Coin Collecting

Question: bottom line; the Government does not have access to purchase
Records?Do any currencies that curve?
No signs of Mint.

Thank you

Kent

My answer: whew!! Do you know how to ask a question or what?!?!?!This should be one of the most controversial topics in a currency or precious metal investment research.

First off, let me point out my answers to these questions are not pure in my opinion, so ask the advice of a lawyer, accountant before any major decisions.

First question (the Government does not have access to purchase records?) is a straightforward answer. some vendors try to convince you to buy forms them, saying, some gold coins that are exempt from notification when you can buy or sell them-is just a sales ploy.

This is all the reporting exemption when you buy it unless you pay more than $ 10,000 cash.Even then, gold or silver coins are not what the Government wants. they want to know about big cash transactions.

Don't fall for scare tactics-under CFR 26 1.6045 1 and Rev. Proc v.92 modem 103, providers only need to report sales to a customer of 25 or more (but no less) Krugerrands, maple leaves or Mexican, much Onzas five bag ($ 5,000 per $ 100 value) of the u.s. 90% silver coin, gold bars, 100 kilos oz gold bars, bars ... 1000 oz. money or 50 or 100 oz oz.. Platinum's dealer does not offer anything ... If you sell much more than these.

Your question is at the other (whether all currencies exempt from confiscation?), I would say no.The Government passed a law to confiscate them for the first time, there is no reason why it could not do anything again if they so choose.

Another sales ploy to use providers is that you buy coins bullion and numismatic because "they say" numismatic coins cannot be confiscated.But the language is written in order not to exempt Executive 1933 Numismatic coins "," but instead "gold coins with a value of collector coins specially identified rare, unusual."

Even now, who is going to interpret this statement as? I bet that will be me or you or currency providers. What do you think?

Talk about the hole in the loop, one is big enough to catch the train via!

(Food for thought-currency dealers those trying to move currencies currency can be confiscated and they are very accurate, which were confiscated in 1933. most repetitive Lara now after being hidden from other countries about all these years ... ... something to think about.)

This is my opinion, however, that the Government will not have anything to gain by confiscating gold again in 1933, gold coins were regular trading on all household some paltry. these days only a small number of people with a smaller number of gold, even himself enough so that even equal brother.

I also believe that the Government is very difficult for them to get the gold from the people who have it all they have to do ... is the argument that they had had to sell it binding economic loss or something along those lines.

Again, this is only my opinion.

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