Comments on: $5 Gold Eagle Sales Resume, Allocation Ends for 5 Oz Bullion Coins

By: Eve Silver

Eve Silver — Sat, 01 Jun 2013 09:36:02 +0000

Good to hear that the US Mint is now again selling small Eagle gold coins, but for investors it makes no sense to buy small gold coins…. the premium is too high… investment should be in one-ounce-gold coins…and for bread and butter you have 1oz silver Eagles…

By: sean7k

sean7k — Wed, 29 May 2013 11:46:52 +0000

If you want to change the course of tyranny, end the fed.
Your congress person is a critter of the elites and votes to ensure a system of graft and ever greater control. Any hopes of representative democracy or a republic ended when bankers took over the country (1913).
People in all countries have always found ways to get around taxes and this one will be no different. Liberty reserve has been taken down and bitcoin will be next. Still, we are an imaginative species.
Now, how many more kinds of silver eagles can the mint create? Especially when they are unable to meet demand? Eagles have been allocated since January and the mint will still beat records this year.
Somebody wants real money and that is the start of real freedom…

By: Boz

Boz — Tue, 28 May 2013 19:28:55 +0000

A word to the wise. These coins will become more taxable under the “Marketplace Tax Act that has passed the US Senate and is now in the judiciary committee of the US House. That is because they are bought from retail vendors, not directly from the goverment, whose sales are tax free. The rate will depend on where you live. Currently 45 states have “use” taxes that supposedly are already in place, but depend on voluntary compliance. The new law has serious teeth, and is specifically targeted to big ticket items such as bullion and firearms. While there will be a small seller exemption for some, the AP network and coin dealers will have to charge you. ID requirements will be rigorous and the new SS agency will comb credit card and bank records to insure compliance. If you love the IRS and such, you will rejoice in this.

Please investigate for yourself and let you congressperson know your feelings.

I apologize for the somewhat political post, but this legislation is more than an internet tax. It will fundamentally change your life and the coin business forever.