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Silverhawk

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  1. According to APMEX FAQ section, Silver Eagles and Silver Rounds are not taxable when you sell. The IRS has specific rules related to reportable transactions that require a Form 1099-B to be filed and those rules are included in the Form 1099-B instructions on the IRS website. The following are guidelines provided by ICTA related to Precious Metal sales, and these guidelines, as well as the IRS rules, are subject to change at any time without notice. Reportable Item Minimum Fineness Minimum Reportable Amount Gold Bars 0.995 Any size bars totaling 1 Kilo (32.15 troy oz) or more Silver Bars 0.999 Any size bars totaling 1000 troy oz or more Platinum Bars 0.995 Any size bars totaling 25 troy oz or more Palladium Bars 0.9995 Any size bars totaling 100 troy oz or more Gold 1 oz Krugerrand as minted Twenty-five (25) 1 oz coins Gold 1 oz Maple Leaf as minted Twenty-five (25) 1 oz coins Gold 1 oz Mexican Onza as minted Twenty-five (25) 1 oz coins U.S. 90% Silver Coins as minted Any combination of dimes, quarters, or half-dollars totaling $1,000 face value or more
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