Renewal of Italian MOU Threatens Ability to Collect Ancient Roman Imperial Coins

Jul 15, 2020 303

On June 8, 2020, the State Department of the United States announced a proposal to extend its Memorandum of Understanding (MoU) with Italy. The MoU, which was originally agreed to in 2001 and augmented every five years since, establishes restrictions on imports of certain artifacts of cultural importance from Italy to the United States.

But while this sounds like a reasonable approach to the protection of cultural heritage, members of the archaeological community have in recent years used these Memoranda to impinge upon–if not prohibit outright–the private buying and selling of coins, especially ancient coins.

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SOURCE: https://coinweek.com/

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