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<p>[QUOTE="Spaniard, post: 4790985, member: 90248"]Just had a reply back from Marta Roldan....Head of Aeternitas Numismatics...</p><p>Thought I'd pass on the information....</p><p><br /></p><p>Well, the law is not new. At least in Spain was approved in 1985. But I think in the last times the goverments is forcing to accomplish it more than in past years. </p><p><br /></p><p>According to the Spanish law (other EU countries laws are similar) an "out of EU" customer must pay a 5% of the value of the coin if the price of it is below 6000 eur (percentage increase for higher prices). That 5% must be paid to the Culture Department, who will extend the appropiate export permit. The time necessary to extend that permit depend on each country. In Spain goes from 15 days to 40 days. So, theorically, an "out of EU" customer must wait 15 to 40 days before its coin be shipped and pay a 5% of the value of the coin.</p><p>Export permits are approved in the great majority of the cases. In the case of Spain, only very high rarity Spanish coins (very expensive accordingly) can have a risk of permit denial.</p><p><br /></p><p>Best regards!</p><p> </p><p><i>Marta Roldan</i></p><p><i><b>Aeternitas Numismatics</b></i>[/QUOTE]</p><p><br /></p>
[QUOTE="Spaniard, post: 4790985, member: 90248"]Just had a reply back from Marta Roldan....Head of Aeternitas Numismatics... Thought I'd pass on the information.... Well, the law is not new. At least in Spain was approved in 1985. But I think in the last times the goverments is forcing to accomplish it more than in past years. According to the Spanish law (other EU countries laws are similar) an "out of EU" customer must pay a 5% of the value of the coin if the price of it is below 6000 eur (percentage increase for higher prices). That 5% must be paid to the Culture Department, who will extend the appropiate export permit. The time necessary to extend that permit depend on each country. In Spain goes from 15 days to 40 days. So, theorically, an "out of EU" customer must wait 15 to 40 days before its coin be shipped and pay a 5% of the value of the coin. Export permits are approved in the great majority of the cases. In the case of Spain, only very high rarity Spanish coins (very expensive accordingly) can have a risk of permit denial. Best regards! [I]Marta Roldan [B]Aeternitas Numismatics[/B][/I][/QUOTE]
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