Buying Gold & Silver in Oregon

Along the Pacific Ocean Coastline are three unique states, one of which is Oregon. In an attempt to find a Northwest Passage, Lewis and Clark brought their expedition to the region in the 1800s. In addition to that exploration, the Oregon Trail was popular for settlers and explorers during the western expansion period in the United States. There were outposts and camps arranged for the Pacific Ocean fur trade, as well as other natural resources and products. In its early days, the population was dominated by traders and explorers, before any real large population of settlers took hold in the region. There are many rivers running through the state including the Columbia River, Snake River, and Willamette River. In the Willamette Rover Valley in western Oregon are eight of the ten most populous cities in the state.

Based on its locale, the landscape of Oregon is very unique offering a wide array of textures and terrains. There is a the coastline battered by the Pacific winds, the towering cascade Mountains housing a number of volcanoes, the sprawling desert running into the Great Basin in the east, and the diverse nature of the forests and trees. You have Douglas firs, redwoods, evergreens, pine, and juniper forests all located within the state. In the eastern portion of the state you have prairies and shrub lands, while the west has craggy hills and mountains covered in dense forests. The highest point in the state is Mount Hood at 11,249 feet.

In the beginning there was an active fur trade, based on the amount of wildlife roaming the countryside, some migrating down from Canada like fox, moose, deer, and the grey wolf. Over time, there was an explosion of the timber and lumber trade, leading to a corresponding rise in mills and paper production. In addition Oregon commerce includes salmon fisheries, hazelnut farms, and wineries. The state produces almost all of the hazelnuts consumed in the United States, and in the last 40 years has expanded in the number of vineyards producing high quality wines. The state is also the home base for a number of high end corporations like Columbia Sportswear and Nike.

These economic factors all led the residents of the state to be fully aware of the need for carefully invested money. They need to look out for their economic future making sure their financial plans leave them safe and secure. They could invest in the vast lands across the state. But the recent collapse of the housing market has made any investment in property a very risky proposition. They could invest their money in the stock market. However, individuals and corporations alike in Oregon are fully aware that the stock market is unpredictable. The best bet is to invest in gold and silver. They have risen in value in the recent years and are a stable worthwhile investment.

Bullion Sales Tax in Oregon

However, like with all transactions, there may be a sales and use tax. Fortunately, in the business friendly state of Oregon there is no sales tax for any transactions of products, including all precious metals no matter the size or amount.

Golden Eagle Coins, being an out of state retailer, does NOT have to charge sales tax to Oregon 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.