4 ms·
150k+ range should get easier. Anything less fees still eat you up. At lower amount you basically be looking to mingle with entrepreneurs that have capital and
by ct520 7y ago
150k+ range should get easier.
Anything less fees still eat you up. At lower amount you basically be looking to mingle with entrepreneurs that have capital and are willing to exchange at a percent equal to their risk.
- MR4D 7y agoLess than 150K is cash or gold. Pretty easy to put coins in your pocket (or several pockets) with change. Carefully thought through, I'd bet you can put $100,000 into the change cup at the airport security line and nobody would have a clue. For instance, the Canadian Loonie [0], and the Canadian Gold Maple Leaf coin [1] have similar color the same face on one side. You can get more esoteric if you go with collector coins. Take a 1932 US Quarter, with a value up to $15,000. [2] I guarantee you could put ten of those in your pocket and nobody would notice! [0] - https://en.wikipedia.org/wiki/Loonie#/media/File:Canadian_Dollar_-_obverse.png https://en.wikipedia.org/wiki/Loonie#/media/File:Canadian_Do... [1] - https://www.walmart.com/ip/Canada-1-oz-Gold-Maple-Leaf-9999-Fine-Random-Year/740050376 https://www.walmart.com/ip/Canada-1-oz-Gold-Maple-Leaf-9999-... [2] - https://www.ngccoin.com/coin-explorer/washington-quarters-1932-1998-pscid-38/1932-25c-ms-coinid-15790 https://www.ngccoin.com/coin-explorer/washington-quarters-19...
- turk73 7y agoI wouldn't put my wealth into something as weak as a "valuable quarter." WTF? Might better go buy a painting or something.
- ct520 7y agoI will just say the government is petty. Your scenario seems easy but the percentage you lose converting coins in and out would add up. I have witnessed civil forfeitures in the amount of; 3k money orders, 5k money orders, 4.5k, 7k cash, 11k cash, 19k cash, 58k cash, 240k cash, assets, bank accounts. Never charged with a crime. They keep a closer eye on this then you would think and FYI TSA gets a bounty on cash collected along with local agency's in most counties. I like the coin idea though. I can ensure you its not the first time I have heard it and ironically the first solution Ive heard from a couple of engineers when broaching the subject.