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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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Members of Congress weigh in on CPIA concerns

November 05, 2010

 

Within the past year, requests for import restrictions on coins have been received from Italy and Greece and Memorandums of Understanding are likely to be announced in the near future.  The concerns of the collecting community have not only been expressed through significant public comment, but through a growing stack of letters from both the Senate and the House expressing concern over this process.  The most recent of these is a letter dated September 27, 2010 from 12 members of Congress, both Republicans and Democrats, addressed to Secretary of State Hillary Rodham Clinton.  It expresses concern over actions of the Bureau of Educational and Cultural Affairs that "appear to undermine the legislative intent..." of CPIA.  The letter points out that the restrictions on Cypriot and Chinese coins "...only discriminate against American collectors and represent a taking of their private property."  The letter goes on to ask for a careful review of the Italian request stating "...specifically, there should be no expansion of the MOU to include coins, commonplace items that stand outside the scope of the legislative intent behind CPIA."  A copy of the letter is posted in image form below

Representative Paul Ryan (R-WI) took the lead on this letter, with support from Representatives John Spratt (D-SC), John Culberson (R-TX), Joe Courtney (D-CT), Thomas Petri (R-WI), Ciro Rodriguez (D-TX), John Campbell (R-CA), Sam Johnson (R-TX), Rob Wittman (R-VA), Lamar Smith (R-TX), Jo Ann Emerson (R-MO) and Michael Burgess (R-TX). Ancient coin collectors who are represented in Washington by any of these Members of Congress are encouraged to contact the local or national offices and thank them for their support.


 

 Ryan Letter p.2

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