International postage for Silver

Discussion in 'Silver' started by Shamatti, Jan 17, 2014.

  1. Shamatti

    Shamatti Member

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    Would you post silver to the UK from Australia?

    If so, what sort of postage? Or would you use a courier? Are there any specialist companies that do this?
     
  2. swoydaz

    swoydaz Well-Known Member Silver Stacker

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    Look into Australia Post "Pack and Track" service.

    Make sure both parties are aware of "on costs" such as VAT and any other imposts.

    In addition to that, insure everything and take photos of the package after weight etc has been paid and stamped.

    Having said all that, both parties should ask if it's really worth it.
     
  3. whinfell

    whinfell Well-Known Member Silver Stacker

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    Note that silver imports into the UK now attract a high rate of VAT (~20%?).

    There are specialist bullion couriers like Brinks if you want good security.
     
  4. Shamatti

    Shamatti Member

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    Thanks guys. Just thinking out loud really. None of my options are good :(
     
  5. swoydaz

    swoydaz Well-Known Member Silver Stacker

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    The only way to learn is to think either aloud or within yourself.

    Plenty of members have done the same exercise.

    Plenty of members here to offer their thoughts.

    Unless it's a really special or unique deal it's often marginal.
     
  6. TreasureHunter

    TreasureHunter Well-Known Member

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    If you live in the UK, you should be able to find plenty of UK/EU merchants who sell Austrian PM products (this is what you wish, from what I understand). I guess it's not worth buying from too far away due to financial and security-related risks.
     
  7. sammysilver

    sammysilver Well-Known Member Silver Stacker

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    Never post anything that you can't afford to live with the loss of the item.
     
  8. Shamatti

    Shamatti Member

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    My problem is that I was planning on staying in Oz for life. Now I have to return to the UK. I have to get my stack there somehow! :(
     
  9. olifrated

    olifrated Active Member Silver Stacker

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    The only company I will use for international courier is Interparcel.com.au ( saying that I use them within oz as well )

    They use all the big courier companies at a lower price

    Pick up from wherever you book it from and fully tracked

    What's not to like .......you will pick up a VAT bill on arrival to the uk though ..... With silver

    I did ask this on another thread but is there a limit to what you can take back into the country with gold before you have to pay any import taxes
     
  10. Shamatti

    Shamatti Member

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    I haven't found anything outlining any limits. As long as it conforms to their description of investment etc.

    Still looking for loopholes on the silver. Can I class it as a personal possession? If so I can carry it in tax free as part of my "Repatriating my household and my personal possessions"!

    Problem then becomes hand baggage weight limits :/

    Nothing is ever easy is it! lol
     
  11. olifrated

    olifrated Active Member Silver Stacker

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    I wouldn't worry about hand luggage weights if you convert your stack to gold ..... Take it through in your pockets ...... Problem solved

    I would worry more about import taxes as even if taking through cash I am sure you have to declare over a certain amount ( not sure what that is )

    I am looking to go back for a visit soon and wouldn't mind knowing what these restrictions are as I could take some back with me ...... As long as I don't get slugged
     
  12. Shamatti

    Shamatti Member

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    After 3 telephone conversations with HM Customs and Excise I have been unable to find out anything of any use. Go figure! If they can't advise me, is there any hope?
     

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