Flying internationally with gold

3 posts / 0 new
Last post
Mac Inger
Mac Inger's picture
Offline
Joined: 06/14/2011
Hat Tips: 1
Posts: 5
Flying internationally with gold

Has anyone done it recently ? I know the topic has been discussed ad nauseam in other forums and i have read as much as i can... But wanted to put it up here for the fellow turdites to comment.

Im trying to fly about 30k worth of gold back to europe with me. I know that anything that has face value should be counted as such. 

Now, so i have it clear, is that 10k limit based on face value or spot value... ? What is the final word,..is gold and silver a "monetary instrument" ?

Copied from Customs website:  The requirement to import currency on a FinCEN 105 does not apply to imports of gold bullion.....What about exporting ?

Second,..if i report it as having more then 10k with me....what does that actually mean ?

Edited by admin on 11/08/2014 - 05:31
Missiondweller
Missiondweller's picture
Offline
Joined: 06/21/2011
Hat Tips: 2058
Posts: 368
I'd like to know too

If Eagles are confiscated I'm taking my Philharmonics to Europe

bern
bern's picture
Offline
Joined: 06/27/2011
Hat Tips: 1221
Posts: 265
,..is gold and silver a

,..is gold and silver a "monetary instrument" ?

Not according to Ben Bernanke.  Tradition!

On a more serious note, there is this:

https://help.cbp.gov/app/answers/detail/a_id/332/~/currency-%2F-monetary-instruments---definition-of-%22negotiable-monetary

Looks like Krugerrands are no problem (bullion coin), but Gold Eagles might be (nominal legal tender face value).  I'm not a lawyer.  YMMV.

__________________

PM Bug

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.
Topic locked
Syndicate contentComments for "Flying internationally with gold"