Uk fees when buying a coin from Heritage Auction in the states

[Arbkev]

Happy New Year all.

I'm considering bidding on a coin at Heritage Auction and I'm based in the UK.

What fees would I pay extra to the postage cost and the buyers premium, when the coin reaches the UK.

Thanks in advance for any information given

Thanks

Arbkev

[BackyardBullion]

Depends on what it is. If it is a rare collectable coin you could get it at a rate of 5% VAT with a specific commodity code @Pete can probably help more on this. 

If it is a gold coin and meets certain minimum purity thresholds it should be 0% VAT added.

If it is just bullion silver type coins then it will be +20% VAT. 

Deepening on the price it might be hit with import duty of 2.5% 

I am no expert, the above is best guestimate 

[Arbkev]

Thanks @BackyardBullion its pre 33 gold graded/slabbed

[BackyardBullion]

2 minutes ago, Arbkev said:

Thanks @BackyardBullion its pre 33 gold graded/slabbed

In theory this should be 0%

But there is a good chance you will get stung and have to claim it back. 

[Arbkev]

I'll just have to take a punt and see what happens 

[shawy2510]

Postage you are looking at $60-$80

Buyers Premium 20%

Extra Fees depends on what coin you are after. Bullion over .916 should be 0%, Numismatic usually 5%, Silver 20%

[shawy2510]

Oh & Fedex usually like to add an admin fee on aswel