Comments on: Collectible Coin Protection Act Becomes Law

By: NC Coppers

NC Coppers — Wed, 04 May 2016 18:04:56 +0000

The real question is how do you get this enforced… I have spoken to local officials and have been told (completely off the record)they have bigger fish to fry, and proving intent is the problem, they have also challenged me about the authenticity of a coin and what makes them believe that a particular coin real or a fake and saying all they have to go on is my word or expertise and that is not just enough… basically they are saying if they cannot tell, then no one can and they will not risk bad blow-back from a perpetrator and take any action at all. So even with the law what do we actually have…???

By: ToppCatt

ToppCatt — Tue, 06 Jan 2015 14:54:42 +0000

Mike,

“Unlawful search and Is seizure” is in itself unlawful by itself. That’s like saying and saying illegal alien is unlawful. Where and when did this happen anyway?ToppCatt

By: Mike

Mike — Tue, 23 Dec 2014 01:51:39 +0000

I would have liked them to go even further in the protection of our passionate or even addictive hobby. Protect us from any intrusion by the U.S. Governments, State and Local that prohibits those entities from unlawful search and seizure of numismatic or bullion precious metals for any reason. If you will, a 2nd amendment for coin.

By: fmtransmitter

fmtransmitter — Mon, 22 Dec 2014 18:30:30 +0000

Further stipulations outline that all steps in the counterfeiting process can be prosecuted — from manufacturing to shipping and sales, and that all parties may be held accountable no matter their location of business.
USPS, UPS, FEDEX?

By: Boz

Boz — Mon, 22 Dec 2014 15:34:16 +0000

Congress actually did something?

By: Richard

Richard — Mon, 22 Dec 2014 13:05:39 +0000

Here’s hoping it helps. So long as companies like the Big tree Coin Factory (Google it) are legal in their home countries production will go on, and ill-informed people will continue to buy them. (Not to mention what is already floating around the market, including faked slabs.) It’s a bit like the drug business, where demand drives supply no matter what the laws, but hopefully this will become more controlled over time. Meanwhile vigilance is the best weapon; researching any valuable coin before you buy it (and ideally knowing your seller) is always called for.