November 8th, 2009

BANISHED!: Not All Undocumented Ancients Are Counterfeit

[FALLBROOK, CALIFORNIA] The Professional Numismatists Guild (PNG) has agreed to continue working with the International Association of Professional Numismatists (IAPN) to oppose irrational bans on the importation of coins into the United States. PNG will provide $12,000 toward the work.

“The PNG Board of Directors unanimously agreed to contribute the funds to assist IAPN in its lobbying efforts to combat unfair import restrictions. We are concerned that overzealous Customs Bureau agents may unfairly misconstrue even well-meaning regulations by mistakenly claiming that any undocumented ancient coin is a stolen cultural property artifact of another country,” said PNG Executive Director Robert Brueggeman.

“This is a frustrating and ironic situation,” said PNG President Paul Montgomery. “The U.S. already has agreements with Cyprus and China that hinder the importation of coins that may have widely circulated centuries ago and, in fact, are now easily available for purchase by the public in those countries. Yet, Customs officials are seemingly doing nothing to stop the egregious importation into the U.S. of counterfeit coins from China and elsewhere.”

PNG and IAPN officials are concerned about efforts by the Archaeological Institute of America to train Customs inspectors to detect and seize coins suspected of being imported in violation of the Convention on Cultural Property Implementation Act.

Additional information is available online at www.PNGDealers.com and www.IAPN-coins.org.

2009 . News and Notes . November