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<p>[QUOTE=&quot;Cloudsweeper99, post: 840495, member: 3011&quot;]My understanding is that the $100 profit in your example is taxable at the 28% rate on collectibles.&nbsp; This might change ten years from now.&nbsp; You need to keep your receipts for the purchase price to establish your cost basis, otherwise the entire $500 might be deemed taxable.&nbsp; Right now, I don&#039;t know of any way the government would know that you sold such a small number of coins.&nbsp; However, ten years from now it seems likely that all such transactions will be recorded and reported, so keep good records so you can comply with the tax law.[/QUOTE]</p><p><br /></p>

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