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Category: Ancients

Ancient Coin Importation Restrictions: Thoughts on becoming a target of the “cultural property” advocates.

By Wayne Sayles – Ancient Coin Collecting Blog

Some people crave attention and will do almost anything to draw a spotlight toward themselves, even if it is outrageous. I’m not one of those people by nature. I much prefer the serenity and seclusion of our pastoral environment here in the Ozarks to the hustle and bustle of the city or the glad-handing that people in the corporate and political world call “networking.”

In fact, my most precious moments have been on a sailboat ghosting along in a light breeze with nothing but sky and water to contemplate. I find an isolated mountain stream equally inviting if I have a rod in hand and a trout waiting to be tempted. Yet, I often find myself drawn to the city and sometimes into the spotlight as a matter of necessity. Why? Having endured all that I could stand of the outlandish criticisms and insults hurled by fanatical archaeologists at the antiquities market, and by extension at my lifelong passion of ancient coin collecting, I felt compelled to speak out.

That happened in 2004, and here I am six years later still speaking out against the same atrocious behavior. If anything, the situation has gotten worse since the antiquities trade and the museum world have essentially abdicated before a combination of foreign and home-grown nationalist attacks. The numismatic community seems to be the only roadblock these days to sweeping nationalist and institutional control of cultural property and thereby to absolute control of history and the record of the past. Is that bad? Only from the point of view of those who favor truth over revisionism or those who feel that culture is as much a personal as a national heritage, or believe in personal property rights and freedoms. Of course it is also bad for the numismatists who have suddenly been thrust into that unwelcome spotlight.

Personally, my career in numismatics dates back some 40+ years and I enjoyed that time in the comfort that the discipline, call it a hobby if you will, was genteel. The relationships between professional and amateur numismatists were not only friendly and cooperative, they were in most cases collegial. Respect flowed both ways. What a difference we see today! Understandably, I’ve become a focal point for criticism, along with others, by virtue of my active opposition to cultural nationalism. That, I expected.

What I did not expect and am sincerely saddened by is the depth of hatred and hostility that permeates the opposition today. Being the focus of an ideological polemic is one thing, but being personally villified and ridiculed by educated people, from a discipline that I once respected, is something entirely different. That sort of verbal barrage has now become a daily event in my life. Initially, I was offended.

My career as an officer in the U.S. military instilled in me a very strong sense of personal pride, integrity and responsibility. I founded the ACCG to create a voice for ancient coin collectors that was conspicuously absent in the face of a growing assault. The numismatic trade in this field had its advocacy groups, collectors had none. I’ve spent the past six years, as a volunteer, working for the interests of collectors. (more…)

Testimony at the Cultural Property Advisory Committee Hearing: To Be or Not To Be

By Wayne Sayles – Ancient Coin Collecting

That is the Question on everyone’s mind this morning as the Cultural Property Advisory Committee reconvened on Friday to consider the extension of a bilateral agreement with Italy that restricts the importation of certain classes of antiquities into the United States. Thursday morning, the committee heard comments in open public session from representatives of five main groups of concerned citizens—Archaeologists, Museum Administrators, Art and Antiquity Collectors, the Numismatic Trade and Ancient Coin Collectors.

From the numismatic community’s perspective, extension of the current Memorandum Of Understanding in some form seems a foregone conclusion, though some opponents argued very persuasively that the whole MOU is badly flawed and should be scrapped. The pressing issue for coin collectors is whether the addition of coins, already exempted in two previous five-year terms of the MOU, is to be or not to be.

In an era when politicians on both sides of the aisle are clamoring for transparent government and “sunshine” laws offer a promise of fair play and access, the U.S. State Department doggedly maintains its “distance” from the looking glass of public scrutiny.

None of the seven speakers from the numismatic community had the foggiest notion whether Italy had even requested that coins should be added—an ironic situation, since the State Department hearing was held in that part of Washington known as “Foggy Bottom.”

Unlike the mysterious Chinese request some years ago, one might presume, from the comments of Mr. Stefano De Caro, General Director of Antiquities within the Italian Ministry of Culture, that Italy did indeed ask for the addition of coins—even though the State Department ignored direct requests for an answer to that question.

Sebastian Heath, whose affiliation was vague and was actually the point of a followup question by one committee member, was listed by the State Department as an American Institute of Archaeology representative. He claimed, upon pressing of the point, that he actually represented himself. The fact that Heath often works for or at the American Numismatic Society, and personally participated in drafting the ANS statement on cultural property, was questioned in light of his recommendation that coins be added to the MOU.

The ANS statement says, in part, “…..within the world of artifacts, coins as a class do, in fact, stand apart.” Heath avoided the apparent conflict of positions by stating repeatedly that to his knowledge the ANS takes no position in the issue. It would have been interesting to see that question explored in some depth, but Mr. Heath mercifully escaped being hoist with his own petard for lack of time in the busy agenda. (more…)

Ponterio Baltimore Auction to Offer Diverse Selection of Ancient and World Coins, Plus Currency

Ponterio & Associates, Inc., the world and ancients auction division of Bowers and Merena Auctions, will conduct its Baltimore Auction of World and Ancient Coins and Paper Money as part of Bowers and Merena’s Official Auction of the June 2010 Whitman Coin & Collectibles Baltimore Expo.

The two-session sale will be conducted June 18 and 19 at the Baltimore Convention Center. More than 2,300 lots will be offered, including approximately 1,500 lots of Ancient and foreign coins and 825 lots of world paper money.

Executive vice president, Rick Ponterio states, “Our June 2010 Baltimore Auction is sure to see strong bidder participation—and competition—among specialists in many areas of foreign coins and paper money. Featured among the coin offerings in this sale are important rarities from many periods of history, ranging from Ancient Greece to the modern era.”

Continued Ponterio: “An example of the diversity in this sale can be found in two of the more important highlights. The first is a very rare Zeugitana, Carthage AV Trihemistater, or 1 ½ Shekel, that dates to the early period of the First Punic War (ca. 264-260 BC). The coin is attributed alternatively as Jenkins & Lewis Group IX Pl.18#392 (same dies) and Muller-Pg.86#66, and has been certified by NGC as AU, Strike: 5/5, Surface: 3/5.”

“We will also present a Yuan Dynasty Zhi Yuan 50 Tael Sycee Ingot that is extremely rare and historically significant,” Ponterio added. “It is dated the 14th year of the Zhìyuán era (1273 A.D.), inscribed with the denomination at upper left and the ruler’s name and date at lower center, Khubilai Khan, the fifth Great Khan, grandson of Genghis Khan (1260-94). It is among the earliest known Chinese 50 Tael Sycee ingot.”

MORE THAN 825 LOTS OF WORLD PAPER MONEY TO BE OFFERED

“We have received a wide array of important world paper money consignments for this sale,” stated Bowers and Merena’s director of currency auctions, Matthew Quinn. “A splendid selection of Iranian notes from the 1920s and 1930s figure prominently among the highlights in this auction, and they include a stunning Choice Uncirculated 1 Toman note dated 1.6.1920 and attributed as P-1b. Also of note is a China, Republic, 5 Yuan dated 4.10.1914 and attributed as P-34. The note grades Very Fine and is significant because examples of this type are usually seen only in remainder form without signatures and perforated ‘canceled,’ which is a fate this note escaped. We anticipate strong bidder competition for these and other important world paper money lots in this sale.” (more…)

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