Dear List Mates: Quick customs question for anyone who works in this area. A U.S. buyer purchased a ~$1.3M artwork that had been temporarily shipped to Europe for an art fair and was then returned to the U.S. The freight forwarder brought in a U.S. customs broker, the buyer’s assistant signed a customs POA, and after clearance the buyer was charged about $8,400 for a single-entry customs bond, calculated at .65% of the artwork’s value. No estimate for that charge was given in advance. The client paid it, so I am not looking to make this a dispute unless there is something obviously wrong. I mainly want to understand: * Is that bond structure/amount normal? * Is the premium basically a private commercial charge? * Can/should those premiums be capped or agreed in advance? * What should an art advisor or purchaser ask for before clearance to avoid surprises? Also very interested in identifying a practical customs lawyer to keep in my pocket for future issues. Email responses only. Thanks all. And an easy fast to all who observe. Best regards, Francine E. Love Founder & Managing Attorney LOVE LAW FIRM PLLC BOOK AN ONLINE MEETING WITH ME<https://calendly.com/lovelawfirm/30min> Office - 516–697-4828 Francine@lovelawfirmpllc.com<mailto:Francine@lovelawfirmpllc.com> “Find out who you are and do it on purpose.” ~ Dolly Parton 2027 Edition Best Lawyers in America® for Closely Held Companies and Family Business Law 2027 Best Law Firms in America® for Closely Held Companies and Family Business Law 2026 Martindale Top Rated Attorney (AV-Preeminent, Platinum Client Champion) This e-mail, and any attachments hereto, are intended for use by the addressee(s) only and may contain information that is protected by the attorney-client privilege and/or attorney work product. If you are not the intended recipient of this e-mail, or if you have otherwise received this e-mail or its contents in error, please immediately notify the sender by reply e-mail or by telephone, and please permanently delete the original, any print-outs and any copies of the foregoing. Any dissemination, distribution or copying of this e-mail is strictly prohibited.