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 Replies: 29 / Views: 2,283 |
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Pillar of the Community
Belgium
2078 Posts |
Apart from the legal postal angle there is a value added tax angle For Europe gifts person to person are tax exempt up to a certain limit calculated by the post every month using last month average exchange rates ( Basis was around 35 euro if my recollection is right ) Precious metals are only tax exempt if fullfilling strict rules For goldcoins that is 0.900 pure ; minted after 1800 ; legal tender or legal tender in the past ; not paid more then 80% over metal value For bars there are other rules In practice German and Belgian customs have lists of tax exempt coins lists which have often large omissions Lucky for us of the nearby countries only Switzerland is still outside the EEC and any mail I received from there was allways opened and inspected . The vendor calling a DE numismatic cost me 6% tax  I got my wife some emu oil pain relieve ointment in the US called super blue stuff All shipments were opened and taxed 21 % untill I got a friend to sent it for christmaspresent ; it was opened but not taxed  Terry's wooden knightcoin is the only package arriving unopened I can think off |
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Valued Member
Australia
99 Posts |
While I send and receive coins around the world, here in Australia is prohibited to send or receive money, or precious metals, however, I have never had a problem....yet.
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Pillar of the Community
United States
986 Posts |
Technically, we're allowed to send cash through the mail in the U.S. I don't really see a problem with coins, especially if they're for collecting purposes. Now as to sending cash, it's legal, but an incredibly stupid thing to do.
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Pillar Of The Community
3147 Posts |
Never use the words COINS, CURRENCY or CASH on a customs declaration. Also I NEVER insure a package as that is like putting a target on the side of it! I use hobby items, numismatic items or tokens on my labels. Basically the law is to prevent you/me/we from shipping huge sums of money in and out of the country that the IRS might have a slight interest in? It is also aimed at criminals and criminal activities. I have sent and received cash, coins and notes all over the world since 2002, and haven't lost a package yet so I must count my blessing and my luck!
I also ONLY declare the face value of the coins on the customs declaration, NOT the collector value and everything is ALWAYS checked as a gift! You must also keep in mind you can't declare face value of, lets say $6.45 and then ask for $150.00 worth of insurance! Thats part of the reason I never insure!
Edited by crystalk64
08/02/2006 09:35 am
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Pillar of the Community
United States
1541 Posts |
I usually say collector items, haven't had any problems so far.
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Pillar of the Community
Belgium
2078 Posts |
Am I going to get busted Last month I received two convincing emails one from the FBI and another from the CIA both requesting I open the attachement and answer their questions why my ID was seen on restricted internet sites Norton Doctor gave no virus alarm but as you can imagine a Belgian citizen just laughs and deletes the junk ; after all when I was defrauded they did not help me either  I know the insurance rates of most european mails and they hover all around 1% of the value indicating real trouble rate is like less then 1% With such a low insurance rate I allways ask insured mail ; problem is it only works inside the EC and above 500 E several countries wants you to redwax seal the package like in the Napoleonistic times
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Pillar of the Community
United States
1327 Posts |
I have only had one problem sending coins. It was on either my 1st or 2nd contest. I had to send a coin to turkey and I stated it was a numismatic item. She asked me what that meant. then she got out hte big book of rules and read that coins, money or metal were allowed to be shiped from the US to Turkey. so that was the only problem I have ever had. But I did get my coin to turkey though. Took it to a different POst office and labeled it a birthday gift and it went no probelm. SO that has been my only problem. I as well have sent coin to 2 or 3 in Australia and to Kuwait with no problems.
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Pillar of the Community
United States
4589 Posts |
see I am not the only one who has had that trouble.. I had the same trouble when I sent a package to KLD in Australia. And Bobby squared it away then to. but seriously most of the employes seem to believe the contraire..
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Pillar of the Community
United States
773 Posts |
I usually don't have a problem sending coins to Canada,but I can't send anything priority,and I can't insure it.I can pay $17.00,and have it registered,that's it.And most of the time the register is higher than the coins itself.So I pretty much have to pray they get there.sn31.
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Forum Dad
 United States
24171 Posts |
quote:
Also I NEVER insure a package as that is like putting a target on the side of it!
That's why we use U-pic insurance. They tell you not to mark it insured and it's about 40% of the price. quote:
i had to send a coin to turkey and I stated it was a numismatic item. She asked me what that meant. then she got out hte big book of rules and read that coins, money or metal were not allowed to be shiped from the US to Turkey.
Go back and tell the stupid clerk fine Postal Employee they got out the wrong book. You can ship coins; banknotes; currency notes (paper money); traveler's checks; securities payable to bearer; platinum, gold or silver, manufactured or not; precious stones; jewelry; and other valuable articles via insured Parcel Post to Turkey all day long. See my post above for important Postal Employee tip, and link to check it out for yourself.  |
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Member
United States
3242 Posts |
Thank for the info I am glad I have not had to ship out USA ! But I know one day will have to,thanks again for all the comments about this!!
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Valued Member
United States
75 Posts |
That's a good one! Wait until you
ship you first package to Russia!
You'll get the evil eye.
I work for an international airline.
I have to deal with U.S.C.S. and the
Postal security every day. It's their
job to make you wiggle a bit. But if
your honest and vaguely discribed the
contents you'll avoid the FBI's Most
Wanted list. Happy Trading!
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Valued Member
 United States
439 Posts |
quote:
Originally posted by bobby131313
quote:
I told her it was coins and she seemed a bit flustered and said "I don't know if you're supposed to do that. I didn't hear that".
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quote:
Restrictions
Coins; banknotes; currency notes; securities payable to bearer; traveler's checks; gold, silver, platinum, manufactured or not; jewelry; and other valuable articles may be sent only in registered letter-post items.
Exceptions:
Coins sent to or from collectors or dealers may be mailed in ordinary (uninsured) parcel post packages.
http://pe.usps.com/text/imm/immicl/...l#vnameref_1
If you ever have any doubt, go here....
http://pe.usps.com/text/imm/immctry.html
DO NOT, I repeat DO NOT, ever trust a postal employees word. Most simply do not know.
Aha, so I was all legal and stuff then huh? Many thanks for the info. |
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Valued Member
United States
439 Posts |
quote:
Originally posted by suvoth
LOL That would suck! Don't get jailed on my account! LOL
We're good. This is a small town and she's seen me in there a hundred times over the years so we're familiar enough to say hello at the grocery store. I figured if it was something serious she'd have told me. It was just odd the way she said that. |
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Valued Member
Canada
83 Posts |
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Replies: 29 / Views: 2,283 |
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First Page
Posted 08/02/2006 08:43 am
