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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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Senator Schumer accepts ACCG award

Senator Chuck Schumer (D-NY) has been recognized by the ACCG for his support of collectors.

March 22, 2007

On January 30, 2007, the Ancient Coin Collectors Guild awarded Senator Chuck Schumer (D-NY) its Friend of Numismatics Award. Senator Schumer joins Senator Kit Bond of Missouri and Congressmen Green, Petri and Ryan from Wisconsin in accepting this token of appreciation from the ancient coin collecting community. Senator Schumer provided valuable assistance to his New York constituents in the arts and collecting community when concerns arose over the State Department’s handling of a very broad request for import restrictions purportedly made by the People’s Republic of China (PRC). After it became apparent that there may have been irregularities in how the State Department processed a PRC request involving a wide variety of cultural artifacts dating from Neolithic times to AD 1911, Senator Schumer and Jeff Hamond of his staff hosted a meeting where the concerns of New Yorkers, including collectors and the small businesses of the numismatic trade, were raised directly with a high ranking State Department official. The "Friend" award was presented in Washington DC by ACCG President Peter K. Tompa. Mr. Hamond accepted on behalf of Senator Schumer.


The United States has reserved its independent judgment regarding the scope and need for import controls on cultural artifacts. Under the Convention on Cultural Property Implementation Act, America’s actions in these complex matters are not to be bound by the characterizations of other countries as to what is a “culturally significant artifact.” For example, while Chinese coins are purportedly on the list of items China seeks to have embargoed from import, there are millions of such artifacts in existence and they are widely collected around the world, including within China itself. Questions about the fairness of the process helped encourage a number of U.S. Senators and Representatives to express their concerns about the Chinese import restriction request to the State Department. As a result of their efforts, the Chinese request has been tabled for now, but the concerns about the process remain.

The United States has reserved its independent judgment regarding the scope and need for import controls on cultural artifacts. Under the Convention on Cultural Property Implementation Act, America’s actions in these complex matters are not to be bound by the characterizations of other countries as to what is a “culturally significant artifact.” For example, while Chinese coins are purportedly on the list of items China seeks to have embargoed from import, there are millions of such artifacts in existence and they are widely collected around the world, including within China itself. Questions about the fairness of the process helped encourage a number of U.S. Senators and Representatives to express their concerns about the Chinese import restriction request to the State Department. As a result of their efforts, the Chinese request has been tabled for now, but the concerns about the process remain.

The ACCG is a non-profit organization committed to promoting the free and independent collecting of coins from antiquity. The ACCG has over five hundred individual members, including many residents of New York state, as well as eighteen affiliated numismatic clubs. There are an estimated 50,000 serious ancient coin collectors in the United States and millions of additional Americans who enjoy collecting coins. New York is a center of the numismatic trade and hosts a major international numismatic convention each year. Wide ranging import restrictions on coins could cut ties between American and foreign collectors attending such shows. As such, the study, preservation and display of common artifacts could suffer along with the people to people contacts numismatics helps encourage between Americans and citizens of other countries, primarily people from our allied nations in Europe.

Photo Caption: Mr. Jeff Hamond (right), on behalf of Senator Schumer, accepts the ACCG "Friend of Numismatics" award from guild president Peter K. Tompa.

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