CODE OF ETHICS
The following is the Code of Ethics that must be agreed to by every applicant
before membership is granted.
As a coin dealer, I recognize my obligations towards the public and towards
fellow members in my industry. It is my intention to be worthy of the
confidence and respect of those with whom I come into contact in the numismatic
trade. For this purpose I have pledged myself as follows:
In my relations with the public I pledge:
- To furnish my clientele advice on numismatic matters
to the best of my ability.
- To sell at prices commensurate with a reasonable return
on my investment and the then prevailing market conditions.
- To purchase coins from the public at reasonable prices,
with due allowance for buyers' risks and prevailing market conditions.
- To neither broadcast, publish nor advertise in any matter,
a representation or an implication with the intent to lead a false
or incorrect conclusion with regard to my own goods, prices or services,
or in regard to the goods, services, or prices of a competitor, or
lay false claim to a policy.
- To assist recognized government authorities in the prosecution
of violators of the law in numismatic matters.
- To refrain from knowingly dealing in stolen coins, medals
or other numismatic material or publication, or offering counterfeits
as genuine coins; and when knowingly selling altered coins as such,
to furnish the buyer with an invoice showing in detail the nature
of such coins sold.
In my relations with fellow-members of the Association I pledge:
- To refrain from voluntary public expressions of adverse
criticism of other members, or their merchandise.
- To recognize and respect my own contracts and undertakings
and those of fellow-members.
- To exchange credit information freely with fellow members
- To avoid false statements or representation in my relations
with my competitors, and co-operate generally towards the betterment
of our industry and the hobby in my relations with fellow-members.