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ANA Board of Governors Supports Updates to Hobby Protection Act

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ANA Board of Governors Supports Updates to Hobby Protection Act

Members encouraged to call their congressional representatives

The American Numismatic Association Board of Governors voted unanimously to issue a resolution of support for a bill that will extend and strengthen provisions of the Hobby Protection Act, during an Aug. 10 meeting during the World’s Fair of MoneySM in Philadelphia.

The House of Representatives bill, HR-5977, will enable citizens to take legal action against and recover damages from those who sell counterfeit coins. It expands targets of litigation to include “any person” who provides substantial assistance or support to any manufacturer, importer, or seller “knowingly engaging in any act or practice that violates the Act.” It also adds trademark violation provisions to criminalize the counterfeiting of certification service packaging and capsules.

Barry Stuppler, chairman of the Gold and Silver Political Action Committee, spoke at the meeting and encouraged members to call their congressional representatives or speak to them personally, as many are holding meetings in their home districts during the August congressional break.

To learn more, go to www.ictaonline.org. Click on “What’s New?” to read a copy of the bill and find out how to contact your congressman.

Image/Copy: American Numismatic Association

Written by Robert L. Wilson

August 21, 2012 at 8:21 am

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