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RE: Visit https://www.SolidMetal.shop - Fully Integrated STEEM&SBD shopping for precious metals, collectibles and jewelry! We also take bitcoin, lite, eth, btc cash and more!

in #steem6 years ago

More or less, but this is not the kind of thing you throw into an envelope and send to say, Venezuela. Also over certain amounts, 10K, I believe, you have to file IRS forms here. Further, for most items I sell, unless you are gonna spend 10 big, you're better off not paying shipping from the usa, and sourcing closer.

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It's ambiguous if you go through airports though. Government minted coins, such as the silver eagle with a face value of 1 dollar, have technically a legal tender of 1 dollar. You can buy stuff with it worth 1 dollar. So in theory you should be able to carry 10,000 units of them. However, as a precious metal, they have a value of $145,000 (by the recent spot prices). So it's up to the customs agents and their level of ignorance (like what is silver) whether they want to consider the spot price or the face value, and whether they want to annoy you or not. I haven't found a definitive answer for this dilemma.

And by this dilemma you mean the frequency with which you transport one hundred and fifty thousand dollars worth of junk silver coins across international borders in your carry on?

The dilemma is the technicalities of the issue, face value vs metal value. And please don't insult my silver, mine is no junk 🤑

lol, nice