Do you ever get receipts from your local coin shops? What about when you are gifted bullion? I foresee potential tax problems should I ever sell. It's automatic to get receipts from online purchases, which is great because these are almost always in my case $100+ purchases. When I buy from my local shops and spend at least $50, I am given a receipt. However, I also make numerous small purchases of $10-$30 almost weekly. I have also received thousands of dollars of bullion as gifts. When the time comes to sell and make a profit, what am I to do when declaring what my gain was on these assets? I don't necessarily expect an expert to chime in and help, so perhaps I am just looking to commiserate with other people in a similar case. But, I have just realized I am sitting on around 100 oz of my silver and a few ounces of my gold which was made in small purchases or given as a gift. Years from now when I sell those to make a profit, the $ amount may be large enough that I will need to declare it as income, but it will be impossible to show what the original purchase price was.