I am wondering how the process of buy gold coin works. From what I was told, there are actually two types of gold. "Collectible" buy gold coin, which are usually the coins made in 1933 and before. And the "Bullion" coins, which are the gold coins cheaper than the collectible ones. Obviously you pay a premium to buy a collectible coin like a liberty, and I'm told that you can get the premium back upon selling it. But I'm wondering about the process of selling these different types of coins. I was told that a collectible coin like a liberty is considered to be a "private" piece of gold and when you sell it to somebody else, it is a "private" sell therefore you do not have to file a 1099 claiming that you made the sale at the end of the year. But with a bullion gold coin like th eagle, which I'm told is considered "public" gold, you HAVE to claim it on your taxes at the end of the year by filing a 1099. I'm wondering, first Cheap Alli Online of all if there is such a different existing where there is "public" and "private" gold coins, and is what I just explained true? Can somebody please explain this process to me because I am pretty close to clueless. If you know what your talking about, would it be possible for someone to show me the law outlining this information on a government website like the IRS or something, because I can't find any information about this stuff really.. thanks

 

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