Bipartisan Bill Would Facilitate Trade in Coins
A bipartisan bill introduced by members of the House Ways and Means Committee would make changes to the Convention on Cultural Property Implementation Act to facilitate trade in coins and medals. The bill, led by Rep. Beth Van Duyne, R-Texas, would have importers or buyers decare under oath that coins and medals were lawfully exported from the country where they were acquired, and the purchase was lawful, and that they aren't known to be "the direct product of illicit excavations" abroad after restrictions on exporting goods of this type were imposed.
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There would be no other documentation required for importing coins "unless the customs officer has probable cause based on documentary evidence to believe that the satisfactory evidence is false or fraudulent.”