Message:

<p>[QUOTE=&quot;medoraman, post: 995166, member: 26302&quot;]Its true. States are stepping up this enforcement as well, since they have spent everything they have ever taken in and then some. I have even seen audits being performed on people with colelctions and the state going back through records to reconstruct coin purchases out of state or overseas and then levying sales tax and penalties. Collectors are getting assaulted on every turn nowadays be it the IRS 1099 regs, sales and use tax, etc. A collector really needs to think about the structure of their purchasing and storing and disposal of their collections if they are putting any kind of serious money in their coins.[/QUOTE]</p><p><br /></p>

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