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insurrection1517
Penny Collector Member
USA
262 Posts |
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aloneibreak
Penny Hoarding Member
USA
672 Posts |
Posted - 02/01/2008 : 22:16:17
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| ive received a couple groups of nickels from canada months ago and i never paid anything extra. i think both sellers had "medallions" written on the customs form. |
My reading of history convinces me that most bad government results from too much government.
Thomas Jefferson
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Know Common Cents
Penny Pincher Member
195 Posts |
Posted - 02/02/2008 : 10:51:31
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| Interesting about the "Medallions" tag on the Customs form. I've had numismatic shipments from Canada with no problems or duty charges. Best to keep in mind that postage from Canada to the US is very expensive, though. A letter sent from Canada to the US costs a few cents short of a Loonie. The buyer usually is the one who feels the pain of the high postage charges. I know of several sellers who live less than 30 min from the US border and will make the drive across once every week or so to mail from the US in Flat Rate boxes or Priority Mail flat rate envelopes. Since there are now tighter border crossing restrictions in place as of this week, now a passport or birth cert + government issued ID are required that may slow down their cross border traffic. Also, given that the Loonie is at parity (or greater) with the US buck, you'll feel the full impact of postage charges for medallions or anything else. (Note: Gasoline there is also about 5 Looines per gallon, I'm told.) |
Here in Wisconsin, we have some of the highest property and gasoline taxes in the US. We're squeezed so much, I have to make my daughter wear penny boxes for shoes. At least she has an endless supply. |
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insurrection1517
Penny Collector Member
USA
262 Posts |
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MaDeuce
Penny Pincher Member
USA
124 Posts |
 Posted - 02/03/2008 : 23:36:00
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FYI, any coin that is currently in circulation is considered "currency," and is not subject to duties in/out of the US. You can import Canadian nickels to your heart's content. As far as I know, there are no countries that charge duties on currency imports/exports. Other restrictions may be in place, but duties are not one of them.
Some foreign coins that I have purchased have been declared as "metal stampings" by their sellers. I've always been puzzled by this. My assumption has been that the seller assumes that the declaration makes the shipment go through faster, but I can't imagine that there would be any merit to this. A quick inspection of most packages, even without opening them, makes it pretty clear that coins are contained inside.
Your only issue in the US is if you import more than $10,000 in a single shipment. In this case, you have to file a Treasury/Customs for 4790, disclosing the source, destination, and amount of transfer. This is purely a taxation / anti-money laundering disclosure; it has nothing to do with duties. Many countries have similar requirements.
So, the bottom line is that you can import all day long with no duty.
MaDeuce |
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fiatboy
Administrator
912 Posts |
Posted - 02/03/2008 : 23:52:40
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You nailed it, MaDeuce.
Except, of course, for U.S. pennies and nickels.
When I have to fill out forms when I send coins abroad, I write "collectibles." When I have the coins on my person---such as when I'm crossing a border---I write "numismatic collectibles." |
"Bart, it's not about how many stocks you have, it's about how much copper wire you can get out of the building." --- Homer Simpson |
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fasTTcar
Penny Hoarding Member
Canada
573 Posts |
Posted - 02/21/2008 : 16:47:58
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Been a while since I posted here, Hi all.
Canadian coins being shipped to the US are no problem. I send bags of pre '82 nickels often.
However, when I send any quantity of silver coins I label them as either "bi-metallic disc's" or "die pressed metal". |
www.londongoldbuyer.com |
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insurrection1517
Penny Collector Member
USA
262 Posts |
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fasTTcar
Penny Hoarding Member
Canada
573 Posts |
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question about receiving coins shipped from canada
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