The State Department has announced a Cultural Property Advisory Committee (CPAC) Meeting to consider renewals of current cultural property memorandums of understanding (MOUs) with Bolivia, the authoritarian government of Egypt, and Greece.
CPAC will hold a session open to the public on March 3, 2026
at 2:00 PM.
The State Department’s announcement can be found
here: https://www.state.gov/cultural-property-advisory-committee-meeting-march-3-5-2026/
The State Department
is also soliciting written comments here: [Add DOS-2026-0133 regulations.gov link when available.]
Comments are due on or before February 20, 2026.
The renewal for Egypt should be controversial because it
prioritizes “soft power” on behalf of Egypt’s authoritarian government over the
interests of American collectors, museums, and the trade in cultural
goods.
There was a longstanding legal antiquities and ancient coin
market in Egypt until the Mubarak dictatorship. When the legal market was closed, the
government also nationalized all collections although collectors’ families are
still allowed to “possess” them until such time the Egyptian government gets
around to building more storage space. So, in
fact, what the State Department is proposing with this MOU is to
reauthorize US Customs and Border Protection (CBP) to act as the enforcer for
Egypt’s draconian, confiscatory laws, laws that would be considered an
unconstitutional “taking” if the US Government confiscated American collections
without providing fair compensation. The
other issue with the most recent renewal is that new import restrictions on
Roman Imperial coins from the mint in Alexandria as well as new restrictions on
Byzantine coins were added. This was
done despite the evidenced provided to CPAC that one cannot assume that such
coins must be found in Egypt given their wide circulation patters. See https://www.regulations.gov/comment/DOS-2021-0003-0016
The issues related to the MOU with Greece are in some ways
more egregious given Greece’s voluntary association with the European
Union. While Greece is a
Democracy, it has very stringent laws dating back to the 1930s requiring
collections to be registered—although it is still possible to import ancient
coins from abroad. However, the real annoyance is that CBP pretends that
Greece is not part of the EU. EU rules govern all exports from the
Union. They explicitly allow EU members to export cultural goods, with or
without a permit, depending on value as determined by the member state.
Most EU members allow exports of collector’s coins, usually without a
permit. However, Customs will seize any coin on the designated list for
Greece, or the other EU countries with MOUs (Bulgaria, Cyprus, and Italy)
even where the coins were legally exported from a sister EU
country. Representatives of the trade and collectors have raised
this concern over and again, most recently with the renewal of the MOU with
Italy, but it has fallen on deaf ears.
The current MOU with Bolivia only covers pre-Colombian
artifacts, but there have been previous requests to impose import restrictions
on Spanish colonial and early Republican coinage from Latin America, despite
the fact such coins were also legal tender in the US until 1857.
For coin collectors, the big issue is the grossly overbroad
designated lists that cover coins that circulated regionally or
internationally.
The other big issue relates to
enforcement. Unfortunately, in the only case that addressed the
issue, courts in the US Fourth Circuit gave Customs a “green light” to detain,
seize and repatriate coins for no other reason that they were of types on a
“designated list” for import restrictions. This puts collectors
importing such coins at risk because it is often difficult, if not impossible,
to produce the documentation necessary for legal import under current “safe
harbor” procedures.
Despite the ever increasing number of overlapping import
restrictions on coins, it is still
important to comment, for no other reason that without public comment State
Department bureaucrats could claim to political appointees that restrictions on
coins are “not controversial.” What
should you say? It’s better to write in your own words about how import
restrictions hurt your ability to access coins and learn more about
other cultures or even get in touch with your own cultural
heritage. However, here is a model for you to consider:
Please do not renew current import restrictions that prioritize “soft power” over the rights of American coin collectors. If you nonetheless renew these agreements, please ensure that the designated lists are rewritten so that it is absolutely clear that they do not impact coins that widely circulated or those legitimately imported from legal markets abroad, particularly those in Europe. Coin collecting is a hobby that promotes cultural understanding and relationships with collectors abroad. It is troubling that the State Department Bureau of Cultural Affairs is behind efforts that do considerable damage to a hobby that actually promotes the cultural understanding the Bureau supposedly aims to foster.

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