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 Replies: 86 / Views: 8,206 |
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Pillar of the Community
 United States
5177 Posts |
I just let a Canadian seller know that under no circumstances will I pay a 25% tariff on a coin purchase. They can cancel the sale if they want.
Are any Canadian CCF members already feeling the negative impact?
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Pillar of the Community
United Kingdom
2133 Posts |
If you buy before midnight next Tuesday, there'll be no tariff.
If you expect a seller to absorb the tariff, they'll need to charge US buyers an extra one-third compared with a non-US buyer.
For high-value items, it may be worth routing the purchase via a non-tariffed country.
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Pillar of the Community
 United States
5177 Posts |
I can imagine that the sale of Maple Leafs is gonna get hit hard.
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Pillar of the Community
Canada
1765 Posts |
Hi Ed. Is this a thing yet? Justin is having a press conference any minute now to lay out Canada's plan, so let's wait and see.
"We are poor little lambs...who have lost our way...Baa...Baa...Baa"
In memory of those members who left us too soon...
In memory of Tootallious March 31, 1964 - April 15, 2020
In memory of crazyb0 July 27 2020. RIP.
In memory of T-BOP Oct. 12, 1949 - Jan. 19, 2024
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Moderator
 United States
187475 Posts |
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Pillar of the Community
Canada
1765 Posts |
I'm with you jbuck.
"We are poor little lambs...who have lost our way...Baa...Baa...Baa"
In memory of those members who left us too soon...
In memory of Tootallious March 31, 1964 - April 15, 2020
In memory of crazyb0 July 27 2020. RIP.
In memory of T-BOP Oct. 12, 1949 - Jan. 19, 2024
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Moderator
United States
187475 Posts |
Yup.  |
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Pillar of the Community
Canada
5391 Posts |
I am not going to get political but this is absolutely
insane .
A friendship of well over 200 years , standing side by side
in the defence of freedom in numerous wars .
Destroyed in 13 days !
As to Ed's question .no the pain will start Tuesday.
I have instructed our shipping department to get
all of our US orders out on Monday.
We will evaluate up to the point of shutting down our
business ( over 80 per cent to the US ) after that .
As a proud Canadian all that I can say .country first .
Will take a little economic pain for a bit until sanity returns
South of the border .
Currently I am in the UK attending the London and Midland Coin Fairs as well as visiting my many British
Coin Dealer friends . To a man (100 per cent ) I fear
my American friends would not want to hear what is being
said about the going's on in DC is .
Just leave it at that and state the rest of the world is much more than just our US neighbour ,
Edited by Pacificoin
02/01/2025 10:31 pm
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Moderator
United States
187475 Posts |
Preach, brother! I am not gonna stop it. Well, unless it gets really political or I am overruled.  |
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Pillar of the Community
United States
1460 Posts |
ridiculousness... what else can one say.
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Pillar of the Community
Canada
1765 Posts |
Preaching. We all know it's foolish to spoil such a good relationship. I better clam up.  "We are poor little lambs...who have lost our way...Baa...Baa...Baa"
In memory of those members who left us too soon...
In memory of Tootallious March 31, 1964 - April 15, 2020
In memory of crazyb0 July 27 2020. RIP.
In memory of T-BOP Oct. 12, 1949 - Jan. 19, 2024
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Pillar of the Community
Canada
1765 Posts |
I still wonder whether the 25% applies to coins. Not everything is hit with one broad stroke. Pacificoin is getting ready, so maybe he knows.
"We are poor little lambs...who have lost our way...Baa...Baa...Baa"
In memory of those members who left us too soon...
In memory of Tootallious March 31, 1964 - April 15, 2020
In memory of crazyb0 July 27 2020. RIP.
In memory of T-BOP Oct. 12, 1949 - Jan. 19, 2024
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Pillar of the Community
United States
1348 Posts |
From the White House fact sheet:
"Until the crisis is alleviated, President Donald J. Trump is implementing a 25% additional tariff on imports from Canada and Mexico and a 10% additional tariff on imports from China. Energy resources from Canada will have a lower 10% tariff."
The way I read it, 0% now plus 25% additional = 25% on coins, unless when the fine print is released, it somehow exempts coins. I really doubt that it would.
http://www.victoriancent.com2011 & 2025 Fred Bowman Award Winner, 2020 J. Douglas Ferguson Award Winner, & 2022 Paul Fiocca Award Winner. Life Member of RCNA.
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Pillar of the Community
Canada
5391 Posts |
Too funny .. "until the crisis is alleviated"
The only crisis .the grey matter between his
1.9 ears!
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Pillar of the Community
Canada
1765 Posts |
I wasn't expecting miracles, but that is one broad brush. Shake my head.
"We are poor little lambs...who have lost our way...Baa...Baa...Baa"
In memory of those members who left us too soon...
In memory of Tootallious March 31, 1964 - April 15, 2020
In memory of crazyb0 July 27 2020. RIP.
In memory of T-BOP Oct. 12, 1949 - Jan. 19, 2024
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Pillar of the Community
United States
5177 Posts |
Quote:
As to Ed's question .no the pain will start Tuesday. Are any import tariffs not accounted for when the package arrives at the border? Edit to add: the Canadian seller of my coin just cancelled the order. Better to wait this mess out. Edited by NumisEd
02/01/2025 11:17 pm
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Replies: 86 / Views: 8,206 |
Posted 02/01/2025 8:50 pm
