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<p>[QUOTE="robinjojo, post: 24564924, member: 110226"]Yes, and that is really the crux of the issue with ancient coins. My post is very graphic, and while I find the packaging designed to deceive, it is symbolic of the state of many ancient coins entering the market. </p><p><br /></p><p>Ancient coin collecting, as is true of any field of collecting, depends on the churning of the supply of new coins to satisfy the constant demand of collectors for "something new that is old". Were the ancient coin market dependent only on coins from collections and dealer inventories there simply would not be enough coins to go around, and prices would generally skyrocket, putting many collectors at a distinct disadvantage. The entry of coins from hoards and individual finds are an important component to the ancient coin market.</p><p><br /></p><p>But, enter the issue of export restrictions, embodied in the Convention on Cultural Property Implementation Act (CPIA) of 1983 and the various MOUs (memorandum of understanding) between the US and other countries to preserve artifacts, including coins, within their borders. While it is important to crack down on the looting of cultural artifacts, some of which are unique and of major historical and cultural value, with coins, it really is a different matter, a real can of worms as things stand.</p><p><br /></p><p>This is a topic that has been extensively discussed within this and other forums, notably regarding the recent infamous case of the Eid Mar aureus. I don't want to rehash what has been covered there, so suffice to say that here is a link to an article, from <i>Coin Week</i>, August 2022, on the state of exporting and importing ancient and other coins that many of you may have read.</p><p><br /></p><p><b>"Collecting Ancient Coins in an Era of Import Restrictions"</b></p><p><br /></p><p><a href="https://coinweek.com/collecting-ancient-coins-in-an-era-of-import-restrictions/" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://coinweek.com/collecting-ancient-coins-in-an-era-of-import-restrictions/" rel="nofollow">https://coinweek.com/collecting-ancient-coins-in-an-era-of-import-restrictions/</a>[/QUOTE]</p><p><br /></p>
[QUOTE="robinjojo, post: 24564924, member: 110226"]Yes, and that is really the crux of the issue with ancient coins. My post is very graphic, and while I find the packaging designed to deceive, it is symbolic of the state of many ancient coins entering the market. Ancient coin collecting, as is true of any field of collecting, depends on the churning of the supply of new coins to satisfy the constant demand of collectors for "something new that is old". Were the ancient coin market dependent only on coins from collections and dealer inventories there simply would not be enough coins to go around, and prices would generally skyrocket, putting many collectors at a distinct disadvantage. The entry of coins from hoards and individual finds are an important component to the ancient coin market. But, enter the issue of export restrictions, embodied in the Convention on Cultural Property Implementation Act (CPIA) of 1983 and the various MOUs (memorandum of understanding) between the US and other countries to preserve artifacts, including coins, within their borders. While it is important to crack down on the looting of cultural artifacts, some of which are unique and of major historical and cultural value, with coins, it really is a different matter, a real can of worms as things stand. This is a topic that has been extensively discussed within this and other forums, notably regarding the recent infamous case of the Eid Mar aureus. I don't want to rehash what has been covered there, so suffice to say that here is a link to an article, from [I]Coin Week[/I], August 2022, on the state of exporting and importing ancient and other coins that many of you may have read. [B]"Collecting Ancient Coins in an Era of Import Restrictions"[/B] [B][/B] [URL]https://coinweek.com/collecting-ancient-coins-in-an-era-of-import-restrictions/[/URL][/QUOTE]
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