U.S. State Department bans the import of certain "ancient" Chinese coins
U.S. State Department Continues Stonewalling
Collectors are likely unaware of it, but a Memorandum of Understanding or MOU was signed by someone in the U.S. State Department just prior to the inauguration of President Barack Obama through which import restrictions on cultural patrimony originating from China are now in place.
According to Ancient Coin Collectors Guild representative Wayne Sayles, in his "Through the Looking Glass" column in the March issue of The Celator, no representative of China to whom his organization had contacted was aware of the MOU, but nevertheless this MOU bans the import of certain "ancient" Chinese coins.
The ACCG is one of many entities having trouble understanding the MOU. Raleigh, N.C., coin dealer Bob Reis wrote in his March fixed price list titled "Anything Anywhere," "[The] U.S. State Department just put out a 'memorandum of understanding' that seems to require new paperwork for import from China of coins, etc. before 960 A.D. China had been asking for before 1911. A colleague in Hong Kong thinks that this doesn't apply to HK dealers. It certainly does not apply to import from countries other than China. Since a similar agreement with Cyprus I have not noticed that Ptolemaic tetradrachms from Paphos have disappeared from the market, though . . .
Full story at: Link
Collectors are likely unaware of it, but a Memorandum of Understanding or MOU was signed by someone in the U.S. State Department just prior to the inauguration of President Barack Obama through which import restrictions on cultural patrimony originating from China are now in place.
According to Ancient Coin Collectors Guild representative Wayne Sayles, in his "Through the Looking Glass" column in the March issue of The Celator, no representative of China to whom his organization had contacted was aware of the MOU, but nevertheless this MOU bans the import of certain "ancient" Chinese coins.
The ACCG is one of many entities having trouble understanding the MOU. Raleigh, N.C., coin dealer Bob Reis wrote in his March fixed price list titled "Anything Anywhere," "[The] U.S. State Department just put out a 'memorandum of understanding' that seems to require new paperwork for import from China of coins, etc. before 960 A.D. China had been asking for before 1911. A colleague in Hong Kong thinks that this doesn't apply to HK dealers. It certainly does not apply to import from countries other than China. Since a similar agreement with Cyprus I have not noticed that Ptolemaic tetradrachms from Paphos have disappeared from the market, though . . .
Full story at: Link
posted by A.C. Dwyer at 5:52 PM
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