Message:

<p>[QUOTE=&quot;Orfew, post: 3008005, member: 74968&quot;]If your impressions are &quot;anecdotal and inaccurate&quot; then so are mine. I have noticed the same thing. I think the reasons for it are also as you have stated. First, undervaluing the coin will affect the fees paid such as taxes (at least it has in my case where the coins are shipped out of country to Canada). Also, some will undervalue because there is less chance of the item being stolen. Under-declaring does open one up for an ethics check, but it is also understandable if done to avoid theft.</p><p><br /></p><p>One dealer I have dealt with deals with it in the following manner if the coin is of high value. The coin and the invoice are shipped separately. The value of the coin is under-declared in the envelope in which the coin ships, and the real value is listed on the separate invoice mailed separately. It is not wise to declare &quot;Roman Gold coin&quot; on a declaration form. </p><p><br /></p><p>As an aside, a few weeks ago I received an envelope from Frank Robinson, the same type of envelope he ships coins in. The envelope was sliced at the end and the contents removed. Luckily, this time the envelope only contained the auction list and not any coins from his auctions. Next time I might not be so lucky.</p><p><br /></p><p>I do not mind paying the appropriate taxes on my coins, it is part of the cost. However, if declaring in full means an increased chance of theft, I would rather that the full amount not be listed. It does pose an ethical dilemma however.[/QUOTE]</p><p><br /></p>

Your name or email address:

Do you already have an account?

• No, create an account now.
• Yes, my password is:
• Forgot your password?

Stay logged in