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<p>[QUOTE="chrisild, post: 2518696, member: 39"]The German law you are referring to is based on European <a href="http://eur-lex.europa.eu/legal-content/EN/TXT/PDF/?uri=OJ:JOL_2014_159_R_0001" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://eur-lex.europa.eu/legal-content/EN/TXT/PDF/?uri=OJ:JOL_2014_159_R_0001" rel="nofollow">frame legislation</a>. Unlike an EU regulation (which is directly binding law), a directive such as this one needs to be implemented by member state law.</p><p><br /></p><p><br /></p><p>True, three months ago the UK finally voted to get out of the EU. Unfortunately the British government has not done anything so far to start the Article 50 procedure and thus respect the vote. Once the UK has left our community, the country may of course ignore such directives. But who knows when they actually initiate that process ...</p><p><br /></p><p>And no, as I wrote before, the new law does not affect all "non-modern" coins. It was the initiative of coin dealers and collectors that resulted in the differentiation (archeologically relevant or not) that was later built into it. But dealing with this differentiation will take some time. Quite possibly some lawsuits too.</p><p><br /></p><p>Christian[/QUOTE]</p><p><br /></p>
[QUOTE="chrisild, post: 2518696, member: 39"]The German law you are referring to is based on European [URL='http://eur-lex.europa.eu/legal-content/EN/TXT/PDF/?uri=OJ:JOL_2014_159_R_0001']frame legislation[/URL]. Unlike an EU regulation (which is directly binding law), a directive such as this one needs to be implemented by member state law. True, three months ago the UK finally voted to get out of the EU. Unfortunately the British government has not done anything so far to start the Article 50 procedure and thus respect the vote. Once the UK has left our community, the country may of course ignore such directives. But who knows when they actually initiate that process ... And no, as I wrote before, the new law does not affect all "non-modern" coins. It was the initiative of coin dealers and collectors that resulted in the differentiation (archeologically relevant or not) that was later built into it. But dealing with this differentiation will take some time. Quite possibly some lawsuits too. Christian[/QUOTE]
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