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Redesignates existing paragraphs (8)–(11) as (9)–(12) and inserts a new paragraph (8) adding a definition for 'numismatic material' (coins, tokens, paper money, medals and related objects).
Adds provisions specific to numismatic material: inserts a new subsection (b)(3) addressing satisfactory evidence for numismatic material; adds subsection (c)(3) specifying the required sworn declarations for numismatic material (acquisition, lawful export, publication reference, not product of illicit excavations after applicable effective date); and adds subsection (e) prohibiting customs officers from requiring documentation beyond subsection (c) absent probable cause of fraud.
This bill would update U.S. rules for importing numismatic material to make lawful collecting and trade clearer and simpler, while still guarding against items from illegal digs. It sets specific types of proof that customs can accept and limits extra paperwork unless there’s evidence of fraud. The stated aim is to “facilitate the lawful trade and collecting of numismatic materials.”
Key points
Referred to the House Committee on Ways and Means.
Introduced January 21, 2025 by Beth Van Duyne · Last progress January 21, 2025
Referred to the House Committee on Ways and Means.
Introduced in House