cbirds5
New Member

Investors & landlords

In reading the very thought out answer to my question I find I asked the wrong question, my mother for 16 years at Christmas gave me 1 gold coin, now I want to sell them and need to establish a cost basis for them, mom has no idea but there is a monthly gold chart that list by day, for way way back the cost gold was on any given day, can I use that as the cost basis so when I sell them I will know if taxes are due on the sale ?