KOTCT

Castle Courtyard => General Discussion / Questions => Topic started by: AdamL on June 01, 2009, 11:30:27 AM

Title: Question on foreign bullion purchases.
Post by: AdamL on June 01, 2009, 11:30:27 AM

I'm just wondering if there are any issues with things like taxes that one should know about when ordering coins from a foreign country. I'm particularly talking about bullion coins from Australia or Canadian Maple Leaves and that sort of thing.

Title: Re: Question on foreign bullion purchases.
Post by: Goose on June 01, 2009, 04:01:03 PM

Adam, I've purchased some silver coins from Australia, South Africa, and Singapore without any taxation. True, my puchases were only from 1 to 3 coins, so I don't know about bullion in quantities.

Title: Re: Question on foreign bullion purchases.
Post by: Triggersmob on June 01, 2009, 10:22:53 PM

All I know is that you buy it 10% cheaper than we do. (no GST)

Title: Re: Question on foreign bullion purchases.
Post by: TwoShadows on June 03, 2009, 09:15:40 AM

I have purchased coins from all over the world and would advise you to SHOP AROUND before purchasing. And, in many instances, it is cheaper to have a forum member pick the coin up for you and then ship it over at a more reasonable price. I currently collect Australian Kangaroos, Australian Koala's, Chinese Pandas, U.S. Eagles, and Austrian Philharmonics. Throw in a Canadian Maple Leaf now and then and I am a happy camper. I do, for some odd reason, really like 1/2 ounce bullion coins. Canada had the Wolf for one year only so they now bring a premium on Ebay (Until I can finally get them all) and Australia offers the Koala in 1/2 ounce. Really some nice bullion coins out there so enjoy the hunt!!!