Coin Community Family of Web Sites Join Thousands of Coin, Bullion, & Money Collectors
300,000 items to help build your collection! Royal Estate Auctions - $1 Coin AuctionsCoin, Banknote and Medal Collectors's Online Mall Specializing in Modern Numismatics Vancouvers #1 Coin and Paper Money Dealer Join Thousands of Coin, Bullion, & Money Collectors Royal Canadian Mint products, Canadian, Polish, American, and world coins and banknotes.
Search Coin Community
Coin Community Time
Be a Site Supporter
Make a Coin Community donation with your PayPal balance or any major credit card!
General
Facebook Pinterest Youtube Channel Stamp Forum Coin Forum Mints Spot Prices Numismatic Search Engine Numismatic Glossary Numismatic Articles Numismatic Event Calendar Numismatic People Appraising A Coin Collection Advertise Here Contact Us
CCF Recommended
eBay Amazon MA-Shops
US Coins & Currency
US Coin Facts US Colonial Coins US Mint Sets US Proof Sets US Pattern Coins US Coin Grading US Coin History US Classic Commemorative Facts US Paper Money Facts
Australian Coins
Perth Mint NCLT Mintages Perth Mint Coin Programs Perth Mint Latest Releases
Canadian Coins
Canadian Coin Facts Canadian Coin Grading Canadian Commemoratives
eBay Coin Shopping
Search CCF Members
eBay Tools eBay Coin Search Engine eBay Coin Categories All eBay Categories eBay / CCF Member List eBay / CCF Member Sales Popular Items Error Coins US Error Coins US Cheap Coins US Hot Coins US Most Watched Coins Aussie Cheap Coins Aussie Hot Coins Aussie Most Watched Coins Canadian Cheap Coins Canadian Hot Coins Canadian Most Watched Coins Ancient Cheap Coins Ancient Hot Coins Ancient Most Watched Coins World Cheap Coins World Hot Coins World Most Watched Coins eBay Coins By Type eBay Coins By Year
Active Users
There are currently 100,566 users on this website.
Stuff for Members
Recent Forum Topics
Last 100 Active Topics Last 100 New Topics
New CCF Member Sales
For Sale: 1943 -S Steel Lincoln Wheat CentCoin And Paper Money Books For SaleFor Sale - Silver Dimes Below MeltFor Sale Silver EaglesFor Sale: My Numismatic Book CollectionFor Sale: 2011 Canada Specimen SetsCoin Community Selling Rules - Updated June 5, 2025Coin Community Selling Questions
Username:
 Password:
Save Password
Forgot your Password?

Home Member CCF Sales Member eBay Sales New Posts Unanswered Search Tutorials FAQ Rules

This page may contain links that result in small commissions to keep this free site up and running.

Welcome Guest! Registering and/or logging in will remove the anchor (bottom) ads. It's Free!
All Forums Category: General Numismatic Forums Forum: Main Coin Forum

Please Explain Gold Bullion Coins To Me

To participate in the forum you must log in or register.
Author Previous TopicReplies: 17 / Views: 3,326Next Topic
Page: of 2
Conder101
Bedrock of the Community
Conder101's Avatar
United States
17884 Posts
 Posted 03/08/2011  10:17 pm  Show Profile   Bookmark this reply Add Conder101 to your friends list Get a Link to this Reply
Even if the gold coins were figured at face value for taxes, once the employees sold the coins the imcome from that would have to be reported for taxes. So the employee isn't saving anything on taxes, infact they are liable to be hit for a larger tax bite come April fifteenth because they may get hit with the extra withholding the employer didn't do.
Report this Post to the Staff  Go to Top of Page
biggfredd
Rest in Peace
biggfredd's Avatar
United States
9104 Posts
 Posted 03/09/2011  6:06 pm  Show Profile   Bookmark this reply Add biggfredd to your friends list Get a Link to this Reply

Quote:
And why stamp them with denominations when their metals are worth hundreds times more than their face value?


Face value makes them coins. Various jurisdictions have either sales or property taxes on bullion, but not coins.
Report this Post to the Staff  Go to Top of Page
  Previous TopicReplies: 17 / Views: 3,326Next Topic
Page: of 2

To participate in the forum you must log in or register.
All Forums Category: General Numismatic Forums Forum: Main Coin Forum



The First Dollar, your premier source for bullion and rare coins. See our bullion list on the site and the coin inventory on ebay.Shop for APMEX Bullion on eBay!Silver Gold Bull US is the United States leading bullion dealer. We deliver gold coins, gold bars, silver coins, silver bars and precious metals to your door. Order today! Shop CCF Members on eBay!eBay Coin Deals
    


View Last 100 New Topics

View Last 100 Active Topics



Disclaimer: While a tremendous amount of effort goes into ensuring the accuracy of the information contained in this site, Coin Community assumes no liability for errors. Copyright 2005 - 2026 Coin Community Family- all rights reserved worldwide. Use of any images or content on this website without prior written permission of Coin Community or the original lender is strictly prohibited.
Contact Us  |  Advertise Here  |  Privacy Policy / Terms of Use

Coin Community Forum © 2005 - 2026 Coin Community Forums
It took 0.16 seconds to rattle this change. Forums