Taxes on Precious Metal Investments

A few questions most customers ask after what is your buy or sell price is “Do you report my sale to the government?  or “Do I have to pay taxes on this?”

The answers to be honest vary and can be unclear usually by state. In the state of Georgia there are no sales taxes charges on coins and bullion. Check out the link below.

 Many investors prefer to own physical gold and silver instead of exchange-traded … American Gold Eagle coin sales do not require a Form 1099-B filing. The tax bill for all of these sales is due at the same time that your …

–> Reference Investopedia