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Author Topic: Shipping Gold question  (Read 1030 times)
tonto
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April 27, 2012, 08:13:40 PM
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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. Smiley

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silverbox
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April 27, 2012, 08:17:11 PM
 #2

It hasn't been illegal to own gold bullion for decades.
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April 27, 2012, 08:43:41 PM
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well, that.
and then there is google.
and customs websites, which can give details about importing.
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April 27, 2012, 08:58:50 PM
 #4

Danke schön!
Thank you very much!  Grin

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juggalodarkclow
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April 27, 2012, 10:25:53 PM
 #5

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

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April 27, 2012, 11:09:09 PM
 #6

... 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.

The paining (sic!) is done with the QPainter class inside the paintEvent() method.
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ShireSilver
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April 27, 2012, 11:49:31 PM
 #7

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).

Shire Silver, a better bullion that fits in your wallet. Get some, now accepting bitcoin!
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April 28, 2012, 09:15:41 PM
 #8

... 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.

Yay Gerald Ford!

Coinabul.com - Gold Unbarred
Website owners, let me put my ads on your site! PM me!
BadBear
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April 28, 2012, 11:40:56 PM
 #9

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

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Jurema
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May 06, 2012, 05:03:25 PM
 #10

how old is your boss?

Hate to see your wallet with and uneven number of BTC? Send the difference here: 13krzPRRvXW2sVV18aPmWypwwZ7k7gMqCK
They will be well taken care of.

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