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1  Economy / Collectibles / Re: [Question] Are you supposed to pay taxes if you peel/redeem a physical coin? on: February 19, 2021, 06:52:47 AM
This is super helpful, thank you for the thorough explanation!
2  Economy / Collectibles / [Question] Are you supposed to pay taxes if you peel/redeem a physical coin? on: February 19, 2021, 04:48:18 AM
Asking for US residents.

If one keeps the value as BTC and does not cash out, does it count as "withdrawing" and are you suppose to still pay capital gains on it? If so, what happens if you do cash it out later?
3  Economy / Collectibles / Re: casascius bitcoin on: February 18, 2021, 02:41:08 AM
I have a loaded 2011 brass 1 BTC that I am considering selling. It's not graded and I got it back in 2011 and let it sit in a jar of coins for years, so it doesn't look beautiful - obviously not looking to get tip top premium for it. Happy to use a reputable escrow service here. Also a newbie so wanting to be super careful about the transaction.
4  Other / Beginners & Help / Re: Taxes when selling physical coins? on: February 18, 2021, 02:14:49 AM
Ah, of course. I feel so American for not specifying the country. But this is super helpful and gives me enough info to go off of.

Appreciate it!
5  Economy / Collectibles / Re: [WTB] Casascius coins, especially graded ones on: February 17, 2021, 09:52:15 PM
Thanks for the quick response. Good to know -- do you mind sharing his info and/or more about the process?

Also, is it worth grading coins that aren't in mint-looking condition? Or are those the types of coins that can especially benefit from grading?
6  Other / Beginners & Help / Taxes when selling physical coins? on: February 17, 2021, 09:24:55 PM
Hi there,

I am new here so pardon my ignorance. I did some searching but didn't manage to find an answer. What are the tax implications of selling a physical coin on here? Is it different whether you receive cash vs BTC?

Thank you in advance.
7  Economy / Collectibles / Re: [WTB] Casascius coins, especially graded ones on: February 17, 2021, 09:13:18 PM
May I ask how one gets their coins graded? (Sorry, new here) I found this in the search but wanted to see if there were other options https://www.anacs.com/

It also looks like Anacs has max value up to $10k which a loaded 1BTC Casascius would exceed.

Are there local places to the Bay Area? The shipping part stresses me out a bit
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