Bringing silver back from the US to the UK on a plane

[Mtaybar]

I'm off to the states soon and was wondering if anyone is able to clarify if any import charges apply if I were to bring a couple of tubes of eagles back with me. I'm thinking while I'm there I can take advantage of picking up a tube or two of type 1 & 2. Has anyone done this before and is it luck of the draw if I'm stopped with them or not?

[TeaTime]

This has come up before - i bought a tube of eagles back with me in my luggage and had no problems. I didn't declare them when back in the UK...This is from the Govn't website which deals mainly with alcohol and tobacco; 'You can bring in other goods worth up to £390 (or up to £270 if you arrive by private plane or boat)'.

With PM's it's anyones guess what Customs would value coins at - could be spot price, could be retail price...

Edited November 1, 2021 by TeaTime

[sjhdesmond]

Remember if you are travelling with with your partner or other family members that they have an allowance too.

[Mtaybar]

5 hours ago, TeaTime said:

This has come up before - i bought a tube of eagles back with me in my luggage and had no problems. I didn't declare them when back in the UK...This is from the Govn't website which deals mainly with alcohol and tobacco; 'You can bring in other goods worth up to £390 (or up to £270 if you arrive by private plane or boat)'.

With PM's it's anyones guess what Customs would value coins at - could be spot price, could be retail price...

There's 3 possible options for them to choose from if they decide to value them. Face, spot or retail 🤣

50 minutes ago, sjhdesmond said:

Remember if you are travelling with with your partner or other family members that they have an allowance too.

Unfortunately I'm traveling alone. Otherwise I might of thought about loading a few more in their bags lol

[TeaTime]

32 minutes ago, Mtaybar said:

There's 3 possible options for them to choose from if they decide to value them. Face, spot or retail 🤣

Although i thought the same thing - valuing them at $1 - probably wont wash if you get stopped !

In the event that you decide to declare the goods or get stopped for a random search you will be expected to provide a receipt. To be honest the tube of eagles i brought back were an after-thought and were in my hold luggage as i had already used up my allowance on other goods as carry-ons. I obviously didn't look guilty as i strolled through 'nothing to declare'.

[Mtaybar]

2 hours ago, TeaTime said:

Although i thought the same thing - valuing them at $1 - probably wont wash if you get stopped !

In the event that you decide to declare the goods or get stopped for a random search you will be expected to provide a receipt. To be honest the tube of eagles i brought back were an after-thought and were in my hold luggage as i had already used up my allowance on other goods as carry-ons. I obviously didn't look guilty as i strolled through 'nothing to declare'.

There's no way valuing them at face value would wash lol. I'm traveling light so only carry on and a personal item for me. I'd rather keep them close when I travel  if I do get any. 

[noddycoder]

On 31/10/2021 at 20:00, Mtaybar said:

I'm off to the states soon and was wondering if anyone is able to clarify if any import charges apply if I were to bring a couple of tubes of eagles back with me. I'm thinking while I'm there I can take advantage of picking up a tube or two of type 1 & 2. Has anyone done this before and is it luck of the draw if I'm stopped with them or not?

If the total current market value of your coins is under $10K then I don't think you have to declare anything when passing through US customs. Just have receipts that prove you are the owner.

Similar when flying in to the UK: under £10K so no need to declare anything, just receipts to hand in case you're asked.

Edit: the silver eagles are currency and therefore fall under "cash declaration" rules, which start at 10K.

Edited November 1, 2021 by noddycoder
edited for clarification

[Mtaybar]

1 hour ago, noddycoder said:

If the total current market value of your coins is under $10K then I don't think you have to declare anything when passing through US customs. Just have receipts that prove you are the owner.

Similar when flying in to the UK: under £10K so no need to declare anything, just receipts to hand in case you're asked.

Edit: the silver eagles are currency and therefore fall under "cash declaration" rules, which start at 10K.

I did see that somewhere but I was unsure if I was reading it right. £10k seems an awful lot for our greedy taxmen to let you get away with. Thanks for your input, it does tie with how I was reading it.