US Customs Question

BigAl

My dad is in Canada on business and picked up a few Canadian Kilo silver commems. Does anyone know if he will be charged duty on these coins upon entry back in the US? Thanks in advance,

ormandh

Only if they catch ya!

theboz11

Mail them back

ajaan

I believe you are allowed to bring in $800 with of goods duty free. Check the US customs website to be sure.

SaorAlba

Don't ask, don't tell is the policy on bringing things like that into the USA says I.

satootoko

<< <i>My dad is in Canada on business and picked up a few Canadian Kilo silver commems. Does anyone know if he will be charged duty on these coins upon entry back in the US? >>

One of the great advantages of NCLT is that at the border it is treated as money of the specified denomination. There is no duty on the import of money to the US, but if you cross the border with more than US$10,000, or its equivalent in foreign money, it is subject to confiscation unless you declare it at the appropriate place on the customs form if you are traveling by public transportation, or orally if you are crossing on foot or by car.



<< <i>Don't ask, don't tell is the policy on bringing things like that into the USA says I. >>

The chances of getting caught are too rich for my blood.



<< <i>Only if they catch ya! >>

In which case the "duty" will be confiscation plus the possibility of criminal prosecution for smuggling!

WillieBoyd2

Declare them.

Customs officials might be reading this board.

mrpotatoheadd

U.S. Customs Dept.

Gold coins, medals, and bullion may be brought into the U.S. However, under regulations administered by the Office of Foreign Assets Control, such items originating in or brought from, Cuba, Iran, and Sudan* are prohibited entry.

Copies of gold coins are prohibited if not properly marked by the country of issuance. The importation of counterfeit coins is prohibited.

There is no duty on gold coins, medals or bullion, however, if the value of the gold coins is over $10,000, it must be declared to a CBP officer and must be reported on the FinCEN 105 form.

1jester

If they are coins, you can go by the value stated on the coin. At least that's my understanding. So they are considered currency and not bullion. And you're allowed to take in up to $10,000 without declaring it.

ajaan

I agree, definately declare them. If you don't and they search you then it is more of a pain. Some custom agents are very nice and friendly, others, especially one lady at the Lewiston, NY bridge, is a real "....hole".