Coinage Currency
Buying gold: Does anything have to be reported to the IRS or other govt agency?
With all of the market crashes, bailouts and our “fiat” currency, it is common sense to see our dollar is becoming weaker and weaker.
If a person was to purchase 10 oz of gold, what would be the best type of purchase they should make?
I understand certain bullion and coinage can be obtained by the government during “bank holidays”.
What is your suggestion for buying gold that stays off the radar screen….so to speak?
Old coins, Kugerand, American Eagles?
Thanks!
Butler: LOL, I am not cheating the govt…..besides they hate competition
Commonsense: Thanks for the input. 10oz purchase would most likely put me under a $10K purchase. I didnt add how many times I would purchase 10 oz:)
Gold purchases do not have to be reported to the government unless you exhibit suspicious behavior in the eyes of the dealer. The one exception to that rule is if you purchase over $10,000 of gold with cash…but the same rule applies if you do anything with over $10,000 in cash (milk at the supermarket for example.)
I would not be all that concerned about confiscation. Just buy the coins/bars that make sense for your investment portfolio. I buy about half 1oz American Eagles (short term investment) and half pre-33 Saint Gaudens (long term investment) when I purchase gold.
If you are interested you can find more info on bullion here: http://www.superiorpreciousmetals.com/include/investing_in_gold_bullion_back_1.cfm
And more information on pre-33 Gold here: http://www.superiorpreciousmetals.com/include/investing_in_rare_coins.cfm
Good luck!
Rare Paper Money & Coins
|
|
UK Pound coins Photo Mugs UK Pound coins…. |
|
|
1976 U.S. Bicentennial Proof Coin Set with the 1776-1976 Patriotic designs has six Proof clad Coins in all. $6.45 - Hurray for the 1776-1976 Mint Date! Wow! The 1976 U.S. Proof Coins sets are over 35 years old, yet are still available. - The various “Proof” coins are generally one of the most desirable U.S. coinage collectables in the U.S. - The U.S. “Proof” Coinage Production Process involves: The preparation and the polishing of the coinage striking dies surfaces; The Proof Coins can be distinguished from … |
|
|
2005 11pc. Clad Proof Set $8.77 Here’s a chance to get in on the ground floor. You will receive one complete set of the 2005 United States Mint Proof Clad coin sets. Each set includes a Proof Sacagawea Dollar, a Proof Clad Kennedy Half, each of the five Proof Clad Statehood Quarters (California, Minnesota, Oregon, Kansas and West Virginia), a proof clad Roosevelt dime, a proof bison nickel, a proof ocean in view nickel and a Lin… |
|
|
Three Centuries Of U.S. Silver Dollars Coins by The Bradford Exchange Collectible Silver Dollar Coin Set with Wood Display Case! Includes 1878 Morgan, 1935 Peace and 2009 American Eagle Coins! – While silver has been closely tied to the history of man for thousands of years, it didn’t become a part of our American history until 1792 when Congress based our young nation’s currency on the silver dollar. Now The Bradford Exchange Mint has put together a collectible set… |
|
|
1867 US Three Cent Nickel – Excellent Detail, Great Eye Appeal! Authentic Old Coin You will get the exact coin pictured. A great example of this obsolete denomination – this is still real, Legal Currency. Has great detail & over 140 years of authentic toning. Never cleaned or polished. Someone will truly enjoy this historic treasure in their collection…. |
|
|
14K Gold Plated State Quarter Money Clip 14K Gold Plated State Quarter Money ClipThe 50 State Quarters program is the release of a series of commemorative coins by the United States Mint. Between 1999-2008, it features each of the 50 individual U.S. states in a unique design for the reverse of the quarter. This piece features a genuine state quarter coin set into a polished 14K yellow gold plated money clip that securely holds the coin a… |
|
|
14K Gold Plated State Quarter Money Clip 14K Gold Plated State Quarter Money ClipThe 50 State Quarters program is the release of a series of commemorative coins by the United States Mint. Between 1999-2008, it features each of the 50 individual U.S. states in a unique design for the reverse of the quarter. This piece features a genuine state quarter coin set into a polished 14K yellow gold plated money clip that securely holds the coin a… |
|
|
Five Cent Peace Indian Head Nickel – Native American Heritage T-Shirt $18.00 Artist James Fraser designed the buffalo nickels. The final image of the Indian was a composite of his 4 favorite models: Two Gun White Calf, Iron Tail, Two Moons, and Big Tree, each represented here in a collage that reflects the art and history behind the coin. 100% cotton. Imported. Large (42-44) X-Large (46-48) XX-Large (50-52)… |
|
|
Handbook of Ancient Greek and Roman Coins: An Official Whitman Guidebook $9.06 This book shows how to read Greek coins and covers methods for determining dates on Roman coins. It is profusely illustrated with sections on symbols, city names and mythological characters. Edited Kenneth Bressett. Softcover…. |
|
|
Roman Imperial Coinage Vol 10 (v. 10) $296.55 … |