Tax Time Tips and eBay Strategies for Coin Collectors

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Saturday, March 14, 2026

In this edition of Hard Money Matters, host Kyle Warren and renowned numismatist John Mabin dive into timely topics as tax season approaches. They stress the importance of reporting capital gains on sales of precious metals and coins to the IRS—treating them like any other profitable asset sale—while warning against underreporting risks during audits. John emphasizes consulting tax professionals rather than relying on dealers for advice and shares his positive yet cautious view of eBay as a powerful global platform for buying and selling, highlighting tools like automatic sales tax collection, buyer protections for certified items, feedback importance, return policy pitfalls (especially "free trials" in coins/metals), auction vs. Buy It Now decisions, and tips for spotting legitimate sellers through high ratings, off-platform research, and avoiding red flags like anonymous operations. The conversation underscores eBay's convenience for U.S.-focused transactions while noting international complexities, evolving market efficiency reducing auction "bonuses," and the value of high-resolution images and certifications for confident online deals.19 web pages