House Votes Today On Bill To Strengthen Law Against Coin Counterfeiters - Gainesville Coins News
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House Votes Today On Bill To Strengthen Law Against Coin Counterfeiters

blog | Published On 7/30/2013 2:49:44 PM by Gainesville Coins

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The House of Representatives vote today under a suspension of the rules on the Collectible Coin Protection Act, aimed to strengthen penalties against counterfeiters of old and certified coins, and those who help them traffic in them..  The bill was introduced on July 19, 2013 by Rep. G.K. Butterfield (N-NC) and referred to the Committee on Energy and Commerce. The official summary of the bill says:

H.R. 2754 amends the Hobby Protection Act to provide additional tools for dealing with counterfeit coins and other numismatic items (i.e. currency).  Currently, it is illegal to domestically manufacture or import any form of imitation currency unless it is marked as a copy.  The bill would first make it illegal to sell imitation coins or currency unless so marked.  Second, it would make It unlawful to provide assistance to a manufacturer, importer, or seller if the party providing assistance knows that the manufacturer, importer, or seller is engaged in a violation.  Finally, if the violation involves the unauthorized use of registered trademarks belonging to a collectibles certification service, the owner of such trademarks would be entitled to remedies under the Trademark Act of 1946.

The website govtrack.us gives the bill only a 10% chance of making it out of committee, so call your Congressman and ask him/her to support H.R. 2754. Here is the official website for the House Energy & Commerce Committee, here are the members of the Committee, and here are the members of the Commerce, Manufacturing and Trade Subcommittee.

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