Silver Investment 101

You just inherited a coin collection from your Grand Father and you’re not sure what to do with it – most people don’t know. You guess the collection probably is worth money, since, after all it is money and gold and silver prices are up. So the question becomes how to get the maximum money from the collection. If you live in a city large enough to have a few coin shops then that is a good place to start. However, all coin shops are not created equal and becoming an informed seller can make a big difference in the final price you receive.

Fourthly insurance is very expensive. These problems are easily avoided if you store your gold in an offshore location where it continues to be legal, and – still in its high integrity form – easy to sell.

(Q) Do you have any tax reporting requirements on a customers sale of gold….if tomorrow I sell a million dollars worth of BV gold, is that sale reported to the tax services?

There is no ideal. We price the service so that the service as a whole is good business whatever the size of the customer. Nor do we mind where the customer comes from. Unfortunately certain parts of Africa and some other parts of the world lack a banking infrastructure of sufficient integrity for us to do secure business there. But we already have customers from more than 80 countries worldwide.

Visit your local “>coin shop High Point