Do you have to declare gold at the airport?

There is no duty on gold coins, medals or bullion but these items must be declared to a Customs and Border Protection (CBP) Officer. Please note a FINCEN 105 form must be completed at the time of entry for monetary instruments over $10,000. This includes currency, ie. gold coins, valued over $10,000.



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So, if your gold coins are your personal belongings or you intend on gifting them to a loved one, you do not necessarily need to declare them. However, if you are planning on selling your gold coins in the UK, you will need to declare them.

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As a UK resident, you will have to declare your jewelry purchases whether intended as gifts or not. Do not rely on about.com for accurate information on anything.

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GREAT BRITAIN (UK) LOOSE GEMSTONES : Duty : 0% VAT : 20% JEWELRY : Duty : 2.5%, VAT : 20% LOOSE GEMSTONES : If you are having loose gemstones shipped to the UK, you can expect to incur the following charges: | Customs Duty : 0% | VAT : 20% | Gemstones are duty free into the UK but VAT at 20% is levied.

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