Chinese Coins Forum

Features => Buy, Sell & Trade => Topic started by: sasushi on October 29, 2017, 06:14:30 AM

Title: Selling: G50Y 1996 SUSPENSION BRIDGE SERIES V
Post by: sasushi on October 29, 2017, 06:14:30 AM
https://www.ngccoin.com/certlookup/2779429-004/69/

4900 USD
Title: Re: Selling: G50Y 1996 SUSPENSION BRIDGE SERIES V
Post by: sasushi on December 30, 2017, 04:25:34 AM
The buyer who is located in China did not want to pay the import fees of 1200 USD. So the coin did not even go through the customs and was returned. Are taxes really as high as that ?
 
Coin is up for sale for 3700 USD incl. shipping.
PM me
Title: Re: Selling: G50Y 1996 SUSPENSION BRIDGE SERIES V
Post by: PandaOrLunar on December 30, 2017, 10:44:55 AM
I'm surprised that the coin is returned and not "just disappeared or we cannot locate the package".
Title: Re: Selling: G50Y 1996 SUSPENSION BRIDGE SERIES V
Post by: ccl on December 30, 2017, 11:23:32 AM
never happened to me
Title: Re: Selling: G50Y 1996 SUSPENSION BRIDGE SERIES V
Post by: poconopenn on December 30, 2017, 03:19:01 PM
The regulation for mailing of goods to China for “individual” was updated on 4/8/2016. Instead of standard 10% duty, new regulation has increased duty to 15%, 30% and 60%, depending on the cost of the goods and the nature of the industry. In general, the higher the cost, the higher the rate.  For example, digital phone, computer, clothes, and food will be charged at 15%, but expensive jewelry and watch, cigarette, wine, cosmetic, gulf equipment and movie camera will be 60%. No duty will be applied if the cost of goods is less than RMB 2,000/month and RMB 20,000/annual. However, the goods will still be charged 70% of VAT (17%), 11.7%. When “individual” buy goods via mail from foreign countries over the annual limit of RMB 20,000, additional so call “consummation tax” 11.7% will be applied.
 
Gold and silver products are charged at 15% duty.   
Title: Re: Selling: G50Y 1996 SUSPENSION BRIDGE SERIES V
Post by: sasushi on January 01, 2018, 06:15:14 AM
Happy New Year.
Thank you for the feedback. In the meantime it is sold.
Best regards
Sasushi