I own some gold as part of a well diversified portfolio, some in ETF’s in our IRA so I can buy and sell it as I please without immediate tax consequences. I also own physical gold coins and bars which I keep in a fire safe. Physical gold is good to own because you can sell it off in increments under $10K and it never gets reported, so there won’t be any taxes owed on capital gains. I purchased the physical gold many years ago and it’s increased significantly in value. That being said, I have only purchased physical gold, which is very easy and inexpensive through JM Bullion online. My question is, what have people’s experience been selling physical gold. Where have you sold the gold and what type of bid/ask spread (transaction cost) did you encounter?
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