Thanks for the additional insights and the link to Investments In Collectibles.
Fortunately my investments are NOT "collectible" because the gold is stored somewhere at the bank or a non-bank trustee.
From the link you kindly provided:
The following coins and metals are not included in the definition of “collectible” under IRC Section 408(m):
- Certain gold, silver, or platinum coins described in 31 USC Section 5112. See IRC Section 408(m)(3)(A) for the full definition.
- Any coin issued under the laws of any state.
- Any gold, silver, platinum, or palladium bullion of a certain fineness if a bank or approved non-bank trustee keeps physical possession of it. See IRC Section 408(m)(3).
