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The Ancient Coin Collectors Guild has become a driving force in the ongoing effort to protect coin collectors and museums in which coins are stored from being forced to give up these items to foreign governments under the premise the coins are the cultural patrimony of the claimant nation. — Richard Giedroyc, World Coin News April 26, 2010

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ACCG Answers Forfeiture Complaint

Guild disputes basis for forfeiture

By Peter K. Tompa |
June 20, 2013

The ACCG has filed an answer to the Government’s complaint seeking forfeiture of the coins minted in Cyprus and China that were imported for purposes of a case to test regulations imposing import restrictions.   That lawsuit was dismissed, but an appellate court indicated that the ACCG could still press a particularized challenge to the Government’s claim that the imported coins are subject to import restrictions.  The Answer disputes that the ACCG’s coins are subject to forfeiture, arguing  that the subject coins are not treated as “archaeological objects” under applicable law and that the Government has no probable cause to believe that the coins were “first discovered in” and “subject to the export control” of Cyprus or China, a prerequisite for the restrictions to apply.   A copy of the ACCG’s answer can be found HERE.

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