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Title: Shipping Gold question Post by: tonto on April 27, 2012, 08:13:40 PM So I told my boss (and showed him) about a couple silver 1oz bars I bought with bitcoins. He's curious but mostly neutral on bitcoins. But that's not the point here.
I told him how I plan to one day purchase some gold bars as well, and he thought he read somewhere that owning physical gold bars was not permitted in the US? Does anyone have any info about that? Now obviously I know people are doing it, or places like coinabul wouldn't exist... But my question is, since it undoubtedly goes through various scanners, is shipping gold something that will have you "marked" and then they start watching you? Or does it depend on the amount? So shipping a couple 1oz bars versus say 100 1oz bars? Is shipping large quantities of gold (whatever "large" is) something that might get confiscated? Now my boss has me worried to buy anything more than a gram. :) Title: Re: Shipping Gold question Post by: silverbox on April 27, 2012, 08:17:11 PM It hasn't been illegal to own gold bullion for decades.
Title: Re: Shipping Gold question Post by: 2weiX on April 27, 2012, 08:43:41 PM well, that.
and then there is google. and customs websites, which can give details about importing. Title: Re: Shipping Gold question Post by: tonto on April 27, 2012, 08:58:50 PM Danke schön!
Thank you very much! ;D Title: Re: Shipping Gold question Post by: juggalodarkclow on April 27, 2012, 10:25:53 PM tell your boss to buy 1 oz of gold and ship it to you and see what happens
also, your boss is an idiot lol Title: Re: Shipping Gold question Post by: Kettenmonster on April 27, 2012, 11:09:09 PM ... he read somewhere that owning physical gold bars was not permitted in the US? ... It started with Franklin D. Roosevelt in 1933: No private gold in the US!In 1961 Dwight D. Eisenhower enhanced this to: No private gold in the US and abroad! In 1974 Gerald Ford stopped this. Title: Re: Shipping Gold question Post by: ShireSilver on April 27, 2012, 11:49:31 PM I ship gold all the time in the U.S., and all over the world.
There are some restrictions, like UPS doesn't want to touch it and FedEx won't insure it. And my gold cards are some of the smallest units out there (that is, you can get some gold for not a lot of BTC). Title: Re: Shipping Gold question Post by: Coinabul on April 28, 2012, 09:15:41 PM ... he read somewhere that owning physical gold bars was not permitted in the US? ... It started with Franklin D. Roosevelt in 1933: No private gold in the US!In 1961 Dwight D. Eisenhower enhanced this to: No private gold in the US and abroad! In 1974 Gerald Ford stopped this. Title: Re: Shipping Gold question Post by: BadBear on April 28, 2012, 11:40:56 PM It was true for long time, but not since the 70's.
From 1933 to 1974 it was illegal for U.S. citizens to own gold in the form of gold bullion, without a special license. On January 1, 1975, these restrictions were lifted and gold can now be freely held in the U. S. without any licensing or restrictions of any kind. http://en.wikipedia.org/wiki/Executive_Order_6102 Title: Re: Shipping Gold question Post by: Jurema on May 06, 2012, 05:03:25 PM how old is your boss?
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