Moan, moan, whinge, whinge that's all coineys seem to do these days faced with the prospect that there is political resistance to the open trade in illicitly exported dugup artefacts in the USA. But they threaten to fight back:
Hopefully, then someone in the Obama White House political operation will realize there is a problem at CPAC and the State Department that is threatening to turn ancient coin collectors (most of whom are likely Democrats) against President Obama's reelection bid. Can the President's appointees really afford to alienate at least 50,000 serious ancient coin collectors and the hundreds of small businesses of the numismatic trade [...]?
They are most likely WHAT? Ha ha haa... That certainly is not the impression I get from reading what the loudest of them write. Glenn Beck clones to a man.Anyway, was not the fashion for the coin-controlling MOUs started under the previous guy? Were not many of those until recently in the CPAC appointed by and serving under the 'Publican President?
The only coin collectors and dealers who consider the State Department a "threat" are those dumb enough to believe the ACCG crap without checking that what the MOUs refer to are illicitly exported artefacts. The only coin collectors "threatened" by the CPAC and CCPIA are those who could not care less whether the dugup coins they buy are licitly brought to the market, or illicitly exported. People like that probably do not vote anyway, and if they did it's sure as my name is not Jane that it'd not be for the Democrats.
A government that helps protect threatened resources will get the vote of the decent folk, and those are the ones that count. What party wants the stigma of attracting the redneck ruffian vote?
You are being disingenuous when you claim that MOU’s only apply to “illicitly exported” items. Import restrictions as applied by US Customs bar entry of coins openly and legitimately sold in markets abroad because they are of a type on a designated list. There is an exception if they come directly from the country for which import restrictions are granted that are accompanied by an export permit.
ReplyDeleteThere are currently import restrictions on certain coins of Cypriot, Chinese and Italian types. Cyprus offers no export permits. Italy does, though the process is expensive and time consuming. It is also my understanding that China issues export certificates, but I’m not sure how easy or hard they are to obtain. Even if export certificates are provided, the costs of obtaining them may very well exceed the value of the coin itself, particularly if the coin in question is only worth a few dollars.
The other means under the CPIA of legally importing coins on the designated list coming from third countries is to provide certifications documenting that the coin in question was out of either Cyprus, China or Italy as of the date of the restrictions. Again, even if this information is available and the foreign consigner is willing to provide it, the costs of compliance may very well exceed the value of the coin itself.
It is hard to beleive the ACCG mindset at times.Shocking
ReplyDeleteI suppose we can be thankful for small mercies that Peter tom,pa did not try to pull the wool over our eyes (as he successfully did with dull-as-ditchwater coineys) that the CCPIA is about documenting "provenance"... So if you have NOT got an export licence, what does its export become? Note that the CCPIA defines "(a) Documentation of lawful exportation" (section 2606). So if it's not got that docuumentation, what kind of exportation IS it? (Duh.)
ReplyDeleteOr you can get the seller to scribble some platitudes about a "belief" that the objects come from an "old collection" on a piece of company letterhead. I'd say the "price" of that is a matter for negotiation.
See now: http://paul-barford.blogspot.com/2011/11/us-import-restrictions-only-apply-to.html
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