$500 bags of coins

Treashunt · Dec 10, 2007

AgCollector said: ↑

I think his response would have just been "ask your CPA / tax attorney".
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hm.....
Roy,
You're back? in the form of AgCollector?

LOL.

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Phoenix21 · Dec 10, 2007

Coin Happy said: ↑

I opened one of the bags of quarters. It seems the majority are from the 40s and 1964. There are a couple of liberty quarters that are so badly worn you can't see the date. I think that is expected because even in 1974 they would have been worth more. I have ordered a Red Book. I guess I'm going to sort them by year to start off with. I'll look for any that are in good shape. Most of them do look pretty worn. I was wondering about using them as legal tender. Say I make a $9000 deal on a used car. If they take 2 $500 face value Washington face silver quarter bags couldn't I get away with paying only $1000 worth of taxes? And couldn't they technically take the car sale as a loss at $1000?
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LOL.

Phoenix

AgCollector · Dec 11, 2007

Treashunt said: ↑

hm.....
Roy,
You're back? in the form of AgCollector?

LOL.
Click to expand...

Nah, in fact I still say "penny" more often than "cent"!

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$500 bags of coins

Treashunt The Other Frank

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Phoenix21 Well-Known Member

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$500 bags of coins

Treashunt The Other Frank

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Phoenix21 Well-Known Member

AgCollector Senior Member

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