U.S. Imposes Restrictions on Importing Cypriot Coins
In a move that some coin collectors fear could eventually make it difficult to pursue their passion, the United States government has imposed import restrictions on ancient coins from Cyprus. It is the first time the United States has limited trade in a broad category of coins as part of an effort to guard the cultural heritage of another country.
The new rules, which were adopted last week and went into effect on Monday, would essentially bar the importation of any ancient coin from Cyprus unless authorized by the Cypriot government. The limits are part of a broader agreement between the United States and the Republic of Cyprus to extend for five years existing restrictions on the import of pre-classical, classical and Byzantine art and artifacts from the island.
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The new rules, which were adopted last week and went into effect on Monday, would essentially bar the importation of any ancient coin from Cyprus unless authorized by the Cypriot government. The limits are part of a broader agreement between the United States and the Republic of Cyprus to extend for five years existing restrictions on the import of pre-classical, classical and Byzantine art and artifacts from the island.