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View All Auctions Indian Head Cents 4 American Silver Eagles All PCGS 70 First Strike June 1983 SILVER Canada Prince & Princess of Wales Medallion Medal Canadian 5 Silver Maples and 1 Slabbed ASE 1922 No D Anacs EF45 Details Die 2 FS-401 4 PCGS First Strike 1965 silver mint set 1922 D Lincoln Wheat Cent Good 90% Silver Lot 1976 D Type 2 Ike PCGS MS 63

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IRS form 8300

Author	Topic
mike466 New Member United States 19 Posts	Posted 03/05/2012 4:47 pm http://www.irs.gov/pub/irs-pdf/f8300.pdf If you go to a dealer and buy a monster box (500 coins 1oz each)of US silver eagles which is worth over 10K, are dealers required to file this form for silver coins? Do they ask for your personal info like SSN? If you pay by money order, cashiers check, or cash Edited by mike466 03/05/2012 4:47 pm Send note to staff
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Namachieli Pillar Of The Community United States 2042 Posts	Posted 03/05/2012 5:06 pm I wish I had the troubles of needing to know the answer to this. Send note to staff
chris beatie Valued Member 344 Posts	Posted 03/05/2012 5:15 pm buy from private sector imo. Better deals and they wont report you to uncle sam. Send note to staff
specksynder Pillar Of The Community United States 872 Posts	Posted 03/05/2012 5:37 pm A dealer will (should) fill out paperwork if you give him $10K+ in cash. Now, bank wire or check, I think the paperwork is unnecessary because the bank now has a paper trail. Send note to staff
mike466 New Member United States 19 Posts	Posted 03/05/2012 6:14 pm US Silver American eagle 1 oz. coins I want to get about 200 do you guys know any dealers in Los Angeles/Orange county area? Send note to staff
OneBowl Pillar Of The Community United States 690 Posts	Posted 03/05/2012 6:37 pm Yes. And your taxpayer ID, which is part of the form that must be completed, is your SSN. If you can somehow pay by personal check, no. As objectionable as this form may seem, it's fairly benign. I would worry more about who follows you after the purchase than this form. Send note to staff
Ed_B Pillar Of The Community United States 4008 Posts	Posted 03/05/2012 8:33 pm Quote: do you guys know any dealers in Los Angeles/Orange county area? No, not specifically. Check the phone book for that area or do a Google search for "Los Angeles county" and "coin dealers". Both of these should turn up several shops that deal in coins and bullion. If you can't find one that looks good to you, do consider the on-line vendors with good reps, such as APMEX, Provident Metals, and SilverTowne. Many of us on this site have used these dealers multiple times and have done well with them for the most part. Send note to staff
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