This article was originally printed in the latest issue of Numismatic News.
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The coin industry dodged another legislative bullet when a House-Senate banking reform conference committee agreed at the end of June that retail commodities (which includes bullion and bullion coins) can be delivered to buyers as much as 28 days after purchase instead of just the two that could have been the case had Senate legislative language prevailed, reports Nick Pyle, coordinator of Numismatists United for Political Action.
Many groups spearheaded by ICTA and including NUPA wrote members of Congress with concerns about the Senate language on retail commodity delivery.
“This is nice victory,” said Pyle.