Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
Inventories of Gold/Silver and Collectables
>
Reply to Thread
Message:
<p>[QUOTE="Zuhara, post: 837979, member: 23099"]I think there is a bit of a misunderstanding here. As a buyer, you never need to file an 8300 form, this form is filed by the seller or dealer. They will file it on any cash transaction over $10,000. This has nothing to do with what you're buying, nothing to do with coins per se, and would be filed if you for instance paid for a car in cash. It has to do with money laundering, and applies only to cash purchases. Checks, wire transfers, and money market withdrawals are <b>not</b> cash. Furthermore, as a buyer, you will know it is being filed because they will be asking for information like your Social Security number. If you scroll halfway down the page of the following, all the information about reporting is discussed here.</p><p> </p><p><a href="http://www.cmi-gold-silver.com/gold-confiscation-1933.html" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.cmi-gold-silver.com/gold-confiscation-1933.html" rel="nofollow">http://www.cmi-gold-silver.com/gold-confiscation-1933.html</a>[/QUOTE]</p><p><br /></p>
[QUOTE="Zuhara, post: 837979, member: 23099"]I think there is a bit of a misunderstanding here. As a buyer, you never need to file an 8300 form, this form is filed by the seller or dealer. They will file it on any cash transaction over $10,000. This has nothing to do with what you're buying, nothing to do with coins per se, and would be filed if you for instance paid for a car in cash. It has to do with money laundering, and applies only to cash purchases. Checks, wire transfers, and money market withdrawals are [B]not[/B] cash. Furthermore, as a buyer, you will know it is being filed because they will be asking for information like your Social Security number. If you scroll halfway down the page of the following, all the information about reporting is discussed here. [URL]http://www.cmi-gold-silver.com/gold-confiscation-1933.html[/URL][/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
Inventories of Gold/Silver and Collectables
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...