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Tag Archives: gold

Lawmakers: All that glitters shouldn’t be taxed

gold-coin

Arizona law says if someone invests in something, whether art, collectible cars or commercial real estate, and then sells it for more than the cost, that difference is subject to state income taxes. What HB2014 seeks to do is carve out an exception when people invest in gold and silver coins produced by the U.S. Mint.

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Superstition Gold Feud

times-past-gold-feud

Celeste Marie Jones arrived in the Superstitions in the 1950s to search for gold. She had some financing – some say from a church in Los Angeles – and she got more financing in the form of food and supplies from Bob Corbin and his partner, Joe Robles, who themselves had prospected for gold in the Superstitions. The two men packed in food every Friday night one whole winter in exchange for a 10 percent share of anything Jones found.

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