advice on selling bullion

[phrostie]

It's time to part with some of my 40% bullion I have stocked. Although I hate to part with it I'm in need of cash for some house projects. I've heard people discuss Apmex, but are there any other places to sell bullion that fellows here could recommend?

Also, what are the tax implications on selling?

Thanks,

~phrostie

 

[mts]

I'd say that this thread is pretty timely:

http://forum.treasurenet.com/index.php/topic,310199.0.html

There is some tax stuff at the bottom.

 

[obediah]

It's time to part with some of my 40% bullion I have stocked. Although I hate to part with it I'm in need of cash for some house projects. I've heard people discuss Apmex, but are there any other places to sell bullion that fellows here could recommend?

Also, what are the tax implications on selling?

Thanks,

~phrostie

Tax implications are if you sell it you sell it , it is taxable income and if you don't do it for cash and you don't report it they will if/when they find you persecute you. IN the Healthcare "reform" is provision to hire tens of thousands of new tax agents to find income and take it from you to pay "your fair share" of our proggressive, i.e. socialist system!

 

[myprecious]

Don't sell. Swap.

 

[Electronova]

obediah, your expansive knowledge of how we're slowly getting screwed is really depressing

my vote: trade, barter, and sell under the table

 

[quiksilver]

Pretty much only way to get caught unless they are running a sting is to leave a paper trail.