Royal Dutch Mint - No longer shipping outside of E.U. Very strange rationale given.

I am on the side of disagree and agree. Most countries DO NOT allow currencies of ANY KIND in particular legal tender currencies to be exported / imported.

While I am not too sure if there is such thing called customs duties, it's often NOT the sender's side to worry but instead the buyer's side! On the other hand, I believe world mints have been doing very poorly to organize with various world goverments about this problem. This is very abusurd as mint sets can never be sold "legally" overseas unless special permission is granted.

Personally I think Dutch Mint isn't too bothered with the overseas sales as it must be quite poor.

 

Log in or Sign up to hide this ad.

gxseries Would you mind expounding on this statement!! ' Most countries DO NOT allow currencies of ANY KIND in particular legal tender currencies to be exported / imported' Then ask yourself what people spend when they visit a forign country and how they get the currency of that country? Yes customs duties do exist and it is the responsability of the buyer not the seller (In the UK it is called Import Duty) I dont know what paper work the spokesperson is talking about as all that is required is a cn22


De Orc

 

Another suggestion from the Wild Guesses Dept. Maybe the KNM simply wants to avoid the "extra treatment" (customs declaration/sticker, etc.) that would be required if they shipped to non-EU destinations? Well, if I was the mint, I would continue to offer such shipments but simply charge more in those cases.

(Edit) Oops, just noticed that you started a new topic about this. Seems that this second suggestion from that other forum was right then ...

Christian

 

De Orc, I left out the bit about "currencies are not to be sent via mail" simply because of money laundering, counterfeiting etc.

Of couse if you are a tourist, you may be able to take out or in as much as you like but in Russia as far as I remember doesn't allow you to take out ANY rubles. If you are caught having some 100+USD worth of rubles, either you will be forced to convert them into USD or alternatively, officers will just "confiscate" them and pocket them.

 

In another discussion here we recently had the example of Cyprus. The central bank in CY charges a fortune if you want to order from them - and that applies to anybody outside Cyprus, even those in the EU. A coin that costs £3 when purchased in Cyprus costs £10-15 when ordered from elsewhere, but only if you mail cash. If you use a plain ordinary money transfer, they charge about twice as much.

In other words, the conditions are so deterring that hardly any individual customer would buy from them. Voilà, goal achieved - they can sell their coins to major distributors that will then sell the pieces to collectors.

What I find a little strange though is this comment: "Britain, Ireland and 25 other countries are all part of the E.U. If all of these mints take the attitude of the Dutch, quality coins from these mints will be severely impaired." John, as I mentioned before, several mints in the EU do not even sell/ship to any address outside the country. For example, even if I wanted to, I could not order anything from the Finnish Mint although I am in the EU. Other mints/numismatic offices act similarly ...

Christian

 

That type of cross-posting confusion is the reason that only one thread should be started about a single topic. The threads have now been merged.

 

Hmm, not that this has anything to do with the subject (poor Roy but wait, I'll be on-topic again in just a few seconds) ... when leaving Russia, you can have up to 3,000 USD (in whichever currency including rubles) with you, I think, and don't even have to declare it. Between 3,000 and 10,000 a declaration is required. Beyond $10,000 things get more difficult.

Basically it is indeed a good idea to not send cash via mail. But again, take that Cyprus example: If I had to choose between mailing cash (then the price is, say, 15 pounds) and transferring the money (then the price is roughly 30 pounds), I would probably try cash.

@Aidan: As far as I know, the DNB does not sell coins to collectors. Guess you can get rolls there, but no sets or collector coins. And by the way, the Dutch Mint will not mail the regular (face value) version of a collector coin either; those are available at post offices only.

Christian

 

chrisid: it might have changed recently. It was quite strict while I was there a few years ago. Whatever wasn't declared must be shown proof that you got legally in Russia, etc. Fortunately I didn't have any troubles but I had a friend who did.

My overall point on that is tourists can bring LIMITED amount of cash back and forth - I mean, who would be insane enough to carry some 10,000USD without any explaination?

Now I am curious, if the mints can't send coins, who can? Authorized coin dealers??? But can they send coins while the mint can't??? Or they have some special permission?

 

What is the best means then, of getting Dutch coins in the US now? (sorry for bringing up an old thread..)

 

Have you tried the "usual suspects"? For example ...
http://www.eurocollections.com/store/products.asp?id=173
http://rsmint.com/search.aspx?manufacturer=5

Christian

 

Having dealt with Russian customs on more occassions than I care to remember, I can say that I am fully versed in the difference between graft and bribery. Graft is what you pay a Russian customs officer to follow the rules like he supposed to. Bribery is what you pay a Russian customs official to break the rules for you. In any case, they expect to be paid something and at times the obsurdity of their demands border on comedy.

 

In reference to the OP........who the devil cares. :devil:

Sorry Ruben........

 

I like there International cities coins, and the Deft coin.

 

@green18: If we were all after the very same coins, that would be terrible. So I am quite happy about the fact that most Transpondian collectors don't really care about our coins.

@mrbrklyn: Hope the sites that I mentioned have what you want. I am sure there are others, but I hardly ever buy European coins from American dealers. These two I have ordered from before. Yes, some of those Dutch collector coins are very nice. Others ... umm, tulips anyone?

Christian

 

Hope I didn't offend you Chris. Poor attempt at humor on my part......

 

Nah, that's OK. Just don't buy me any of those tulip coins.

Christian

 

I'll tell you this, Chris. That 400 Anniversary of Manhattan coin in silver proof, it is gone from the market. You can't find it anywhere.

Ruben

 

There is some serious Irony somewhere in there.