First time seller
At some point when I was a toddler, I was gifted a 1984 Kruggerand by a relative. My mom recently passed away and left me a box of various coins and whatnot with this being the only thing of real value at 1oz of gold. I was in the process of going to a gold exchange nearby and they informed me that they take 6% of the value and issue me a check. What are the tax ramifications for me on this? I could use the $4k+ for a lot of things but don't want to get into any trouble in the future.