πŸ’°βœ¨ If you’re interested, send us an email πŸ“§ and we’ll be happy to answer any questions you have! 😊 #YN
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