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<p>[QUOTE=&quot;Owle, post: 1262359, member: 22004&quot;]I got a check from Heritage recently and tried to cash it at their bank (Wells Fargo). The kicker was that the banker said there were not sufficient funds in the account! Hmm, one of the wealthiest coin dealers in the country and not enough funds to cover a low 5 figures check??? Maybe it&#039;s a CMA and they don&#039;t want sellers cashing their checks. </p><p><br /></p><p>The first rule with banks and the IRS is don&#039;t trigger alarm bells, they have over 300 million people to keep track of so don&#039;t stick out like a sore thumb. The old lady did. Plus she sold to the moneychanger who was the target of state and federal IRS action in a pre-dawn raid for tax fraud and evasion! Few dealers on the receiving end of such actions survive financially, emotionally, and without being divorced!</p><p><br /></p><p>I don&#039;t know if he is currently in full compliance with state and federal tax laws, etc.. Stay tuned.</p><p><br /></p><p>To get top dollar I would not sell to him, I am sure he is not top buyer but may be looser on SS reporting etc.. Every large buyer like Del Greco, Southern Coin, MTB pay considerably over spot price for bullion. But they would never take any stupid chances with the three letter men.[/QUOTE]</p><p><br /></p>

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