Silver Coin Dealers in Schaumburg

Bullion Sales Tax in Schaumburg, IL

​Legal tender medallions and bullion are exempt from tax. Items that are considered legal tender are paper currency and coins.  Medallions are non-legal tender coins issued by a government body. Bullion would be considered precious metals such as gold, silver, or platinum that have a purity of at least .980.

Fun Facts About Schaumburg 

  1. It is located 25 miles northwest of Chicago. 
  2. The city gets it name from the German area of Schaumburg-Lippe.
  3. It is home to 1 out of only 2 IKEA stores in Illinois. 
  4. Jessica Lu, who is an actress best known for her role as Ming Huang in the MTV show, Awkward   was born in Schaumburg. 
  5. Schaumburg was incorporated in 1956.