WA Voting: Numismatics Appreciation Act

Subject: WA Voting: Numismatics Appreciation Act Sun 9 Aug 2009 - 12:03

Numismatics Appreciation Act A resolution to promote funding and the development of education and the arts.
Category: Education and Creativity	Area of Effect: Cultural Heritage	Proposed by: Buffett and Colbert
Description: APPLAUDING the attempt by many nations to preserve and promote their cultural heritage, NOTING that the cultural heritage of a nation may span a wide range of topics, RECOGNIZING a nation's currency in both coin and paper form are a monumental part of the history of a nation, DEFINING a coin as a form of currency that is often metallic, ALSO DEFINING a banknote as a form of currency that is often made from paper or paper-like materials, 1. Establishes the World Assembly Numismatics Authority (WANA) in the effort to educate the general public about the value of their nation's currency, 2. Dictates WANA shall be funded by the World Assembly General Fund and through donations made by willing nations and individuals, 3. Charges WANA with the duties of: a) collecting samples of nations' currency through donations of money and/or actual currency and displaying them in museums accessible to the public of an individual nation, b) holding seminars in willing nations about the appreciation, collection and preservation of currency for a nation's public to enjoy, c) preserving the samples collected as best to the organization's ability so they may be appreciated by future generation, d) creating an international standard grading system; this system shall clarify: i) the condition of a coin or banknote and therefore establish a market price for them, 4. Obligates each World Assembly member nation to regulate the buying and selling of coins and banknotes; urging nations to adopt rules such as: a) issuing fair taxation of sales in formal auctions and licensed currency dealers’ shops, b) creating a license system for those who wish to formally sell currency, 5. Expects that cultural heritage and tradition can be preserved through the safeguarding of each nation’s currency.