Question About Ordering Coins From Australia

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Author	Replies: 4 / Views: 1,866
jokingjoker Pillar of the Community United States 2150 Posts	Posted 10/18/2009 1:55 pm I have never ordered coins from anywhere but within the U.S., I have found a Dealer in Australia that I am interested in ordering some things from. My question is if I order will I have to pay custom or other types of fees and if yes are these based on a percentage of the cost? If someone who orders from over seas could let me know or give me an example to give me an idea of what I might be looking at I would really appreciate it. Thanks in advance. Report this Post to the Staff

Nevol Formerly nancyc Australia 5385 Posts	Posted 10/18/2009 6:25 pm I'm not an overseas resident, but being an Aussie I can offer some info. In actual fact, you should get the coins cheaper than the advertised Australian price. We have (Goods & Services Tax)GST of 10% in Australia and overseas buyers are exempt from paying this, so your buy price should be 1/11th cheaper than the advertised price including shipping. Any other cost involved would only be if the dealer has other unusual fees, and if there are unusual fees, I'd be reluctant to buy from that dealer. A total price incl shipping of say AU$100, GST free would be AU$90.91, converted to US$83.14 using the http://www.XE.com site. Ask the dealer for a quote, do the maths allowing for the conversion rate, and if you're happy with the result, go for it. There is a North American based Branch of an Australian Dealer if you're interested. Downies, North America Toll free 1 877 897 7696, some of their prices are pretty steep in my opinion. I don't know about Customs, I've had one shipment of goods from the US, a little over $300 worth, no customs leaving USA and none into Australia. Someone else will hopefully put you into the picture on the customs aspect of it. life is a mystery to be lived not a problem to be solved Edited by Nevol 10/19/2009 3:08 pm Report this Post to the Staff
Sap Moderator Australia 16809 Posts	Posted 10/18/2009 9:11 pm The only items that Australian Customs would restrict export of are coins of "national cultural significance" - the technical definition of which is: it has to be of significance to Australia (ie either made here or used here), it has to be worth over AU$15,000 and Australian museums don't own at least two similar specimens. They're not illegal to export, but there is a permit the seller would have to obtain to export them, and the seller would probably forward the cost of the permit on to you. If the seller knows what they're doing, they would know about this and tell you in advance of your agreeing to purchase. So as long as you're only buying cheap common stuff or modern Australian mint products and not holey dollars, Adelaide pounds, old banknotes or similar items, you should be OK. Importing the coins into America is the second half of the transaction. The only US import restrictions for coins that I'm aware of are that if the coins are ancient coins from Cyprus or China, or if they're modern bullion coins from Cuba, Iran or Sudan, they're illegal for you to import. I don't believe there are any import duties on coins if the total value of the package being imported is below US$10,000, but a local would be able to confirm this better than I. Don't say "infinitely" when you mean "very"; otherwise, you'll have no word left when you want to talk about something really infinite. - C. S. Lewis Report this Post to the Staff
rggoodie Moderator United States 23487 Posts	Posted 10/18/2009 10:02 pm I am US based but purchase coins from Australia all the time. I have a few select dealers I use plus some friends on this forum plus some family members. I also purchase coins from the Royal Australian Mint and the Perth Mint. Now that I have set the background. Purchasing coins from Australia or Australian coins in the US involves a number of decisions. first know the difference in the value of the Australian and the American dollar. This will determine cost of the coin. Then determine what the shipping is going to cost you for the order. Some of the coins/banknotes I have sent over from Australia (depending on the amount ordered at any one time - or where they come from i.e. the mint) can cost you quite a bit in postage and handling. I have never had to pay customs nor tax on any of the purchases from Australia. ( I have purchased coins of various metals including gold without any of these charges). If you are collecting decimal or commemoratives then some of the US dealers offer good prices and will ship the entire order for US$5.00. This process is like any other in the world of numismatics, determine what you want to purchase, check the price, make the decision, Take action and then live with the decision. Just a footnote. I will sometimes purchase from a person or dealer with a bit higher price (item or shipping) because I want to maintain a good relationship with that individual supplier. Report this Post to the Staff
jokingjoker Pillar of the Community United States 2150 Posts	Posted 10/18/2009 10:04 pm Thanks guy I appreciate the responses Report this Post to the Staff
	Replies: 4 / Views: 1,866

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