Monster Boxes

Monster Boxes

1099-B IRS Reporting Requirements

The privacy of our customers is one of our utmost concerns. When you buy from us, there are no reporting requirements of any kind – no matter the quantity, the metal type, or the product.

However, when it comes time to sell your products, the government does require bullion dealers to file certain reports where applicable. The IRS report is the 1099-B form, and it applies ONLY to the following transactions:

REPORTABLE ITEMS	MINIMUM FINENESS	MINIMUM REPORTABLE AMOUNT
GOLD BARS	.995	Any size bars totaling 1 kilo (32.15 troy oz) or more
SILVER BARS	.999	Any size bars totaling 1000 troy oz or more
PLATINUM BARS	.9995	Any size bars totaling 25 troy oz or more
PALLADIUM BARS	.9995	Any size bars totaling 100 troy oz or more
GOLD 1 OZ MAPLE LEAF	AS MINTED	25 - 1oz coins
GOLD 1 OZ KRUGERRAND	AS MINTED	25 - 1oz coins
GOLD 1 OZ MEXICAN ONZA	AS MINTED	25 - 1oz coins
U.S. 90% SILVER COINS	AS MINTED	Any combination of dimes, quarters, or half dollars totaling $1,000 face value or more

You might wonder why sales of these specific objects are reportable. These reporting requirements are related to the regulations that require brokers to report all proceeds from stack and commodity transactions. These specific objects are currently traded (or used to be traded) on commodity exchanges.

Form 1099-B reporting requirements do not apply to any other coins. They do not apply at all to American Gold Eagles, American Buffalo, Austrian, Australian (Perth Mint Coins), Chinese or any fractional bullion gold coins. And they apply only if you sell at least the minimum quantity that is equal to the quantity of a commodity contract for the object.

We have found one of the cheapest sources for silver monster boxes.

https://sdbullion.com/silver/us-mint-coins/2016-american-silver-eagle-monster-box-500-1-oz-coins

2016 American Silver Eagle Monster Box | 500 1 oz Coins

1-2

$2.05

$8,310.00

Buy 2016 American Silver Eagle | .999 Fine Silver Monster Box

The official US silver coin and legal tender, Silver Eagles remain the most popular silver investment coin in the world.

In 1986 the United States Mint began striking the modern American Silver Eagle coin. The coin's obverse design is patterned after Adolph A. Weinman's (1870-1952) design of the Walking Liberty Half Dollar, used between 1916-1947. The reverse depicts the classic bald eagle, America's classic symbol for liberty and freedom.

The American Silver Eagle contains one troy ounce of .999 pure silver. ASEs are legal tender and have a face value of $1 USD.

Silver Eagles are IRA eligible, making them perfectly suited for your retirement account.

Domestic US orders ship in the original sealed green "monster box" direct from the US Mint.*


Mint: US Mint
Air-tite size: 40 mm
Mint Packaging:
Tube: 20
Box: 500

*Domestic US orders only. Alaska, Hawaii, Puerto Rico and other destinations ship in packaging of our choice for promotional shipping specials.

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