SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Politics for Pros- moderated -- Ignore unavailable to you. Want to Upgrade?

To: Nadine Carroll who wrote (337325)12/5/2009 8:20:52 AM
From: Murrey Walker  Read Replies (1) | Respond to of 793931
 
When you buy or sell bullion at a coin dealer's, he doesn't have to send any information to the IRS. The government doesn't track it.

Are you sure about that?

I've been told by ethical coin dealers, amounts in excess of $9999.99 ARE reported.



To: Nadine Carroll who wrote (337325)12/6/2009 2:18:56 AM
From: KLP  Respond to of 793931
 
Thanks for the info...I followed your and Murray's comments...and certainly will consider those options.



To: Nadine Carroll who wrote (337325)12/7/2009 11:51:40 AM
From: Alan Smithee1 Recommendation  Respond to of 793931
 
oWhen you buy or sell bullion at a coin dealer's, he doesn't have to send any information to the IRS. The government doesn't track it.

Partially true. If you pay for the gold in cash and the transaction is over $10,000, the dealer is under an obligation to file a CTR report (Form 8300).


HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News