DEALER WARNING ON TRAVELING WITH SILVER AND GOLD! Is THIS the Right Silver to Avoid Confiscation??
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- Опубліковано 21 кві 2024
- In this video my bullion dealer discusses what could happen to your silver or gold if you try to travel with your precious metals. Tim Marschner of The Coin and Stamp Shop talks with a woman who is converting her silver bars--including an Engelhard silver bar and two Johnson Matthey bars--into constitutional silver (90% silver coins). She is preparing for a trip and wants the silver least likely to be confiscated. What would Tim do with his silver or gold if he traveled abroad? Is junk silver the best silver to have in your luggage when dealing with customs or airport security? The answers may surprise you! Never before has stacking precious metals been as important to do as it is today. Protect yourself from out-of-control governments, evil central banks, and the failing US dollar's grip as the world's reserve currency. Make sure you build a stack of silver rounds, silver bars, silver coins, and gold coins as essential barter and wealth preservation!
Tim Marschner
The Coin and Stamp Shop
300 Granite Street
Manchester, NH 03102
(603) 624-4400
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#TravelingWithSilver #TravelingWithGold #MovingPreciousMetals
I am a US citizen. I crossed the border from Costa Rica into Nicaragua in January with four 5 oz Sunshine bars. They confiscated all of them! I would have been fine if I had them in my pockets. I accidentally left them in my backpack!
You must consider the country before taking any risk. Nicaragua has had many issues in the past. I worked in export/import with customs experience for 16 yrs, and you get to know places where you wouldn't bring valuables in & out of.
You should know Nicaragua is a Comunist country with a dictadura
@@mikeladley5149I guarantee the border guards didn't confiscate the silver and hand it over to their superiors because they were concerned about drug trafficking. They stole it for themselves. Canada, maybe (though I've had no trouble in the past . . . before Trudeau started channeling Mussolini) but in any third world country, theft is the police's main source of income.
should own a jet then you can smuggle anything you like
@@mikeladley5149 Lined the pockets of the customs agents.
With the ongoing break down of the rule of law, everything of value is at risk.
The real problem is: this theif is LEGAL. they just have to split it with the Feds and they are cool to take your money.
People work hard to buy gold and silver, no matter what you bring or carry it shouldn't be confiscated. Confiscations is another way of somebody else stealing your heart working money.
and can you believe dan crenshaw is trying to get hr 1525 passed which would require conviction before government can spend the stolen money, trump cant
Civil asset forfeiture is cruel and fucked up. It's immoral as fuck and shouldn't be legal.
@@Plant_Parenthoodanything the government do is legal even when it is not in the law. The law is bullshit to apply on us, for them.
During covid we have seen how far they can and will go. A small preview of what could be coming.
This is one reason why 22k gold jewelry is so popular in India. Easy to travel with
Same with Thai jewelry. What is interesting, when I bought in Chiang mai I carried with me a brass slug and I knew the exact weight to the milligram. At each Chinese dealer, I'd ask them to weigh my slug, every single one was right on the money or weighed my slug a bit higher--absolutely trustworthy in Chiang mai, all of them.
yeah they dont confiscate jewelry but they do bars and coins
The TSA guy pulled every mint coin out of the tube and touched them with bare hands and then asked me what it was for. I’m not joking I was speechless. The only reply I could think of was “um it’s money like real money” and then he gave me a look like I just spoke a different language. Finally another TSA agent came over and told him to stop touching every silver coin with his hands and to let me go.
Are they all there?
@@splocal they only really search you and your vehicle if you travel near any borders. Oh I see you want to fly. Well your asking for trouble then.
Stupid question... why would they confiscate it? Because it is silver or gold? Why wouldn't they confiscate your Gucci handbag or other valuable things you bring? What am I missing?
@@nilov71 Don't give ideas
Some people are not used to seeing certain items and that sparks red flags to them. TSA are very twitchy about anything unusual and they have the right to do anything as soon as you join the line. You are in their hands it even says it on their policy.
Apparently that woman isn't familiar with asset forfeiture laws. The police will take EVERYTHING. They do not care whether it is junk silver, American Gold Eagles or cash or jewelry. If it has any value, the police will take it.
ESPECIALLY in Arkansas!! Never, and I mean NEVER admit to having cash or valuables if you get stopped in that state. There are numerous YT videos of people losing their cash and valuables after getting stopped with out of state license plates for simply traffic violations. I'm sure their are other states that do it also. BE CAREFUL and NEVER admit that you're carrying large amounts of cash or precious metals unless you don't want it.
I saw that happen to a Vet in Nevada. They took a good chunk of his retirement away. He had help getting it back but it took time.
First thing I thought when she made that comment.
They just aren’t smart enough to realize that it’s not worth more than face.
@@russelbrown6275Can you elaborate?
I traveled globally for almost 10 years snd I ALWAYS Carried a full roll of silver eagles and never claimed it nor had any issues.
I did get into a heated conversation with an ignorant TSA Agent at JFK when she removed the tube from my bag and was going to open it- I said no- get your supervisor!
She did- he came over and asked what it was. I told him it was a full roll of silver eagles, and that I am a professional coin collector that the world did not need to be open because it was sealed from the mint and I would appreciate not opening the tube. He said absolutely no issues whatsoever and he looked at the girl and said give him his role. Let him be on his way.!!!
Take charge always.
I've traveled to South America with three gold Krugerrands (1 oz), just keep it with my change. No one ever stopped me, or asked. I take it with me in case I ever lose my wallet, or can't access local cash abroad... there are always dealers that will buy it. Just for fun, I went to a few gold dealers in Peru - they offered me $300 under spot. I didn't sell, but they were willing to buy. It's an emergency fund in a compact form.
"I didn't sell, but they were willing to buy."
Sounds more like they were willing to steal it. 😕
@@edb3877 The dealers want to make money for themselves, they're not social welfare, they are in business.
They thought they had you 😂
You can’t take Indian currency in or out of the country, although I did get checked and was found to have about £30, they were going to take it off me but I said it’s to spend next year when I come back, they said ok and let me keep it; it would of been a different story if it had been a lot of money.
When I had to sell 1896 silver dollars, the spot was 23 the pawn gave me 15. I got them(3) back but learned a good lesson.
I took about 2500$ worth of silver to The Gambia. I had coins and rounds. I was fat and pregnant with two children. I was in a wheelchair. I was pushed through TSA. The detector did beep but I just said I have some metal coins that are beeping. No problem. However, once I got to Gambia, they checked me thoroughly, and it was no problem except for a begging security agent at the airport. I gave him two and went on about my business. I was moving to Gambia so I needed those coins. When the lights go out or your bank card don’t work, you can easily use the silver there. A jeweler will buy it easily there. And some people that know what it is will barter and accept as payment for market goods.
Very interesting story. I enjoyed reading it.
May the Lord Bless you greatly.
I worked tables for a long time, before college. Americans were in general so friendly and great tippers. A few times I was tipped in silver. One time an older guy from the US actually left me a Montreal Olympic Dollar he had been saving for years and wanted to give to someone who he thought would appreciate it.
Do you still have it¿
On a trip to Japan 4 years ago I had about 2 oz of gold on me. I was going to gift some of it. Customs asked if I had any gold, I said yes, I had to show them it. I had about 8-10 customs officers wanting to see my US 1/10 oz coins. They asked why I had it, and I told them I always carry some when I travel. They said, always, I said yes. They said OK and let me on my way. They were very nice about it all.
I flew from Australia to London with a 1 kg silver bar in my hand luggage, the customs at Sydney airport asked to look at it, but it seemed to be more out of curiosity. At the time (2018) it only cost $750 for the bar. I recently sold it in England for nearly double that, and bought 2 gold George V sovereigns, which are much easier to carry around for sure.
Hi Yankee thanks for the video. Here are my thoughts on the subject. I am an American ex patriot who has been living in Spain since 2009. I've been stacking since 2014, and have flown to and from Spain to the USA each summer, almost always travelling with metals. Long story short DO NOT TRAVEL WITH BARS. The bars is what grabs the attentions of the securtiy, who then call the cops when they see you travelling with metals. A few times the cops came and said no problem. The only time the cops came when I didn't have bars was when I had many coins in one bag. They called the cops that time because a lot of the coins were gold. Even then the cops didn't give me a hard time. (These examples have been me leaving the EU for USA). One time though I was stopped coming back into Spain at Madrid airport. The cops confiscated all my silver bars. I had 90 days to claim them. In the end I needed to hire someone to do this for me, as I had no idea what to do. I had to pay 21% import tax on the silver (at the spot price) and also I had to physically go back to Madrid airport to pick it up. They wouldn't send it in the mail, and I live 5 hours away from Madrid by car. That was the last time I will travel with silver bars. I got the bars in the end (I think it was about 200 oz) but it was a huge pain in the ass plus the money. They said they were going to "destroy" the material if I didn't claim it in 90 days.
I moved to Ecuador from the USA around 2009 and took about 50 oz silver in 5oz bars,American eagles, and Constitutional. I never had any problems going through customs. I just wanted some insurance. Also while going through TSA in the USA a fellow traveler has the agents ask him why he had a 100oz silver bar with him,he said he was his Grandfather's and had passed.They let him through.
That lady you interviewed is wise.. About ten years ago my brother -in-law brought his father's coin collection from Scotland to the United States. It was a whole brief case of sterling silver Shillings and Florins. When he went through customs they flagged is bag in the metal detector. They said, "we need to look at all your coins and make sure you aren't bringing gold out of the U.K." Once they saw it was not gold, they could care less. I think most of the customs agents would not have been able to tell what was silver and what was clad....After they saw it wasn't gold coins, they waved him right through.
Electro plate Ag with Au. Easy.
I.m Canadian and travelled within the country with my silver coin collection, it didn't have to go through customs. The person doing the bag scan for checked bags tore my backpack appart but when he saw it was a coin collection and not something else he passed it and I walked away with my 100oz of silver.
I had a cousin in North Carolina who wanted to sell his gold coins and I offered to buy them at a higher amount than the dealers would give him for them and we split the shipping. We were both happy, but it was an uninsured package with an ounce of gold in it. Arrived on time and with no issues, other than the regular wait at the border that all packages go through.
I recently sent 8 Morgan Dollars via registered mail to PCGS and it never even left my local post office before it was stolen. The USPS wouldn’t reimburse the insurance I paid for because I could not prove the coins worth….because I was sending them to be graded! This was the first time I had ever used registered mail in my life. I have sent hundreds of unregistered packages over the course of my lifetime and not one was ever lost or stolen.
Oh, God! What a huge bummer!
There are a lot of lowlife loosers working at USPS offices❗️ Probably he/she was a recent hire turned thief...👈🤨
Sad 😢 😊
I moved cross country and shipped out hundreds of ounces of both gold, sliver and 9 oz of paladium to 2 different depositories using USPS Registered Insured. The max insurance was $50K per package, so it was probably about 6 packages and every one made it the TX and MI depositories I use - no problem. You should have been repaid for insurance.
The USPS is absolutely the worst. Next time, get private insurance.
Thank you John (the Marine) for your service to our country. Tim and Yankee, nice job as always.
But if it was the Ukraine war ..what or who would he be serving?? What war has been service to the American people besides the revolutionary war, WWI & WWII?
I Appreciated his courage to go in harms way. But the Iraq War is a crime.
@@b1burck even WW1 and WW2 are pretty suspect.
@@JoshuaJUrban I agree but the Germans weren't going to relent..It's what the US did following WWII that was all about keeping the Shadow Gov't strong ..making the US dollar the global reserve currency status.. financing the military industrial complex..aligning with German/Nazi scientists
WW1 & WW2 were the same banker wars
I can't speak for other countries, but going into Canada you are required to declare any cash coins or currency valued over $10,000 CDN. For bars or rounds, it's valued by the ounce. For coins, it's face value so you can take 199 1 oz gold maples with a face value of $50......advantage to coins over rounds and bars.
Another thing about sovereign coins whether they are gold or silver they do have face value as well as spot value. Your choice but crossing borders is another thing as you stated.
Just a suggestion be aware of the conversion ratio. I remember in the service we had to exchange dollars for of CONTOUS dollars different color seals in the 1970's not sure now.
I saw a video where an American, who was working in Canada for a number of years. He had 8oz of gold maples.He call US customs before crossing. He head boss knew about s form they had for him to fill out.He was nervous as he approached the border naturally. When he arrived at the border, he informed border patrol his gold and the former that they have.The border patrol agents were not aware of such a form.They asked there head boss about this numbered form.The boss produced the form,he and they filled it out and the man went on his way to Florida with 16000$ of gold.It was considered an asset or commodity, I forget .But not currency. So better to call and ask,be informed. Don't take a chance.There's always a procedure
Sovereign gold is face value. You might have to fill out a 6059B also called a baggage form for what you have. No FINcen 105 form unless face value is over $10000 when coming into the US. help.cbp.gov/s/article/Article-1594?language=en_US
@@user-ps9bc9wf8v "There's always a procedure"
Yes, there is... AND a form for it.
I moved from the U.S. to England and brought here much of my silver in the form of 20-coin tubes of Silver Eagles. On three different trips I brought in about 6 tubes each time. I kept it in my carry-on and it was checked and never had a problem. The tubes weren’t even opened and inspected. There is no law against taking silver out of the country as far as I know. Bringing it in to England could be troublesome if stopped and inspected at the UK customs because it would need to be taxed.
Ouch!
YOur silver is not over 10k you are ok they wont take it.
Hearsay. Go to that governments website and get the facts don't listen to others advise about this unless one has researched and practiced/tested it out
Australia one can take as much bullion as you want.
@@Dutchy695 Is there a difference between bringing it in vs. taking it out of the country?
If you're traveling, I think gold jewelry that is worn will draw less attention. Especially since there's lots of fake jewelry, just by cursory inspection authorities would not be able to tell the difference.
I always travel with a one ounce gold eagle when I travel overseas. I just keep it in my regular coin pouch and no problems.
Its because its less than 10k usd they wont touch it.
@@um8440 It's because they don't know it's there. They aren't emptying people's wallets.
Semper fi I was in. From 89 96 also sgt desert storm oorah yut
03:40 She makes some good points and very valid concerns. I started stacking when I was in Germany, then took a civilian job in Korea. Silver is too heavy to pick up and move esp to take it on a on a plane. So I sold that stack. I kept my gold, about 6 oz in coins at that time. Put it in my laptop bag. At the airport they scan you and x-ray everything so of course they found it. The customs lady asked me what it was, I said my coin collection. Was worried for a moment but they let me thru with it. Wouldn't try that now. They make every excuse in the world to take wealth off people nowadays. My income tax bill was $5,268 for 2023. Hello? I have a net income of about 42,000 in retirement. Crazy.
I took 2 tubes of 20 x 1oz buffalo rounds. Got stopped at customs and asked me if I had batteries in my bag, told them they were silver,. Opened 1 tube and said have a nice day, also told me that they had never seen that and thanks for the experience. The coins were in see through tubes as well, taped very well.
Was that coming into the US?
From where to where did you go sir? Planning to bring some coins from Canada to EU.
They were worried that they could be lithium batteries which could expload in flight.
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Even as i'm swiss living in Switzerland have a bit over 180 dollars face value in 90 percent us junk silver (dimes, quartes and half dollars). It took me more than 2 1/2 years to get it.
Do you mean it was difficult to get junk silver in CH? I thought that Swiss was full of silver and gold coins.
Thats an impressive collection!
@@ActiveTravelWestUSA
It was a bit difficult to find us junk silver but i have a lot of european junk silver. Now I've got over 400 ounces in 835 swiss junk silver face value over 3600 swiss francs. Beside i have over 1 kilogram fine silver in 5 DM and 10 DM 625 silver coins.
I'm English and keep the vast majority of my gold in a Swiss vault. LOL.
@@Drew-Dastardly cant get much safer than that! Lol
Hoo Rah! Brother! A sincere thanks you for your service!
It depends on what border you're crossing. If you're going to Canada you're better off with 999 or 9999 silver than 90%. Same goes for gold. If you're headed to Germany I know they have a tendency to seize anything valuable. Do your homework, know the laws and how they're enforced where you plan on going. Be very careful when you're traveling with metal. Some places are perfectly fine with you carrying it so long as it's under a certain value, other places are very likely to take your valuables.
Speaking from some amount of experience here; if you want to travel with metal buy it as jewelry. If you want a couple of thousand dollars in gold you're generally safer with it around your neck than in coins in your pocket or suitcase
I have read many comments from people who use gold chains as their emergency stash and never have an issue with doing
that. These cost more per oz. than gold bars or coins but they could end up being the best way to carry traveling money.
Actress Elizabeth Taylor was asked why she wore so much gold jewellery, she said I'm famous and wealthy so its no surprise if I carry hundreds of thousands of dollars on me and no one cares because they're used to seeing me with it on all the time. She did this as a store of wealth and way to go from country to country and no one asked anything. When travelling, gold chain and bracelet is a store of wealth on you all the time and none the wiser.
@@edb3877 Especially if traveling to several countries in one trip
Gold sovereign rings and necklace pendants are/were popular in the UK and India. I guess that is one way to travel with gold jewellery containing coins.
The DEA will confiscate large amounts of cash without pressing charges. It's very hard to get it back
Great video. Thanks for sharing👍
Great Video! Keep them coming.. Thank you!!
Yankee at the end that Marie’s face was priceless when he said you need a magnet on that love it thank you guys and the travel tips and packaging really informational
I traveled domestically with over 100lbs of silver through TSA. I asked the supervisor for a private screening and told him I was a collector. Looked through the loot with no issues at all. Yes I did take over 100lbs through TSA in a carry on and was told by the agent that the weight is the responsibility of the airline not TSA’s issue 😂
And... you can put a roll of those quarters into a sock and have a defensive weapon in non-permissive environment when travelling.
im glad tim is here great person.
he always says the facts thats real, keep saying the real info, thank you
You SHOULD be able to take your money with you wherever you go. Should isn't reality, though.
Well done as always.
I believe the word on our highways will not be Confiscate but Impound, never to be seen again.........Even with a receipt it will take a court case to get back what is belonging to the honest citizen
I have never thought about traveling issues. Thanks for a great educational moment.
I've flown 3 times with a lot of Silver. and WEIGHT!! I told truths had no issues with airlines..
Are the airlines the problem with this or is it the national customs services?
YOU ARE NOW ON LIST....
@@dr-rexmangrca113 oh I been on a LIST for decades then.. LOL!! Not worried, as all thing possible, I cashed it all in on HEROIN, COCAINE, WEED, & PROSTITUTES, its gone!
YOU GOT IT! Thank You. Constitutional 90% does NOT equal "Junk Silver" I was alive when they named it "Junk Silver" and it was any silver of any content that was not important. Including things like Silverware. The price on Silver was so high everyone wanted to sell some.
great video keep making them
The question, "When you gonna get a magnet on that." Almost sounded like an order. HA! Thanks for the video.
I won on the 150k stream and just wanted to express my gratitude to you, Yankee, and Silver Dave for the great prize! And also wanted you to know you were the inspiration to start stacking. I have 3 1/10th oz gold eagles and 200 ounces of silver so far, and it took me about 16 months to get it. FJB - TRUMP 2024
Trump won't save you ..he might give you some more free stimulus checks
Thank you for shaping. 👍
I take as many as 10 ASE's to Europe as gifts for my friends and colleagues, and I also purchase silver & gold coins, rounds and tokens as souvenirs to bring home to US. I make certain to have a receipt handy showing VAT.
take it in 24k jewelry
I flew to South America twice in the last year. Both times when going through security they zeroed in on the tube of 20 .999 silver rounds i had in my carryon. They took it out and verified it was silver and returned the silver to me. I think if it was gold it would have been a problem for sure. They are looking for gold bullion in airports.
Interesting one there Yankee. As a UK citizen I was surprised to hear that if Tim sent a package with Insurance and traceability that it may not get to the receipiant and probably taken by our friends at HMRC, (your IRS). As you may know Gold in the UK is Tax Free but have heard many horror stories of people who have bought Gold from Europe, the US and other parts of the world with the likes of DHL and UPS demanding a VAT payment of 20% before delivering the goods, and if you refuse to pay and complain it can take months before they relent and you get your Gold. Its a nest of vipers when it comes to shipping PM's over here so best buy from a UK dealer!!
I find all of this shocking! This reminds me of a company I used to buy from in the UK ( silver and gold jewelry and also gems ). Was no problem getting to me in the US but the returns were horrid!! I returned a rather large amount all at once bcs I figured it would save me on shipping and safer to not be lost. It took probably 8 months for them to receive it. I knew they did bcs I also included a gift to one of the presenters and they acknowledged it. BUT… they only said they got a portion of it back. Lost about $2000ish? Been awhile so I can’t recall the exact amount. Never did that again. I just couldn’t believe it!! Thought they were lying to me but now hearing this I’m thinking maybe customs took some? The company seemed like there was no concern on their part and refused to refund me what they hadn’t received and it was too late to use my bank for the difference since the purchases were over 6months. Yeah not so good. I included copies of all my receipts and highlighted the returns as well. The worst part is they advertise how easy returns are and if you don’t like the product then just send it back no questions asked. So you know what’s the risk of not seeing it in person first before buying. 🙈 Yeah my husband wasn’t too happy with me
I could never imagine myself trading in those beautiful bars for junk silver. Yikes.
Gospel of Matthew, chapter 6, verses 19-21:
"Do not store up for yourselves treasures on earth, where moths and vermin destroy, and where thieves break in and steal. But store up for yourselves treasures in heaven, where moths and vermin do not destroy, and where thieves do not break in and steal. For where your treasure is, there your heart will be also."
Amen!! Glad my heart is set on things above!
Very UN-civil asset forfeiture happens every day inside the US! If the laws that allow this "legalized" theft aren't overturned and the practice outlawed on a federal level...
Great show..........Tim when it comes to precious metals is a walking encyclopedia.
The service to the rough government that has destroyed the quality of life for the people its was supposed to support. Yeah thanks for your service.
Those engelhard bars are beautiful!
That's why I don't buy only coins and bullion, I also buy jewelry. I couldn't tell you how many times I came across jewelry 60 to 80% off in 2020 and then 2021 because people were so desperate for cash that I was able to build up my treasure chest a lot more
It's like how some of you will buy plastic tubes for American eagles which is fine but don't buy plastic tubes for your 90% silver, go to the bank and get paper ones because when the crap that hit the fan starts to settle you don't want to be carrying around plastic tubes in your pocket because you will put a Target on your back. Use paper tubes because it's discreet
So you cheated desperate people out of money....nice
Apparently that woman isn't familiar with asset forfeiture laws. The police will take EVERYTHING. They do not care whether it is junk silver, American Gold Eagles or cash or jewelry. If it has any value, the police will take it.
@@user-km3pk1pu7hthe U.S. Constitution doesn't care about their illegal asset forfeiture laws...stop fear mongering and gaslighting people.
That's a microcosm of what happens in a crash scenario, where all of wall street are desperate to liquidate their assets into dollars, which sends gold plummeting down by $200ish.
I gifted my youngest brother an ounce of silver that last time he was visiting from CA. I told him that I was nervous that it could be confiscated or ripped off by TSA if he threw it in the plastic container. He decided to hide it in his luggage and it was OK.
Apparently that woman isn't familiar with asset forfeiture laws. The police will take EVERYTHING. They do not care whether it is junk silver, American Gold Eagles or cash or jewelry. If it has any value, the police will take it.
Your paranoid.
1 ounce of silver? What 25 dollars worth! Paranoia
My own experience: Do NOT put anything of value in checked luggage. They scan it with a metal detector of some type while it is out of your sight. If a crooked airport employee scans your luggage and sees anything that looks like money or jewelry it will be gone! This has happened to me. I'm pretty sure the theft occurred during connecting flight luggage transfer at the Atlanta Georgia airport. The handmade necklace I had bought overseas as a gift for my daughter was stolen, and the zipper on my change purse had been opened. Though the change purse had been packed empty and put in an interior compartment they somehow knew it was there and opened it, obviously hoping to find cash. Another life lesson learned.
@@Millie.com232 My brother is a multi millionaire. It was a sentimental gift.
Necessary video. ✨️
Agree with all those who said it is counted as part of your cash allowance.
Agree with those who said some coutries charge tax on bars and non-sovreign coins.
I would not say if I travel with gold or silver. Never Answer Questions From Police When You Are Stopped By Them.
I hear you though you are asking for trouble , and I'm with you in that it shouldn't be the case , they work for the criminals, and there's a chance of them not playing cricket
Everyone in a power position in the USA is controlled directly or indirectly by organized crime groups.
It's often local..
They sell teens all over the USA. It's generational slaves for over a hundred years. 😢
Good stuff!
That Englehard bar is a nice piece
Best bullion store channel till now.
Yankee
I have to say some of the most interesting people always find their way to Tim's.
Cheers 🍾🍾
INDEED!!
@@YankeeStacking they are attracted by the two of you... the best in the business... timyankee2024
Imagine getting pulled over and the cop just sees the back seat full of kilo bars.😂
Traveling in a USA PARKING LOT is dangerous.
There is a procedure for traveling with precious metals. I suspect the horror stories come from people trying to stealth metals through.
yeah that's it. some countries also classify silver as industrial metal meaning regular import tax with bars and round like this.
That happens when you're not Goldfinger!
They can procedure these nutts.
Fedex is good😅😅😅
Check with TSA.gov for procedure. Fed Ex is not a good option. They do not insure your Bullion. USPS registered mail is best and Bullion must be packaged very specifically.
If it comes to the point where the power is off, money is the least of your problems.
Silver and gold are considered as monetary assets in the EU. When traveling to the EU, ALL of the monetary assets, including cash, you have on you cannot exceed €10,000 or you must declare it beforehand. Precious metals are calculated at the current spot price in €. Some people like to travel with a few gold coins in their possession in case they get stranded somewhere and ATMs and/or banks may be closed because of some black swan event. That’s fine, but remember that effects how much fiat you can legally hold with you as well. Two 1oz gold coins in your wallet @€2200 per coin, means you’re restricted to carry only €5600 upon entering the EU. If you have more than that and get inspected, you risk legal consequences which could easily lead to potential confiscation.
Hello Yankee.. Regarding customs gold confiscation, My wife and I are Americans that live outside of the US. This causes difficulty for stacking as you can imagine, but we have found a solution. We buy bullion gold jewlery. Specifically, 24kt bangles and bracelets. Although the premium is a little more, we have no issues travelling because it is jewlery. Fact is, we have entered the US with over 30K in gold without question. you can also attach the 1 oz Proclaim Liberty Gold Bar SD bullion offers to 14 kt gold chains and you instantly have jewlrey which does not qulaify as bullion like coins or bars. There are always ways around the rules. Good stacking.
This is why ornaments, jewelry with silver coins, belt buckles and in shoes. Not just in, but adorned
We have to declare anything over 10 thousand. If gold ever goes to it's true value, we'd probably have to declare or only take an ounce or two! Great video Yankee 🎉
Except the loop hole of the face value. $50 for a Gold Buffalo for eg. So that's 200 Ounces 😊
I didn't realize they had that loop hole 😊 that's helpful!
That englehard bar had me drooling
lol Tim starts us off with a classic joke. Love it!
Good one this sunny day my friend. No one I know ships with a outright decleration on whatnthe package is or can be shakin and make that wonderful sound that we love so much. I have never insured a shipment and generally use $63.00 as a value. 8 years now and nothing has gone astray or any other misshap. What they don't know can't hurt them is my thoughts behind that. Aparantly you need to bring a magnet in for Tims safe. I get the universal ones from our office supply. This fella is too big to ignore eh, LOL.
Very intelligent lady
Market Basket! I love those Stores! Price Chopper, Shaws, and Hannafords can kick Rocks.
I go overseas once a year.and always bring a few silver dollars, and small gold coins . I never get hassled. Of course I don,t go around telling or advertising it either.
Love the bumper sticker on the wall ❤
Traveled to Europe on occasion and carried a few 1 ounce rounds. Checking on the reporting requirements, gold and silver is not considered "cash" and does not need to be declared. Carrying $10,000 or more requires paperwork, but still is not illegal.
You two are one of the kind! Urrah!
Cool subject 😎
DURING MY TWO TOURS OF COMBAT DUTY IN VIETNAM 1965-1969 I BOUGHT HUNDREDS OF TROY OZS. IN SILVER BULLION FOR 1.58 TROY OZ. ON THE BLACK MARKET IN SAIGON. I REGULARLY MAILED THE SILVER BACK TO THE STATES NEVER ONCE HAD ANY PROBLEMS. I STILL HAVE THAT CHEAP SILVER IN MY MOUND OF SILVER SOVEREIGNS AND BULLION.
Back then people didn't steal, especially the mail.
This is why I make investment jewelry. They don't confiscate jewelry.
No, they aren't sufficiently desperate enough to do that... yet!
Interesting topic.
I asked my dealer how much value I would lose if I drilled a hole in a gold ounce, put it on a thin chain, and called it jewelry, and tried to sell the coin to him. He said 5% loss over undrilled bullion price. I don't mind losing 5% if I was sure I could get away with it....
The government never plays by the rules tho...
Put your coin on a bezel and make a necklaces out of it. No need to drill .
Put it in a bezel.
garden girl
Put your coin in a bezel. Make a necklace out of it. No need to drill.
@@richardmanningjr2637 thank you. I looked it up. There are beautiful ones for sale online.
I believe silver will one day will be worth carrying for currency.
No, I wouldn't travel with my metals. Someone else may decide they want them more than me 🤔
No Place Like Home! Thanks for the video guys.👍 God Bless
Thanks for watching!
@@YankeeStacking Always a pleasure my friend.
Very educational honest discussion about travelling with gold. Don't do it, unless you like donating to your hosts.
I recently traveled via air with $150 face value of constitutional silver that I had bought in a few different coin shops during my vacation. No issues getting it all home, but the x-ray machines weren't able to penetrate my bagged silver, so TSA did flag my carry-on for searching. They didn't confiscate anything, but all travel was in the US. If I'd traveled internationally and with silver bullion, it might have been a different story. Customs in any country might want to know why you're travelling with precious metals, as it's basically, non-traceable money.
Every country has their rules on silver/gold coins and bars. Most countries do not confiscate declared legal goods including gold and silver. You may have to pay import tax/duty. What's even more true is that most countries do not practise civil forfeiture as they do in the US. It's actually a lot safer to travel within most countries than it is in the US due to the civil forfeiture practices here.
@@ptaeiy Years ago, I knew a greenhouse wholesaler that traveled the US buying plants, flowers, etc. at bargain prices because he always carried cash to make his purchases. I don't remember which US state he was in, but he got pulled over by a canine police officer for a broken taillight. After asking the wholesaler for his registration and proof of insurance, the officer asked if he was carrying any illegal drugs or large amounts of cash. Since he had nothing to hide he said, "Yes, I'm carrying about $15,000 in cash."
The officer then asked to see the money. The man pulled it out of his glove box showed it to the officer. At that point, the officer went back to his car and brought his drug dog to the vehicle. The dog immediately got a "drug positive" hit on the money. The officer then told the wholesaler he was confiscating the money because it was now considered drug money. The wholesaler was not arrested nor ticketed, but it took him nearly a year and several thousand dollars in lawyers fees to get his money back. The civil forfeiture laws in the US are being used as an excuse to rob the public.
@@rvalens2 He should count his blessings to get it back in one year. Many are still fighting for their hard earned money after many years. There was a story in GA that the local PO and ATF would routinely seize your cash and tell you to go or miss your flight. Most ppl would get on the flight thinking there was a misunderstanding and they'll get their money back later. Nope, they never get them back. The PO and ATF sees those seized cash as teir revenue stream. google *Flying with cash? Law enforcement can seize your money without telling you why.*
Reminds me of the Knights Templar encryption system. They had an encryption algorithm that allowed them to deposit their coin at Banker A, then Banker A would encrypt a key and give it to the traveler. Then the Banker would arrive at his destination and talker to Banker B giving him the encryption code to convert their algorithm back to coin.
The crypto coin, PAXG, supposedly allows you to convert their crypto into gold in London- a limited version of the Knight's Templar system. It'd be nice to see this more wide spread to allow you to travel safely with your metals. ...no affiliation.
Thank you Tim and Yankee blessings 🙏🏼🕊️
John 🫡 Thank you for your service sir 💝👍🏼
Bah-stun accent. 😆
I have been traveling in Europe with a tube of silver Philharmonics in my backpack. It turned up on the x-ray in the airport and I was called to the side. They wanted to know what I had in my backpack, as all they could see was a black rectangle. They even showed me the x-ray of it.😁
The silver Philharmonics are legal tender with a value of 1.50 € each so it is money. So if I am allowed to the 10.000 in cash I would do it with Philharmonics in Europe.
I've traveled several times with 1/4 gold eagles mixed in with other coins TSA was none the wiser.
The *_#1 RULE_* when carrying large quantities of silver is *_DON'T TRY TO SWIM!!!_*
I won just ten ounces of gold at a cassino from a coin pusher, and rather than travel with it. I mailed it home, and we g got stopped by cop right outside the Nevada state line. They tore the car apart , looking for that gold. Drug dogs, everything they even took apart the engine and left us unable to travel . We flew home the gold was waiting.
The car was brought back . In pieces and our mechanic found over half the parts were not from my sister's car.
So they were going to take the gold if they found it
I traveled from Germany to the US with several hundred ounces and had no problem. TSA told me I didn't need to declare precious metals because it wasn't cash. I would advise declaring it unless you have a really small amount that looks like pocket change.