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Feb 23, 2015· Wealth Management Received my inheritance, and in bullion 500 1oz gold coins What would you do? (selfpersonalfinance) , Edit: it appears that if you receive gold as a gift and not as inheritance then your cost basis is the same basis as the original buyers Since your grandpa likely bought it a long time ago when gold was much cheaper you .
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Feb 10, 2010· Selling inherited gold? Pay tax! February 10, 2010 14:22 IST Your mother gave you those ancestral bangles at the time of your marriage as streedhan Now you want to sell it Then be ready to shell out capital gains tax This tax needs to be paid even though you don't know at what price your mother had purchased the ornaments
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