tag:blogger.com,1999:blog-4402283548766807872.post8380782951917609291..comments2024-03-20T02:26:06.500-04:00Comments on The Blunt Bean Counter: Are your Collectibles, Individual Pieces or an Unbreakable Set?The Blunt Bean Counterhttp://www.blogger.com/profile/11358868550072516313noreply@blogger.comBlogger6125tag:blogger.com,1999:blog-4402283548766807872.post-76283825337828242312022-10-05T08:50:02.855-04:002022-10-05T08:50:02.855-04:00As noted above, this issue is far from clear. My g...As noted above, this issue is far from clear. My gut feel is if you sold each coin to a different individual, the CRA may consider the set broken.The Blunt Bean Counterhttps://www.blogger.com/profile/11358868550072516313noreply@blogger.comtag:blogger.com,1999:blog-4402283548766807872.post-84914362808977586312022-10-02T00:09:08.510-04:002022-10-02T00:09:08.510-04:00If you sold each coin in the set to a different in...If you sold each coin in the set to a different individual, then it sure looks broken to me. I wonder what the CRA thinks. Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4402283548766807872.post-17920320078010028642012-07-10T14:37:33.998-04:002012-07-10T14:37:33.998-04:00Thx Rob:
However, I remember as a kid buying sets...Thx Rob:<br /><br />However, I remember as a kid buying sets of a penny, nickel, dime, quarter and silver dollar for each year the Cdn Mint issued a new set of coins. It would appear to me that those sets could be unbreakable sets.The Blunt Bean Counterhttps://www.blogger.com/profile/11358868550072516313noreply@blogger.comtag:blogger.com,1999:blog-4402283548766807872.post-29903799823784705172012-07-10T14:34:57.587-04:002012-07-10T14:34:57.587-04:00Michael--very philosophical of you. You are more t...Michael--very philosophical of you. You are more than just another pretty financial blogger :)The Blunt Bean Counterhttps://www.blogger.com/profile/11358868550072516313noreply@blogger.comtag:blogger.com,1999:blog-4402283548766807872.post-63033999771018697922012-07-10T06:53:08.638-04:002012-07-10T06:53:08.638-04:00To Michael's first question, I would say the a...To Michael's first question, I would say the answer is YES. You can sell individual coins for less than $1K and avoid paying capital gains. No collector would consider a coin collection a whole anyway, as each piece was probably acquired separately (unless it was inherited or bought at an estate auction). This is exactly the kind of thing that <a href="http://transitions.waddingtons.ca/" rel="nofollow">Waddington's 'Transitions' experts</a> specialize in handling. Just hang on, and I will have one of them weigh in here with their two cents.robhttps://www.blogger.com/profile/14934159418646747117noreply@blogger.comtag:blogger.com,1999:blog-4402283548766807872.post-82094463875753957252012-07-09T21:03:35.014-04:002012-07-09T21:03:35.014-04:00The ruling would seem to tip things in favour of n...The ruling would seem to tip things in favour of non "set-ness". I think I'll avoid this issue by collecting experiences rather than things :-)Michael Jameshttps://www.blogger.com/profile/10362529610470788243noreply@blogger.com