Tangible & Private Wealth Protection

private wealth managementProtecting your wealth is a primary objective of any investment strategy. When it comes to ownership of physical gold, silver, and rare coins there aren’t any other investments that we have encountered that offer the following advantages:

  1. Instant liquidity and price transparency
  2. Solid hedge against global currencies
  3. The ability to acquire it without any reporting by the broker on your behalf—in other words, total privacy during the acquisition process
  4. A valuable asset you can physically hold and access at any time you need it

Fact: A carefully chosen portfolio of precious metals including gold bullion, silver coins, and rare coins can offer all the above advantages. Even better, if you own the right mixture of these products, as current laws stand, whenever you liquidate there isn’t any required reporting by your broker, either. The reporting is up to you and your accountant. 

This is where Austin Rare Coins & Bullion differs from other precious metals dealers: We focus on private wealth protection—the ability to take a portion of your wealth “off the grid”. This concept has become extremely popular in recent years, and we have assisted thousands of clients in accomplishing this objective. 

Many of our first time clients are totally shocked once they fully understand the privacy benefits that owning physical precious metals offer. Not only have gold and silver bullion been amongst the top performing asset classes of the past decade, but they are real money.  While every paper currency in history has eventually failed, precious metals have proven their true worth, time and time again.

Fact: Whenever you acquire gold, silver, or rare coins, there is NO reporting by us on your behalf, no matter the amount. The key is to wire funds or send a check from an established account, as these funds are already within the banking system. Remarkably, there are no reporting requirements when you buy as long as you’re not using cash, money orders, or cashier’s checks. The initial investment can be made privately using cash, as long as the purchase is under $10,000. Anything over $10,000 in cash will be reported to the IRS.

The key to success is dealing with a trustworthy, reputable, and well established firm that focuses on assisting you to guard your wealth on a private level. That’s where we can help. We have an intimate understanding of current reporting requirements to ensure you the highest possible levels of privacy when you buy and sell. 

Fact: When you sell your metals back is when mandatory reporting may be triggered. However, if you own gold, silver, or rare coins that do not fall under the current reporting requirements, Austin Rare Coins & Bullion is NOT required to file anything on your behalf.  We simply send you a check or wire transfer. 

Of course, any gains or losses you incur are your responsibility to report. We are under no requirement to report the sale for you, unless the items you’re liquidating fall under the current reporting requirements.

Our team of specialists can guide you through the education and purchase process to ensure you have the highest levels of privacy when it comes to ownership of physical precious metals. The key to getting started is to call us at 1-800-668-8771 or request an information package here.

After a short conversation, we can formulate a game plan to meet your current goals and objectives. We have tens of thousands of satisfied clients who have taken possession of gold, silver, and rare coins privately. We would be happy to help you and your family get started today.

Bullion Reporting Rules

Industry Council for Tangible Assets

Broker Reporting (1099-B)

Items to be Reported

The basics of ICTA’s negotiations with the IRS on Broker Reporting was to achieve a fair, reasonable, and consistent minimum threshold for reporting. The resulting Revenue Procedure (Rev. Proc. 92-103) defines “Excepted Sales.” While it may not spell out every specific instance that requires reporting, it is ICTA’s understanding and was the spirit of these negotiations that the following are those items to be reported under the new regulation:

Reportable Item

Minimum Fineness*

Minimum Reportable Amount

Gold Bars


Any size bars totaling 1 Kilo (32.15 troy oz.) or more

Silver Bars


Any size bars totaling 1000 troy oz. or more

Platinum Bars


Any size bars totaling 25 troy oz. or more

Palladium Bars


Any size bars totaling 100 troy oz. or more

Gold 1 oz. Maple Leaf

as minted

25 1-oz. coins

Gold 1 oz. Krugerrand

as minted

25 1-oz. coins

Gold 1 oz. Mexican Onza

as minted

25 1-oz. coins

U.S. 90% Silver Coins

as minted

Any combination of dimes, quarters, or half dollars totaling $1,000 face value or more

*For bars, any hallmark regardless of whether that hallmark is accepted as “good delivery” on any of the commodity exchanges.

CAUTION: While a stricter interpretation of the regulations is possible, ICTA believes the above guidelines to be those, which fulfill the spirit of the negotiations and the intent of the Internal Revenue Service, which is to identify “investment level”, or other substantial transactions that could generate taxable profit. Though the information provided herein is based on ICTA’s discussions with the Internal Revenue Service, others may differ with ICTA’s interpretations of these regulations. ICTA strongly cautions that alternative interpretations may not fulfill the requirements.

This information is provided to assist you and is not intended to be used by you as the sole guidance for complying with these regulations. You should consult with your tax professional.