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Text of revised Hobby Protection Act published in Federal Register
CaptHenway
Posts: 34,189 ✭✭✭✭✭
For the record:
Professional Numismatist, Retired. 55 year member ANA. Former ANA Senior Authenticator. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and ANA Lifetime Achievement Award 2020. Winner of the PNG's 2026 Robert Friedberg Award for "The Enigmatic Lincoln Cents of 1922," Available now from Whitman or Amazon.
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So hard to read that.....is there a synopsis some where?
bob:)
It should be noted, this isn't the full text, but just a change to one small section on page 4. The full text is available here: https://www.law.cornell.edu/cfr/text/16/part-304
This little tidbit at the bottom right of the 2nd page is interesting:
Additionally, the Commission found that it was unnecessary to amend the Rules to address specific collectible items (such as ‘‘fantasy coins,’’ as some commenters suggested) because it can address specific items as the need arises.21 Notably, the Commission has addressed whether coins resembling government-issued coins with date variations are subject to the Rules. In re: Gold Bullion Int’l, Ltd., 92 F.T.C. 196 (1978). It concluded that such coins should be marked as a ‘‘COPY’’ because otherwise they could be mistaken for an original numismatic item.
I'd guess that this tidbit will generate a bit of discussion on the boards re: @dcarr pieces.
"Additionally, the Commission found that it was unnecessary to amend the Rules to address specific collectible items (such as ‘‘fantasy coins,’’ as some commenters suggested) because it can address specific items as the need arises."
Good