Buying Gold & Silver in New Hampshire

New Hampshire is a northern New England state which borders Canada and three other American states. It has a long history and was integral in the formation of our country. New Hampshire was the first British Colony in the United States to formally break free from the mother country of Great Britain. It was instrumental as one of the original 13 colonies to declare Independence and form the new country. It ratified the United States Constitution as the ninth state needed to make it the supreme law of the law. It became the first state to have its own state constitution. It is nicknamed the Granite State based on the large number of rock quarries located within its borders. Its state motto, “Live Free or Die”, was a rallying cry during the American Revolution. New Hampshire has many of the best ski resorts in all of the United Sates, based on some of the highest mountain peaks in the lower 48 states. The major recreational activities of snowboarding, skiing, and snowmobiling all contribute to the economy. In the fall the change of the colors of the leaves is magnificent to behold, and the summer brings all of the lakes and rivers into play for swimming and boating. It is a great place to visit. In addition, it holds a special place in the world of politics. Every four years, during the presidential election cycle, the very first contested primary is held in New Hampshire. In fact at the stroke of midnight, the first vote is cast in the presidential election in a small town in New Hampshire. Because of this, the state is inundated with politicians during the two to three years preceding a presidential election, which means a great majority of the year, somewhere a politician is speaking to a crowd in New Hampshire. In addition to politics and tourism, business is very important in New Hampshire. In order to boost the growth of commerce in the major cities like Concord and Manchester, the residents of the state must wisely invest their hard earned money. They can choose to invest in real estate, but the recent collapse of the housing market has made investing in property a tricky situation. They could send their money to Wall Street and invest in the stock market. That is very unpredictable and subject to mood swings, and takes research to determine the right time and right company in which to invest your money. The answer may be to invest in precious metals like gold and silver.

Bullion Sales Tax in New Hampshire

Gold and silver have risen dramatically in value in recent years, making it a worthwhile investment, or at the least worth an investigation as to the viability of any growth potential. One aspect that must be determined is an additional expense or cost. In many states, when you buy or sell any products you may be subjected to a sales and use tax. Fortunately, for the residents of New Hampshire, there is no sales tax across the entire state. This applies to all precious metals. This means that you can buy any amount, any size, and any shape of gold or silver and not have to pay any tax on the transaction.

Golden Eagle Coins, being an out of state retailer, does NOT have to charge sales tax to New Hampshire residents. Browse our selection of tax-free gold and silver products. Please take note that we are not experts on tax issues, and you may be liable to pay local Use tax. Please contact your local tax professional for more information.