Flying with precious metals: Do you have to declare gold at the airport? How much of it can you carry to the USA and internationally? Learn in this video! // Subscribe to our channel for more tips 👉
If you own physical precious metals, whether it be coins or even bullion, there may come a time when you need to fly with it.
(Unless they are in your Gold IRA account, which you wouldn’t have to actually carry around.)
The question arises as to whether you have to declare your gold at the airport. We all know regulations exist and can often be tricky to navigate.
So today, we’ll cover the following:
– can you travel with gold and silver bars and coins
– how much of it can you carry to the USA
– TSA regulations with precious metals on domestic flights
– how much gold is allowed on international flights
Full article:
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TIMESTAMPS:
00:00 Intro
0:49 Traveling into the U.S. with gold
3:33 Gold Rules on Domestic Flights (USA)
5:17 Main Tips When Flying With Gold
6:06 Frequently Asked Questions
#gold #goldtips #preciousmetals
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Disclaimer:
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Do You Have to DECLARE GOLD at the Airport? (USA & Internationally)
Traveling with precious metals, such as gold, can raise a lot of questions about customs regulations and whether or not you need to declare your gold at the airport. Whether you’re travelling within the United States or internationally, it’s important to understand the rules and requirements when it comes to transporting gold.
In the United States, the general rule for customs regulations is that anything worth more than $10,000 must be declared when entering or leaving the country. This includes gold coins, bars, and other gold items. Failure to declare gold or any other valuable items can result in fines and confiscation of the items.
For international travel, the rules can vary by country. It’s important to do your research and check the customs regulations of the country you are traveling to. Some countries have strict restrictions on the import and export of gold, and failure to comply with these regulations can result in severe penalties.
When it comes to carrying gold in your carry-on or checked luggage, it’s important to be aware of the weight limit and security restrictions. Gold is a valuable and dense metal, so even a small amount can be quite heavy. It’s best to contact your airline before traveling to understand their specific policies on carrying gold. In some cases, you may be required to provide documentation or proof of ownership for the gold you are carrying.
If you are carrying a large amount of gold, it’s recommended to declare it to customs officers to avoid any potential issues or delays at the airport. Even if you are not legally required to declare the gold, being transparent about what you are carrying can help avoid any misunderstandings or suspicion from customs officials.
It’s also important to consider the security risks of carrying gold while traveling. If you are carrying a significant amount of gold, consider using a secure, insured shipping service rather than carrying it with you. This can provide an added layer of protection and peace of mind while traveling.
In conclusion, whether you’re traveling within the United States or internationally, it’s important to understand the rules and regulations regarding the transportation of gold. Failure to comply with customs regulations can result in fines, confiscation of the gold, and other penalties. Always do your research and be transparent about any valuable items you are carrying to ensure a smooth and stress-free travel experience.
Thank you
does the $10k theshold aggregate? If I have a $7000 Rolex and 2000 in cash and a 1 oz gold coin – do I have to declare these together or do they count seperately?
Most tsa agents dont know anything i have traveled with gold and silver and they never asked for the amount, weight or form filled out
Correct me if I am wrong, but in EU you need to declare everything above 37 grams of 24k. gold.
Again IF I remember correctly !!!
Why didn't you discuss the difference between face value and market value? That's probably the most important question and you completely ignored it.
Beware of “civil asset forfiture’ bulshit
The illusion of freedom in America is exposed when "suspicious" gets you treated like a criminal.
What about traveling outside US with gold or precious coins?
In the EU gold is considered on par with currency. So no limit but you have to declare it above the value threshold. That said even if you're traveling with less than €10.000 it may be a good idea to declare it – that way you're sure that an unscrupulous customs officer doesn't nick your coins etc. Yes it can happen. Those systems are not designed to take care of peoples belongings but give a (mostly) false sense of security.
Traveling with gold and silver internationally is a pain. It's simply better to offshore it if you have to travel a lot and don't trust the governments in the US.
So much freedom in america huh?
If its not in my personal posession i dont really own it.
What is the value of the oz of gold it says 50 dollar on the coin or is it the market value to met the 10000 dollar amount
The TSA mandate is security. It is outside their authority to 'determine why you have large amounts of physical assets'. Doesn't mean they won't detain you and/or have DEA come and steal your valuables. My point is that they're already off their reservation if they are 'investigating' someone for something unrelated to security.
Doesn't matter if you declare it or not. If TSA finds it, they will/can call DEA to steal it (civil asset forfeiture). Good luck.
I've watched several of these videos and none of them mention how to carry or declare "Natural gold". If I'm coming back from Australia carrying a 10 oz gold nugget that I found with my metal detector, then what? There is no way to determine the "value" as it would be subjective to many different interpretations; purity, collectible, mineral specimen, etc.
Save time, money, hassle and amount limits. Ship by insured cargo with a reliable carrier or shipper. Works for me every time.
I believe it's worth adding that some countries require declaration of currency if one is bringing in or taking out 10,000 units of that country's own currency or its equivalent. If the unit of currency is of lesser value than the US dollar, that means that traveling with considerably less that $10,000 in US currency may exceed the value of 10,000 units of the other country's currency, therefore requiring declaration. One should check the regulations and exchange rates before traveling to determine whether this will be an issue upon arrival in the foreign country.
Drive….
Land of the free: LMAO
4:26 BEST IRRATIONAL PEN FLIP ON YT
I have brought new coins back from the mainland to Hawaii several times.
TSA has always been gracious to me & my family. I was surprised as well !
‘Merica, land of the free, free for the government to fuq u at any time
It's great you're trying to provide helpful advice, albeit I found more than one material error and misguided advice is offered. It's abundantly clear an attorney did not write or approve the transcript of a video offering legal advice/education. If you want to produce videos offering legal education and have creditability, I respectfully suggest considerable changes to this and your future content
I phoned Canadian Boarder Services and they told me if I was returning to Canada from the US for example and I had 5 RCM gold maples or Buffalos that I wouldn't have to declare or claim them because they are considered as currency $50 CND or US dollars UNLESS the amount of cash and $50 dollar coins exceeded $10,000 CND then I would declare but the coins are still considered "a $50 bill" Gold bullion would fall under current spot prices and would not be consolidated with cash. An oz of gold would be considered today as $2600-$2700 CND of goods. Hope this helps.
Any thing of value will be stolen by american police. "Civil asset forfeiture"
What about out of the us if you did go in the us a tourist that always have some Gold with him for safety what about when you we'll want to leave the us having your Gold on you .
Civil asset forfeiture, jewelry is exempt.
So a 1 ounce American Gold Eagle has a face value of $50. Therefore you can carry 199 of them and only be carrying $9,950 worth of currency and be under the $10,000 limit?
How about “none of your business!”
what about collectible coins???how cann i declare the value????
Awesome video!
I was carrying silver eagles in my bag and was pulled out for searching after the X-ray.