Sunday, December 27, 2009

Wash Sales Rules for Gold Coins?

Hi All,





Can somebody help me understand wash sales rules for Gold Coins. If I sell a 1 oz American Buffalo coin and immediately purchase a 1 oz Canadian Maple Leaf coin, do wash sales rules apply? It is still 1 oz of 24 ct gold, but is a different physical coin.Wash Sales Rules for Gold Coins?
indispensable commodityWash Sales Rules for Gold Coins?
Nice try but you are selling 1 oz of gold and buying 1 oz of gold. There is no substantial difference between them.

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