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In this video I talk about selling silver and selling gold to a coin shop. I interview my bullion dealer Dennis from Center Street Gold and Silver and he talks about selling silver to a coin shop and selling gold to a coin shop. If you want to be selling silver coins or selling gold coins then there are some laws regarding this. Selling silver bars and selling gold bars is the same thing. A 1099 IRS form may be required and we go over that. Selling silver bullion or selling silver eagles is as easy as walking into the coin shop with metals and walking out with cash. Selling golf for cash is just as easy but you might not get a great deal if you are selling gold to a pawn shop. I recommend selling your gold and silver to a coin shop or an online bullion dealer. The rules for selling gold bullion may change in the coming years and we talk about that as well. At the end of the video I talk about capital gains tax when selling bullion. If you have any questions about selling silver or selling gold then feel free to ask in the comment section!
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