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Replies: 28 / Views: 3,892 |
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Valued Member
Canada
449 Posts |
"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.
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Valued Member
United States
214 Posts |
Well would people still be interested in coast to coast, or smaller denominations from canada?
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Moderator
 United States
188770 Posts |
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.
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Pillar of the Community
United States
745 Posts |
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.htmlGeneral 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
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Pillar of the Community
United States
745 Posts |
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Pillar of the Community
 United States
1903 Posts |
Iran? What is the deal with that?
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Valued Member
United States
63 Posts |
I'd be interested in a coast to coast exchange.
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Valued Member
United States
120 Posts |
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
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Pillar of the Community
United States
1770 Posts |
sounds like a great idea, but.... for some reason also feels like a big hassle
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Valued Member
United States
417 Posts |
I think it would be a fun idea. All it takes is one coin to cover the shipping costs.
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Pillar of the Community
United States
3276 Posts |
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.
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Pillar of the Community
United States
2424 Posts |
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..
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Pillar of the Community
United States
3276 Posts |
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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Replies: 28 / Views: 3,892 |