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At what price will you start buying gold again?
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<p>[QUOTE="johnmilton, post: 12843891, member: 101855"]You are correct when you say that gold is gold, but many U.S. collectors are drawn to U.S. coins are willing to more for it. It’s illogical, but it’s premium they pay. As long as dealers pay more when collectors sell them, I suppose it’s okay. </p><p><br /></p><p>Here’s one tip. In a number of states, coins get breaks on sales taxes. Coins have a face value. That’s why American gold eagles have a value on them even though the gold content is far higher than that amount. Gold and silver bars are subject to sales taxes. Frequently you have to larger purchases of foreign coins to avoid the tax. </p><p><br /></p><p>For example, in Florida there is no sales tax on U.S. coins. When you buy foreign coins, you have buy $500 or more to avoid the sales tax.[/QUOTE]</p><p><br /></p>
[QUOTE="johnmilton, post: 12843891, member: 101855"]You are correct when you say that gold is gold, but many U.S. collectors are drawn to U.S. coins are willing to more for it. It’s illogical, but it’s premium they pay. As long as dealers pay more when collectors sell them, I suppose it’s okay. Here’s one tip. In a number of states, coins get breaks on sales taxes. Coins have a face value. That’s why American gold eagles have a value on them even though the gold content is far higher than that amount. Gold and silver bars are subject to sales taxes. Frequently you have to larger purchases of foreign coins to avoid the tax. For example, in Florida there is no sales tax on U.S. coins. When you buy foreign coins, you have buy $500 or more to avoid the sales tax.[/QUOTE]
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At what price will you start buying gold again?
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