Best way to sell ??

[Redheron]

I have 1050 Troy ounces of silver all coins and graded coins and commerative rounds, some 5 oz rounds.  I bought it all as a lot from a buddie, I’ve never bought so much at a time lol. I bought it all at spot and +1 over spot for the eagles. What is the best way to part it out! eBay is fee bay I see, just advice. Looking to hold as an investment now but if I need to sell what is the best way

[5huggy]

This Forum - and based on your location - on the USA& Canada board!

[DarkChameleon]

Yes, we in the USA slot of forum like to buy without fees and less then the lcs ask...makes sense for both parties.

[blindguy]

Hi, Sell the silver in small groups so the buyer does not have to send a 1099B into the federal govt. Right now any purchase of 1000 ounces of silver the buyer must send a 1099B into the IRS. Also keep your receipt for what you paid for the silver so you do not pay so much in capital gains on your tax returns. I know of 2 persons who got into big trouble because they did not claim their sales of gold and silver on their tax returns. I use a CPA to make sure its done the right way.