Wash Sales Rules for Gold Coins?
Question by kmk: Wash Sales Rules for Gold Coins?
Hi All,
Can somebody help me know wash sales rules for Gold Coins. If I sell a 1 oz American Buffalo coin and immediately buy 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.
Best answer:
Answer by kevinmac9999
obligatory commodity
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Nice try but you are promotion 1 oz of gold and buying 1 oz of gold. There is no substantial difference between them.