do you need to pay tax wen buying and selling gold coins?

December 29, 2008 | By In Investing | Comments(4)
nutty asked:


I was told that the companies like Monex do not report when you buy/sell gold coins, but do report when you buy gold bullion. Is this legal and is this true?
To clarify, the point I’m making is that if you purchase coins you do not need to pay capital gains tax if there is a profit whereas on bars you do need to pay capital gains on profits. I was wondering if anyone can verify this.

Terrell

Filed under: Investing

Can I bring 3 gold coins into India without attracting import duty?

December 27, 2008 | By In Other - India | Comments Off
eternal_enthusiast asked:


I recently purchased 3 gold coins for my in-laws..the jeweller that sold them said that I could take them to India without attracting any import duty, but somehow I don’t trust a sellers words :).. I am in USA and am planning a trip to India in the next couple of weeks.

Thanks for your help.

Herbert

Filed under: Other - India

Why buy gold coins rather than gold jewelry?

December 23, 2008 | By In Other - Business & Finance | Comments(2)
piNkiShlOOps asked:


Why should I purchase gold coins rather than buy gold jewelry? Is one generally worth more than the other? Is one valued more than the other? List pros and cons please! Thanks!

Gerald

Filed under: Other - Business & Finance

I’m interested in gold coins. What is the best way to invest in gold?

December 19, 2008 | By In Investing | Comments(6)
xoxo asked:


Buy gold coins and hang on to them or buy stocks in gold investments or holdings?

Earl

Filed under: Investing

Where can i trust to buy good quality gold coins?

December 18, 2008 | By In Other - Business & Finance | Comments(3)
jowman17@sbcglobal.net asked:


Im interested in buy gold coins. Is there anywhere that i can buy gold coins. Im just starting the coin collection. I was just wondering if they is a trustable place where i can buy good gold coins

Janice

Filed under: Other - Business & Finance

Can you find the sac with counterfeit gold coins?

December 1, 2008 | By In Mathematics | Comments(6)
pilpel_jarif_69 asked:


In a room with 10 sacs of gold coins, there is 1 with countterfeit ones, the only diference is that, the real ones weight 10 grams, the counterfeit weight 1 gram more or less, 9 or 11 grams. You have a electronic scale that you can use only once, This is not a trick question, there is a solution, Can you tell me?

Cindy

Filed under: Mathematics