If You Buy Silver or Gold, your retailer may have to report transaction to IRS...Read here.

Recently, I purchased some silver in the form of American Silver Eagles. That was my first larger purchase. Since then, I have been researching the Precious Metals market including visiting the sites of several retailers.

I also came across this very good site which compares the prices of all major retailers that are online.
[link to comparesilverprices.com]


[link to libertycpm.com]
Is a link to Liberty Coin and Precious Metals IRS reporting page.

They are the only dealer I have found that goes into detail on what needs to be reported to the government regarding the buying and selling of PM's.

From the link..

1099 B Form

To most gold, silver, platinum and palladium investors, privacy is a very important aspect of their buying and selling experience. Having been in business for several years, Liberty Coin & Precious Metals acknowledges this. We too covet these values and respect our customers privacy. Liberty Coin & Precious Metals does, however, act within the boundaries of the United States law, international law and all laws governing transactions in any state in which Liberty Coin & Precious Metals conducts business. Liberty Coin & Precious Metals keeps all transactions private to the extent that the law allows. We are required by law, however, to report any suspicious transactions as well as the sale of certain products.

Read more at the link.
[link to libertycpm.com]