Exception for certain coins and bullion

For purposes of this subsection, the term “collectible” shall not include—

(A) any coin which is— (i) a gold coin described in paragraph (7), (8), (9), or (10) of section 5112(a) of title 31 , United States Code, (ii) a silver coin described in section 5112(e) of title 31 , United States Code, (iii) a platinum coin described in section 5112(k) of title 31 , United States Code, or (iv) a coin issued under the laws of any State, or

(B) any gold, silver, platinum, or palladium bullion of a fineness equal to or exceeding the minimum fineness that a contract market (as described in section 5 of the Commodity Exchange Act, 7 U.S.C. 7 ) requires for metals which may be delivered in satisfaction of a regulated futures contract,

if such bullion is in the physical possession of a trustee described under subsection (a) of this section. 1 1 So in original. Concluding provisions probably should be part of subpar. (B).

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Exception for certain coins and bullion

Official source

For purposes of this subsection, the term “collectible” shall not include—

(A) any coin which is— (i) a gold coin described in paragraph (7), (8), (9), or (10) of section 5112(a) of title 31 , United States Code, (ii) a silver coin described in section 5112(e) of title 31 , United States Code, (iii) a platinum coin described in section 5112(k) of title 31 , United States Code, or (iv) a coin issued under the laws of any State, or

(B) any gold, silver, platinum, or palladium bullion of a fineness equal to or exceeding the minimum fineness that a contract market (as described in section 5 of the Commodity Exchange Act, 7 U.S.C. 7 ) requires for metals which may be delivered in satisfaction of a regulated futures contract,

if such bullion is in the physical possession of a trustee described under subsection (a) of this section. 1 1 So in original. Concluding provisions probably should be part of subpar. (B).