ICTA - Your Industry Watchdog | News
Virginia Passes Sales Tax Exemption Bill

A coalition of numismatic businesses, led by John Feigenbaum (David Lawrence Rare Coins), lobbyist Stephen Haner, and the Industry Council for Tangible Assets (ICTA), started working together last summer on legislation to exempt rare coins, paper money, and precious metals from Virginia’s sales and use taxes.

Counterfeit Cashier's Checks

Numismatic Crime Information Center's Doug Davis reports that the investigation into the recent counterfeit cashier's checks being passed around the country has developed the following information:

Collectible Coin Protection Act Unanimously Passed

On December 15, 2014, the U.S. Senate passed H.R. 2754: Collectible Coin Protection Act by unanimous consent. Since the bill had been previously passed by the House of Representatives earlier in the session, the Senate action sends the bill to the president. There is no reason to believe that the president will not sign the legislation into law.

Dillon Gage Launches FizCommerce

Dillon Gage MetalsDillon Gage’s FizCommerce platform, developed by the Digital Metals business unit is helping numismatic dealers drive sales and increase profit margins. One particular dealer in their network, American Eagle Reserve, is reporting a 50 percent increase in sales over the past fiscal year.

DLRC missing coin from trade show

1898-S $20Numismatic Crime Information Center's Doug Davis reports that after returning from the PCGS Las Vegas Invitational Coin Show, David Lawrence Rare Coins is missing an 1898-S $20 PCGS MS64+ with serial number 06611632.

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