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Taxing metal

This forum is for discussing hunting and collecting US and Canadian circulation Silver Bullion Coins, other types of minted bullion, and other types of precious and base metal investments other than Bullion Pennies and Nickels.

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Taxing metal

Postby tgruhn22 » Fri Jan 11, 2013 11:08 am

Has any one heard of the senate bill that will levy a tax on collectible coins and bullion
bought or sold?
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Re: Taxing metal

Postby OtusLotus » Fri Jan 11, 2013 12:49 pm

Actually thought that there was a congressman that submitted a bill eliminating the tax on coins and bullion.
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Re: Taxing metal

Postby Aqualung48 » Fri Jan 11, 2013 7:57 pm

Capital gains tax on any bullion or coins sold, where the amount of the sale is over $600.00
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Re: Taxing metal

Postby agmoose » Fri Jan 11, 2013 9:06 pm

#*&%$-+'s. Aaaaaaarrrrrrgggghhhh.
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Re: Taxing metal

Postby scyther » Sat Jan 12, 2013 3:26 am

I thought there already was?
267,500 pennies and 186,000 nickels searched. Hand sorter.
10/13/18
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Re: Taxing metal

Postby Hawkeye » Sat Jan 12, 2013 8:18 am

If there is a tax put into place for amounts over $600, would that make the premium on small fractional gold (1/10 oz, 1/20 oz, etc) skyrocket?
Metal > Paper
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Re: Taxing metal

Postby SilverDragon72 » Sun Jan 13, 2013 9:52 pm

A tax on selling PM's? That's ok, because I don't own any! :clap: :lol:
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