A 15% Buyer's Premium will be added to the final Sales Price. All applicable taxes will be assessed based on the sum of the sales price and buyer's premium.
Silver Town L.P. one ounce .999 Fine Silver Bar
Bidder permission request…
By clicking below, I acknowledge that I have read and understand the Terms and Conditions of this auction and all supplements regarding pickup, shipping, and sales tax.
I understand that, this auction has a specific schedule for pick-up of items and that if I do not pickup items… this could result in additional fees for either a delayed pickup or loss of items without refund.
If I elect to have an item shipped it could take up to 10 days after the close of the auction for those item(s) to be prepared for delivery. The final cost for delivery is mine as the bidder. If later you elect to pick up and cancel your shipping, you will be charged the appropriate delayed pickup fees.
Lastly, we collect sales tax on all applicable items based on the location of the items you bid on… whether it is shipped or not, unless you have a tax-exempt certificate and complete the exempt form.
I therefore, respectfully request permission to bid, and agree to abide by the full terms as well as those denoted herein.
Anderson, South Carolina 29624
Friday, October 7th 10-4
Saturday, October 8th 10-12
This auction is one of the biggest and most special gun and collectibles auctions we've ever done. This auction includes rare firearms such as a Colt U.S. Navy Thompson Submachine Gun, and a Frankford Arsenal Model XM-177 Class III 5.556MM M16 Rifle among others. This auction is also filled with rare gold and silver coins, silver bullion and many other incredible items for you to bid on. Don't miss out on all of the ammunition and knives as well! The preview for this auction will be a SHOW STOPPER! Don't miss it!
Sales Tax Collection
The Supreme Court Ruling.
With the most recent Supreme Court Ruling (South Dakota vs Wayfair) the burden to collect sales tax and send it to the appropriate agency has shifted directly to the auction company and the penalty for not collecting the tax and sending it to the correct agency lies directly on our shoulders.
What Is Sales Tax?
Sales tax is a point-of-purchase charge that is paid by the purchaser and remitted by the seller to the applicable state and/or local tax collection agency.
Sales Tax Exceptions
There are exceptions to every rule and sales tax is no different. In our state, it’s simply a matter of the purchaser who meets certain qualifications, completing a sale tax exemption agreement which states that they qualify for exemption according to one or more items from a list of pre-determined rules. This list is usually based on the state that you reside in or on the type of business you are engaged in. When completed and returned to us… any applicable sales tax is not collected at the time of purchased and any future taxes due become the responsibility of the purchaser based on the type of exception you maintain. The exemption forms you provide us, is renewed each calendar year and kept on file with our firm and is supplied to the appropriate agency upon request.
Tax exemption forms can be downloaded, completed and e-mailed to email@example.com.
In order to reduce the difficulty of when to collect sales tax and/or who to send it to… our auction terms for participation in our auction(s) now designates that the “point of delivery” for any item(s) purchased from us … no matter what method of purchase is used… is the address location of the item. Even if you are having an item shipped to you… the point of acceptance by the delivery agent will be considered the Delivery Location that the item was shown in the auction information as the “auction location” or “auction site” and the approximate sales tax or that location will be charged, collected and sent to the appropriate agency. No Refund of sales tax will be made once those money’s have been reported and paid to the state agency.
Therefore, all Non-titled items purchased (Unless a Sales Tax Exception Agreement is on file) will be charged sales tax based on the address listed as point of delivery. Since titled items usually require the purchaser to pay other fees and/or the difference in taxes that our state collects… we will NOT Charge tax on the sale of items which have a title. Any and all taxes associated with this type item will be the full responsibility of the purchaser to report as wells as the payment of the tax due by you in accordance with your states rules and regulations.