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<p>[QUOTE=&quot;Prime Mover, post: 1759062, member: 38783&quot;]Medoraman, I certainly agree with the concern that there seems to be insufficient hard language exactly defining whether a collector selling coins as part of the hobby is considered a &quot;bullion dealer&quot;.</p><p>&nbsp;</p><p>But, it looks to me like &quot;normal&quot; folks may be off the hook here:</p><p>&nbsp;</p><p><u><span style="font-size: 17px"><font face="times new roman"><span style="color: #333333">(b) A bullion coin dealer does not include any of the following persons:</span></font></span></u></p><p><u><span style="font-size: 17px"><font face="times new roman"><span style="color: #333333">(2) a person who engages only in transactions at occasional garage or yard sales </span></font></span></u></p><p><u><span style="font-size: 17px"><font face="times new roman"><span style="color: #333333">held at the seller&#039;s residence, farm auctions held at the seller&#039;s residence, or estate sales </span></font></span></u></p><p><u><span style="font-size: 17px"><font face="times new roman"><span style="color: #333333">held at the decedent&#039;s residence;</span></font></span></u></p><p><u><span style="font-size: 17px"><font face="times new roman"><span style="color: #333333">(5) a person who engages only in transactions at occasional trade shows where the </span></font></span></u></p><p><u><span style="font-size: 17px"><font face="times new roman"><span style="color: #333333">consumer is present and the transaction is made at the trade show; or</span></font></span></u></p><p>&nbsp;</p><p>To me - and I&#039;m certainly NOT a lawyer - the above reads favorable to collectors, at least in some areas like coin shows.&nbsp; Although it&#039;s specific about some instances where you can sell items and not be considered a dealer, it&#039;s a little too specific.&nbsp; I&#039;m willing to go as far as saying I&#039;d be hard pressed to believe they&#039;d include sales and purchases in a &quot;hobbyist&quot; setting - online, at a coffee shop, craigslist, etc.&nbsp; However I&#039;d rather not be the guinea pig on finding that out, especially with it not really defined well in black and white.&nbsp; Things left open for interpretation usually favor those on the law enforcing end, not on the receiving end.</p><p>&nbsp;</p><p>Is it a little more grey for someone who is not a real business but operates an eBay &quot;storefront&quot;?&nbsp; Yeah, I&#039;d be a little worried without more clarification on that also.</p><p>&nbsp;</p><p>Well intentioned law?&nbsp; Yeah, I&#039;d go that far.&nbsp; But I&#039;d also say it&#039;s far from being very clear for a lot of scenarios and is dangerous as worded (or moreso not).[/QUOTE]</p><p><br /></p>

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