The British Numismatic Trade Association is an association formed by a majority of the leading
United Kingdom
The United Kingdom of Great Britain and Northern Ireland, commonly known as the United Kingdom (UK) or Britain, is a country in Europe, off the north-western coast of the European mainland, continental mainland. It comprises England, Scotlan ...
coin dealer
Coin collecting is the collecting of coins or other forms of minted legal tender.
Coins of interest to collectors often include those that were in circulation for only a brief time, coins with mint errors, and especially beautiful or histori ...
s. Originally formed to represent the trade in discussions with
UK Customs & Excise regarding
value-added tax
A value-added tax (VAT), known in some countries as a goods and services tax (GST), is a type of tax that is assessed incrementally. It is levied on the price of a product or service at each stage of production, distribution, or sale to the en ...
on coins, it has developed, becoming a part of the fight against forgery, theft and other criminal activities. This helped to establish a benchmark for the highest
ethic
Ethics or moral philosophy is a branch of philosophy that "involves systematizing, defending, and recommending concepts of right and wrong behavior".''Internet Encyclopedia of Philosophy'' The field of ethics, along with aesthetics, concerns ma ...
al standards in the domestic coin trade. Members adhere to a strict code of ethics which is a benchmark for the trade. Members receive early warning notices of
counterfeit coins and stolen property. The BNTA organise the biggest International coin and medal bourse in the UK called COINEX which is held in late September or early October in Mayfair, London annually and it hosts up to 100 British and foreign dealers for a two-day show, this event promotes a range of auction in London during the preceding week and sales can top £10 million during that week..
The BNTA is a member of FENAP, the
Federation of European Numismatic Associations.
External links
BNTAFENAP
Business organisations based in the United Kingdom
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