IMPORTANT: Ancient collectors may want to read this!

Discussion in 'Ancient Coins' started by cpm9ball, Oct 18, 2011.

  1. cpm9ball

    cpm9ball CANNOT RE-MEMBER

    [h=2]Message received today from Harlan J. Berk, Ltd. re: DOS-2011-0115[/h]
    Anybody interested in collecting ancient coins might want to weigh in on this issue with their U.S. Senator or Representative. I called Senator Dick Durbin's office today and lodged my opinion against such restriction being considered or enacted by the 'Committee.'

    Apparently, a committee has been turned over to archaeologists and they may restrict the importation of many ancient coins coins which have been widely available and collected in the past.

    Dear Fellow Numismatists: By using a small seemingly unimportant country like Bulgaria they are trying to blind side us into restrictions on Roman Imperial and Greek coins. If you want to continue collecting and supporting the hobby you MUST respond now and EVERY time. This is an ongoing battle and we wanted you to be aware of how this legislation can greatly effect collecting in the future. Also if you personally know a congressman or senator clue them in. Dick Durbin, when I spoke to him, never heard of CPAC.

    Below is an email from Peter Tompa which details the entire situation. Below that is another link that Mr. Tompa sent later.

    Sincerely,
    Harlan J. Berk
    -----------------------------------------------------------------------------------------------------------------------
    The US State Department is seeking public comment on a new request for import restrictions made on behalf of Bulgaria. To submit comments electronically to the State Department's Cultural Property Advisory Committee (CPAC), go here:

    http://www.regulations.gov/#!submitC...2011-0115-0001

    For further details of the request, see http://exchanges.state.gov/heritage/whatsnew.html

    What is at issue?

    Despite President Obama's efforts to foster government transparency, the State Department has not indicated whether coins are part of the request. Nonetheless, based on recent history, it is probable that import restrictions on coins will be proposed. As a practical matter, this means the State Department and US Customs may be considering restrictions on tribal coinages from Thrace, coins of Greek city states like Apollonia Pontica and Messembria, Roman provincial coins struck at Bulgarian mints, and even some Roman Imperial coins. It's also possible that any restrictions will include later coins as well. Though details are few, the public summary the State Department has provided indicates that Bulgaria seeks import restrictions on objects from 7500 B.C. to the 19th c. AD. If restrictions are imposed on coins, many common types will likely become so difficult to import legally that they will become unavailable to most collectors.

    Why bother?

    Large numbers of coin collectors have made their concerns known to CPAC. Recently, 70% of the comments CPAC received on an MOU with Greece were from concerned coin collectors. Even though recent extensions of import restrictions to certain Greek and Roman Republican coins from Italy and on coins from Cyprus despite the vast amount of public comment make it easy to become cynical, public comment can at least help moderate demands for import restrictions. For example, the archaeologists actively sought import restrictions on Roman coins as well during the discussions about the Italian MOU, but they remain exempted, and thus easy to obtain on the open market, likely due to the 2000 or so faxes CPAC received from concerned collectors.What should I say? Tell the State Department and CPAC what you think about the bureaucracy's efforts to deny you the ability to collect common ancient artifacts that are available worldwide. You might also might consider noting that coins from Bulgarian mints are common and often very inexpensive. Tens of thousands or hundreds of thousands exist in collections around the world, and because of the low price the vast majority of these coins will never have been through an auction and will have no verifiable provenance.

    If you are having trouble commenting from the direct link above, go to

    http://www.regulations.gov and search on docket number DOS-2011-0115.

    Further information about regulation.gov, including instructions for accessing agency documents, submitting comments, and viewing the dockets, is available on the site under "How To Use This Site." Kindly note that your comments will be public so avoid conveying any personal information, and, of course, be polite in commenting on the issue.Please submit comments just once, before the cutoff of 5:00 PM EST Nov. 2, 2011.

    Peter K. Tompa
    Bailey & Ehrenberg PLLC
    1015 18th Street, NW
    Suite 601
    Washington, DC 20036
    Phone: 202.331.4209
    Facsimile: 202.318.7071
    Email: pkt@becounsel.com
    Web: www.becounsel.com
     
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  3. Mat

    Mat Ancient Coincoholic

    Definitely not cool :(
     
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