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<p>[QUOTE="calcol, post: 25379338, member: 77639"]If you live in a state that charges sales tax on coins, you can more than make-up for a higher than usual buyer’s premium with tax savings when buying overseas. For example, my state charges 8% sales tax. So, if I buy in an auction outside the U.S with a buyer’s premium of 20%, that is effectively reduced to 12%. There may some circumstances where this may not work. Examples are eBay and maybe foreign auction companies with a brick-and-mortar presence in the U.S.</p><p><br /></p><p>I’ve made many coin purchases from outside the U.S and, except for eBay, never had VAT or sales tax added to the invoice.</p><p><br /></p><p>Payment fees can vary quite a bit depending on seller. Some will take Visa or PayPal with little or no extra charge. Some will take an international money order or cashier’s check; the cost of these will depend on your arrangement with your bank. Virtually all will take a wire transfer; the cost of this will depend on your arrangement with your bank.</p><p><br /></p><p>One thing I’ve discovered with wire transfers to UK, EU and Japan is there is a somewhat hidden landing fee that doesn’t popup until near the end of setting-up the transfer. Usually, it’s around $10 but in the foreign denomination. Then I have to go back and recalculate the whole thing.</p><p><br /></p><p>Always consider money transfer costs when buying from outside the U.S.</p><p><br /></p><p>Cal[/QUOTE]</p><p><br /></p>
[QUOTE="calcol, post: 25379338, member: 77639"]If you live in a state that charges sales tax on coins, you can more than make-up for a higher than usual buyer’s premium with tax savings when buying overseas. For example, my state charges 8% sales tax. So, if I buy in an auction outside the U.S with a buyer’s premium of 20%, that is effectively reduced to 12%. There may some circumstances where this may not work. Examples are eBay and maybe foreign auction companies with a brick-and-mortar presence in the U.S. I’ve made many coin purchases from outside the U.S and, except for eBay, never had VAT or sales tax added to the invoice. Payment fees can vary quite a bit depending on seller. Some will take Visa or PayPal with little or no extra charge. Some will take an international money order or cashier’s check; the cost of these will depend on your arrangement with your bank. Virtually all will take a wire transfer; the cost of this will depend on your arrangement with your bank. One thing I’ve discovered with wire transfers to UK, EU and Japan is there is a somewhat hidden landing fee that doesn’t popup until near the end of setting-up the transfer. Usually, it’s around $10 but in the foreign denomination. Then I have to go back and recalculate the whole thing. Always consider money transfer costs when buying from outside the U.S. Cal[/QUOTE]
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