Jump to content
  • The above Banner is a Sponsored Banner.

    Upgrade to Premium Membership to remove this Banner & All Google Ads. For full list of Premium Member benefits Click HERE.

Bumbix

New Member
  • Posts

    1
  • Joined

  • Last visited

  • Trading Feedback

    0%
  • Country

    United States

Reputation Activity

  1. Thanks
    Bumbix reacted to CollectorNo1 in Shipping PM from USA to UK   
    Hi
    I've never imported or exported any large amount of PM's UK/USA - USA/UK..So totally not an expert on taxes and duties but had this thought....
    I also saw this online:-
    'If you are just talking about moving a few gold coins just throw them in with your pocket change and carry on. As for the US, gold/silver bullion any amount under $10K does not need to be declared regardless of entering or leaving the country'
     
    Now!!!! As I see it if you had say 1000 Canadian Maples at let's say £30 value on each coin that's £30.000
    But! The face value is 5 Dollars so 1000 x 5 is 5,000 Canadian dollars which equates to around £2,850.00.
     
    Now that could be a loophole when declaring the value of the coins as its less than the $10,000 before you have to declare. Only thing is the insurance as you would have to state the actual value of the PM's to cover the insurance if something goes wrong....
    I'm probably talking out of my backside and I'm sure someone on here will correct me...But it was just a thought I had after reading your post.
    Regards.
  2. Thanks
    Bumbix reacted to DanTheMan in Shipping PM from USA to UK   
    Hello Cosmin,
    On this video, there is a test on passing Airport security with +10oz gold 1 oz of platinum and +30ozs of silver to see how scanner reacts. 
    It is more than 10k€ In the handbag but it is done on a Spanish domestic flight with 100k€ cash limit on transportation. So no law violation or missing declaration at any point 
    The video is in Spanish 
    Dragon Oro Plata YouTube channel 
×
×
  • Create New...

Cookies & terms of service

We have placed cookies on your device to help make this website better. By continuing to use this site you consent to the use of cookies and to our Privacy Policy & Terms of Use