Declaring PM coins at airport

Discussion in 'Gold Coins' started by dindu5585, Nov 15, 2011.

  1. dindu5585

    dindu5585 New Member

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    hi not sure if its discussed here but if i have 10 *1oz gold coins which have street value of ~$17,000 but face value of AUD$2000 (10*$200) ...would i need to declare the coin at customs when leaving australia?

    Thanks.
     
  2. wallynut

    wallynut New Member

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    Nope, PM coins are legal tender so only face value taken into account.
     
  3. goldpelican

    goldpelican Administrator Staff Member

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    From http://www.customs.gov.au/site/page4350.asp#e1283

    The form linked to explicitly states to exclude items such as jewellery not readily identifiable. This is more a case of if you intend to bring it back into Australia - if you're taking it out and not returning it, it's less than $10,000 AUD face value, so should be fine not to declare.

    Always worth checking directly with Customs though.
     
  4. Ozi

    Ozi Member

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