📹How about smaller gold coins? Video here: kzfaq.info/get/bejne/aJuhitlovcmzl4k.html

There shouldn't be any taxes on gold for I paid income taxes on the dollars I used to buy my gold. Isn't it funny how the machine wants to collect taxes on when I profit on my metal, but takes no responsibility on any losses if I take a hit on the sale?

I picked up my first 1 oz eagle a couple of weeks ago, and chose it over the maple. It's like a Mercedes S class or Air Jordan 1 - a classic design that's universally recognized and respected.

You explanation of tax and investment advantages of the Eagle is how shall I say, Golden! Excellent content!

The Gold Eagle is currently most desirable gold coin for me as I am struggling to find any Eagles in Australia. I already have Maple and Britannia.

Rewatched the video to be sure I got the reporting requirements straight. Most of us aren't facing reporting and paying CG tax, because we will not be selling enough at one time to reach the threshold. Many of us don't even own at the threshold level.

You, sir, have made the case for the AGE. Most cogently argued. Tax implications are of paramount importance. It's bad enough some places tax purchases of PMs, it is downright criminal to tax on sale. I personally like the current design of the AGE, harks back to the St.Gaudens on obverse. The St.G double eagle is my #1 coin design. Thanks for the vid, greetings from Bombay, India 🇮🇳

Grabbing the gold maple is a no brainer. Cheaper and more refined. If you can get the buffalo for the same price as the eagle, another no brainer.

I think the maples are so pretty, it's a shame about the queen on the back. just my opinion great video again.

Great video, and thanks for the shoutout. I learned some new things, for sure. Plus, one can’t go and sell, say, 20 Maples at a time because then they could be guilty of Structuring. Keep up the amazing work, sir!

You did a excellent job showing the pros and cons. Awesome video man!👍🏻

I’ve seen production numbers and one ounce AGE exploded for 2009-2011 for last price increase. But the Buffalo did not. I would think it was demand driven rather than supply.

Heh, I'm European, and on the contrary, I think Gold Eagles are beautiful! Not least, I find the eagles motif on the flipside gorgeous and it actually saddens me the US mint is replacing it in 2021. The coin is extravagant and tasteful; it's liberty, art deco, 'in Gold we trust', all true American, and the copper-silver alloy makes it brighter than say, a Krugerrand, which is the standard fare over here. I almost exclusively stack Sovereigns and American Gold Eagles, and that's for a reason!

In Canada, any gold less than 4 nines (24 carat) is subject to a 5% tax on purchase (GST). This makes eagles, any many other coins less desirable.

Thank you for the informative episode.

For small transactions, I think that many people prefer to skip the dealers and go peer-to-peer via social media, though that comes with its own risks. In that case, the gold coin with the lowest premium or the smallest buy-sell spread would make the most economic sense. Things like sovereigns can make sense in that regard, since they have a low premium.

The Saint-Gaudens Liberty is timeless, classic, elegant, and simply damned beautiful. Only a leaf peeper would think the Maple Leaf is a more beautiful coin. That being said, the 225th Anniversary of the US Mint Liberty has a drop dead gorgeous African American Liberty and I will stack those beauties to the moon.

Unfortunately Canada makes the purchase of AGEs prohibitive due to the sales tax which differs by province. In mine it’s 15% 😳 Needless to say I don’t own any but would like at least one. When a coin isn’t 100% gold we get taxed. I love the good buffalo and have a few as well as Perth Mint fractional gold coins (but not 1/10 oz) and of course Maples whole and fractional. I buy only investment grade coins but spice it up with attractive coins only from reputable and well known mints. BTW in our private discussion of last Thursday I commended you on your purchase. I thought it was a good buy, so much so that on Friday I picked up 1/4 oz Perth Mint Year of the Horse and 1/2 oz Maple. Thanks for the push! Really enjoy your no nonsense and informative videos. It’s like a breath of fresh air. Cheers 🍻

Over here in Scotland there's no tax on gold , but 20 %tax on silver ,so golds worth buying 👍

I will take a Buffalo over a AGE. Everyone says the Buffalo's are a higher premium, but I have never seen that.

Extremely informative video. Thank you very much. I actually learned quite a bit! Love your content. Thumbs up. 👍

If it's the easiest to sell, brings your the highest return, then in that aspect, yes. Is it the most beautiful? Another story lol

Much prefer Gold Eagles, which have 3% silver and 5.33% copper added to them to make them stronger. I assure you, the 22k Gold Eagle coin is a lot more robust than the 24k gold coins. The Gold Eagles are harder, don't scratch or scuff like 24k Buffalos or Maples, which are a lot more fragile. And yes, all of these coins contain the same amount of gold.

I like the American gold eagles better than any other gold bullion. I also love the pre 33 gold. I am more of a coin collector than a stacker. A lot of the American gold eagles will be around for a long time. But I think that the pre 33 gold with the low mintages and several of them being melted down that they will be more rare in the future. But it’s what you like to stack.

Best coin hands down for reasons beyond looks and if you get in 1oz it looks great

It's a rare day when my LCS doesn't have at least 1 AGE. Tougher to find...well, anything else. I wish the Maples were 32.7 mm like the thickness of the Buff/Eagle :/

A few days of crises and many coins will be more well known.

To say nothing about the lack of security features compared to the Maples and Britannias.

Good video, a lot of good information, thanks for sharing your perspective.

I'm sorry but I just can't get my head around the American obsession with hating on Elizbeth. She's the longest reigning monarch in English history, she's never declared war on the USA, and the Monarch involved in the American revolution was her 4th Great Grandfather (sins of the 4th great grandfather, eh?). And even the word "bullion" comes from middle English, so she gave you that too. I'm friends with many Americans (I even have a couple in my family) and I know they are tenaciously patriotic but I think what they don't get is that so are Canadians. Elizabeth has been our figurehead since the Eisenhower years and what she represents is a sense of nobility and grace to our parliament that is not normally seen in world politics. And when it really comes down to it, she's just an old lady with a busy schedule of waving at people; but she's as much a part of our culture as Teddy is to yours. Besides, every kid knows that pirate gold coins have either a King, a Queen or a South American Indigenous symbol on them 👍 -BG

It’s very beautiful no doubt. I wish it was pure gold 24k

Hey, it is the tax episode I wanted. Thanks!

I have the same thoughts! I love the Maple design and its purity! The Eagles are not as pretty as 24k but they make sense.

I totally agree man love the American gold eagles and buffalos and maples look nice but ehhh I rather get my stacking goal in AGE then move on to Canadian lol

Haha, PO Box. Thanks for an amazing video 2-1. Go maples!

Great info. Thanks!

I actually think the AGE is beautiful

Actually buffalos have same premium as gold eagles on some bullion sites, you just have to spend sometime to find the deal

Really beautiful coins, but which brand capsules are you using in this video? Thanks for the information

Can’t do mixture of gold/silver/copper.You don’t see any new 90% silver.These are just newer version of pre 33 coins.

Does it really matters which coin you buy, if you sell less than 25 oz? If it’s less than 25 then no 1099 reporting , correct?

Awesome content!

Great information 👍

I prefer 9999 gold. My favorite is the Britannia followed by the kangaroos.

Beauty is in the eye of the beholder. I'm American!

I like Maples too! I find that they are actually much more beautiful than eagles except in gold. I actually like the half ounce eagle the most

A better Eagle on the reverse would be incredible!

You tell me cost for all Coin ?

Is the Buffalo treated the same as AGE for the reporting? Isn’t the Buffalo also IRA approved?

But what if we sell privatly ? Would we still have to file ? If I can recall I lost all my gold in a boating accident

WHat you think of nationwide coin and bullion? They have a lot of advertisement of this 1 oz gold coin. I may jump on it

I’ve bought the AUS gold coins and British sovereigns, I live in the USA but are they caught up in the 1099B?

I’d be sad to see the gaudens design go away. However i would like to see them bring back other pre-33 gold coin designs too.

AGE update to the reverse in 2021 will solidify its place as most popular in 🇺🇸. I am not a big fan of the Buffalo design... that needs an update too I like the look of 24K gold, but not enough to have more of them than AGEs

I think harmonics are the worst looking coins and I love American 🦅

Bullion is bullion, reflecting melt value... You won't ever get premiums back, only offset them through appreciation- that's it. All the coins mentioned contain the same amount of gold. Stackers should explore numismatic coins- things with history, rare, not something made lately. The tax advice is good for staying under the radar.

I thought the Mexican centenario was better/higher gold purity?

Wow...I have to get more EAGLES!! I pay enough taxes. I agree with the maples and buffalos looking better. When it comes to Gold you have the best content. When it comes to Silver Silver Joker is good too. Again great stack 👌

Great video

Never had a dealer mention 1099b to me.. I think because if they did, most pick up there coins and walk out :)

I am a relatively new gold stacker and you edumacated me. Thanks brutha.☠

Im glad Im not the only one that believes the design on the ASE and AGE's are sub par. and openly admits it. and also glad you worded: "most popular in the United states" I hear everyone says "IN THE WORLD" I don't think necessarily so.

I actually like 22k better. 24k gold coins just seems wrong. Its so fragile, not what a coin should be. The buffalo is beautiful on both sides. I like the gold eagles too. They look like what I picture a classic gold coin should look like. And the maple leafs are beautiful on the leaf side. I don't mind the queen's ugly mug for silver, but on a gold coin, nah. That 225 anniversary coin is a nice design, but something looks off about it. Like there's not enough writing on the front or something. Too much blank space.

What about purchasing large quantities of gold and silver In a single buy? Like $60,000 worth of gold and silver? And you pay buy bank wire? Is that gonna be reported?

So eagles are tax exempt when selling? Cause everything I've read online says you still have to pay capital gains tax if you make profit

Did you know that Onza is the Spanish word for ounce? Onza pronounced (Oh-N-SAh) like wooh-sa. It's just stating weight una = one onza = ounce.

Not a fan of Gold Eagles. Thankfully, today we have many choices whereas back in the 80s it was only the Krugerrand.

What if u were exchanging 100k in paper for 14 American gold and silver eagles in slab sets @7,645 per 1oz Michael Reagan 2021 gold coins, is that over priced, is there a way to determine the value so not overpaying buying from US Money reserve?

Is the gold buffalo subject to the same standard as the American Eagle as far as taxes

Here in the USA... Maples all the way, gold and silver. 99.99% and cheaper because of US / Canada exchange rate. Period the end.

I don't know if Eagles are that popular, A lot of people are buying the Britannia, the philharmonic, sovereigns, maples. Eagles are very bland, I hate the new design.

Interesting point on taxes! Do you know if the American Gold Buffalo has the same tax treatment as the American Gold Eagle? What about the older American gold coins (Eagle & Double Eagle) or more modern American Gold coins (commemoratives etc)

pm ira was easier to roll over for me and my wife. when i hit 71.5 years in a year and a half. all i have to do is start taking them out as gold or silver. sounds simple enough to me.

What are your thoughts about the 1 oz Britannia's I really like the design and luster being 9999 of course any inputs thanks and good information as always good day .

Hi question if you sell the American Eagle and buffalo gold coin are they gonna tax you please let me know coz I’m thinking buying American and buffalo gold coins thanks

Is a 2020 coin more valuable that a 2022 coin or vice versa?

can you tell what the brand is of the capsules that contain the buffalo and american eagle?

Lately the Buffalos have been going for the same price as the ASEs

Any recommendations on books or documents to read that talk about the facts mentioned on this episode regarding American Eagle Coin? [I'm very new to this] thanks

Damn bro you sound like a commy 😂 I’m just kidding of course. I appreciate the content. I love the age’s but I understand where you’re coming from. Those maples are beautiful as well 🇨🇦. Enjoy your Memorial Day weekend brother 🇺🇸

That Sebenza 😍😍😍

is AGE the only one exempt from the tax? What about gold buffalo, silver eagle, and silver buffalo. are those exempt? Sorry if you said it in the video, i might just not have understood

…put it the other way around: even though that US government is uniquely subsidising the American Eagle, it is from a global perspective still not the most popular coin… my take is that aside of special taxation, there isn’t a lot to love reg. the eagle…

mag kano na po ang value nyn sa ngayon..meron nyn sa frend ko..instead of year...arabic naka lagay..50 dollar po sya

st gaudens udc is the best design period

What I REALLY want to know is...How much gold on the averag is owned by people buying gold becuase of looks and how much by folks buying gold cuz it is gold? I love my precious ummm Eaagles.

I'd rather a Gold Swan (5000 mintage) 9999 pure Gold...I like the Eagle design but I like 9999 gold better. Perth mint for variety and always produce the best Gold coins and limit their mintage also.

I have a 1981 maple 999 fine

The reason AGE’s and AGB’s don’t have 1099B requirements is because they didn’t exist when the requirement was written. There are reporting requirements for dealers and reporting requirements for the individual. Too many people assume if they avoid a 1099B the IRS does not require them to pay capital gains. This is false. The IRS considers coins, gold and otherwise, collectible. From the Schedule D instructions: “Collectibles include works of art, rugs, antiques, metals (such as gold, silver, and platinum bullion), gems, stamps, coins, alcoholic beverages, and certain other tangible property.” AGE’s are not exempt from capital gains tax. No PMs are exempt. The IRS requires the taxpayer to report capital gains on the sale of collectible items on Schedule D whether or not a 1099B has been issued by the dealer. I am not a tax professional. I am not giving advice. I have read the code and consulted a professional. I’m not telling anyone what to do, I only want people to make an informed decision. We do not have the IRS’s blessing to not report capital gains on PM sales.

Funny how the government tells you that you have capitol gains when the only reason your gold is worth more than when you bought it is because they tanked the value of the dollar 😂

2 is 1 I personally like the AGE I've never had a problem with the reverse however I am hoping that what ever design they go with in 2021 that it's not something lame. It seems that whom ever it is voting on these changes always pics something lame just look at our nickle. The mint had all those different reverses to choose from and they went with the same old lame worn out design. And yes I'd love to see the AGE in 24k.

We have 91.67% overall purity of the AGE 31.1g of pure 24k gold and about 3g of silver and copper. If the AGE had one troy ounce of 24k gold but the fineness was 99.5% or 99.9% would that be an issue? I have been after the US Mint to pin them down on the fineness of gold used in the AGE before the copper and silver is added. The US Mint is dodging my question and I have elevated this question high. I am very suspicious the fineness of the gold used in the AGE (before the alloys are added) is actually 99.5. It is definitely not 99.99 Heads up, the Canadians also cut the demand for AGE off at the knees with their own sneaky tax tactic. I found out Canadians will NEVER buy a AGE (or Krug) because they need to pay tax on any PM that is not at least 99.5 fineness. The Buf is much more expensive for them to buy, so the Canucks buy only Maples because they are the best bang for their duck-buck.

The problem for me with AGE’s is that they reused the St Gaudens design. It’s a gorgeous one, maybe the best ever. But it’s already been done. Just like that stupid gold Buffalo nickel. They’ve already been done. At least the Britannia, Maple and others have created new designs for their bullion coins.

No. The buffalo or maple leaf are

Are Mexican 50 pesos a good stacking investment?

Buffaloes not exempt?

As far as premiums…maybe it’s changed in the last year, but the premium for the ugly gold nickel has been a lot lower than the premiums for the Eagle for 2022.

Sell 24oz everyday for Kobe 😎

22k gold rules for coins. Not a fan of 24. Gold eagles are LIQUID. They seem to be treated more like money here in the US.. it’s the official go-to gold coin for investors and just people who wanna save their money in general. They trade at a premium

I buy Britannias, 999 fine 🙂 and cheaper too.