Our goal is to outfit anybody interested in gold prospecting, and the outdoors in general, with their own personal mining claim. A mining claim just for you! We even sell mining equipment at competitive prices. With ownership of a mining claim comes special privileges: live on your mining claim while you're mining, build temporary structures such as living quarters, storage sheds, out houses, etc. You can also build roads and trails to access your mining claim, and much more!
The latest Nuggets! 2014-2016
a. Sec 14925: "In law, the word 'claim' in connection with the phrase "mining claim" represents a federally recognized right in real property. The Supreme Court has established that a mining 'claim' is not a claim in the ordinary sense of the word, but rather is a property interest, which is itself real property in every sense..." "The court held that the unpatented 'title of a locator' is "property in the fullest sense of the word."
b. Sec 14931: The owner of a mining claim owns property, and IS NOT A MERE SOCIAL GUEST OF THE DEPARTMENT OF THE INTERIOR..."
Is there sales tax on gold?
In the United States, there is no GST, VAT, national tax or the like. The only tax that you might pay is state sales tax, depending on which state you live in. In states with sales tax that covers bullion, purchases over a certain amount are normally exempt (just check with your local dealer to find out).
Let us help you get the gems and the gold!
Enjoy a "Gem" of a Tale...
"The topaz has been found in central Idaho in very large quantities.Some of the stones when cut are extremely brilliant. The writer has a five-carat topaz, cut from a large rough stone, which has the fire and brilliance of many diamonds.
This topaz came from the old Florence placers and was found by Otto Egloff. Mr. Egloff is a Texan, who came to Idaho many years ago. He has prospected in many sections from his native state to his present home in Lewiston.
He has accumulated a very large collection of the precious and semi-precious gems which are both interesting and valuable.
He informs, while he has been fortunate in finding these valuable stones, never yet has he found them in place. Always have they been loose, in the gold placer workings. The gems have followed the gold to the placer fields"