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Very good question, I don't know the answer. If the coins were bought with a credit card there will probably at least be a record of the transaction to the extent that this person paid this amount to this store.
I would think paying cash at a local store would be less documented than a credit card and less documented than buying online where you have to give an address, but it sounds like your friend probably doesn't know how and where the coins were bought.
You can call or go to a coin store and just ask them if they have to send a form to the government. From what I can tell, coin people seem to tilt towards wanting less government in their lives, so I think they will give you a straight answer. You can call several dealers and see if their lies match!
You can also sign up to post messages on a coin forum and post your question. Back when I was more interested in coins than I am now, Collector's Universe seemed to be the biggest forum online, judging from the number of topics and replies.
I would think paying cash at a local store would be less documented than a credit card and less documented than buying online where you have to give an address, but it sounds like your friend probably doesn't know how and where the coins were bought.
You can call or go to a coin store and just ask them if they have to send a form to the government. From what I can tell, coin people seem to tilt towards wanting less government in their lives, so I think they will give you a straight answer. You can call several dealers and see if their lies match!
You can also sign up to post messages on a coin forum and post your question. Back when I was more interested in coins than I am now, Collector's Universe seemed to be the biggest forum online, judging from the number of topics and replies.
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