A collectibles gain or (loss) is any long-term gain or deductible long-term loss from the sale or exchange of a collectible that is a capital asset.
Collectibles include a work of art, rug, antique, metal (such as gold, silver, and platinum bullion), gem, stamp, coin, or alcoholic beverage held more than 1 year.
Collectibles gain includes gain (not loss) from the sale of an interest in a partnership, S corporation, or trust attributable to unrealized appreciation of collectibles.