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Captain Hook

Posted by aurum @ 12:11 on December 17, 2024  

As I understand it, goldbacks are legal tender in certain states.  So I would think if you bought one at say $10 and later purchased something where the floating goldback value for the one bought had risen to $15 there would be no capital gain due as it is legal tender.  If you resided in a state or country where it was not legal tender there would be capital gains tax as it was an investment.

aurum

 

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.