The Ancient Coin Collectors Guild (ACCG), an advocacy group for private collectors and independent scholars, announced the filing of a Freedom of Information Act (FOIA) lawsuit against the U. S. State Department (DOS), according to a story that this week on NumisMaster.com.
According to Wayne G. Sayles, executive director of the guild, this action became unavoidable due to persistent refusal of the Bureau of Educational and Cultural Affairs (ECA) to provide the guild and others with information relating to requests for import restrictions.
The DOS recently imposed unprecedented import restrictions on ancient coins from Cyprus, requiring importers of even a single common coin of Cypriot type to provide what the ACCG believes to be unfair, unworkable and unnecessary documentation.
The ACCG seeks information relating to requests from Cyprus, China and Italy. In each case, apparent irregularities in the way these requests were handled led to significant concerns.
Members of the U.S. Senate and House of Representatives also requested similar information on behalf of the ACCG and others.
"None of these avenues produced responsive replies," said Peter K. Tompa, ACCG president. "The reason for this lawsuit is that the DOS has refused to provide meaningful information. We seek transparency and fairness of the process by which decisions affecting the American people are made." Click for full story.
First of all the 1935 canadian cent sells for arunod $1 in grade extra fine. The 1935-S sells for $2.50 in that grade. Canadian coins actually are scarcer than most US coins but not all and sell for less. That is due to fewer collectors in Canada. In fact a large amount of Canadian coin collectors are Americans. I collect the Canadian colonial tokens as well as the coins from the Atlantic maritime's. One can get scarce Canadian coins at great prices but that is starting to change. One also has to learn which price guides are the closest to reality.
Posted by: Lordhero | April 25, 2012 at 09:34 PM
That's the million dolalr question. Unfortunately, everyone saves everything so nothing becomes rare, and so they don't increase in value. If you want something fun, just collect what you like but don't expect to make money. If you want it to earn money, how about savings bonds? You get them at the bank for $50.00, and then they earn interest every year for 30 years..
Posted by: Wilnerson | April 26, 2012 at 05:31 AM