Since it’s hard to get spot when you buy or sell, I imagine a private sale between individuals for spot would be pretty attractive for both parties. To seek to arrange such a purchase/sale on social media would be tantamount to announcing to the world what you’re both doing.
If I were to be selling party to such a deal I would have the necessary paperwork on my person in the event it was a sting. If my buyer turned out to be one of those 87,000 new public servants the Eye Are Ess has hired, my position would be that I’m in compliance, just waiting for the deal to be complete.
Since it’s hard to get spot when you buy or sell, I imagine a private sale between individuals for spot would be pretty attractive for both parties. To seek to arrange such a purchase/sale on social media would be tantamount to announcing to the world what you’re both doing.........
or what you’re holding
“a private sale between individuals for spot would be pretty attractive for both parties”
I agree......kinda like guns IMO.
I’ve sold many but have yet to sell one to a dealer.....it’s been private buyers every time.....also, although you can’t avoid the tax deal, cars too for that matter if you have the time snd patience....a car dealership will always screw you on a trade in.