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Canadian - US Coin Box Swap

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First Page  Showing last 15 replies.
Author Previous TopicReplies: 28 / Views: 3,894Next Topic Page 2 of 2
Pillar of the Community
Canada
1161 Posts
 Posted 03/13/2012  12:40 am  Show Profile   Bookmark this reply Add cladhunter13 to your friends list
Only issue I would have is that Canada Shipping is much more expensive. I wish Canada Post had flat rate shipping boxes. Just to get an idea...I took the weight of a box of cents...entered in the dimensions and choose Texas for a test location. The only 2 shipping option available for the package would be:

Xpresspostâ„¢ - USA 3 to 4 business days
$73.46
Prepaid
Options
Delivery Confirmation Incl.
Signature Option Incl.
Rate Summary
Base Price $65.30
Coverage* $Update $0.00
Fuel Surcharge $8.16
Options $0.00
Tax $0.00
Total $73.46

*Coverage Details: Up to $100.00 included. Maximum $1,000.00 @ $2.00 per $100.00.

And:

Expedited Parcelâ„¢ - USA 5 to 6 business days
$42.84
Prepaid
Options
Delivery Confirmation Incl.
Rate Summary
Base Price $39.85
Coverage* $Update $0.00
Fuel Surcharge $2.99
Options $0.00
Tax $0.00
Total $42.84

*Coverage Details: Up to $100.00 included. Maximum $1,000.00 @ $2.00 per $100.00.

Over all...it would not really be worth shipping the coins out. Someone would be better off to take the $67.84 and buy what coins they want or need on the bay or from members here that have them for sale.

Lucky for me my pops lives about 2 hours from me in the states and brings me coins when he comes. :)
Pillar of the Community
United States
1903 Posts
 Posted 03/13/2012  09:48 am  Show Profile   Bookmark this reply Add unholyroller to your friends list
Oh well.....I just thought it would be fun regardless of the expense....for me it isn't about finding a particular coin....it is the fun of the hunt!
Valued Member
Canada
449 Posts
 Posted 03/13/2012  09:55 am  Show Profile   Bookmark this reply Add secoinedchance to your friends list
"I read that there is a $100 coin limit allowed to transfer out of Canada"

As far as I know, $10,000 is the currency limit before you have to declare it.
Valued Member
United States
214 Posts
 Posted 03/13/2012  10:51 am  Show Profile   Bookmark this reply Add jizer1 to your friends list
Well would people still be interested in coast to coast, or smaller denominations from canada?
Moderator
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United States
189199 Posts
 Posted 03/13/2012  11:03 am  Show Profile   Bookmark this reply Add jbuck to your friends list

Quote:
As far as I know, $10,000 is the currency limit before you have to declare it.
Yes, but I think there is a much lower limit for coins because they do not want their coinage exported and melted. Maybe someone can verify this.
Pillar of the Community
United States
745 Posts
 Posted 03/25/2012  9:44 pm  Show Profile   Bookmark this reply Add Penny4Me to your friends list
WHAT?
ONLY $1 = 100 one cent bronze coin of Canada export limit

this came off
CANADA Department of Justice
www.justice.gc.ca
http://laws-lois.justice.gc.ca/eng/.../page-1.html

General Export Permit No. Ex. 7
SHORT TITLE

1. This Permit may be cited as the Export of One Cent Bronze Coins Permit.
GENERAL

2. Any person may, under the authority of this General Export Permit, export from Canada to any country, except Iran, one cent bronze coin of Canada having an aggregate face value not exceeding $1 or one cent bronze coin of Canada in uncirculated coin sets issued by the Royal Canadian Mint.

Ok, sounds like we can trade 100 = $1 one cent bronze coin
for two dozen eggs Any resident of Canada may, under the authority of this Permit, import into Canada for the personal use of the importer and the importer's household eggs not exceeding two dozen for each importation.
Edited by Penny4Me
03/25/2012 9:57 pm
Pillar of the Community
United States
745 Posts
 Posted 03/25/2012  9:47 pm  Show Profile   Bookmark this reply Add Penny4Me to your friends list
Currency Restrictions
There are no import or export restrictions in place on Canadian banknotes, although silver coin export is restricted to $5.
http://www.hoteltravel.com/canada/g...vel_tips.htm
Pillar of the Community
United States
1903 Posts
 Posted 03/25/2012  9:51 pm  Show Profile   Bookmark this reply Add unholyroller to your friends list
Iran? What is the deal with that?
Valued Member
United States
63 Posts
 Posted 03/26/2012  08:51 am  Show Profile   Bookmark this reply Add lotchange to your friends list
I'd be interested in a coast to coast exchange.
Valued Member
United States
120 Posts
 Posted 04/20/2012  3:17 pm  Show Profile   Bookmark this reply Add markn984 to your friends list

Quote:
Yes, but I think there is a much lower limit for coins because they do not want their coinage exported and melted. Maybe someone can verify this.


I can't speak as to Canada, but in the U.S. it is illegal to export more than $100 aggregate of U.S. cents and nickels. The $100 limit applies if the export is for numismatic purposes, and it is shipped via a common carrier.

The limit is $25 if carried on your person.

Oddly enough, there seems to be no restrictions if the export: (i) is unrelated to the base metal value; and (ii) is not for numismatic purposes.

So, for example, if you want to make jewelry out of pennies and nickels, you can go to town.

http://ecfr.gpoaccess.gov/cgi/t/tex....1.2&idno=31
Pillar of the Community
United States
1770 Posts
 Posted 04/20/2012  6:53 pm  Show Profile   Bookmark this reply Add M0nks to your friends list
sounds like a great idea, but.... for some reason also feels like a big hassle
Valued Member
United States
417 Posts
 Posted 04/20/2012  9:29 pm  Show Profile   Bookmark this reply Add ram96 to your friends list
I think it would be a fun idea. All it takes is one coin to cover the shipping costs.
Pillar of the Community
United States
3276 Posts
 Posted 04/21/2012  03:39 am  Show Profile   Bookmark this reply Add murrellington to your friends list
Country to country might be expensive. However coast to coast is not far fetched. I bought 2 boxes of nickels from an east coaster so I could search them. 2 boxes of nickels can fit in a medium flat rate box, that is only about $10 shipping.
Pillar of the Community
United States
2424 Posts
 Posted 04/21/2012  08:41 am  Show Profile   Bookmark this reply Add SDcoinguy to your friends list
correction murrel..

its $11.00 for a medium flat rate box. =D

im surprised that 2 boxes of nickles didnt collapse the box. I just sent 2 boxes of pennies out and BOY did it look unstable..
Pillar of the Community
United States
3276 Posts
 Posted 04/21/2012  1:21 pm  Show Profile   Bookmark this reply Add murrellington to your friends list
I said about $10, I knew it was around there somewhere. Thanks for correcting though. And actually the person who sent me the nickels shipped them in 4 small boxes, I think it was an older person, who said it was too heavy to lift. however I think it could fit. 2 boxes is about 50 pounds I think. I shipped 68 pounds of copper cents once in one box. It got mailed fine.
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