Message:

<p>[QUOTE=&quot;medoraman, post: 1159450, member: 26302&quot;]Myself, I make the case on returns that they are investments and not collectibles. I am a CPA so if the IRS ever challenged me on that, (bar or junk silver), I would see them in tax court. Yes, coins are colelctibles, but I feel there is enough case law to say that selling PM&#039;s at their metal value is an investment. Your tax preparer may not agree, but that is what I do.</p><p><br /></p><p>Great point Cloud, sorry I just answered as if they were investment items like stocks, which to me PM bullion is. If you sell for a premium over bullion, though, then you could be in trouble if not paying as a collectible.[/QUOTE]</p><p><br /></p>

Your name or email address:

Do you already have an account?

• No, create an account now.
• Yes, my password is:
• Forgot your password?

Stay logged in