I'm not sure what your circumstance is, and I'm not a tax person, but this is what the IRS says about sales of gold and silver coins. If you are a dealer, it would be handled differently.
"Gold, silver, gems, stamps, coins, etc., are capital assets except when they are held for sale by a dealer. Any gain or loss from their sale or exchange generally is a capital gain or loss. If you are a dealer, the amount received from the sale is ordinary business income. "
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