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 Replies: 9 / Views: 3,161 |
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Valued Member
South Africa
169 Posts |
I tried to find this, but the wealth of info out there is just to much.  I am moving to the USA soon(Texas). I was wondering if any of the USA CCF family members know offhand if there are restrictions on the bringing in of coin collections. Obviously, I will not bring in counterfeits, Fakes, or copies. These will consist of a batch of world coins(1,500), A few Gold Coins(25) and Old ZAR Silver & Gold coins from 1890 to 1900(200). I want to take the Gold Bullion along in Hand Luggage, the rest will be unacompanied shipment. Tks |
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Bedrock of the Community
Australia
21786 Posts |
Zarboy: Do you have an example of a Burger or Veld Pond, and how do you spot the fakes in these?
My greatest claim to fame with South African coins is a 1 Pound of 1952, of George V1.
I eventually tracked down one of these because I wanted a gold coin of George V1.
Not many gold coins of George V1 were minted anywhere, less than 40,000 world wide during the whole of his reign.
Edited by sel_69l
07/10/2011 09:39 am
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Pillar of the Community
United States
3499 Posts |
Zarboy- I am sorry to say that I cannot provide you with any information about imports to the US (but, of course, do also keep in mind South African laws about exporting such items). One thing I can add is that you should be careful how your valuable coins are shipped into the States. Customs officials are notorious for impounding items which seem suspicious, and I have heard stories of coins and other valuables being stolen.
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Pillar of the Community
Canada
677 Posts |
When a Canadian crosses the border into the US. they must report anything over $10,000. They investigate money laundering very serious.
Check US costoms.
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Valued Member
 South Africa
169 Posts |
Hi Sel_691, No unfortunately I dont have those yet, they are highly copied because it is only a blank essentially. the george VI is also a very nice design and sought after coin series too. You can check the Issues with the Blank / Veldponde out at this link. http://www.zarcoins.co.zaArchraz, I am not in SA at the moment, I am in UAE, so there is no issue there. Almost 90% of my coins have been bought from people in US and Canada on E-bay, so they all come from there anyway, the Bullion bought at the mint itself, sealed and all invoices I have, so I do not have any fear of copys etc. Conwick- I think is only for physical cash in circulation USD. |
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Pillar of the Community
United States
2120 Posts |
No. the $10,000 is for cash or goods. I dealt with this when I traveled back and forth from india. Your best bet (as scary as it would be) might be to ship them to a trusted member on CCF to hold on to for you.
Though I dont know if I could trust any courier service that much.
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Moderator
 Australia
16808 Posts |
To my knowledge, only the following categories of coins have restrictions on imports:
- fake coins that do not have COPY indelibly stamped on them.
- ancient coins from Cyprus, China or Italy.
- bullion coins from "blacklisted" countries - the list varies in response to international events but current members are Cuba, Iran, Burma and Sudan.
Of course, the regulations are only as good as the people enforcing them. A trip to just about any flea market in the country will reveal just how porous the "no fakes without COPY" barrier really is.
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
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Valued Member
South Africa
169 Posts |
Thanks Ianmprice / SAP
I actually have a business trip planned this coming Friday out to Houston for 10 days, I will take a little and then in the next trip takes some more, and also split between me and wifey.
Afterall it is not that many Gold coins, so I should be allright, I know in the end I am not doing anything illegal.
The regular Zar collections and World coins, I will ship in Secure Lock up shipment with my goods.
The previous times I moved from US to SA and from SA to UAE I had such a container trunk locked and sealed and it came out allright in the end.
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Pillar of the Community
United States
3499 Posts |
Sap- It is interseting to note that there are no restrictions placed upon the import of Ancient coins from Italy or other parts of the Greco-Roman world (except for Cyprus). It is merely the case that one can legally import such coins to the US, but that, for example, Greece and Italy have banned the export of such coins?
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Moderator
Australia
16808 Posts |
Quote:
It is merely the case that one can legally import such coins to the US, but that, for example, Greece and Italy have banned the export of such coins? Most Mediterranean countries have had bans on exporting ancient coins for decades. Historically, the US government has not given two hoots about such bans, but in recent years has begun to be persuaded otherwise. The United States signs Memoranda of Understanding with countries regarding what objects can and cannot be imported from those countries. The MOU with Cyprus (download pdf) blocks importation of "coins of Cypriot type" dating before 235 AD; this was added to the extention of the MOU in 2007. See the Designated List pdf, Section III.D (page 7). More recently, in January 2011, coins were also appended to the Designated List when the similarly worded MOU was extended with Italy. In this case, it's ancient Roman coins of types you're most likely to only find in Italy, mostly pre-200 BC - Republican early cast bronzes, pre-denarius silvers, and provincial coins. Pre-Roman Greek colonies situated in what is now Italian territory (including Sicily) are also included. Italian Designated List pdf, section II.F. Under the MOUs, any item so imported is liable to seizure and repatriation - it'll be "sent back where it came from", whether there's evidence it actually came from there or not. Antiquities smugglers and genuine coin collectors are treated the same. Greece is lobbying like crazy to get coins added to their MOU, too. 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
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Replies: 9 / Views: 3,161 |
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Posted 07/10/2011 10:58 am
