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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 Board updates Code of Ethics

The ACCG Code of Ethics has been modified in part to clarify the guild's position in regard to illicit trade.

By ACCG Board of Directors |
June 15, 2010

The ACCG Code of Ethics adopted initially in January of 2005 has been updated by a formal decision of the Board of Directors on June 6, 2010. The change is embodied entirely within paragraph 1 of the code. The paragraph formerly read:

"1. Coin Collectors and Sellers will not knowingly purchase coins illegally removed from scheduled archaeological sites or stolen from museum or personal collections, and will comply with all cultural property laws of their own country."

It has been revised to read:

"1. Coin collectors and sellers will not knowingly purchase coins stolen from private or public collections or reasonably suspected to be the direct products of illicit excavations in contravention of national patrimony laws. Coin collectors and sellers will also comply with all applicable customs laws."

This revision was felt necessary in order to clarify the position of the guild in regard to illicit excavations in countries where patrimony laws make such excavation products stolen property. It also recognizes the responsibility of importers and exporters to accurately describe and value objects being transported or shipped and to comply with any customs laws that may be applicable.

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