Relay-Version: version B 2.10 5/3/83; site utzoo.UUCP Posting-Version: version B 2.10.2 9/18/84; site agrigene.UUCP Path: utzoo!watmath!clyde!burl!ulysses!allegra!mit-eddie!think!harvard!uwvax!astroatc!nicmad!agrigene!johansen From: johansen@agrigene.UUCP Newsgroups: net.taxes,net.legal,net.auto Subject: Re: Paying Sales tax twice Message-ID: <302@agrigene.UUCP> Date: Tue, 11-Mar-86 13:31:19 EST Article-I.D.: agrigene.302 Posted: Tue Mar 11 13:31:19 1986 Date-Received: Fri, 14-Mar-86 05:49:19 EST References: <493@faron.UUCP> <961@nmtvax.UUCP> Organization: Agrigenetics Madison,Wi. Lines: 13 Xref: watmath net.taxes:1086 net.legal:3102 net.auto:9765 > Are gold coins considered legal tender? I suppose you could protest by dumping > gold coins on the taxman and flatter his ego at the same time, as he would > scramble to get them sold before the price dropped, or hold out say ten years > so the price would go sky high. > > Andrew Jonathan Fine *** REPLACE THIS LINE WITH YOUR MESSAGE *** The problem with this idea is that gold coins usually have a face value much less than their gold value. Canada issues gold coins with 1/2 ounce of gold with a face value of $100 Canadian (ie US $70). I think the taxman would be pleased to get as many of these as possible for $70 each.