| Author |
 Topic  |
|
|
frugalcanuck
Penny Pincher Member
Canada
103 Posts |
 Posted - 04/28/2010 : 20:04:59
|
|
I believe you are not allowed to bring more than $5 in coinage out of the USA and was wondering if this is just for spacific coins ie. silver quarters or copper pennies (coins worth more then FV) or does it include all coins. Can I bring a 1oz gold coin if it says $50 on it?
|
One box of Nickels
11.65% .999 Ni |
|
|
apdigs8
Penny Sorter Member
29 Posts |
Posted - 04/28/2010 : 21:07:13
|
| I have never heard of this, but I have brought more than $5 in coinage out of the USA on many occasions both driving into canada and flying into Europe and never had any problems whatsoever... Where did you hear this rule? I brought eagle coins with higher than $10 FV every time I travel... brought US 90% into canada... never tried to bring a hoard of copper pennies outside of the states though... |
"If you love wealth more than liberty, the tranquility of servitude better than the animating contest of freedom, depart from us in peace. We ask not your counsel nor your arms. Crouch down and lick the hand that feeds you. May your chains rest lightly upon you and may posterity forget that you were our countrymen." Samuel Adams |
 |
|
|
natsb88
Administrator
USA
1850 Posts |
Posted - 04/28/2010 : 21:24:32
|
| I'm not sure what the specific border rules are, but the melt ban prohibits sending more than $100 in pennies or nickels out of the country. |
Nate
The Copper Cave
|
|
|
|
frugalcanuck
Penny Pincher Member
Canada
103 Posts |
Posted - 04/28/2010 : 21:30:13
|
| I will try to find where I heard the rule |
One box of Nickels
11.65% .999 Ni |
|
|
|
BamaJoe
Penny Sorter Member
86 Posts |
Posted - 04/28/2010 : 22:08:55
|
| Well, from personaly experience I can tell you this. The $50 eagle is legal tender for just that $50. You can carry $10,000 out of the country. I've gone thru Customs here and in the Philippines with up to 2 Tubes of Eagles - have been asked a few questions, but haven't been hassled much. What might happen in other countries I have no idea. |
|
|
|
frugalcanuck
Penny Pincher Member
Canada
103 Posts |
Posted - 04/28/2010 : 22:15:30
|
I found this but it is from 2006
You must be logged in to see this link.
I do not remember where I heard it from but I remember I was heading to Niagra Falls and was planning on hopping over to the US side and buying a couple boxes of Nickels to bring back but then found that icould not bring more than $5 back to Canada |
One box of Nickels
11.65% .999 Ni |
|
|
|
Kurr
1000+ Penny Miser Member
2906 Posts |
|
|
Kurr
1000+ Penny Miser Member
2906 Posts |
Posted - 04/28/2010 : 22:32:59
|
quote:
TITLE 31 > SUBTITLE IV > CHAPTER 51 > SUBCHAPTER II >
§ 5112. Denominations, specifications, and design of coins
(e) Notwithstanding any other provision of law, the Secretary shall mint and issue, in quantities sufficient to meet public demand, coins which—
(1) are 40.6 millimeters in diameter and weigh 31.103 grams;
(2) contain .999 fine silver;
(3) have a design—
(A) symbolic of Liberty on the obverse side; and
(B) of an eagle on the reverse side;
(4) have inscriptions of the year of minting or issuance, and the words “Liberty”, “In God We Trust”, “United States of America”, “1 Oz. Fine Silver”, “E Pluribus Unum”, and “One Dollar”; and
(5) have reeded edges.
(l) Redesign and Issuance of Quarter Dollar in Commemoration of Each of the 50 States.—
(5) Treatment as numismatic items.— For purposes of sections 5134 and 5136, all coins minted under this subsection shall be considered to be numismatic items.
TITLE 31 > SUBTITLE IV > CHAPTER 51 > SUBCHAPTER III >
§ 5134. Numismatic Public Enterprise Fund
(3) Numismatic item.— The term “numismatic item” means any medal, proof coin, uncirculated coin, bullion coin, or other coin specifically designated by statute as a numismatic item, including products and accessories related to any such medal, coin, or item.
Wow, looks like state quarters aren't currency but "numismatic items" as well!! |
The silver [is] mine, and the gold [is] mine, saith the LORD of hosts. Hag 2:8 [/b]
He created it. He controls it. He gave it to us for His use. Why did we turn from sound scriptural currency that PROTECTS us?
KJV Bible w/ Strong's Concordance: http://www.blueletterbible.org/
The book of The Hundreds: http://www.land.netonecom.net/tlp/ref/boh/bookOfTheHundreds_v4.1.pdf
The Two Republics: http://www.whitehorsemedia.com/docs/THE_TWO_REPUBLICS.pdf
Good reading: http://ecclesia.org/truth/government.html
A number of people are educated beyond, sometimes way beyond, their intelligence. - Tenbears
|
Edited by - Kurr on 04/28/2010 22:34:44 |
|
|
|
wheeler_dealer
Penny Collector Member
USA
402 Posts |
Posted - 04/30/2010 : 19:05:33
|
In the past when crossing the borders I have had far more than $5.00 in change in my ashtray alone. I can't ever remember being asked while crossing the border about how much change I was carrying. If you have a few passengers in the car and everyone had change you might have a good amount that was being taken back and forth.
|
|
|
|
jadedragon
Administrator
Canada
3788 Posts |
Posted - 05/01/2010 : 06:02:26
|
| I've never been asked about change. Remember that the Canadians could care less about you exporting US pennies and you don't talk to the Americans on the way out. That said, I always obey the law, regardless how dumb it is, and refrain from taking US pennies and nicks North. I read above a suggestion that there is a limit to the amount of Canadian change you can take into Canada - there is no limit except the capacity of your truck - just declare if you are over $10,000. |
“The reasonable man adapts himself to the world; the unreasonable one persists in trying to adapt the world to himself. Therefore all progress depends on the unreasonable man.” – George Bernard Shaw.
Why Copper Bullion ~~~ Interview with Silver Bullion Producer Market Harmony
Passive Income blog |
|
|
|
Bluegill
1000+ Penny Miser Member
USA
1964 Posts |
Posted - 05/01/2010 : 10:04:43
|
"Specifically, the new regulations prohibit, with certain exceptions, the melting or treatment of all one-cent and 5-cent coins. The regulations also prohibit the unlicensed exportation of these coins, except that travelers may take up to $5 in these coins out of the country, and individuals may ship up to $100 in these coins out of the country in any one shipment for legitimate coinage and numismatic purposes."
|
|
|
|
Shattered
Penny Hoarding Member
USA
523 Posts |
Posted - 05/01/2010 : 11:37:59
|
| I think the $5 rule only applies for pennies and nickels. You can carry as much other change as you want. That is my understanding of it. |
"I need metal in my life, just like an eagle needs to fly."
-Joseph DeMaio : Die For Metal |
|
|
| |
Topic |
|
What can you bring out of the USA
Forum Locked
