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Buy gold coins and take it to India

Chalanachithram.com DB » New TF Industry Related » Archive through February 14, 2020 » Buy gold coins and take it to India « Previous Next »
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Chillarodu
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Posted on Friday, February 14, 2020 - 01:47 am:       

Ornament cheyinchukotaniki ayithe.. manamiche gold coins thone cheyyaru. Avi vaallu theesukoni vaadi daggara vunna gold tho chesthadu. So no gaurantee that your coins are being used.

Ika gold price difference gurinchi ayithe pedda difference ledhu kadha? why the risk for small difference
 

Scorpio
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Posted on Friday, February 14, 2020 - 01:02 am:       


Jodhaa:

I dont know what MMTC brand is





Scorpio:

The MMTC Indian Gold Coin was launched on 5th November 2015, it was the first national gold offering by the Government of India.

The coin has the following features:

A. Denominations: 5,10,20 Grams

B. Purity: 24 Karat

C. Fineness: 999


How is the Indian Gold Coin different as compared to MMTC-PAMP Gold Coins?

Well the most important difference is the fineness, MMTC-PAMP gold coins and bars are available in 999.9 fineness as compared to the Indian Gold coins which are 999.

The second difference that arises is the denominations they come in, while the Indian Gold coins only come in 3 denominations, the MMTC-PAMP coins come in a lot of denominations upto 100 Grams.

The indian gold coin has a BIS(Bureau Of Indian Standard) hallmark, while normal coins don�t. Gold coins don�t really require hallmarks so it is not really a big deal.

The last difference is that MMTC-PAMP gold coins and bars can be purchased anywhere let that be offline or online, unlike the Indian Gold Coins which can be only bought from Banks or the Post offices for a fixed price.

If there is no price difference between the Indian Gold Coin and the MMTC-PAMP gold coin then I suggest you go for the latter.

https://www.quora.com/Is-MMTC-Indian-Gold-Coin-a-good-option -for-gold-investment



Nagarjuna Sagar...SriSailam...Polavaram...Handri-Neeva...SomaSila...ThotaPalli...VeliGonda...PuliChintala..etc
 

Saint
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Posted on Thursday, February 13, 2020 - 10:16 pm:       

I hate gold but 10% rainy day kosam vunchukovali! dooms day scenario lo gold ki manchi best rojulu vasthayemo
All is WELL!
 

Vishwamitra
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Posted on Thursday, February 13, 2020 - 10:10 pm:       


Jodhaa:

I always look for 9999 number on the bar


9998 konesara already, 9999 kosam searching?

The universal friend, vishwamitra was here.
vishwamitras chukka ccdb at gmail
 

Jodhaa
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Posted on Wednesday, February 12, 2020 - 10:20 pm:       


Scorpio:


coins ki extra premium for engraving. Cute untaaye coins chaala..americans ekkuva kontaaru for collection. And 24K gold ki choodalsindhi Brand kaadu 9999 number for purity..so I dont know what MMTC brand is..I always look for 9999 number on the bar :-)
 

Scorpio
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Posted on Wednesday, February 12, 2020 - 06:06 pm:       


Jodhaa:

enduku antey best bet meeru idhamu anukontunna amount ki india lo any jewellery store or post office
/banks lo gold bars ammuthaaru... buy there and give them as gift




MMTC brand okkati check chesukunte saripoddaa ?
Nagarjuna Sagar...SriSailam...Polavaram...Handri-Neeva...SomaSila...ThotaPalli...VeliGonda...PuliChintala..etc
 

Scorpio
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Posted on Wednesday, February 12, 2020 - 06:05 pm:       


Jodhaa:

and kinda already cheppinattu never buy coins.. always go for bars




theda endi Bar ki Coin ki ?

I just need 2 coins - 1 oz each
Nagarjuna Sagar...SriSailam...Polavaram...Handri-Neeva...SomaSila...ThotaPalli...VeliGonda...PuliChintala..etc
 

Jodhaa
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Posted on Wednesday, February 12, 2020 - 06:01 pm:       


Scorpio:


and kinda already cheppinattu never buy coins.. always go for bars
 

Jodhaa
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Posted on Wednesday, February 12, 2020 - 06:00 pm:       


Scorpio:


each 1oz coin ayethe not worth the risk...each 100grams ayethe may be you can try but pattukontey tax kattaali..e madhya avi bangles chepinchi theesukoni velthunna konthamandhini pattukonnaaru. Yes price most of the times ikkadey less... risk enduku antey best bet meeru idhamu anukontunna amount ki india lo any jewellery store or post office
/banks lo gold bars ammuthaaru... buy there and give them as gift
 

Scorpio
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Posted on Wednesday, February 12, 2020 - 05:55 pm:       


Jodhaa:

mee purpose ento exact ga ardham kaaledhu... ??




2 coins ikkada nunchi theesukelli...cousins ki gift iddamani...marriage undi iddaru cousins di
Nagarjuna Sagar...SriSailam...Polavaram...Handri-Neeva...SomaSila...ThotaPalli...VeliGonda...PuliChintala..etc
 

Jodhaa
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Posted on Wednesday, February 12, 2020 - 05:41 pm:       


Scorpio:


mee purpose ento exact ga ardham kaaledhu... ??
 

Rasputin
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Posted on Wednesday, February 12, 2020 - 05:12 pm:       

Chennai lo tip.... Let your wife go alone at the final scanner just before baggage claim. They won't bother her. They initially asked who's bag itis and let my wife and kid go. But when they walked to me immediately, he called us back and asked us to open the boxes. Everything was bought in Chennai....( Jewelry store markings) so they let us go again
Jan 2012 - 169.4; Aug 2013 - 182; Nov 2017 - 192.2; Jan 2018 - 175.8
 

Scorpio
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Posted on Wednesday, February 12, 2020 - 05:10 pm:       


Ramjirao:

Scorpi,

Me took two gold coins and wife's locket.

Custom scanning of backpack lo lady said she found the coin in backpack. Took my passport and asked me to go customs counter after picking my baggage.

I bargained for and they settled for 5000 instead of 14500.

Mmtc coins are okay in quality. Price parity is around 150-200 and we loose it if they catch




ikadiki ochaakaa neeku call chesthaa le...motham ardam kaaledu

or Whatsapp call.
Nagarjuna Sagar...SriSailam...Polavaram...Handri-Neeva...SomaSila...ThotaPalli...VeliGonda...PuliChintala..etc
 

Ramjirao
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Posted on Wednesday, February 12, 2020 - 05:07 pm:       

Scorpi,

Me took two gold coins and wife's locket.

Custom scanning of backpack lo lady said she found the coin in backpack. Took my passport and asked me to go customs counter after picking my baggage.

I bargained for and they settled for 5000 instead of 14500.

Mmtc coins are okay in quality. Price parity is around 150-200 and we loose it if they catch
 

Scorpio
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Posted on Wednesday, February 12, 2020 - 04:51 pm:       


Neel:

calling Jodha
Year 2000 Rs 4400
Year 2019 Rs 40000

last visit got pulled to side paid 10K for wearing 2 bangles 24karat




bump for Jodha
Nagarjuna Sagar...SriSailam...Polavaram...Handri-Neeva...SomaSila...ThotaPalli...VeliGonda...PuliChintala..etc
 

Scorpio
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Posted on Wednesday, February 12, 2020 - 04:51 pm:       


Jake_ryan:

Personal experience. Not worth it. You cant escape the customs torture.
For us the guy didnt even accept money. He was vehement that we pay duty. OR may be its my leg that we got that person.
Next trip also, they made big fuss about the jewelry that we carried for attending a function but escaped with pursuation/pleading.
Looks, raw gold will be definitely a problem.

Like other people mentioning, I also heard that chennai is easy.




Chennai light naaku...Hyd is best
Nagarjuna Sagar...SriSailam...Polavaram...Handri-Neeva...SomaSila...ThotaPalli...VeliGonda...PuliChintala..etc
 

Scorpio
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Posted on Wednesday, February 12, 2020 - 04:50 pm:       


Ramjirao:

Scorpi,
For each 1 oz gold duty is 14500.

Me currently in Desam. This is oppicial rate. Just last week price.14% duty if more than 6 months.




Ramji annai

thokkalo 2 coins ki...intha lolli endi antaavaa ?

US nunchi pattukelladam waste antaavaa ?

akkada Kalyan jewellesr lo konukkomantaavaa MMTC standard ?

veelaithe akkada shop lo konukko naa kosam
Nagarjuna Sagar...SriSailam...Polavaram...Handri-Neeva...SomaSila...ThotaPalli...VeliGonda...PuliChintala..etc
 

Scorpio
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Posted on Wednesday, February 12, 2020 - 04:48 pm:       

Thank you so much every one for ALL YOUR INPUTS ?
Nagarjuna Sagar...SriSailam...Polavaram...Handri-Neeva...SomaSila...ThotaPalli...VeliGonda...PuliChintala..etc
 

Ramjirao
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Posted on Wednesday, February 12, 2020 - 04:46 pm:       

Scorpi,
For each 1 oz gold duty is 14500.

Me currently in Desam. This is oppicial rate. Just last week price.14% duty if more than 6 months.
 

Jake_ryan
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Posted on Wednesday, February 12, 2020 - 03:59 pm:       

Personal experience. Not worth it. You cant escape the customs torture.
For us the guy didnt even accept money. He was vehement that we pay duty. OR may be its my leg that we got that person.
Next trip also, they made big fuss about the jewelry that we carried for attending a function but escaped with pursuation/pleading.
Looks, raw gold will be definitely a problem.

Like other people mentioning, I also heard that chennai is easy.
 

Polavaram
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Posted on Wednesday, February 12, 2020 - 03:50 pm:       


Moviebuff001:




If you are looking one coin take it easy and buy wherever you like

If looking for high value then, ONLYGOLD vaadu offers(not great but based on his stock 30$ off of ounz but koncham patha coins istadu. india lo value same a coin ayina okate) untai okkosari

monex vaadu asalu tagginchadu.

Don't get confused, even with that ONLYGOLD stock based dicount it would be more than 1 ounz value but better than other sellers(monex e.tc) of coin
 

Paulgoru
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Posted on Wednesday, February 12, 2020 - 03:50 pm:       

for this reason booking only to Chennai, Bengaluru cheap ga vachhina NO.... :-)

paathavi ichhi kottavi theesukovadam......

eee bangaram pichhi....
6093
 

Paulgoru
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Posted on Wednesday, February 12, 2020 - 03:45 pm:       

Usual ga Chennai light gaa vuntaru..... bengaluru lo kooda visigistharu..... Telugollu ante security gold kosam thadumutharu.....


Chennai is best..... never had issues before..... recent thelavadhu....
6093
 

Neel
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Posted on Wednesday, February 12, 2020 - 03:00 pm:       

calling Jodha
Year 2000 Rs 4400
Year 2019 Rs 40000

last visit got pulled to side paid 10K for wearing 2 bangles 24karat
 

Djt_2020
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Posted on Wednesday, February 12, 2020 - 02:59 pm:       

IPpudu 1550 daka vundhi kadha. Last 8 years lo cheapest Dec 2015 lo 1050. 1200 odd lo is ok. When stock market is doing good, shouldn’t google price drop
old id jai_YCP
 

Scorpio
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Posted on Wednesday, February 12, 2020 - 02:32 pm:       


Moviebuff001:

Kitco price 1566. But re-sellers other charges add chestaru kada.




Thanks...deeni peru kooda marchipoyaa
Nagarjuna Sagar...SriSailam...Polavaram...Handri-Neeva...SomaSila...ThotaPalli...VeliGonda...PuliChintala..etc
 

Moviebuff001
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Posted on Wednesday, February 12, 2020 - 02:20 pm:       


Scorpio:

$1,639.85 thakkuva ledu 1 Oz



Kitco price 1566. But re-sellers other charges add chestaru kada.
_________________________________________________
I would choose Heaven for climate but Hell for companionship. - Mark Twain.
 

Scorpio
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Posted on Wednesday, February 12, 2020 - 02:19 pm:       


Moviebuff001:

If you take it legally,
1 Oz coin - INR 112000 or USD 1566.
Import tax approximately 25K per 1 lakh rupees in value.
I don't think it is worth it.
Local ga konukkunte, 3% GST to poddi.




$1,639.85 thakkuva ledu 1 Oz

https://www.moneymetals.com/american-gold-eagle-coin-one-oun ce/7
Nagarjuna Sagar...SriSailam...Polavaram...Handri-Neeva...SomaSila...ThotaPalli...VeliGonda...PuliChintala..etc
 

Polavaram
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Posted on Wednesday, February 12, 2020 - 02:14 pm:       


Scorpio:

India theesukellataaniki waste antaaavaa ?

kaani naaku gold coin kaavaali...India lo ivvataaniki




like Moviebuff001 first hand experience if you can manage customs fine. else take it easy

US market is good place to buy gold coins/bars no doubt in that

coins ayithe chudataniki bale untai :-) etla chedagodatara anepinchide "pack of coins" collection chuste
 

Moviebuff001
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Posted on Wednesday, February 12, 2020 - 02:01 pm:       


Scorpio:

Customs perspective kaakundaa...price perspective cheppu



If you take it legally,
1 Oz coin - INR 112000 or USD 1566.
Import tax approximately 25K per 1 lakh rupees in value.
I don't think it is worth it.
Local ga konukkunte, 3% GST to poddi.
_________________________________________________
I would choose Heaven for climate but Hell for companionship. - Mark Twain.
 

Scorpio
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Posted on Wednesday, February 12, 2020 - 01:45 pm:       


Polavaram:

It's ALWAYS WORTH worth buying gold in US, no doubt in that. NEVER buy coin for India purpose.there you loose 20-30$ per coin extra unnecessarily




India theesukellataaniki waste antaaavaa ?

kaani naaku gold coin kaavaali...India lo ivvataaniki
Nagarjuna Sagar...SriSailam...Polavaram...Handri-Neeva...SomaSila...ThotaPalli...VeliGonda...PuliChintala..etc
 

Scorpio
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Posted on Wednesday, February 12, 2020 - 01:44 pm:       


Moviebuff001:

Not worth it. Unless you know someone in customs who is willing to carry them out for you.




Customs perspective kaakundaa...price perspective cheppu

ee MMTC gaallani nammochaa ?

MMTC brand meeda Kalyan Jewellers laanti vaatillo konochaa ?
Nagarjuna Sagar...SriSailam...Polavaram...Handri-Neeva...SomaSila...ThotaPalli...VeliGonda...PuliChintala..etc
 

Moviebuff001
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Posted on Wednesday, February 12, 2020 - 01:41 pm:       


Polavaram:

a lady vi old nagalake torture chupiettaru.infact avi India nagalu ani telusutundi kani.



Maku same torture pettaru couple of years ago.
There were couple of threads in DB regarding valuation certificate. Look it up.
_________________________________________________
I would choose Heaven for climate but Hell for companionship. - Mark Twain.
 

Moviebuff001
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Posted on Wednesday, February 12, 2020 - 01:38 pm:       

Not worth it. Unless you know someone in customs who is willing to carry them out for you.
_________________________________________________
I would choose Heaven for climate but Hell for companionship. - Mark Twain.
 

Polavaram
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Posted on Wednesday, February 12, 2020 - 01:37 pm:       


Scorpio:




It's ALWAYS WORTH worth buying gold in US, no doubt in that. NEVER buy coin for India purpose.there you loose 20-30$ per coin extra unnecessarily

buy bar or even les pure. coin or bar or less pure ki same 24 carrot value istaru india lo

but aa torture tattukolevu evadanna tagulukunte

edo chalk piece marks estunaru luggage meda. na dani meda ledu ayina chetha nako gallu chiraku pettincharu

a lady vi old nagalake torture chupiettaru.infact avi India nagalu ani telusutundi kani.

telidu emanido taruvata ameki

scanner daggara kurchi lo oka lady undi. abbo asalu mamulu kasi meda ledu. ladies ni pakkaki pampistundi
 

Scorpio
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Posted on Wednesday, February 12, 2020 - 01:31 pm:       


Polavaram:




Is it worth buying and taking from here or buying MMTC coins in India ?

this is for gifting purpose to relatives
Nagarjuna Sagar...SriSailam...Polavaram...Handri-Neeva...SomaSila...ThotaPalli...VeliGonda...PuliChintala..etc
 

Polavaram
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Posted on Wednesday, February 12, 2020 - 01:29 pm:       

Hyderabas ayithe ni dula teerchestaru.own ga very recent december experience

hand luggage check two times

okadu vachi malli pakkaki lagadu"jeebulu tadimadu"

malli luggae open cheyinchadu perfume bottles unnayi kothavi. vati meda nasugutunte chiraku denki "neeku emi radu nenu kattanu kavalante toilet lo posiucha posta" anna.

vadu idi time bokka case le poni annadu pakkanodite open ga

pakkana oka lady ni harass chestunte kalla venta nillu pettukundi. avida own nagalu 10 years back old vi ani edo vadistundi

chennai,delhi recent telidu.
 

Scorpio
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Posted on Wednesday, February 12, 2020 - 01:21 pm:       


Rajakeeyam:

US ki eppudu vellav bro..monnane NL Unna annaru




chaala rojulu ayindi...

ee madhyana evaranna theesukelthunnaaraa gold coins India ki ?
Nagarjuna Sagar...SriSailam...Polavaram...Handri-Neeva...SomaSila...ThotaPalli...VeliGonda...PuliChintala..etc
 

Rajakeeyam
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Posted on Wednesday, February 12, 2020 - 01:17 pm:       

US ki eppudu vellav bro..monnane NL Unna annaru
 

Scorpio
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Posted on Wednesday, February 12, 2020 - 01:16 pm:       


Ysr2009:

took two hundred gram coins to India last summer ..

adigaaru.. wedding vundi ani cheppaam.. that's it..




The MMTC Indian Gold Coin was launched on 5th November 2015, it was the first national gold offering by the Government of India.

The coin has the following features:

A. Denominations: 5,10,20 Grams

B. Purity: 24 Karat

C. Fineness: 999


How is the Indian Gold Coin different as compared to MMTC-PAMP Gold Coins?

Well the most important difference is the fineness, MMTC-PAMP gold coins and bars are available in 999.9 fineness as compared to the Indian Gold coins which are 999.

The second difference that arises is the denominations they come in, while the Indian Gold coins only come in 3 denominations, the MMTC-PAMP coins come in a lot of denominations upto 100 Grams.

The indian gold coin has a BIS(Bureau Of Indian Standard) hallmark, while normal coins don’t. Gold coins don’t really require hallmarks so it is not really a big deal.

The last difference is that MMTC-PAMP gold coins and bars can be purchased anywhere let that be offline or online, unlike the Indian Gold Coins which can be only bought from Banks or the Post offices for a fixed price.

If there is no price difference between the Indian Gold Coin and the MMTC-PAMP gold coin then I suggest you go for the latter.

https://www.quora.com/Is-MMTC-Indian-Gold-Coin-a-good-option -for-gold-investment
Nagarjuna Sagar...SriSailam...Polavaram...Handri-Neeva...SomaSila...ThotaPalli...VeliGonda...PuliChintala..etc
 

Scorpio
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Posted on Wednesday, February 12, 2020 - 01:03 pm:       


Manthri:

15-20 years ..everybody used to do.

Ippudu confirmed ga customs problem avuddi




ippudu India lo kooda dorukuthunnaayi gaa...ikkada nunchi theesukellatam worthy ee naa ?

MMTC nice standard anukuntaa kadaa ?

https://www.amazon.in/MMTC-PAMP-India-Pvt-Ltd-purity/dp/B01M 0KCMP5
Nagarjuna Sagar...SriSailam...Polavaram...Handri-Neeva...SomaSila...ThotaPalli...VeliGonda...PuliChintala..etc
 

Manthri
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Username: Manthri

Post Number: 3106
Registered: 02-2013
Posted From: 216.150.160.23

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Posted on Wednesday, February 12, 2020 - 01:00 pm:       


Scorpio:




15-20 years ..everybody used to do.

Ippudu confirmed ga customs problem avuddi
 

Ysr2009
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Username: Ysr2009

Post Number: 7350
Registered: 03-2014
Posted From: 129.135.1.213

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Posted on Wednesday, February 12, 2020 - 12:59 pm:       

took two hundred gram coins to India last summer ..

adigaaru.. wedding vundi ani cheppaam.. that's it..
 

Scorpio
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Username: Scorpio

Post Number: 29015
Registered: 09-2008
Posted From: 170.167.193.17

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Posted on Wednesday, February 12, 2020 - 12:55 pm:       

I am thinking to buy couple of gold coins and take it to India.

Is it still worth it ?

taking from US ?
Nagarjuna Sagar...SriSailam...Polavaram...Handri-Neeva...SomaSila...ThotaPalli...VeliGonda...PuliChintala..etc

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