About the Tariffs
asheland
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If this has already been discussed, please forgive this thread, but I’ve been wondering about how this will affect people like us buying coins, online and other things…
Anyway, I was on the eBay app earlier today and found some information that I found very useful. I did a bunch of screenshots and I’ll add them in here.
If anyone has any information to add, it would be appreciated…
Basically, unless it’s from China, if it’s under $800 to the best of my understanding, it just shows up with no issues. But if it’s over $800 then there will be duties and tariffs on it.
I hope this helps anyone reading…
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Don't see the impact on coin collecting/purchasing.
Sales under $800 are now subject to tariff.
Oh no, Chinese fakes going up?
Does this apply to US coins being shipped from overseas to the US?
bob
unfortunately
For coins purchased in the US by US domiciled buyers, correct.
For coins purchased outside of the US (for example, Stacks Bowers regularly runs auctions out of their Hong Kong offices), the tariffs have an ENORMOUS impact.
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The US isn’t the only country that mints coins. Wild, I know.
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Well, this is the US coin forum.
But to your point, I mostly collect world coins including China/Tibet. I sat on my paddle at the recent Stack's Hong Kong auction because the tariffs were 125% on some lots.
I agree. Many US coins are now being minted in China.
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I’ve received coin supplies from China on two occasions in the last two weeks without a problem. Under $100.
I'm wondering about the precise definitions here, which can impact US collectors. For example, US-Philippine coinage. Right now, the Philippines is a foreign country being hit by the tariffs, but it used to be an American colony. Are Manila-minted US-Philippine coins "made in America" or "made in the Philippines" under this policy?
Logically, the answer is "The Manila mint was a branch of the US mint at the time, so these must be considered American-minted coins". But logic has little to do with government policy-making, even at the best of times.
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Apparently I have been awarded one DPOTD.
Effective May 2, 2025
This is most likely the reason why you did not have to pay in the last couple of weeks.
Well if people paying more for cars, food, they not going have much left over for coins are they? 1989 repeat market crash?
I have a high 4 figure Julius Caesar coin in an NGC Ancient holder that I won in a Paris auction last May but the damn EU cultural commission has to issue a certificate to ship it to the US and it takes 6 months, but UPS screwed me on the first one by returning the package to Paris from the customs point in the southeast US back in November, so I am waiting on a new certificate and will probably get hit with a tariff, unless the EU is so slow that they reach a trade deal first. It will come FedEx this time, and I hope that they get it right.
Last European auction for me. All the coins from Heritage or CNG arrived within days. Unfortunately, it was just a really hard find in AU star 5/5 5/5 already in an NGC holder. All I need now is a big tariff fee to top off the wonderful experience.
We need bigger screenshots.
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I bought a couple coins on eBay from a seller in Austria last week, and had to pay the tariffs directly to ups.
eBay did not collect the money.
I have ordered from the Royal Canadian Mint, including after the tariff change, and no charge for them. The threshold is above what I order. The latest was the pure silver proof set, under $200.
ebay doesn't collect duties, which can bring requests for duty avoidance and negatives from people who don't know the deal about duties
That situation sucks no doubt, but that coin sounds amazing! Do you have a picture of it? I’m seriously intrigued by that one!
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What kind of coins? The WH statement was that there is an exemption for "Bullion" which is open to subjective interpretation. The NCBA has been trying to obtain some clarity, I haven't heard any updates yet.
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https://www.greysheet.com/news/story/white-house-exempts-gold-from-reciprocal-tariffs-silver-platinum-and-palladium-likely-included-offering-relief-for-numismatic-and-bullion-markets/4515
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They were errors, but were also gold. The seller listed the description of the contents in the package as “coins” and I’m sure that’s why the tariffs hit. I’m feeling lucky the package wasn’t stolen with that information on it.
Sorry, I only had the catalog picture, and now I can't find it. It is the wreathed head Julius Caesar Dictator in Perpetuity silver denarius minted in February 44BC, I already have a Veiled Head variety, which seems more common. It is often credited with being the final straw that led to his assassination. 12-13 months just seems like a long delivery time with those silly EU cultural commission required certificates for a coin that came from NGC in Florida without any fanfare.
That sounds like a seriously cool coin! I hope everything goes through without any issues…
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