Topic: ► ❎ ► LEALANA PHYSICAL LITECOINS FOR SALE - RESUMING SALES!!! - page 48. (Read 133740 times)
When shipping Canada/US and vise-verse I'm pretty sure there is no tax or customs on bullion. But it obviously has to be declared as such.
I can't wait for these, I'm definitely picking up some.
Great looking coins!
Great looking coins!
Why not just send it as a gift and send the invoice by email ?
1. thats kinda fraud
2. In the UK atleast if the value is over a certain (low) amount then it can still be taxed even if it is a gift
3. If you marked the value low enough to slip through the radar untaxed but the parcel goes missing... compensation will be below item value.
Number 3 is the price you pay for not getting raped by the government.
Scam scam scam! You can again delete my post, but i will always get back to SAY TRUTH ABOUT YOU!
People this is scam! Dont be a sheep, dont pay in front anything!!!
Do you have some facts to backup your baseless claim? I don't see anything that suggests you do. People this is scam! Dont be a sheep, dont pay in front anything!!!
I'll be in as well. Very nice.
These look beautiful! I'm in... let us know when you're taking orders.
Why not just send it as a gift and send the invoice by email ?
1. thats kinda fraud
2. In the UK atleast if the value is over a certain (low) amount then it can still be taxed even if it is a gift
3. If you marked the value low enough to slip through the radar untaxed but the parcel goes missing... compensation will be below item value.
I'm just hoping I can mine enough btc/ltc before everything is spoken for. 
Why not just send it as a gift and send the invoice by email ?
From my point of view, it would be great if someone in Europe (molecular?) could handle the importing of those coins. In this particular case, I would possibly also consider ordering a 0.5 BTC Casascius coin from them with the same shipment. Since I'm in Austria, it would be far less hassle to have the shipping from Germany than directly from the US, and having to deal with customs myself.
If there will be any limit on the coins per person put up, I will gladly let them order my share in case a deal can be made.
If there will be any limit on the coins per person put up, I will gladly let them order my share in case a deal can be made.
it box had the invoices from AMD in them ( AMD send 1000s of gpus out each year I would have guessed they know what they were doing )
I sent an email to customs and excise ( in the uk ) asking how much import duty I would have to pay on 2 coins told them the weight 99.9% fine silver coin
and the reply was I would have to pay 20% vat on the price I paid including postage + 5% handling fee +£18.99 for shipping from the customs warehouse
I work out the total cost as
£100 for 2 coins (50ltc)
£15 for shipping from the us
£23 for vat
£8 handling fee
£19 postage from customs
total price for 2 coins in the uk is £165
and the reply was I would have to pay 20% vat on the price I paid including postage + 5% handling fee +£18.99 for shipping from the customs warehouse
I work out the total cost as
£100 for 2 coins (50ltc)
£15 for shipping from the us
£23 for vat
£8 handling fee
£19 postage from customs
total price for 2 coins in the uk is £165
And this, my friends, is why there should be an "invoice" (not just value declared on customs form CN 23 or whatever) (doesn't have to be on package, can be simple printout I take to the customs office). My experience with casascius coins was that customs kept asking for some "proof of payment" or "payment receipt". That's why I suggested to Mike (he didn't react to that yet) he should issue 2 invoices. 1 for the silver value + slight premium (pay through paypal or bitpay, so there's some payment receipt) and 1 for the "loading with btc" and his fat premium as a "loading charge" or whatever.
I have had a lots of dealings with uk customs and I have found that no mater what is put on the invoice they charge random amounts
( I hade 5 boxes with 4 7950 gpus arrive from the us and I had different custom charges on each one yet they were all the same
)Just make it easy for them and include a proper invoice. That way they have an official document they can use to value the products.
EDIT: example of simple invoice: http://sbinfocanada.about.com/od/management/a/Simple-Invoice-Template.htm
also: There are these red plastic document wrappers that stick. They can be attached to the outside of packages to make it easy for customs. I think they even have a rule you should use these.
I sent an email to customs and excise ( in the uk ) asking how much import duty I would have to pay on 2 coins told them the weight 99.9% fine silver coin
and the reply was I would have to pay 20% vat on the price I paid including postage + 5% handling fee +£18.99 for shipping from the customs warehouse
I work out the total cost as
£100 for 2 coins (50ltc)
£15 for shipping from the us
£23 for vat
£8 handling fee
£19 postage from customs
total price for 2 coins in the uk is £165
and the reply was I would have to pay 20% vat on the price I paid including postage + 5% handling fee +£18.99 for shipping from the customs warehouse
I work out the total cost as
£100 for 2 coins (50ltc)
£15 for shipping from the us
£23 for vat
£8 handling fee
£19 postage from customs
total price for 2 coins in the uk is £165
And this, my friends, is why there should be an "invoice" (not just value declared on customs form CN 23 or whatever) (doesn't have to be on package, can be simple printout I take to the customs office). My experience with casascius coins was that customs kept asking for some "proof of payment" or "payment receipt". That's why I suggested to Mike (he didn't react to that yet) he should issue 2 invoices. 1 for the silver value + slight premium (pay through paypal or bitpay, so there's some payment receipt) and 1 for the "loading with btc" and his fat premium as a "loading charge" or whatever.
I have had a lots of dealings with uk customs and I have found that no mater what is put on the invoice they charge random amounts
( I hade 5 boxes with 4 7950 gpus arrive from the us and I had different custom charges on each one yet they were all the same
) Yes, ~$40 per coin for this first batch. I suppose I will put on the customs form "collectibles" or something similar. The postal service has issues with exporting any legal tender coins, so saying "coins" may be a problem. I have encountered that issue in the past.
If you left the coins unfunded until after they had passed through customs, you could declare about a $10 value per coin, and mark it as Collectable. You could probably declare them as $10 even funded, because I'm not sure how the post office would value Litecoins, but that could get messy I suppose. Also, that way, if something happened in transit, either the package got lost, or some jerk of a customs agent decided to keep the coins, your buyer would at least get 10 LTC back. From experience, the only time that I've ever had a package lost while shipping silver was sending it to Europe.
customs know about this trick. Just declare some low value to save on taxes. While it's certainly plausible in this case, it would save a lot of hassle (and risk) if you had a payment receipt (or at least proper invoice) of that value.
EDIT: not all customs people are stupid or lazy. I had this one lady... she looked up the price of a bitcoin. I was sweating blood, I can tell you.
Yes, ~$40 per coin for this first batch. I suppose I will put on the customs form "collectibles" or something similar. The postal service has issues with exporting any legal tender coins, so saying "coins" may be a problem. I have encountered that issue in the past.
We use "collectible tokens" for our shipments.
Good to know. thanks.
I sent an email to customs and excise ( in the uk ) asking how much import duty I would have to pay on 2 coins told them the weight 99.9% fine silver coin
and the reply was I would have to pay 20% vat on the price I paid including postage + 5% handling fee +£18.99 for shipping from the customs warehouse
I work out the total cost as
£100 for 2 coins (50ltc)
£15 for shipping from the us
£23 for vat
£8 handling fee
£19 postage from customs
total price for 2 coins in the uk is £165
and the reply was I would have to pay 20% vat on the price I paid including postage + 5% handling fee +£18.99 for shipping from the customs warehouse
I work out the total cost as
£100 for 2 coins (50ltc)
£15 for shipping from the us
£23 for vat
£8 handling fee
£19 postage from customs
total price for 2 coins in the uk is £165
And this, my friends, is why there should be an "invoice" (not just value declared on customs form CN 23 or whatever) (doesn't have to be on package, can be simple printout I take to the customs office). My experience with casascius coins was that customs kept asking for some "proof of payment" or "payment receipt". That's why I suggested to Mike (he didn't react to that yet) he should issue 2 invoices. 1 for the silver value + slight premium (pay through paypal or bitpay, so there's some payment receipt) and 1 for the "loading with btc" and his fat premium as a "loading charge" or whatever.
Yes, ~$40 per coin for this first batch. I suppose I will put on the customs form "collectibles" or something similar. The postal service has issues with exporting any legal tender coins, so saying "coins" may be a problem. I have encountered that issue in the past.
We use "collectible tokens" for our shipments.
Yes, ~$40 per coin for this first batch. I suppose I will put on the customs form "collectibles" or something similar. The postal service has issues with exporting any legal tender coins, so saying "coins" may be a problem. I have encountered that issue in the past.
If you left the coins unfunded until after they had passed through customs, you could declare about a $10 value per coin, and mark it as Collectable. You could probably declare them as $10 even funded, because I'm not sure how the post office would value Litecoins, but that could get messy I suppose. Also, that way, if something happened in transit, either the package got lost, or some jerk of a customs agent decided to keep the coins, your buyer would at least get 10 LTC back. From experience, the only time that I've ever had a package lost while shipping silver was sending it to Europe.
My intentions were never to fund the coins before I shipped them as stated in the OP.
It is something I could try. No promises. If there is a loophole I can use then perhaps I will go that route declaring of the spot price of silver of the contents.
I plan on requiring all packages be shipped via registered mail. Then I can truly verify that someone got their coins as opposed to them just claiming they did or didn't. It removes the BS essentially.
feel free to post a link to this thread on www.altcointalk.co.uk site will be fully up and running soon
You are more than welcome to post it. Sorry just been really busy getting everything organized for launch.
Thanks for this.
Yes, ~$40 per coin for this first batch. I suppose I will put on the customs form "collectibles" or something similar. The postal service has issues with exporting any legal tender coins, so saying "coins" may be a problem. I have encountered that issue in the past.
If you left the coins unfunded until after they had passed through customs, you could declare about a $10 value per coin, and mark it as Collectable. You could probably declare them as $10 even funded, because I'm not sure how the post office would value Litecoins, but that could get messy I suppose. Also, that way, if something happened in transit, either the package got lost, or some jerk of a customs agent decided to keep the coins, your buyer would at least get 10 LTC back. From experience, the only time that I've ever had a package lost while shipping silver was sending it to Europe.
My intentions were never to fund the coins before I shipped them as stated in the OP.
It is something I could try. No promises. If there is a loophole I can use then perhaps I will go that route declaring of the spot price of silver of the contents.
I plan on requiring all packages be shipped via registered mail. Then I can truly verify that someone got their coins as opposed to them just claiming they did or didn't. It removes the BS essentially.
feel free to post a link to this thread on www.altcointalk.co.uk site will be fully up and running soon
Yes, ~$40 per coin for this first batch. I suppose I will put on the customs form "collectibles" or something similar. The postal service has issues with exporting any legal tender coins, so saying "coins" may be a problem. I have encountered that issue in the past.
If you left the coins unfunded until after they had passed through customs, you could declare about a $10 value per coin, and mark it as Collectable. You could probably declare them as $10 even funded, because I'm not sure how the post office would value Litecoins, but that could get messy I suppose. Also, that way, if something happened in transit, either the package got lost, or some jerk of a customs agent decided to keep the coins, your buyer would at least get 10 LTC back. From experience, the only time that I've ever had a package lost while shipping silver was sending it to Europe.
My intentions were never to fund the coins before I shipped them as stated in the OP.
It is something I could try. No promises. If there is a loophole I can use then perhaps I will go that route declaring of the spot price of silver of the contents.
I plan on requiring all packages be shipped via registered mail. Then I can truly verify that someone got their coins as opposed to them just claiming they did or didn't. It removes the BS essentially.
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