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<p>[QUOTE=&quot;Alegandron, post: 3008203, member: 51347&quot;]Throughout my career I have been faced with the same type of dilemma.&nbsp; How do you value ANYTHING???</p><p><br /></p><p>1) What happens if you WAY overpaid for a Coin.&nbsp; You Paid $1000 for a $100 coin? (Use any currency denomination).&nbsp; What Duties should you pay???&nbsp; How should it be valued...&nbsp; You resell it for $100:&nbsp; do you value it at your $1000 paid price, so that you can show overpaid inventories???</p><p><br /></p><p>2) Some samples / prototypes sent to and from companies overseas... some are IRREPLACEABLE prototypes.&nbsp; How do you value that?&nbsp; Millions $?&nbsp; Thousands?</p><p><br /></p><p>3) Product that you produced are shipped overseas as samples: are they valued at material costs? Fully loaded costs?&nbsp; Wholesale? Full Retail?</p><p><br /></p><p>4) We can get bizarre:&nbsp; I built product using parts from a source factory overseas.&nbsp; Then I turned around and sent the COMPLETED product BACK to that factory overseas for them them to resell in THEIR markets. (yeah, I get all the value-added equations, etc. in valuing for customs.&nbsp; HOWEVER, there are an incredible amount of costing variables that are &quot;unfairly&quot; tariffed by customs.&nbsp; The complexity comes when you have SEVERAL sourced parts, reworked or value added, then sent out to several countries for THEIR morkets.&nbsp; What are the ethical and correct costs for customs duties?</p><p><br /></p><p>I FEEL that I know most of the answers for my own listed questions above, as I have dealt with them virtually daily.&nbsp; However, those answers may not be the same for other people and/or other situations.&nbsp; It seems case-by-case, and keeping within ethical business practaces and precedences that have been created.&nbsp; I have always erred on the side of caution. And, I have learned through GOOD experience, that wearing the &quot;white-hat&quot; in any dealings (personal or bidness), will ALWAYS be best in the end! (Yeah, with experiences in major law-suits.)[/QUOTE]</p><p><br /></p>

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