Common Questions

👉 Usually no, unless it involves large cash payments.

👉 No, they are not reportable—even in large quantities.

👉 Yes, these are typically reportable when sold. And your hands will be awfully sore after lugging these 71 pounds bricks into our store.

👉 Quite possibly, largely dependent on whether you experienced a net gain or loss. Consult your CPA or Tax Attorney.

👉 Yes—these rules apply to all bullion dealers and are standard.

📌 Final Takeaway

  • 99.89 percent of all transactions are not reported.
  • Some Large Cash purchases or Very large Sales to us are required to be reported by law.
  • You are responsible for your own taxes.