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<p>[QUOTE="cplradar, post: 8005999, member: 108985"]I have a detailed answer to this, but a short answer just for now is that Numismatic items have specific properties that make them more susceptible to theft than other items, like clothing or furniture or electronics or soap, which makes them deserve specific coverage under the law. These include the following bullet points</p><p><br /></p><ul> <li>Coins are highly portable, by design</li> <li>they are highly valuable, more than even just bullion</li> <li>they are easy to liquidate in the market</li> <li>they are hard to identify individually without great expertise or/and AI</li> <li>coin thefts tend to lead to violence as we can see with the large number of murdered coin dealers over the years.</li> <li>"rare" coins are used for wealth accumulation</li> <li>Coins are cultural artifacts that need protection from destruction, such as melting them down.</li> </ul><p><br /></p><p>Other properties that share these characteristic, especially in years past, had special law to protect them, such as negotiable bonds, bank deposits, Jewels, commercial drugs even.[/QUOTE]</p><p><br /></p>
[QUOTE="cplradar, post: 8005999, member: 108985"]I have a detailed answer to this, but a short answer just for now is that Numismatic items have specific properties that make them more susceptible to theft than other items, like clothing or furniture or electronics or soap, which makes them deserve specific coverage under the law. These include the following bullet points [LIST] [*]Coins are highly portable, by design [*]they are highly valuable, more than even just bullion [*]they are easy to liquidate in the market [*]they are hard to identify individually without great expertise or/and AI [*]coin thefts tend to lead to violence as we can see with the large number of murdered coin dealers over the years. [*]"rare" coins are used for wealth accumulation [*]Coins are cultural artifacts that need protection from destruction, such as melting them down. [/LIST] Other properties that share these characteristic, especially in years past, had special law to protect them, such as negotiable bonds, bank deposits, Jewels, commercial drugs even.[/QUOTE]
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