Easier Trade and Collecting of Coins and Numismatic Materials
New rules simplify the legal trade and collection of numismatic items like coins and banknotes. The changes clarify what documents are needed to prove the legal origin of these items, potentially making it easier for collectors and dealers while still guarding against illicit trade.
Key points
The definition of "numismatic material" now explicitly includes coins, tokens, paper money, medals, and related objects.
Import restrictions for numismatic materials are clarified, requiring satisfactory evidence of lawful acquisition and known type.
Customs officers cannot demand additional documentation beyond specified requirements unless there is probable cause of fraud.
Status:
Introduced
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