ICTA - Your Industry Watchdog | News
ICTA Names New Director and Officers and Elects New Board Members

The Industry Council for Tangible Assets (ICTA), the national trade association for dealers of rare coins, currency, and precious-metals bullion, announced that former congressman James “Jimmy” Hayes has been appointed executive director of the organization.

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SCOTUS Wayfair Decision: What You Don't Know Can Hurt You
Post-Wayfair Sales-Tax Collection Map
What You Don't Know about the Supreme Court's Decision in the South Dakota v. Wayfair Case Can Significantly Damage Your Business

The Court’s decision makes it likely that if you meet certain minimum state-tax law requirements, you may now, or soon (depending on the state), be required to register and collect sales-taxes on all coins, currency, and precious-metals sales to buyers in any state without full numismatic and bullion exemptions.
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American Numismatic Association Donates $55,000 to Fight Counterfeiting

The American Numismatic Association (ANA) has reaffirmed its commitment to supporting efforts to fight coin and bullion counterfeiting with a $55,000 contribution to the Anti-Counterfeiting Educational Foundation (ACEF), the non-profit organization that receives contributions to fund the work of the Industry Council for Tangible Assets’ Anti-Counterfeiting Task Force (ACTF). The donation was made during the August 18 ANA board of governors meeting at the Philadelphia World’s Fair of Money.

ACTF’s mission is to mobilize law enforcement to protect the integrity of U.S. coinage by educating officials about the growing threat that counterfeit circulating, collectible and bullion coins pose to the collecting community and the public and moving them to act.

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ACEF Receives IRS Approval, Now Public Charity

The IRS has granted the Anti-Counterfeiting Educational Foundation final approval as a 501(c)(3) non-profit organization and designation as a public charity.

“IRS final approval allows ACEF to move forward in many different directions to raise funds,” said ACEF President Scott Spitzer, CEO of Manfra, Tordella & Brookes.

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Three Receive 2018 ACTF Al Kreuzer Memorial Award

Nicholas L. Tranchitella, Richard Weaver, and Doug Davis received ACTF’s annual Al Kreuzer Memorial Award.The Industry Council for Tangible Assets recognized three individuals Aug. 15 for their outstanding work in combating counterfeiters and those who traffic in counterfeit coins and currency in the United States.

Doug Davis, Nicholas L. Tranchitella, and Richard Weaver received ACTF’s annual Al Kreuzer Memorial Award presented during ICTA’s annual banquet held in Philadelphia during the American Numismatic Association’s World’s Fair of Money.

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