customs question

[vital]

I'm selling an audio component to someone in Spain for ~$200 and he's requesting that I declare it $50 and insure it for $200 with USPS airmail parcel. If I declare it any higher, he'll wait a long time at customs office and pay a 20%vat. Is this a good idea?

 

[KLin]

Sounds like fraud.

 

[Paulson]

Mark it a $50 value and ship it... screw insurance.