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What government-issued bullion coin do you reject?
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<p>[QUOTE="NorthKorea, post: 2782369, member: 29643"]Your comments made no sense in the context of what you wrote. The two main reasons why I don't like Krugerrands are:</p><p><br /></p><p>1) No legal tender status... anywhere.</p><p>2) Design is horrible.</p><p><br /></p><p>It's basically an art round that has a country's name attached to it. I'm fairly certain that the reason behind assigning legal tender status to bullion is to make it an offense to counterfeit them.</p><p><br /></p><p>As for the taxation, I might be wrong on Krugerrands. Since they have no face value, they don't have legal tender status. As such, they're taxable if ANY premium is placed on them beyond the metal value.[/QUOTE]</p><p><br /></p>
[QUOTE="NorthKorea, post: 2782369, member: 29643"]Your comments made no sense in the context of what you wrote. The two main reasons why I don't like Krugerrands are: 1) No legal tender status... anywhere. 2) Design is horrible. It's basically an art round that has a country's name attached to it. I'm fairly certain that the reason behind assigning legal tender status to bullion is to make it an offense to counterfeit them. As for the taxation, I might be wrong on Krugerrands. Since they have no face value, they don't have legal tender status. As such, they're taxable if ANY premium is placed on them beyond the metal value.[/QUOTE]
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