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 Replies: 29 / Views: 5,574 |
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Pillar of the Community
United Kingdom
2133 Posts |
I recently talked to an Italian auction house and their response was that all Italian coins need an export licence.
They require payment immediately.
They said I can collect coins from their offices in person without showing an export licence, but if I want the coins sent by post, then they need yo receive the export licence from me before despatch.
They added that an export licence usually takes about 4 to 6 months, that it's up to me to apply for the licence and pay the application fees.
I think I'll just never buy from Italy.
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Pillar of the Community
 United States
7941 Posts |
Quote:
They said I can collect coins from their offices in person without showing an export licence, but if I want the coins sent by post, then they need yo receive the export licence from me before despatch. It has occurred to me that this is a potential business opportunity for collectors travelling to Italy for vacation.  However I have not yet been able to convince my spouse of the idea of a vacation travelling from Torino (Bolaffi) to Pavia (Varesi) to Ferrara (NF) to Bologna (Ranieri) to Rome (Bertolami), picking up sold items to then mail to the buyers once out of Italy. Edited by tdziemia
06/23/2021 06:55 am
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Pillar of the Community
Canada
999 Posts |
I am having my first experience with an Italian auction house. I purchased a French-made early 20th century medal last month. The auction house needs to obtain an export license for any coin/medal that is 50 years or older, regardless of where it was originally made. The process takes 7-10 weeks. We shall see...
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Pillar of the Community
Portugal
655 Posts |
Italian museums are already overflowing. This is power grab and make-work for the bureaucracy.
It has been getting worse in Europe for years. I would say there is a big world out there without this sickness. But there isn't. It spread.
I first noticed when Brazil prohibited exports of old coins years ago. And then did the absurd of classifying portuguese coins as if they were brazilian. Peças were portuguese only currency, not brazilian. Even if they were minted in south america they were not used there.
More recently other big countries started doing these bans to coin exports. Russia, I think the Chinese already, and the indians should not be far behind.
Then there is any old piece with even a sliver of Ivory because some stupid treaty didn't exempt antiques. And other stuff.
Auction houses would disclose this complication with foreign clients who sign in.
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Bedrock of the Community
 United States
25237 Posts |
I've purchased 100+ year old coins from France and Portugal recently and had no problems whatsoever.
Inordinately fascinated by bits of metal with strange markings and figures
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Pillar of the Community
Portugal
655 Posts |
You are right. There is no blanket limitation on export of coins in these two countries. Nor Spain. Yet.
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Pillar of the Community
United States
7941 Posts |
To add to that list, I have received coins from these countries since the beginning of 2022 with no restrictions: Austria Belgium France Germany Poland Netherlands San Marino Switzerland U.K. (though they were not British coins). Quote:
The process takes 7-10 weeks. We shall see... If you expect it to take double that amount of time, you will be less frustrated. Please share when the coins arrive. Edited by tdziemia
09/08/2023 10:12 am
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Pillar of the Community
Canada
999 Posts |
I just got word that the export of the medal was finally approved by the Monuments and Fine Arts Office in Italy!
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Pillar of the Community
Germany
992 Posts |
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I just got word that the export of the medal was finally approved by the Monuments and Fine Arts Office in Italy! Congrats  |
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Moderator
United States
188560 Posts |
Excellent!  |
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Bedrock of the Community
United States
25237 Posts |
Great news, Cdncoins! Seems like they beat the 10 week outside estimate. Of course, you don't have the medal in hand yet.
Inordinately fascinated by bits of metal with strange markings and figures
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Pillar of the Community
United States
7941 Posts |
Very encouraging! As I mentioned (wayyy..) upthread, missing the target by months is more normal. |
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Pillar of the Community
United Kingdom
2133 Posts |
@tdziemia
The idea of providing a service to collectors to pick up coins had occurred to me, too.
However, I mentioned the idea to one of my friends and he told me he knew somebody who had made 3 such trips and he said the idea is fraught with difficulties.
On the second trip, the courier friend delivered the coins but they turned out to be forgeries. Presumably they were forgeries when they were collected but the auction denied that and said that genuine coins were delivered to the person who had collected them from the auctioneer.
On the 3rd trip, the courier friend was stopped at customs, searched, and as the coins had no export licence, were confiscated.
I would trust all my friends' honesty but many of them couldn't spot fakes and a few of them would talk openly about what they were doing or would forget to put them in the hotel safe.
It seems wiser to me to pay the shipping charge and get the export licence.
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Pillar of the Community
Russian Federation
1557 Posts |
Do you have to pay for an export license? I think this is not a cheap service and it makes sense if you buy something really valuable. I also have a question. Doesn't sending a coin from the country of origin (for example Italy) imply declaring what's in the parcel? I think customs can also confiscate coins and even put you in jail.
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Replies: 29 / Views: 5,574 |
First Page
Posted 06/22/2021 9:07 pm
