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<p>[QUOTE=&quot;Hobo, post: 602788, member: 11521&quot;]I thought we were talking about inheritance tax, not income tax. Those are two entirely different animals. </p><p><br /></p><p>Inheritance taxes are taxes owed on property left by one individual upon his/her death to another individual. Inheritance tax <i>may</i> be owed on the coin collection if the total of the estate exceeds the threshold at the time of the individual&#039;s death. </p><p><br /></p><p>If the coin collection was bought and sold at a profit income tax <i>may</i> be owed in the form of capital gains.[/QUOTE]</p><p><br /></p>

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