Varietalis Posted August 28, 2013 Posted August 28, 2013 Does anyone have much experience of sending coins to the US for grading by NGC? I was thinking of sending off a few coins but then started to look into the customs and exercise regulations and OMG does it look complicated! It seems to revolve around OPR (outward processing relief) which is a convoluted method for avoiding paying import duty on your items once they're returned to you in the UK (after all they originated from the UK in the first place). If anyone does have experience of using NGC then I'd love to know if it is really necessary, or at least advisable, to actually do all the OPR paperwork. Quote
pies Posted August 28, 2013 Posted August 28, 2013 Why not get them graded in UK especially if they are uk coins Quote
Varietalis Posted August 28, 2013 Author Posted August 28, 2013 Why not get them graded in UK especially if they are uk coins as in, 'better the devil you know' Quote
pies Posted August 28, 2013 Posted August 28, 2013 As in they generally know more about uk coins and alot less hassle Quote
Gary D Posted August 28, 2013 Posted August 28, 2013 Why not use a UK agent.Krugerrland Ltd.unit 34095 wilton roadlondon, sw1v 1bz, United KingdomPhone: 07570352511Email: sales@krugerrland.comServices: Appraisals, Assists Collectors with Submissions, Collector SalesSpecialties: Bullion Coins, World Coins Quote
Varietalis Posted August 28, 2013 Author Posted August 28, 2013 Why not use a UK agent.Krugerrland Ltd.unit 34095 wilton roadlondon, sw1v 1bz, United KingdomPhone: 07570352511Email: sales@krugerrland.comServices: Appraisals, Assists Collectors with Submissions, Collector SalesSpecialties: Bullion Coins, World CoinsWow, thanks for the tip. I'll email them this week. Quote
TomGoodheart Posted August 28, 2013 Posted August 28, 2013 I resume you're planning on selling them in the US Varietalis?Otherwise CGS could be just as good: http://www.coingradingservices.co.uk/And here for a thread with comments about the service: http://www.predecimal.com/forum/topic/7811-cgs-trial/?hl=trial Quote
Varietalis Posted August 29, 2013 Author Posted August 29, 2013 Okay, so I've now had email replies from both Kruggerland Ltd and NGC. Kruggerland can indeed act as an agent for sending coins to NGC but their handling fees would, in my opinion, only make it worth while if you were looking to send bullion or similar very high value coins. NGC basically said they dispatch the coins with very low-key descriptions and values so as not to attract took much attention from the tax man. In short then I won't bother with the OPR paperwork as the relatively low value bronze coins I'll be sending won't warrant the hassle. I'll also keep each consignment quite small.However, if anyone out there is looking for an insomnia cure, or indeed wants to send a high value consignment to NGC, then it might be worth having a read through this:http://customs.hmrc.gov.uk/channelsPortalWebApp/channelsPortalWebApp.portal?_nfpb=true&_pageLabel=pageImport_InfoGuides&propertyType=document&id=HMCE_CL_000225 Quote
Gary1000 Posted August 29, 2013 Posted August 29, 2013 (edited) Also OPR has a time limit which you might struggle with having coins slabbed. Edited August 29, 2013 by Gary1000 Quote
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