Rare Coins:

• Rare coins being of metal and of authorized weight and design issued for use as currency under the authority of the government of any country, are admissible duty-free under tariff item 36000-1, as is any gold coin.

• Should coins be imported that do not meet the requirement in tariff item 36000-1 but are collector�s coins nevertheless, they are admissible duty-free under tariff item 69200-1.

• Note that British and Canadian coins; Foreign gold coins and coins of any metal of authorized weight and design, issued for use as currency under the authority of the government of any country, are exempt from the payment of Goods and Services Tax, and also exempt from Federal excise tax per Schedule III of the Excise Tax Act, part XI, paragraphs 3 and 3.1.

• The collectors coins which are admissible under tariff item 69200-1, if of precious metal or plated or coated with precious metal (gold or silver) by any method other than the mass produced plating method are all subject to 10% excise tax and 7% Goods and Services Tax levied on the duty paid value (i.e. the value for duty in Canadian dollars plus the duty).

• Precious metals bars, ingots, coins or wafers composed of gold, platinum or silver meeting purity requirements of 99.9% for silver and 99.5% for gold and platinum are exempt from the 7% Goods and Services Tax.