News Alert| Man under Customs probe for not declaring over $30k of Pokemon cards at airport

[oOsiMm]

If u guys looked at the pictures, there r graded slabs as well. Those can easily find the value online but thing is..all these shia_te pple can put them any amt they want..whether got kum gong buyer or not is another thing..so how to justify the value?

the value is not suka suka one, like gold they follow a graph from 2-3 realiable sites and ppl around the world sell according to the value of that day.... 1 week maybe no diff but 1mth to 3mth may see spike increase 50% value to 300% or dip ...

this is the worldwide standard they use but of course buyers can buy at 85-90% of that 'market value'.

example for a very very exp card; ppl search/googlethe card number and name then see current value and then decide how much to value it to sell or buy (can see the graph but all are based on past deals done in recent months, more deals completed in ebay done get average value = more accurate. Too sudden high spike may means speculative and not very steady growth and can dip suddenly when new series come out or the character card got reprint etc)

valuation sites:
https://www.pricecharting.com/game/pokemon-japanese-promo/poncho-wearing-pikachu-charizard-208xy-p

https://www.tcgplayer.com/product/2...dnX4lwxxgzq0vBws2wf6_ILgFVX9GmF_wdQlLKKAuY3NR

and ebay sold listings

these 3 + own experience is enough IMO to make sensible purchase.

*so these sites are how buyers and sellers know how much to buy/sell, sadly yes even sellers follow the values so sometimes is making losses cos the market/demand went down and card value dropped

 

[oOsiMm]

How ICA know the cards values?
To some it’s just useless cardboards

google can liao so easy... and its already a billion dollar hobby worldwide, many ppl travel to Japan just to buy such goods to resell,many ppl made that their job liao

 

[Vincentlow82]

If I bring a few labubu back from China must declare?

 

[fortunecat]

Who will declare this kind of things?

 

[itedino]

The Singapore Customs is investigating a case where a man entering Singapore did not declare that he was in possession of assorted Pokemon trading cards worth more than $30,000 in total.

The Immigrations and Checkpoints Authority said in a Facebook post on Oct 14 that its officers at Changi Airport had detected a large quantity of assorted Pokemon trading cards while screening baggage on Oct 10.

A 25-year-old Singaporean man had been directed to the baggage screening area in Terminal 1 for screening, ICA said. When questioned by ICA officers, the man said he had nothing in his luggage to declare.

ICA officers then screened the man’s luggage and found assorted Pokemon trading cards worth more than $30,000 in total.

The case was then referred to the Singapore Customs for further investigation, ICA said.

Article @ https://www.straitstimes.com/singap...eclaring-over-30k-of-pokemon-cards-at-airport

Ica officers when young also traded pokemon cards before. Haha

Want to be ICA officers, first train to be pawnbroker, must be 朝奉 before

Why because pawnbroker know the values of every product and seem the world strangest things people want to pawn

 

[Akky85]

Ha

Is Singapore so pathetic now they hire some geek who can identify such cards and know the value?

Not very difficult to find market value for these cards what?

 

[week3nd]

For you: https://www.customs.gov.sg/individu...arrivals/duty-free-concession-and-gst-relief/

However, the traveller can enjoy some GST import relief on a good if it meets the following two conditions:

a) it is a new article, souvenir, gift or food preparation; and

b) it is for his/her personal (non-commercial) use or consumption.

Erm did you continue reading the page

Time Spent Away from Singapore Value of Goods Granted GST Import Relief

48 hours or more Up to S$500

He still has $29500 taxable

 

[Joseph12]

Not very difficult to find market value for these cards what?

I mean need to see and recognize it has value
What about those Magic cards
Or those NBA and baseball cards the Americans are into

 

[mynickname]

Erm did you continue reading the page

Time Spent Away from Singapore Value of Goods Granted GST Import Relief

48 hours or more Up to S$500

He still has $29500 taxable

Hopefully hes got receipts showing he purchased these here. Else just pay up.

 

[Akky85]

wah one big box so ex ah....
got many kinds though

The 1 in the picture is 1 ''box''.

But not the box u are thinking of, i dunno the exact number for pokemon but other TCG have like 20-50 of such boxes in a single ''carton''. That's the big one that you are thinking of. Local TCG scene, some friends will come together to like buy 3-4 cartons during launch days and see if they tio any good value cards. Some cards can go to the point where that single card alone can pay for 1 carton. Anything else is profit.

 

[Akky85]

I mean need to see and recognize it has value
What about those Magic cards
Or those NBA and baseball cards the Americans are into

Personally i dun play Pokemon but i have friends who do.

Example - PriceCharting

Example 2 - TCGplayer

Some of my friends serious to the point where they join Discord channels and their channel is set up for info, pricing, set numbers etc etc. I beo liao i tot i looking at stock market data.

 

[Joseph12]

Hopefully hes got receipts showing he purchased these here. Else just pay up.

Ya
Can say bring from Singapore to overseas for nerdfest or nerd convention

 

[Eost002]

Psa graded ah?

 

[sizzy6]

cannot say for own consumption meh? taking video for unboxing live viewing lo

pay gst loh.

you buy anything overseas bring back more than 500 need pay liao

 

[tian_yibang]

Moi notch a "fan" , so hab neber understand whats the thrill in collecting/trading all this shining cards

This ish like playing tikam at the highest "risk"

 

[Jacy_Phang]

Moi notch a "fan" , so hab neber understand whats the thrill in collecting/trading all this shining cards

This ish like playing tikam at the highest "risk"

U see the amt those si gina spent buying on tik tok...at the end of the day, only the printing house, The 3 companies forming The Pokémon Company n shops/tik tok sellers r laughing to the bank. The kum lan naive buyers the one thinking they can huat by buying n resell at high price.