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Returning Canadian Coins to Canada
Elmhurst
Posts: 777 ✭✭✭
I'm interested in bringing some of my Canadian coins back to Canada to sell or trade. My understanding is these can be entered into Canada tax free and with no customs procedures, other than declaration at the border. Does anyone have any experience with this?
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Unless you are going there for another reason it’s not worth the effort. If it new stuff, you could buy lunch at least, if it’s old stuff you’d do better on eBay
The US dollar is worth $1.33 Canadian or, opposite, the Canadian dollar is worth $.75 US. Unless you have some scarcities, it's better to shop in US $$ while up here and leave the Canadian at home. You can bring Canadian across duty free up to a certain high dollar amount ... that high limit deals with money laundering or dealing in something other than coins.
Are you talking about collector coins or common change?
DPOTD-3
'Emancipate yourselves from mental slavery'
CU #3245 B.N.A. #428
Don
You don't have to declare regular coins and currency unless you are bringing $10,000 or more.
Pacific Northwest Numismatic Association
all Canadian coins from 1858, including provincial coins, are technically and legally still valid currency and as such there are no duties or taxes payable at the border.
come from and what you intend to do with it. These numbers are Canadian Dollars.
as said above, 9,999 is the number. 10 K and more and you need to declare it. NO limit on the amount.!!! BUT you must declare it over 999.99. its the money laundering law. they will ask you questions " as to where your 5 million cash"
I believe you will find the most important answer to your question here:
https://www.cbsa-asfc.gc.ca/trade-commerce/tariff-tarif/2019/01-99/ch71-2019-eng.pdf
bring your 1 and 2 dollar bills for tipping
Out of the bills, I'll see if I have anymore mint sets to break up.
careful with that.... these young "things" (servers as they like to be called now) might call the cops.
they will think you gave them a forgery.....
The 50c actually got a good reception a few years ago, and I left the nickel dollars for hotel tips. But I take the point, people have actually been arrested here for using US 2 dollar bills.
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I'll just move it all on BST and Great Collections. Thanks for the responses.
I once had my truck torn apart coming back into the US . I had found a bunch of caribou antlers up in Newfoundland and they were neat so I figured I'd bring them home. 2 hours they spent searching the truck it was ridiculous , this was back in 1994 when things were pretty chill