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?
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.
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?
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