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Message:: [QUOTE="Publius2, post: 7486862, member: 105571"]That is not at all what I'm saying.  There is always a de minimus amount either in statute, regulation or practice where the gummint will not bother you.  But if the de minimus amount does not exist in statute or regulation but merely in practice then you are exposed. Look, if you left your kids $5K in bullion Morgans, Walking Libertys and ASE's, you could probably get away with doing whatever you wanted.  But if you have significant value in a collection, its sale is likely to attract attention and if your ducks are not in a row, then they will quack to your or your heirs' detriment. Your next question is likely to be "What's significant?".  Who knows?  It's always a bit of a crap shoot with the IRS and Treasury.  That's why you have to keep your nose to the wind and see what kind of stink may be coming your way. Maybe the way to think about this is this way:  If you or your heirs will sell the collection at a table at the local 30-table coin show or in the LCS, then your collection will probably not attract much if any attention.  But if you are selling through Heritage, Sotheby's, Great Collections, Bowers & Morena. DLRC, and the like, then you are not going to escape attention because these venues have a lot to lose if they run afoul of the authorities. How hard is it to get a receipt?[/QUOTE]