9/10/2023 0 Comments Collecting roman coinsFurthermore, Bulgaria has a robust domestic ancient coin market, Roman Imperial coins circulated internationally from Britain to Sri Lanka, making it impossible to assume that any such coins originate from Bulgarian find spots absent documentary proof. At its peak, the Roman Empire stretched from present-day Britain to Syria, from the north to the modern-day Netherlands to the south of northern Africa. Most ancient coins were minted and circulated over a thousand years before modern political boundaries existed. For example, an upcoming renewal of a current memorandum of understanding with Bulgaria will likely see an effort to expand the scope of current import restrictions to include ancient Roman Imperial coins. For any one country to claim these ancient coins as their property is a stretch of historical facts, but that is what some foreign governments are trying to do today. And there are untold more buried across Europe and parts of Africa and Asia. There are tens of millions if not hundreds of millions of ancient Roman coins in private collections and museums around the world today. Given that ancient coin collecting in America traces its roots back to one of our first presidents and his son, who also became president and previously served as Secretary of State, it is ironic that modern day bureaucrats in the State Department are taking actions to limit the ability of Americans to purchase ancient Roman coins from around the world. Coin collecting can be a great activity to connect generations and strengthen family bonds.Ĭollectors purchase ancient Roman coins through a variety of means including online auctions, trade shows and local coin dealers. Just as John Adams passed on his interest in ancient coins to his son, many people are first introduced to the hobby by a parent or grandparent. Rare coins being auctioned to help pay victims of Utah Ponzi scheme.Utah Jazz owner to sell late-husband’s $25M coin collection, donate money to children’s hospital.The number and extent of such import restrictions have grown dramatically in recent years. Now, even collecting common Roman coins is at risk. While Congress designed import restrictions to be narrowly tailored to protect items demonstrated to have been illegally removed from a given country after the effective date of the regulations, State Department bureaucrats have instead employed their authority far more broadly as embargoes to detain, seize and repatriate all sorts of cultural goods imported here from legitimate markets in places like Europe. Unfortunately, our ability to purchase ancient Roman coins from around the world is at risk due to ever increasing numbers of import restrictions that are being implemented through memorandums of understanding between the Department of State’s Bureau of Education and Cultural Affairs and foreign governments. Many Americans who collect coins have at least one or two ancient Roman coins in their collections. Some are serious collectors who spend a great deal of time researching and collecting a variety of coins, others are more casual collectors. Coin collecting is a great way to learn about different cultures and time periods. Like the Adamses, millions of Americans collect coins. The coins they collected led to nation-building conversations between father and son about ancient governments, philosophers and leaders. John Adams was not only one of America’s Founding Fathers and our second president, he was also an avid collector of ancient coins, and he passed on his love of ancient history and ancient coins to his son, John Quincy Adams.
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