Archive – Customs regulations
Which Italian coins will the MOU between the US and Italy affect?
The US and Italy have reached an agreement on a more intense control concerning the import of Italian coins into the United States. Wayne Sayles gives a short summary, which coins are concerned... [ more ]
European Commission calls on Germany to change its rules on VAT concerning art objects (among them coins)
The European Commission has officially asked Germany to change its VAT rules as regards the application of a reduced VAT rate to the supply of works of art and collectors’ items. Germany’s current rules are incompatible with EU law.
German Dealers’ Associations are protesting in strongest terms against this change. [ more ]
Verdict in 1933 Double Eagle Trial Upheld
A federal judge confirmed a 2011 verdict regarding ten 1933 Double Eagle gold coins. Founders handed them over to the Philadelphia Mint for authentication. But then the United States had claimed their right on these coins which by a jury a now again has been recognised. [ more ]
Germany keeps reduced VAT rate of 7 percent on coins and other objects of art in 2013
After long debates only one thing is certain: Germany is going to keep its reduced VAT rate of 7 percent on coins and other works of art for the next year. However, the reduced VAT rate will be abolished from January 1, 2014. [ more ]
From small acorns … Ancient Coin Collectors on the steps of the Supreme Court
In 2007 Washington imposed draconian import restrictions on ordinary coins creating thus massive problems for coin collectors. The Ancient Coin Collectors Guild has filed a ‘test case’ and applied to the United States Supreme Court. [ more ]