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Move To Restrict Foreign Coins Starting With Cyprus

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Victor's Avatar
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900 Posts
 Posted 01/30/2007  1:48 pm Show Profile   Check Victor's eBay Listings Bookmark this topic Add Victor to your friends list Get a Link to this Message Number of Subscribers
It is possible -This will affect all foreign coins
the message below is a repost from Wayne Sayles and is a call for action from the coin collecting community:



Fellow Coin Collectors,

January 25th, 2007 may well go down in the annals of numismatic history as the Pearl Harbor of the Cultural Property War. When the U.S. Department of State posted a notice in the Federal Register that renewal of the import restrictions on cultural property from Cyprus would be considered, Peter K. Tompa (Ancient Coin Collectors Guild President) addressed the following concern in a letter to the Bureau of Educational and Cultural Affairs (ECA). "It is unclear from the notice whether new import restrictions on coins will be considered in the context of this hearing to determine whether current restrictions on other archaeological and ethnological artifacts will be extended." Coins had been exempted from restrictions in the initial agreement five years ago. A reply from the Principal Deputy Assistant Secretary of State at ECA stated that "the Department anticipates consideration of extension of the agreement as it currently exists with respect to the categories of material." In other words, coins were not added to the list of restricted items being considered.

In my capacity as ACCG Executive Director, I then sent a letter to the Cultural Property Advisory Committee stating that since coins were not to be included, the ACCG would not take a position on the request and would not appear in person to comment during the public hearing. In other words, a quid pro quo. I was not advised of any change in position. On January 26th, the day after the public hearing, ACCG received the following notice from ECA. "On 25 and 26 January, 2007, the Cultural Property Advisory Committee met to onsider extending the bilateral agreement between the Government of the United States and the Government of the Republic of Cyprus. Shortly before that meeting, Cyprus submitted a request through normal diplomatic channels to amend the Designated List of its cultural materials for which importation is already restricted. The proposal is to include in the Designated List coins minted and found in Cyprus that are more than 250 years old." This action is a shocking disappointment. It further undermines ACCG confidence in the Bureau of Educational and Cultural Affairs that has eroded over two years of struggling with constant stonewalling and departmental secrecy. Sandbagging a legitimate nonprofit advocacy group, to circumvent an effective defense of its position, is a tactic that sinks to a level that is intolerable. In an effort to diffuse the inevitable outrage, ECA has reopened the window for comment to run through the close of business on Monday, February 6. If ever there was cause for comment, it is now. This request, if approved, will not only affect ancient coins from Cyprus, but virtually all Medieval and early modern coins. Worse, restrictions would set an irreversible precedent. The aggression of cultural property nationalists knows no limits and there is no room left in the collecting world for complacency. Every collector simply must take the time to comment. The best method is by Fax to 202-453-8803. Address your comments to Mr. Jay I. Kislak, Chairman, Cultural Property Advisory Committee. Please be specific and be polite. The ACCG provides a free online Fax service for this purpose at http://accg.us If you avail yourself of that service, a choice of sample letters will be offered or you can create your own text in any standard browser. The process is fast, easy and meaningful. Our goal for this campaign is 1,000 individual comments to CPAC. We will need every single collector's cooperation. If you can't figure out how to comment or what to say, send a note to me at director@accg.us for suggestions.

Become an activist, spread the word and encourage all of your friends to comment. This is not a practice drill.

With best regards and hope for the future of our hobby,

Wayne

Wayne G. Sayles
Executive Director, ACCG
director@accg.us

Edited by rggoodie
02/01/2007 9:59 pm
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rggoodie's Avatar
United States
23472 Posts
 Posted 01/30/2007  10:38 pm  Show Profile   Bookmark this reply Add rggoodie to your friends list Get a Link to this Reply
This is really important to read
I recommend that if you are interested in protecting the ability to collect ancients you go to this site


http://www.vcoins.com/fax/

new site as well
http://exchanges.state.gov/culprop/whatsnew.html

I have also received email from Heritage Auction Galleries about this.

Moderators I have moved this to the main coin forum
Please leave it here for 7 day

rggoodie
aka Richard
"catch em doing something right"
Edited by rggoodie
02/01/2007 9:54 pm
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rggoodie's Avatar
United States
23472 Posts
 Posted 02/01/2007  9:58 pm  Show Profile   Bookmark this reply Add rggoodie to your friends list Get a Link to this Reply
From Heritage Auction Galleries

The US Cultural Property Advisory Committee of the State Department advises the President on the imposition of import restrictions on cultural artifacts. Since 1998, the coin collecting community has been able to argue successfully against the imposition of import restrictions on coins. Now, after being assured that coins would "not be on the table" with respect to the renewal of current import restrictions on a wide variety of cultural goods of potential Cypriot origin, we have learned that Cyprus has made a last minute request to add coins older than 250 years to the current restrictions.

This request is significant. If granted, it will make it very difficult, if not impossible, to import any coin on the designated list, including many Greek, Roman, Medieval or Early Modern coins of a type that circulated in Cyprus. Even worse, it would be an adverse precedent that could easily be repeated for other Greek, Roman, Medieval or Early Modern coins known to have circulated elsewhere. That would make for a fundamental change in the coin trade — one that could very well make shows like the New York International and participation in foreign auctions a thing of the past.

Due to complaints from IAPN and PNG, the major numismatic trade associations, CPAC has reopened the record for additional comment on this issue — but only for a very limited time.

Comments must be received no later than 5 PM on Monday, 6 February 2007. Please send all comments by e-mail or fax only to:

Cultural Property Advisory Committee
Cultural Heritage Center
US Department of State
E-mail: culprop@state.gov
Fax: (202) 453-8803

For more information, see the CPAC web site at: http://exchanges.state.gov/culprop/whatsnew.html


Thank you,

Warren Tucker
Director, World Coin Auctions
Heritage Auction Galleries
3500 Maple Ave. 17th Floor
Dallas, TX 75219-3941
Warren@HA.com
1-800-872-6467 Ext. 287


rggoodie
aka Richard
"catch em doing something right"
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dsking's Avatar
United States
2365 Posts
 Posted 02/01/2007  11:01 pm  Show Profile   Bookmark this reply Add dsking to your friends list Get a Link to this Reply
No I am not FOR restrictions however, will this not increase the value of the ancients?
Rest in Peace
Gary Burke's Avatar
United States
3730 Posts
 Posted 02/01/2007  11:49 pm  Show Profile   Bookmark this reply Add Gary Burke to your friends list Get a Link to this Reply
I received the same message today, from the ANA by e-mail.
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dsking's Avatar
United States
2365 Posts
 Posted 02/02/2007  09:40 am  Show Profile   Bookmark this reply Add dsking to your friends list Get a Link to this Reply
Gary: I too received that message from the ANA. Would this turn the Cyprus ancients into "black market coins" and will it be "unlawful" down the road to possess them would be my concern. Also, how far will this extend in the future?
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