Flying internationally with gold

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#1 Tue, Aug 23, 2011 - 5:20am
Mac Inger
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Los Angeles, CA
Joined: Jun 14, 2011
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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: Mac Inger on Nov 8, 2014 - 5:31am
Tue, Aug 23, 2011 - 8:14pm
Missiondweller
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San Francisco, CA
Joined: Jun 21, 2011
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I'd like to know too

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

Wed, Aug 24, 2011 - 10:25am
bern
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Joined: Jun 27, 2011
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,..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.

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