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JStull

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Posts posted by JStull

  1. Just acquired a bunch of proof sets from 1969 through 2001. The Proof Sets are seemingly worth very little as a whole, and the money/opportunity seems to be in finding a PR60 or PR70 among them.

     

    I dont have much of an eye for grading yet and I'm wondering what to look for when deciding to A. Crack open the proof packaging and/or B. send a coin for grading. Even with a novice eye, I can see some imperfections that would warrant not wasting my time with grading. But quite a few look nearly flawless to my eye and have what I'd consider to be a PR70 look.

     

    Any suggestions are much appreciated. Id hate to sell these sets for $5 - 10 and have a gem among them.

     

    You could study grading coins for 10 years, and I doubt you could spot a PR70. THe majority here couldn't, including myself.

  2. If you have a sales and use tax permit, you are usually exempt.

     

    I've never heard of any exemptions if you have a sales and use tax permit.

     

    A sales and use tax permit, according to NY, applies to retail sales of certain tangible personal property and services. The use tax applies if you buy tangible personal property and services outside the state and use it within New York State.

     

    For a business to be able to collect sales tax, on taxable goods and services, NYS requires a Certificate of Authority, which I believe most states also require, in addition to a Sales and Use Tax Permit.

     

    There are; however, certain goods and services that are tax exempt, and the list can be found here(again for NYS):

     

    Tax Exempt NYS

     

    Scroll to the bottom, it's the grey shaded area.