Fuljenz Helps Eliminates Taxes on Sales of Coins in Texas

By Ed Reiter – Executive Director, Numismatic Literary Guild

Recently, hobbyist and investors were pleased to learn that legislatures in two states, Texas and Louisiana, had voted to eliminate tax on sales of coins and precious metals. Both states already were providing a sales tax exemption on coin and bullion transactions of $1,000 or more, but the new legislation eliminates that threshold in both states and removes the tax from sales of any amount.

Mike Fuljenz, of Beaumont, Texas spearheaded the fight in the Lone Star State, hiring a lobbyist and waging a two-year campaign to block threatened removal of the limited exemptions then in effect. “There were people pushing to do away with the exemption over $1,000,” Fuljenz said. “We not only got the legislature to preserve that exemption, but ended up gaining a total exemption on everything.”

Numismatist Mike Fuljenz is lauded by Doug Davis for his classes about the complexities of numismatic crime

Mike Fuljenz helps 42 Florida detectives become more knowledgeable about how to handle and investigate numismatic crime.

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Report from the World's Fair of Money in Chicago

Fox 4 KBTV: Mike Fuljenz and Jessica Guidry honored with NLG 2013 Best Television Report Award

America's Gold Expert® Mike Fuljenz Received "The Clemy" At 2013 World's Fair of Money

America's Gold Expert® Mike Fuljenz, received multiple awards during the annual World's Fair of Money, including one of the profession's most esteemed honors, “The Clemy,” for his consumer protection and education work in rare coins and precious metals.

Mike Fuljenz was honored at the World's Fair of MoneySM with six prestigious awards, including one of the profession's highest accolades, for his educational writing, consumer advocacy and service to the rare coin and precious metals community.

Sponsored annually by the nonprofit American Numismatic Association, the World's Fair of Money is the largest international event in the United States for collectors and dealers from around the world. 

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