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Provenance: Nice but not Law

January 22, 2016 in Ancient Coins, Blogs, Coins, Collecting, Education, History, Numismatica, Numismatics, Opinion, World Coins

By: Wayne G. Sayles Ancient Coin Collecting (Wayne G. Sayles)

As a result of persistent ideological proselytization, some elements and individuals within the Federal bureaucracy have come to believe that importation of common ancient coins manufactured in countries with which the U.S. has negotiated and signed a Memorandum of Understanding must be accompanied by “Provenance” showing the whereabouts of that item for some specified period of time. In fact, the governing law—Convention on Cultural Property Implementation Act (CCPIA-1983)—never included this provision in either letter nor intent. The basis for this recent provenance fixation is unfounded. That is not to say that coin collectors do not value provenance,… Full article at the source>

Source: Ancient Coin Collecting (Wayne G. Sayles)

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