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/biz/ - Business & Finance

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>> No.20222555 [View]
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20222555

>>20221240
Yes, palladium eagles are more than gold right now.
Side note-- while I was looking that up, I found this:
https://www.apmex.com/product/199899/ogp-box-coa-2019-w-1-oz-reverse-pf-palladium-american-eagle

WTF apmex?! Selling this so any unscrupulous person can slap any coin in there, real or fake, and say "see, original box and COA!"
I mean, I wouldn't trust some random person with a COA anyway, I'd test in other ways... but why make it easier for them? Why would apmex be selling empty boxes with COAs for a coin that isn't there? Is there any legit reason for someone to buy an empty box and COA for a coin they don't have/didn't get certified?

>> No.20128719 [View]
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20128719

>>20128647
anon, you forgot to remove the "[embed]" again.
Get it together, fren.

>> No.19850103 [View]
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19850103

>>19849237
Interesting. A few things to consider--
- that table is for dealers reporting to the IRS, not private sales, and it is according to "guidelines", not rules
>The International Council for Tangible Assets (ICTA) has published guidelines for which precious metals transactions must be reported to the IRS based on negotiations it had with the IRS. While ICTA believes they reflect the spirit of their discussions with the IRS, they are only guidelines, not a ruling, and are thus open to interpretation by the IRS and subject to change without notice

- elsewhere on the same linked site it has different reporting-to-the-IRS circumstances
>There is no reporting requirement from a gold dealer to the IRS of what we sold to you, unless BOTH of the following conditions exist:
>1) The transaction(s) exceed $10,000; AND
>2) Actual cash (or money orders, bank or certified checks, etc) is used to make the purchase(s)

So when trying to guess if the dealer will report the transaction to the IRS, factors to consider are:
- Transaction amount value in fiat
- Payment method
- Size of bars
- Types and quantity of coins

all/any of which MIGHT trigger reporting, which would then need to be factored against the previously mentioned gains amount/otherincome/tax bracket/other capital losses to calculate the actual CGT rate and amount owed.

Or you could just do private sales/barters and not say shit, in minecraft.

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