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<p>[QUOTE=&quot;medoraman, post: 2236129, member: 26302&quot;]You can characterize it the way you want, but if the IRS decides its not an investment but your hobby, you cannot. Yes, if its an &quot;investment&quot;, there are different rules. However, most coin collectors would be overruled if they tried to claim their hobby is an investment. If you coin collection are only bullion AGE&#039;s, then you could use capital gain rules most likely. If you collect morgan dollars by date and mm its a hobby. Capital gains are more for real investments, like stocks, bonds, land, rental property, etc. You know, stuff people DON&#039;T go to shows for, spend time for fun looking at, etc.[/QUOTE]</p><p><br /></p>

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