To amend the Convention on Cultural Property Implementation Act to make certain technical corrections to facilitate the lawful trade and collecting of numismatic materials.

Key Points

• This bill, introduced by Representative Van Duyne, aims to make it easier for collectors to legally bring rare coins, medals, and old paper money into the United States.
• It creates a clear legal definition for these items, including tokens and historical medals, so there is less confusion at the border about which objects are covered by trade rules.
• Importers would be able to bring these items into the country by signing a statement under oath that the items were bought legally and are not the result of illegal treasure hunting or looting.
• To prevent unnecessary delays, the bill stops customs officers from asking for extra paperwork unless they have a specific reason to believe the collector is lying or committing fraud.
• This change is meant to help hobbyists and professional dealers trade historical items more freely while still following international laws that protect cultural artifacts.

Impact Analysis

Govbase has not yet run an impact analysis on this legislation.