$10,000 in Gold Jewelry & Coins

[1treasurehunter1]

Hey everyone,

I have just uploaded a video on all the gold jewelry I've found at garage sales and thrift stores in a two year period. Enjoy! There's a lot of good stuff here!

 

[Red James Cash]

I'm sure Mr tax man appreciates you for it

 

[Beachkid23]

Nice video! Good job saving it all too. I've had to scrap a lot of the stuff I have found over the years, but have kept some of the better items. Thanks for sharing!!

 

[Keppy]

Yes after putting that video up you might hear from the IRS..

 

[treasurekidd]

Yes after putting that video up you might hear from the IRS..

If he hasn't sold any of it yet, than he hasn't realized a gain on his investment, and no tax is owed.

 

[dejapooh]

Considering the stupid cuts to the IRS in the last few years, I doubt they have time to check Ebay, and so on for sales under $20,000 (the reporting threshold), much less surfing YouTube looking for a few thousand is gold. Every dollar spent in enforcement brings in $6 of additional revenue. Yep, lets cut them...

 

[Red James Cash]

Considering the stupid cuts to the IRS in the last few years, I doubt they have time to check Ebay, and so on for sales under $20,000 (the reporting threshold), much less surfing YouTube looking for a few thousand is gold. Every dollar spent in enforcement brings in $6 of additional revenue. Yep, lets cut them...

They dont have to,its all automatically done for them,isnt that a kick in the you know what.Google "Fusion Centers"

 

[diggummup]

I believe the OP is from Canada.

 

[Red James Cash]

I believe the OP is from Canada.

The funny thing is is that Canada also has fusion centers

 

[1treasurehunter1]

Nice video! Good job saving it all too. I've had to scrap a lot of the stuff I have found over the years, but have kept some of the better items. Thanks for sharing!!

Thanks! Glad you enjoyed the video!

 

[1treasurehunter1]

If he hasn't sold any of it yet, than he hasn't realized a gain on his investment, and no tax is owed.

Never gonna sell it anyway. Keeping it all as a hedge.

 

[bill from lachine]

Nice haul for your efforts.

Regards + HH

Bill

 

[treasurekidd]

Never gonna sell it anyway. Keeping it all as a hedge.

Smart idea. It never hurts to have a little something put aside for a rainy day. Great job finding all that!

 

[1treasurehunter1]

Nice haul for your efforts.

Regards + HH

Bill

Thanks and HH!

 

[1treasurehunter1]

Smart idea. It never hurts to have a little something put aside for a rainy day. Great job finding all that!

Thank you! I actually found some more today. 1.67 grams of 22k and 1.28 grams of 14k. Not much but only paid $2. It all adds up over time.

 

[Beachkid23]

I've spent the last hour watching YouTube videos of jewelry people that have found jewelry at yard sales. 95% of them have totally sucked so I had to watch yours again! I just want to share two of my favorites that I have found and kept. Both are 18 karat gold women's watches. The first one the thicker of the two I paid $5 for. the second one I paid $400 for. Which I have online. Probably too much but I'm not to worried! Happy hunting!

 

[Tallone]

Considering the stupid cuts to the IRS in the last few years, I doubt they have time to check Ebay, and so on for sales under $20,000 (the reporting threshold), much less surfing YouTube looking for a few thousand is gold. Every dollar spent in enforcement brings in $6 of additional revenue. Yep, lets cut them...

I thought we didn't talk politics here.

 

[Treasure_Hunter]

I thought we didn't talk politics here.

Post is directly related to topic which is treasure hunting..

 

[1treasurehunter1]

I've spent the last hour watching YouTube videos of jewelry people that have found jewelry at yard sales. 95% of them have totally sucked so I had to watch yours again! I just want to share two of my favorites that I have found and kept. Both are 18 karat gold women's watches. The first one the thicker of the two I paid $5 for. the second one I paid $400 for. Which I have online. Probably too much but I'm not to worried! Happy hunting!

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I'm glad you enjoy my video! I'll be uploading a Silver one soon. Those are nice watches! I haven't found any gold watches yet, hopefully I will soon one day.

 

[Tallone]

"...I doubt they have time to check Ebay, and so on for sales under $20,000 (the reporting threshold), much less surfing YouTube looking for a few thousand is gold."

Regarding the above portion of the post, I agree with you, Treasure Hunter. That portion is on topic. However, the following portions of the post are political opinion:

"Considering the stupid cuts to the IRS in the last few years..."

"Every dollar spent in enforcement brings in $6 of additional revenue. Yep, lets cut them..."

One of the reasons I like this forum so much is the absence of politics. Political commentary (especially the snide and sarcastic variety) seems to permeate everything these days. Such talk is refreshingly absent here. I hope it remains that way.