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<p>[QUOTE="zekeguzz, post: 1293448, member: 15455"]What happens if your coin/s have been passed down to you with no known purchase price and they are sold</p><p>for $10,000.00? I would think your gain would be $10,000.00 and that's what goes on line 1 Long term capitol gains</p><p>on Schedule D along with coin description and date of sale.[/QUOTE]</p><p><br /></p>
[QUOTE="zekeguzz, post: 1293448, member: 15455"]What happens if your coin/s have been passed down to you with no known purchase price and they are sold for $10,000.00? I would think your gain would be $10,000.00 and that's what goes on line 1 Long term capitol gains on Schedule D along with coin description and date of sale.[/QUOTE]
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