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<p>[QUOTE=&quot;Owle, post: 1385710, member: 22004&quot;]Good points. Another thought is how honest and rigorous are the accountants with the grading services and top tier numismatic and collectible companies? They are competing with one another to get the business. I can think of one darling of a particular segment of the investment world, CCME, China Media Express, an advertising company. Deloitte and Touche had done the accounting work so everyone assumed they were kocher. When &quot;Muddy Waters&quot; investigated, and made accusations they cried foul; the accusations proved true and a company that had traded over $20 a share is now non-marginable.</p><p><br /></p><p>It is really easy to cook the books with numismatics. I doubt many IRS auditors have gone over the entire paper trails of a $10 million or more collectibles company. Coins come in raw, bought at spot, they get certified, now worth many times the original price paid. They get traded, or sold for a check or cash. As I said, it is really easy to understate tax liabilities, not a good thing to do though.[/QUOTE]</p><p><br /></p>

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