: Cash transactions exceeding $10,000 trigger federal IRS Form 8300 reporting. Top Reputable Dealers
: Under the Specie Legal Tender Act , gold and silver coins issued by the U.S. government (e.g., American Gold Eagles) are officially recognized as money in Utah. buy gold coins utah
: Gold and silver bullion or coins with at least 50% precious metal content are exempt from state sales and use tax under Utah Code 59-12-104. : Cash transactions exceeding $10,000 trigger federal IRS
The following dealers are well-established in Utah with high ratings and specific specialties: Monarch Coin Corporation Coin dealer ClosedSalt Lake City, UT, United States : Cash transactions exceeding $10
: 2024 legislation (HB306) allows for gold-backed electronic payment platforms and permits state vendors to accept gold as payment. Upcoming Events for Collectors Monarch Coin Corporation