Numismatic News - Possible changes regarding restrictions on the importation of certain coins into the United States were discussed during a May 24 open session held by the U.S. State Department Cultural Property Advisory Committee regarding the renewal of existing Memorandum of Understanding with both Bolivia and Greece.
The first two speakers opposed import restrictions on ancient coins, the second two speakers supported restrictions, while the balance of the speakers supported leaving the existing MOUs unchanged.
The MOU with Bolivia focused on textiles and artifacts. When asked by a CPAC committee member about coins found in Bolivia, speaker Nathan Elkins said he "is no expert." Elkins, however, testified that coins are looted by the thousands. Elkins has previously written an article critical of the Ancient Coin Collectors Guild's test case regarding ancient coins imported into the United States lacking what is currently required documentation. Elkins favors even commonly encountered coins found in a given country to be covered by the MOU.
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