
A Tax Break on Gold and Silver in Texas
“We come down looking for coins, looking for bouillon, pure gold or silver,” said M. Mitchell. Gold is selling for about $1250 per ounce. That is near the historical high. Silver is selling for a lot less, around $20 per ounce. … gold jewelry for gold coins. The scrap items must be weighed and measured to determine their value. For people like Betty, coins also have sentimental value. “I do enjoy silver coins and the heritage there is in those old coins,” she said. …
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