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<p>[QUOTE=&quot;calcol, post: 3244147, member: 77639&quot;]On your Federal and some state tax returns, you are supposed to declare any capital gain or loss on sale of collectibles in the previous tax year.&nbsp; A gain will be taxed; a loss may lower the taxes you have to pay on other sources of income.&nbsp; But, you need to have proof of purchase (or inheritance) and sale, and clear statements of dates, dollar amounts, and description of the coins.</p><p><br /></p><p>Cal[/QUOTE]</p><p><br /></p>

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