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Dec 15th, 2024
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Debating buying gold coins. Curious if anyone is selling close to spot pricing
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Joined: Mar 2009
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Check out the jewelry repair shop across from Juggies next to Krave. They buy and sell gold.
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Why buy at an all time high?
I am just curious.
Last edited by Jeff thorton; 02/13/2025 02:43 AM.
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Just keeping an eye out while Iām there. Less than 12 months ago, $2200 was an all time high.
May go higher and I have a lot of paper fiat on hand that is losing value.
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Carol Hill
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Money that isn't backed by gold or silver is referred to as fiat currency.
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Why buy at an all time high?
I am just curious. ..and why buy in SXM? I might see selling in SXM to avoid cap gains tax
Last edited by boucharda; 02/13/2025 03:03 PM.
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You realize there are limitations on amount of currency that can be transported without declaring.
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I think you can legally transport a million worth but must be declared over $10,000. I usually have to make several trips to take it places.
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I think you can legally transport a million worth but must be declared over $10,000. I usually have to make several trips to take it places. Now you're sounding like Kenny's. ššš
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It is easier to move than a truckload of wine bottles 
Last edited by TJTrippe; 02/13/2025 08:42 PM.
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Juan Trippe understands LOL.
Yes you can invest in more than 10K but have to declare. AIso just curious to see what may be coming in from Europe. Wish I bought a few oz in Perth 20 years ago!
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I might see selling in SXM to avoid cap gains tax If you are a US citizen that does not work at all. Worldwide income is taxable.
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I might see selling in SXM to avoid cap gains tax If you are a US citizen that does not work at all. Worldwide income is taxable. Ok...so then why risk bringing cash to buy them in SXM and risk carring them home. Why not just get them at spot + in your home country.
Last edited by boucharda; 02/14/2025 02:27 PM.
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bc im looking for coins I may not easily get here in the states
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If that's the case then you might pay a premium for hard to find collector coins.
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My bad...I thought you were referring to gold bullion coins not collector items....makes sense to aquire those wherever you find them
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