Glitter Bug Gold Buyers Compliance Disclosure
1. California Sales Tax Policies
In accordance with California CDTFA Regulation 1599, sales of gold, silver, and platinum bullion or legal tender coins are subject to local sales tax unless the single transaction total exceeds $2,000.00. Transactions over this threshold are exempt from sales tax.
2. Anti-Money Laundering (AML) & Federal Reporting
Glitter Bug Gold Buyers operates in full compliance with the USA PATRIOT Act and Bank Secrecy Act. We maintain a formal Anti-Money Laundering (AML) program to prevent financial crimes.
IRS Form 8300: We are required by federal law to report cash payments (including money orders/cashier’s checks in certain circumstances) exceeding $10,000.00.
IRS Form 1099-B: We report the purchase of certain precious metals from the public in accordance with IRS quantity and type thresholds.
3. Identification Requirements
As a registered dealer in California, we require a valid government-issued photo ID for all transactions where we purchase items from the public. We reserve the right to verify identity to comply with local "Secondhand Dealer" ordinances.
4. In-Person Transactions
Glitter Bug Gold Buyers does not conduct sales or purchases directly through this website. All transactions must be completed in person at our Laguna Hills or Anaheim Hills locations. Prices are locked only at the time of the physical transaction.
