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<p>[QUOTE="red_spork, post: 7787411, member: 74282"]Insurance generally does not cover customs seizures. You don't have to worry about customs when you're a US collector buying coins already in the US however</p><p><br /></p><p><br /></p><p><br /></p><p>It's not any Roman republic denarius at all actually, this bit refers to pre-denarius types. That pre-denarius cutoff was considered a "compromise" when the MOU was originally passed(as stupid as the term is any time it's used to describe unilateral actions which do not benefit one side at all).</p><p><br /></p><p>The one bit of good news is the actual Cultural Property Implementation Act that controls these MOUs has a sort of loophole built into the law itself, which is the 10 year cutoff. Regardless of when the MOU passed, if you have evidence that a coin was out of the source country 10 years before today, you can import it. Even 50 years in the future if the MOU keeps getting extended, the cutoff won't be 2011(when they originally passed it), but 10 years before the current date, unless congress actually amends the law, which seems unlikely. That also means that every single day, more coins are becoming legal to export that previously showed up on the market too late. There's nothing the unelected buereacrats in the state department can do about the 10 year provision, no matter how many MOUs they pass.[/QUOTE]</p><p><br /></p>
[QUOTE="red_spork, post: 7787411, member: 74282"]Insurance generally does not cover customs seizures. You don't have to worry about customs when you're a US collector buying coins already in the US however It's not any Roman republic denarius at all actually, this bit refers to pre-denarius types. That pre-denarius cutoff was considered a "compromise" when the MOU was originally passed(as stupid as the term is any time it's used to describe unilateral actions which do not benefit one side at all). The one bit of good news is the actual Cultural Property Implementation Act that controls these MOUs has a sort of loophole built into the law itself, which is the 10 year cutoff. Regardless of when the MOU passed, if you have evidence that a coin was out of the source country 10 years before today, you can import it. Even 50 years in the future if the MOU keeps getting extended, the cutoff won't be 2011(when they originally passed it), but 10 years before the current date, unless congress actually amends the law, which seems unlikely. That also means that every single day, more coins are becoming legal to export that previously showed up on the market too late. There's nothing the unelected buereacrats in the state department can do about the 10 year provision, no matter how many MOUs they pass.[/QUOTE]
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