Gold Import Duty in UK

[HeavyT]

Hi,

I've got my eye on a couple of gold sovereigns from an eBay seller based in the US. Does anyone know if I would I be required pay any import duty or would this be exempt?

Many thanks.

[azda]

Import duty on everything outside the EU

[Peckris]

Hi,

I've got my eye on a couple of gold sovereigns from an eBay seller based in the US. Does anyone know if I would I be required pay any import duty or would this be exempt?

Many thanks.

This, from http://www.dutycalculator.com/dc/102145330/antiques-collectibles/coins-stamps/investment-gold-coins/import-duty-rate-for-importing-gold-sovereign-coin-uk-from-united-states-to-united-kingdom-is-0/

"Import duty & taxes for Gold sovereign coin UK

The import duty rate for importing Gold sovereign coin UK into United Kingdom is 0% , the import VAT is 20%, when classified under Business & Industrial → Precious Metals & Stones → Investment Gold Coins with HS commodity code 9705.00.0090"

Edited August 6, 2014 by Peckris

[Peter]

Tell the seller to call them metal tokens.Over 300 years and it will be FOC.

I've paid duty once and the bloody coin was over 300 years old...there is a time limit to reclaim.

[azda]

Otherwise as k the seller to send it as a letter and. to a Package or packet this way it will come straight through customs, i've had this several times from dealers in the USA and the German zoll let it go straight through the System.

Only packets and such like are pulled here, letters are'nt. Wrapped between to pieces of coragated cardboard should protect the contents and save £20

[HeavyT]

Peckris - I didn't realise there were potentially two charges: import duty and VAT. I've just tried out that Import & Taxes calculator and it suggests there would be a £16 VAT charge if I bought a Sovereign worth $500. I guess that's not too bad but I might just try what Peter and Azda have suggested about asking seller to send as a letter and mark contents as metal token.