
In 1964, this writer could buy two snickers bars for a dime! All dimes, quarters and half dollars prior to 1965 are 90% silver and they circulated on a daily basis throughout the business community. The following is the result of a Google search regarding I.R.S. regulations:
Trading a 1964 Roosevelt dime for two candy bars is considered a taxable barter transaction by the IRS, as the coin has a “fair market value” (approx. $7.00 – $7.50 as of Jan 2026) that exceeds its face value of 10 cents.
Here is the breakdown of the tax implications and how the banksters at the Federal Reserve are cheating you:
1. Capital Gains Tax (You)
Because a 1964 dime is composed of 90% silver, it’s a collectible. (NOTE: at minting it was just a dime)
- The Trade: You are trading an asset with a high market value (approx. $7.60 silver melt value) for a, likely, much lower value good (two candy bars).
- Tax Liability: You may owe capital gains tax on the difference between your “cost basis” (what you originally paid for the dime) and its fair market value at the time of the trade ($7.60).
- Rate: If you held the coin for more than one year, it is taxed at a maximum rate of 28%.
2. Income/Sales Tax (The Recipient)
The person receiving the dime must report the fair market value of the coin ($7.60) as income, as it was received in exchange for goods.
3. Sales Tax (On the Candy)
- The transaction is likely subject to state sales tax based on the value of the goods received.
- In some states, candy is taxable, while in others (like California or Arizona), it may be exempt from sales tax.
In summary: While no one is likely to report a $7 trade, technically, you are exchanging a, roughly, $7.60 silver coin for $3–$4 worth of candy, creating a taxable capital gain for you and reportable income for the candy seller.
Now, consider this; the dime has not changed, and the candy bar (theoretically) has not changed. Therefore, what changed? The fraudulent Federal Reserve currency changed. They printed a whole lot more of it, and so it is more dollars chasing the same amount of goods, and therefore, people have bid up the price, and to divert attention from the corrupt Federal Reserve, they call it inflation and blame it on greedy business men and prices going up. In fact, it’s the banksters (Federal Reserve) that is corrupt, and they are the ones driving up prices. They even have the gall to call for a goal of 2% inflation a year! Why? Why can’t prices go down? Listen to Peter Schiff explain things in the link below:
Tucker Interviews Peter Schiff – An Eye Opener On Gold History!
And the control grid they have in mind for you HERE, so you can become their slave!
AVOID STABLE COINS – DON’T BELIEVE THE LIES!
The only GOD the money mandarin banksters “trust” in is money – they are a bunch of goniffs, and that’s putting it nicely! They are guilty of treason and murder – both capital offenses! As former U.S. Congressman Ron Paul says; End the Fed!
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