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Ancient Coin Collectors Guild Comments At Italy Cultural Property Advisory Committee Hearing

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 Posted 04/20/2015  4:09 pm Show Profile   Bookmark this topic Add CCFPress to your friends list Get a Link to this Message Number of Subscribers
Ancient Coin Collectors Guild - Three numismatic organizations were represented in person at the Cultural Property Advisory Committee hearing at the State Department in Washington DC April 8th. The hearing sought public comment on a potential renewal of the existing Memorandum of Understanding with Italy. The International Association of Professional Numismatists was represented by attorney Peter Tompa and the American Numismatic Association was represented by Doug Mudd, Curator of the ANA Museum. The ACCG was represented by Wayne Sayles, Executive Director. The Committee had many questions for the numismatists and the outcome was an informative exchange of views. The ACCG's live comments at this hearing are included below. The formal written comments of ACCG were submitted to the Regulations.org website last month.


Transcript

Madam Chair and distinguished committee members,

The Ancient Coin Collectors Guild was founded as a non-profit organization in 2004. Since then, I've appeared eight times before this committee to comment on potential import restrictions. The guild and its 22 Affiliate Member clubs represent the interests of doctors, lawyers, educators, clergy, politicians and members of countless trades and walks of life. Even some archaeologists. U.S. import restrictions on ancient coins that are legally traded elsewhere around the globe negatively impact many thousands of American citizens and hundreds of businesses. The private collecting of ancient coins is a venerable activity with an associated trade dating back more than 600 years and enabling a remarkable tradition of independent scholarship. It remains, today, a legitimate and honorable pursuit that serves society well and is therefore protected under law. For tactile learners at all levels, there is no stronger connection to the past than the holding in one's hand of an authentic ancient coin—common though it might be. Even in Italy, ancient coin collectors and dealers abound—collecting and trading in coins that are on the MOU designated list here. Italy has no import restrictions on ancient coins.

Ironically, yellow journalism has portrayed private collecting in a totally different light. Spurious articles characterizing collectors as "the real looters" are classic illustrations of the Big Lie. In a recent NY Times article, archaeologist and Getty Museum director Timothy Potts acknowledged that "It has become an article of faith that any form of trade in cultural items is bad." He was of course describing an institutional ideology, not a public condemnation nor tenet of law. We are a nation governed by law. Subjective articles of faith and ethics are not precepts of law and therefore are not relevant to the deliberations of this committee. We petition this committee to honor the wishes of the People and use law, rather than emotion, as a guide to your deliberations.

We're all here, despite our differences, because of one cultural property law. It's a fair, well-thought-out law and we in the Ancient Coin Collectors Guild stand by it. In addition to protecting significant cultural objects and heritage, the Convention on Cultural Property Implementation Act very clearly recognizes and protects the trade in utilitarian artifacts like coins. It protects what we call orphaned artifacts that have circulated in international trade, often for centuries, without any requirement or need for recorded provenance. The law only allows import restrictions on objects that were "first discovered within" and "subject to export control" of a State Party with whom an MOU might be negotiated. Another of the protections under this law is the formation of this very committee to represent the interests of all affected parties and to advise on issues that are germane to the law's purpose and implementation.

We all deplore and condemn illicit trade and must cooperate with just and concerted international enforcement to combat that scourge. The Cultural Property law was written for all of us and we all need to follow it. We will and I hope you will, by following that law and exempting common coins from any renewal of this MOU.
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 Posted 04/20/2015  4:37 pm  Show Profile   Bookmark this reply Add echizento to your friends list Get a Link to this Reply
I hope this help to ease some of the import restrictions.
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 Posted 04/20/2015  5:13 pm  Show Profile   Bookmark this reply Add Athalbert to your friends list Get a Link to this Reply
I fear that you are an optimist...
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 Posted 04/20/2015  8:34 pm  Show Profile   Bookmark this reply Add echizento to your friends list Get a Link to this Reply
Wishful thinking!
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 Posted 04/20/2015  8:49 pm  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
Wayne Sayles has submitted a very well presented one side of the argument.
I would like to read opposing submissions.

If the MOU remains in force, those collectors who have owned them for decades should be able to keep them, but newly found coins in origin countries will have to remain in the country of origin.

What about those collectors in Italy who already own ancient coins, in many cases coins that have been owned by families, and have been passed down through generations? They will be allowed to keep them, but not trade them into the U.S.? That leaves an obvious option of selling them into some other country, then into the U.S. This sort of legal 'trafficing' will be as hard to stop as illegal drug trafficing.

How will the U.S. border authorities tell the differences between these two classes of ownership?

Sadly, the possibility increases, that genuine coins will be sold without provenance, which is one of the main methods of helping to prove authenticity. There remains the possibility of them being labelled as 'replicas', for the purposes of importation. These coins will need later re-authentication.

Will already owned within the U.S. ancient coins be continued to be traded amongst collectors? It seems that the major auction houses think the answer to that question will remain 'yes'.

I don't think that the Cultural Property Advisory Committee will pay any attention to Wayne Sayles' proposal of excepting common coins, because what is 'common' is largely a matter of opinion, and will be difficult to police. That policing will be carried out by operatives at U.S. borders, and that opinion will be vested in those operatives, who will have no idea of what consitiutes a 'common' ancient coin.
Edited by sel_69l
04/20/2015 8:51 pm
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