Investing in bullion coins, whether gold or silver, makes sense in shaky economic times when the value of fiat currency is questionable and inflation looms. Peace of mind and privacy are very important to the coin buyer when purchasing precious metals. Whether or not your trust the IRS and government, your business is your business. Here's how to buy non-reportable bullion coins.
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Difficulty:
Easy
Instructions
1
Buy your bullion coins in increments of under $10,000. Since the $10k threshold for cash purchases triggers an IRS report, make multiple $9,000 purchases instead of one $27,000 purchase, for example.
2
Use several different sources for purchasing non reportable bullion coins. Buy online, through a local coin dealer and from other silver and gold dealers to spread out your purchases a little.
3
Buy U.S. minted bullion, such as American Eagle gold coins. These are considered non-reportable bullion coins by the IRS because the U.S. backs them.
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