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<p>[QUOTE=&quot;-jeffB, post: 1141549, member: 27832&quot;]Found someone offering two double eagles and an eagle for gold spot on Craigslist. Someone else beat me to them, but the seller is now offering me three double eagles for $4200 -- a raw 1905, a raw 1924, and an ANACS MS60 1895.</p><p><br /></p><p>APMEX buy prices range from $1377 for cleaned examples to $1462 for AU raw. Their sell prices run about $130 higher. If these coins are legit, I think $1400 each is a good price. I&#039;d likely want to resell at least two of them very soon.</p><p><br /></p><p>I plan to meet the guy in a branch of my bank, weigh and measure the raw coins, peer closely at the ANACS slab, and draw the cash right there if things look good.</p><p><br /></p><p>So, a call for advice:</p><p><br /></p><p>1) What should I look out for on the coins? I think I can detect cleaning, although at this price it might not be a show-stopper. I&#039;ll go in with the expected weights and dimensions, and my scale is accurate to 10 mg.</p><p><br /></p><p>2) How do I establish proof of my cost basis in the coins without alienating the seller? I always assume that a cash seller wants the income to remain unreported, but I generally like to follow the letter of the law for my own reporting. What&#039;s the minimum documentation I need if I&#039;m audited? If I&#039;ve got a canceled check made out to cash, with a note that it was for these three coins, does that get me anywhere at all? (I&#039;ve seen people claim that it does, but I find that hard to swallow.)</p><p><br /></p><p>3) Am I nuts? I figure I&#039;m minimizing my risk of assault by doing this in a bank branch, and minimizing my risk of fraud by simply weighing and measuring -- I don&#039;t think density-accurate counterfeits are very common at this point. If I&#039;m missing something important, please point it out to me.</p><p><br /></p><p>Thanks![/QUOTE]</p><p><br /></p>

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