Thursday, December 22, 2016

Stuck in the SWAMP


Great piece in Coins Weekly by the tireless Peter Tompa discussing concerns with a new MOU with Egypt's authoritarian government:
Restrictions drafted with administrative convenience in mind rather than fidelity to the law cause considerable collateral damage. Due to their wording, small businesses of the numismatic trade and collectors risk detention, seizure and forfeiture of designated Egyptian coin types legally exported from Europe. Many historical coins on the market and in collections abroad simply can’t meet the law’s stringent provenance requirements for legal import.
American collectors should only purchase their coins from reputable dealers. Before importing coins from abroad, confirm that the seller abroad is able to provide the necessary paperwork for a legal import. Going forward, the author hopes the new Administration will take a hard look at current State Department and Customs practices. Efforts to protect cultural patrimony cannot be allowed to justify the taking of private property without due process of law.
Why should democracies that value private property rights and due process follow the lead of a military dicatorship?  Let's draiun that swamp.

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