Message:

<p>[QUOTE=&quot;robp, post: 5418967, member: 96746&quot;]Quoting a numismatic item won&#039;t do any harm as it clearly identifies it as a coin. I&#039;m not sure, but it might have to be 100 years old or more to qualify for 5%. I have never imported a modern coin, but recall another discussion where someone was charged 20% for something more recent. Not sure how that went as I think the shipper might have been economical with the description. The metal is not important unless &#039;modern&#039; gold. Pre-1800 gold should attract import tax.</p><p><br /></p><p>The question of 180% is open to interpretation based on the below copied from the HMRC site.</p><p><br /></p><p>(b) a gold coin minted after 1800 that is:</p><ul> <li>of a purity of not less than 900 thousandths</li> <li>or has been, legal tender in its country of origin</li> <li>of a description of coin that is normally sold at a price that does not exceed 180 per cent of the open market value of the gold contained in the coin</li> </ul><p>A sovereign will normally sell for melt plus a small premium, so shouldn&#039;t attract tax. An individual may wish to spend a sum in excess of this 180%, but I think this is not viewed by the importing agent as relevant, because 95%+ of all sovereign sales fall well within the 180% - it&#039;s a coin traded mostly as bullion rather than a collectable item. The only exceptions to this I could foresee would be patterns such as the Victoria 1868 double florin, which would clearly sell at over 10x melt every time. I haven&#039;t imported a 4 figure sovereign for about 10 years, so the present rules (2013) may not have applied then, however, the last coin had the full value declared and was treated as investment gold by the courier, so must be assumed correct. If you want to insure something, then you have to declare the full value.</p><p><br /></p><p>There&#039;s nothing else I can think of that would normally attract a charge.[/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