Heritage%20joins%20petition%20against%20%26quot%3Bonerous%26quot%3B%20proposed%20German%20law

Heritage Auctions has announced its support for an online petition aimed at stopping a controversial new German law, instituting an export license on German cultural objects — which could include coins, art and a variety of other collectibles — requiring dealers to provide a 20-year history of an object’s provenance. ‘We feel that this proposed legislation in Germany puts an onerous burden on dealers, especially as it concerns objects of lesser value,’ said Cristiano Bierrenbach, Vice President of Heritage Auctions. ‘This legislation, if passed as is, would severely and adversely affect the international collectibles market of which Germany is an important part.’ Dr, Ursula Kampmann, the editor of CoinWeekly.com, described the pending legislations as follows in the July 9, 2015 edition: ‘If this draft becomes law the German coin trade will change completely as will the coin trade with

Read More: Heritage joins petition against "onerous" proposed German law