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<p>[QUOTE=&quot;Publius2, post: 8142025, member: 105571&quot;]Not true.&nbsp; If the owner of the coins (not an heir) sells his coins, the proceeds are taxed as capital gains, not ordinary income.&nbsp; The capital gains are not added to ordinary income that would push him up to a higher tax bracket.</p><p><br /></p><p>If [USER=99769]@BlackberryPie[/USER]&#039;s father needs to sell his collection to fund current expenses, then he will be on the hook for the capital gains.&nbsp; But if he can avoid selling now and leave his collection to his heirs, then they will get the benefit of the step-up in Basis Value.</p><p><br /></p><p>If he&#039;s got a collection worth half a mill, then he should probably be working with an estate and investment planner anyway.[/QUOTE]</p><p><br /></p>

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