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 Replies: 41 / Views: 3,719 |
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Pillar of the Community
 Canada
1189 Posts |
4 same post?
The value for all of those coin is less than 7K. :)
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Pillar of the Community
Canada
572 Posts |
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Anything worth more than $100, hand carry that. Luggage goes missing all the time and the airlines will not pay you for your belongings. Nobody needs to know about your coins. Even when clearing security they won't care. The x-ray machine will show them as metal, no need to take them out. They only care about electronics such as laptops and cameras. The only person who may care is the customs agent in Taiwan. Carry proof of the value of the coins. It's their word vs yours and you are guilty until proven innocent. So, technically, you can bring 10 kg of bullion in one carry-on? I have always wondered how the dealers travel to the shows. |
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Valued Member
Canada
315 Posts |
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So, technically, you can bring 10 kg of bullion in one carry-on? Why would airline care if it's not a dangerous or prohibited item? |
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Pillar of the Community
Canada
590 Posts |
You can bring as much as you want as long as you follow the proper procedure for what ever country you travel to. Some countries have strict limits on transporting gold. Essentially as long as you have paper work and declare any amount over $10,000 you will be OK. There is no law that say you can't travel with $15,000 in cash. Just need to declare it. Cash is not taxable if it's not income. For example even if you do declare any amount over $10,000 you may be required to provide documentation as to where the money came from. Just be smart when traveling and don't lie. When in doubt provide proof.
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Pillar of the Community
Canada
3690 Posts |
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So, technically, you can bring 10 kg of bullion in one carry-on?
Why would airline care if it's not a dangerous or prohibited item? Because airlines have weight restrictions. Air Canada, for example, is 10kgs for carry-on baggage. So technically, you could only carry 10 kgs of bullion minus the weight of the bag.  Edited by CC-Ottawa
02/06/2013 5:36 pm
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Pillar of the Community
Canada
572 Posts |
I meant to ask if one could bring that amount of bullion legally AND without causing any attention? I don't think anyone would like to be asked to open their bag after the X-ray for further inspection. You might be able to require it to be done more quietly, such as going to a secure room. But wouldn't it cause more suspicion, especially from the passengers waiting in line behind you?
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Pillar of the Community
Canada
590 Posts |
Yes you can. I know a jewelers that travels with much more than $10,000 in jewelry. It's not a problem. Security does not care. You may get xrayed coming into a country and that may set off alarms. And they will pull you aside, trust me. But you have very little control over the customs process. As for the airline, if you are not breaking any laws they don't care and you don't have to tell them anything about your belongings that does not pertain to safe travel. As far as the airline is concerned you could be traveling with a million dollars, they don't care. Customs will.
Airline do care about your visa requirements and will not let you board with out a visa. They are legally obligated to return you home if are refused entry..
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Pillar of the Community
Canada
572 Posts |
Thanks, Dooby Rak. I would think the security's trained eyes have seen way more strange shaped and mass objects. A few bars and tubes shouldn't interest them at all.
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Pillar of the Community
Canada
590 Posts |
There is a common item that looks like explosive, I don't remember right now. A certain type of chocolate I think. Security people are trained to read xrays and some coins or gold bars won't phase them.
I was once traveling out of Israel carrying 8 1kg pack of Dead Sea salt. On xray salt glows bright green. The customs guy freaked out.
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Pillar of the Community
Canada
1189 Posts |
A little off-topic.
On my last travel, I brought a "Listerine Pocketmist" with me. When I was at the security checkpoint in HK airport.
The lady asked me what it is. I said it is Mouth Spray for fresh breath. She asked me to test it right away. LOL...
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Valued Member
Canada
269 Posts |
Honestly, I wouldn't even take the risk.... too much of a chance 1) they will get lost/stolen, 2) issues with customs (even though it might be perfectly fine it may still require a process) 3) chancing that you would be faced with duty in either country 4) unknowns.
It just seems like a situation where something is bound to happen with them.
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Pillar of the Community
Canada
1505 Posts |
Sorry about the multi-posts, it seems to happen whenever I use my phone.
Especially with $7k, I would suggest bringing some form of documentation around price. Otherwise you are relying on the border agent to trust you as to the true value of the coins.
Are you returning to Canada with the coins? If so, you may wish to stop off at the Canada Customs office to get a declaration what you are leaving with (might avoid issues on return).
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Valued Member
Canada
269 Posts |
Documentation will help protect you against some of the risks associated with traveling with coins.... but it is not full proof. Again, I have to ask "why take the risk?"
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Pillar of the Community
Canada
1189 Posts |
As said in other post. I sold 10 2nd dinos to a international coin club. So I will bring some 1st, 2nd dino, and other NCLT coins to exchange with them on my trip. Some of the coins are gift for friends.
Also print out the invitation letter from the coin club.
I will print out all the coin info (Price) from Mint page. (just in case they need them.)
Also will put all the coins in a small travel backpack and keep it with all the time, put under my seat.
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Pillar of the Community
Canada
590 Posts |
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Honestly, I wouldn't even take the risk.... too much of a chance 1) they will get lost/stolen, 2) issues with customs (even though it might be perfectly fine it may still require a process) 3) chancing that you would be faced with duty in either country 4) unknowns.
It just seems like a situation where something is bound to happen with them. Yes far to much risk involved. The plane could crash, you could have a head on collision on the way to the airport, China could attack Taiwan. You never know what could happen. Oh wait, yes you do, everything is documented on the internet. BiBo, I think you are on the right track and have a good understanding of what to do. Any risk involved will be very minor. You will not have your coins seized. You most likely wont have any tax implications. Keep your more valuable coin with you to protect from theft, and your bag will probably be in the overhead storage. Sounds like a fun trip. To be honest most countries I have gone to don't care about what you are bringing in unless its drug related or you have hundreds of thousands of dollars in cash. Have fun on your trip and watch out for fake SML coins from China. |
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Replies: 41 / Views: 3,719 |
First Page
Posted 02/06/2013 4:58 pm
