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<p>[QUOTE=&quot;Tom B, post: 1533055, member: 11854&quot;]You should keep receipts for everything in the event that you ever need to prove something to the IRS.&nbsp; That said, no legitimate coin business that attempts to keep accurate books would have chalked up a loss as you described.&nbsp; It is best if you give a cost basis to every portion of your transaction.&nbsp; You may do this by treating all the silver dimes as being equal and dividing up the cost to buy them as Treashunt did, or might do something such as breaking up the original dime purchase into two groups as below-</p><p><br /></p><p>$15 FV silver dimes at $340 cost</p><p>$6.90 FV silver dimes at $120 cost</p><p><br /></p><p>Sale of $15 FV silver dimes at $340</p><p>Cash $160</p><p><br /></p><p>Final cost of 1879-CC Morgan dollar equals the sale of the $15 FV silver dimes ($340) plus the cash ($160) to yield $500.&nbsp; The remaining $6.90 FV in silver dimes then cost you $120 and this number will be needed when and if you ever sell or trade these coins.[/QUOTE]</p><p><br /></p>

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