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South Korean Customs wants a re-description-what would you have done?

FedEx called me today on a GXG package they're delivering to South Korea for the USPS. Now it's being held up and Korean customs wants a "re-description" on a faxed form.

My PO originally insisted the item go as a souvenir, told me I couldn't use "numismatic" anything, collectible, antique, etc.

So, off it went, insured for almost 1k.

I originally had it listed as 2 Mun, Korean manufacture. What would you do, how would you describe it?
One of the penalties for refusing to participate in politics
is that you end up being governed by inferiors. – Plato

Comments

  • 1960NYGiants1960NYGiants Posts: 3,505 ✭✭✭✭
    My one and only package to Korea was sent described as "numismatic collectible". Went thru with no problems. But its value was only $20.
    Gene

    Life member #369 of the Royal Canadian Numismatic Association
    Member of Canadian Association of Token Collectors

    Collector of:
    Canadian coins and pre-confederation tokens
    Darkside proof/mint sets dated 1960
    My Ebay
  • sumnomsumnom Posts: 5,963 ✭✭✭
    That must be one special two mun.

    It seems like you described exactly what it is. I don't understand what the problem is. Did FedEx have any advice to offer?

    Maybe you could list it as "yopchon," which means "cast coin" in Korean. An alternate spelling is "yeopjeon."

  • laurentyvanlaurentyvan Posts: 4,243 ✭✭✭
    That must be one special two mun.

    Well, more special than I thought. Purchased at $15, sold at $910. There were 19 bids with 10 bidders so it wasn't just 1 or 2 bidders competing that drove the price up.

    Just hate having problems with shipping/customs to Korea. I sell enough $5 to $10 coins that a sale like this brings everything up, beneficial instances I count on to survive.

    If someone can identify why this coin went for what it did, I would be in your debt.image

    Item in question

    I found out after shipping GXG that it is entirely legitimate to send coins to South Korea. The restrictions on this type of item are: must be shipped by registered mail, 1st class, which does not give me the insurance umbrella I want in a case like this. USPS was more than pleased to take my $38 to ship to Korea without including information about the way the item should be shipped. They had me mark the item as "souvenir".

    What are the options, not ship to So. Korea? The closest American bidder was about $300 less than the winning bid.

    Well, I fax'd the re-description today to FedEx as "collectors coin, 2 Mun, Korean manufacture".

    We'll see...image
    One of the penalties for refusing to participate in politics
    is that you end up being governed by inferiors. – Plato


  • << <i>USPS was more than pleased to take my $38 to ship to Korea without including information about the way the item should be shipped. >>

    I would guess it's not necesssarily all the fault of the US post office- the SK post office may have policies which the USPS is unaware of. There are two countries involved here, and when governments are involved (even just one), there's no end to the confusion that can result.

    Case(s) in point: I recently contacted the customs departments of several countries with a couple of questions regarding the shipping of collectible coins (numismatic items, not spending money) into their countries. So far, I've received two replies.

    From Australia, I received actual answers to my questions- yes, collectible coins may be imported into the country, and no, the recipient pays no duty. The odd thing here is that the USPS lists "coins" as prohibited. An Australian collector has reported previously that he contacted the Australian customs department about this discrepancy and was told that it was up the the USPS to correct the erroneous information on their website, while the USPS told him that they would update it when Australian customs provided them with the proper information. No, you first...

    Next, from Great Britian, I received a more government-like reply to my questions- the suggestion that I go to their website and see if I can figure it out on my own. Included were about a half a dozen links to various pdf files, all worded in nearly indecipherable bureaucratese. I suppose two straightforward plain english questions were two too many to deal with.

    Then there was my recent experience with the Italian postal system, which would not accept a registered package for some undisclosed reason, even though the buyer tells me he has received many such deliveries in the past.

    The USPS can be inscrutable all on their own at times, so it seems there's no telling what you can expect once you're dealing with a second postal system halfway around the world.
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  • sumnomsumnom Posts: 5,963 ✭✭✭
    It is a very nice piece but I am not sure why the bidding went so high. I don't have any references handy at the moment but I will check it out when i get home this evening and see what I can find out.
  • sumnomsumnom Posts: 5,963 ✭✭✭
    In my 2006 edition of The Catalogue of Korean Coins and Bank Notes (Hanguk hwap'ye kagyok torok), this coin lists for about $60-120.00. Given the nice condition of this example I would guess to the higher end of that range. Now, why it went over $900.00 is a mystery to me. Korean coin prices in Korea have been going through the roof. This may well be an extreme example.

    I will snoop around and see if I can find anything else on this.

    The catalogue number, in case you are interested, is 18.118.
  • sumnomsumnom Posts: 5,963 ✭✭✭
    I found several varieties in Hang Yongdal's book Hanguk ui kojon, all them listed as "rare."
  • laurentyvanlaurentyvan Posts: 4,243 ✭✭✭
    Sumnom, the moment I listed the piece I was receiving offers from off-site, $150, $300, name your price... refused them all and let the chips fall where they may. Glad I did but now it's no end of worry.image
    One of the penalties for refusing to participate in politics
    is that you end up being governed by inferiors. – Plato
  • sumnomsumnom Posts: 5,963 ✭✭✭
    Amazing! How did you come across it?
  • laurentyvanlaurentyvan Posts: 4,243 ✭✭✭
    Amazing! How did you come across it?

    Sumnom, I purchased it at a coin store several years ago, obviously without either the proprietor or myself realizing it's importance.
    One of the penalties for refusing to participate in politics
    is that you end up being governed by inferiors. – Plato
  • HyperionHyperion Posts: 7,440 ✭✭✭
    sounds like "collectiable numismatic (material)" would be a passable synonym for "souvenir"
    they're prolly wondering at the 1k insurance?

    either way, maybe they're fishing.

    good luck and i hope it goes through nice and easy...
  • How about "Numismatic Sample."
    J.Cordeiro
    image
    "I has a bucket." - Minazo.
    Minazo the LOLRUS, 1994-2005
    image
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