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<p>[QUOTE=&quot;robinjojo, post: 5197428, member: 110226&quot;]While I am putting together a list of the 10 most notable coins purchased during this tumultuous year, one event is closing in fast - the end of the transitional period for Brexit.&nbsp; This year, 2020, was supposed to be the transitional year that the UK, still trading with the EU under the pre-Brexit agreement, was to lead to some kind of deal or agreement to move forward, now that the UK formally has left the EU (this actually occurred on January 1, 2020).&nbsp; </p><p><br /></p><p>Well, not much progress has been made, so there is a very real chance that the much delayed &quot;hard&quot; Brexit could occur on midnight, December 31, 2020.&nbsp; Even if a &quot;deal&quot; is reached, it is hard to sort out all of the implications and impacts that this separation is going to have in the long term - quite a muddle.</p><p><br /></p><p>One question that I have is the impact that Brexit with have, deal or no deal, on business relationships between UK coin firms and their EU partners or competitors. I know that some UK firms have arrangements with EU firms to auction or sell on another&#039;s coins.&nbsp; I assume this is being done through arrangements under the EU umbrella.&nbsp; What happens when the UK is no longer part of&nbsp; this umbrella, as it will on January 1, 2021?&nbsp; Will there be import duties imposed by the EU now that the UK is outside the Union, and vice versa?&nbsp; Will UK numismatic firms locate to the continent?</p><p><br /></p><p>From the EU perspective, there is certainly no incentive to grant the UK any major concessions - that could lead other members to leave the Union.&nbsp; Besides, as the old American Express ad went, &quot;membership has its privileges&quot;. </p><p><br /></p><p>So, with the witching hour a few weeks away, what is the future the coin trade in the UK and the EU, important sources for coin collectors of all stripes.</p><p><br /></p><p>Any thoughts?[/QUOTE]</p><p><br /></p>

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