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<p>[QUOTE="Cloudsweeper99, post: 294537, member: 3011"]I'm not a tax accountant/attorney so you may want to get professional help locally, not from the internet, but this is my understanding. If the coins belonged to your father, the cost basis to you is the value of the coins on the day he died. Estimates are permitted. If his estate was large enough to incur estate taxes, the coins should have been part of the calculation but incur no capital gains tax at that time.[/QUOTE]</p><p><br /></p>
[QUOTE="Cloudsweeper99, post: 294537, member: 3011"]I'm not a tax accountant/attorney so you may want to get professional help locally, not from the internet, but this is my understanding. If the coins belonged to your father, the cost basis to you is the value of the coins on the day he died. Estimates are permitted. If his estate was large enough to incur estate taxes, the coins should have been part of the calculation but incur no capital gains tax at that time.[/QUOTE]
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