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'Sup with that?: 19 USC & 2606 or Another bureaucratic Pyrrhic Victory
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<p>[QUOTE="dltsrq, post: 4961498, member: 75482"]The United States has agreed to what are called "memoranda of understanding" with a number of nations regarding the import of antiquities, including coins. Many types of ancient coins can only be imported into the United States if it can be proven that they left their country of origin before the effective date of the appropriate memorandum (or with an export certificate). These memoranda flow from the 1970 UNESCO Convention which regulates international trade in "cultural property". Signatory states are obliged to address concerns of fellow signatories, resulting in the memoranda which outline the remedy (i.e. import restrictions). This is nothing new. So far, the memoranda have been only sporadically enforced. Some European auction houses have had shipments to the US detained or seized and are taking proactive measures, such as the letter referenced above.[/QUOTE]</p><p><br /></p>
[QUOTE="dltsrq, post: 4961498, member: 75482"]The United States has agreed to what are called "memoranda of understanding" with a number of nations regarding the import of antiquities, including coins. Many types of ancient coins can only be imported into the United States if it can be proven that they left their country of origin before the effective date of the appropriate memorandum (or with an export certificate). These memoranda flow from the 1970 UNESCO Convention which regulates international trade in "cultural property". Signatory states are obliged to address concerns of fellow signatories, resulting in the memoranda which outline the remedy (i.e. import restrictions). This is nothing new. So far, the memoranda have been only sporadically enforced. Some European auction houses have had shipments to the US detained or seized and are taking proactive measures, such as the letter referenced above.[/QUOTE]
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'Sup with that?: 19 USC & 2606 or Another bureaucratic Pyrrhic Victory
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