| Author |
Replies: 10 / Views: 2,105 |
|
|
Valued Member
Canada
290 Posts |
Hi, I'm a newbie at this forum and relatively a newbie at collecting banknotes. I applogize if such a topic has already been posted.
I'm currently out of the country and I intend to buy a considerable amount of hopefully uncirculated banknotes of 2012 at the central bank before I go back home, I'm thinking hundreds of banknotes. I did bring along a few mylar protectors(each of which being able to hold one banknote) but not enough of them and it doesn't seem practical to carry around hundreds of mylars.
So, I was wondering, when travelling, how does one carry around a big pile of banknotes or more and keep them in the same condition they were bought? I was thinking some kind of box?
And maybe I'm getting this totally wrong too, and there's a simpler way to somehow get a pile of uncirculated banknotes from a foreing country. Please note that I insist on paying face value for the banknotes and not dealer cost and/or shipping charges, I want to eliminate the middle man if you know what I mean.
I'd really appreciate any help.
Cheers, Baanos
|
|
|
|
Valued Member
United States
318 Posts |
I would go to a dollar store and buy a little plastic snap lid container type as close to the size of bills that you need. Then wrap them in "saran wrap" and then use a towel to form fit around them and take up the empty space in the container. Then wrap the entire plastic container so it does not open up on you.
Just my first thought on this.
|
|
Valued Member
United States
297 Posts |
I think anytime you try to cross a countries border with a pile of cash it may throw up a red flag regardless of your explanation (unless you print out a dated page of this post at least 30 day prior to your crossing as evidence of your numismatic intentions  )
Edited by cd_god 01/02/2012 10:15 pm
|
|
Pillar of the Community
United States
1151 Posts |
I don't know about traveling in Canada or other foreign countries, but this is from the TSA (Transportation Security Administration) in the USA.
"Q. Will I be delayed during screening if I am carrying large amounts of cash? A. TSA does not restrict passengers from carrying cash through our security checkpoints. However, when TSA discovers a passenger carrying a sum of cash that appears to be in excess of $10,000 and the passenger is traveling to a location outside of the United States, TSA may notify U.S. Customs and Border Protection (CBP) to ensure compliance with international currency-reporting requirements. Also, TSA may notify law enforcement officers if cash is discovered during the security screening process that appears to be related to criminal activity based on factors such as the quantity, packaging, circumstances of discovery, or the method by which it is carried. "
$10,000 seems to be the number that raises questions with authorities in other countries as well. It sounds like if you declare it to the customs agent and explain why you have that quantity you should not have that many problems. Just be honest, don't try and hide it and never, ever try and out smart a customs agent, because your day will just go down hill from there.
|
|
Valued Member
Sweden
71 Posts |
Quote: I would go to a dollar store and buy a little plastic snap lid container type as close to the size of bills that you need. There's a better way: cases for VHS tapes - they are big and robust enough, and almost perfect if you find a cartoon movie cover.  A friend of mine (banknote dealer) bought several hundred old VHS tapes only for cases; he keeps almost all of his stock in transparent cases.
|
|
New Member
United States
12 Posts |
Pelican also makes some small hard plastic cases that are waterproof... (Made for small electronics.)
|
|
Valued Member
 Canada
290 Posts |
Quote: a little plastic snap lid container type Quote: cases for VHS tapes Quote: small hard plastic cases that are waterproof... (Made for small electronics.) Thanks for the help everyone. In any case, I'm not sure if it's a good idea for the notes to come in contact with a plastic container that wasn't meant to hold notes. For them to be in contact with such a plastic for a long time is definitely not good, and for a short amount of time such as a few days, I really couldn't say, but surely I wouldn't risk it. So, I'm guessing in order to prevent the notes from touching plastic, I should wrap them in paper or something? Or cover the interior of the whole container with paper or some kind of plastic not harmful to notes perhaps? Quote: It sounds like if you declare it to the customs agent and explain why you have that quantity you should not have that many problems. About this, I think you're right, as long as I don't carry an amount of cash exceeding 10 000$ I should be fine.
|
|
Valued Member
United States
318 Posts |
$10k may be the prima facie legal threshold, but there's been an addendum (Patriot Act? Canadian equiv?) that provides for "suspicious transactions". Which means $9999 is now certainly suspicious. As is $9900. Or $9000. Maybe even you and your buddy carrying $5000 each. $1000 even. I mean who carries cash these days? Seriously, as a border agent, I look at you and you tell me you have the dough to travel internationally but you don't have a credit / debit card?
This sounds like "How do I smuggle cash in/out of a country" to me. Sorry if I am wrong, but this is your very first post and you're trying to find out how to bypass international scrutiny.
|
|
Rest in Peace
United States
9104 Posts |
 , Baanos! SilverEye- What better people to ask about taking a paper money collection across borders than people who may have done it?
|
|
Pillar of the Community
United States
511 Posts |
It shouldn't be a problem if you have a brick or two of lower-denomination notes. Think of someone allegedly "smuggling" a bunch of $1s or $5s. You'd have to be a total moron ot jackbooted thug to turn that into a crime.
|
|
Valued Member
United States
326 Posts |
Why does this sound similar to a Nigerian Scam to me?  Edited to add the smiley.
Edited by Larryh86GT 01/09/2012 6:03 pm
|
| |
Replies: 10 / Views: 2,105 |
|