Will fractionals carry an increased premium?

In response to the new law regarding 1099s for anything over $600.

(Assuming this is not repealed within the next 18 months)

 

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It is possible that they might. People might start to buy them in order to stay under the $600 1099 law when they have to sell 1 or 2 at a time at some point in the future. But if gold continues to go up to a point where even a 1/10 oz oz gold coin trips the $600 mark, then that will be very interesting what premiums will do at that point.

This is a guess on my part. I really do not know if fractionals will carry an increased premium as a result of the 1099 reporting.

 

My understanding is that the new 1099 law applies to purchases from suppliers, not sales to customers. Of course, all costs must be passed along to customers, but I don't think this will be a big deal in coin prices.

 

Depending on how the rules and regs are established and the spot price of gold. Many sellers of fractional gold may be willing to accept a discount and avoid a 1099 being issued.