ABOUT THE BNTA
The British Numismatic Trade Association, or BNTA, was founded in 1973 as a company limited by guarantee, and was the result of formative discussions between members of the coin trade prior to the introduction of Value Added Tax. Today, the BNTA has grown into an organisation which represents the interests of more than ninety firms located throughout the British Isles. The Association has a distinctive logo, which members are encouraged to use on their business stationery and in their advertisements. Regular readers of the numismatic press can quickly identify the advertisements of BNTA members.
The BNTA has become an effective force in the fight against forgery, theft and other criminal activities, thus establishing a benchmark for the highest ethical standards in the domestic coin trade. Members receive early warning notices of counterfeit coins and stolen property.
The BNTA is governed by a Council of nine, elected by and from the membership. Three members of the Council retire each year, but are eligible for re-election. The Officers of the Association are elected by the Council each year. The day-today administration is handled by a General Secretary who is appointed by the Council and to whom all correspondence, enquiries or complaints should be sent.
JOINING THE BNTA
Application for membership of the BNTA is restricted to dealers and auctioneers in numismatic goods who are based in the UK and the Republic of Ireland and who are registered for VAT. Applicants need to be sponsored by two existing members and have to agree to abide by the published Code of Ethics. Membership is subject to annual review in order to ensure that standards are maintained.
Membership application forms are available from the General Secretary and interested dealers should apply using their business letterhead.
COINEX
The BNTA organises the major international coin fair held in Britain, which is known as Coinex. This takes place in late September or early October in London. Approximately fifty BNTA members, together with many overseas dealers and non members, participate. Coinex London is open on Friday and Saturday.
THE ROLE OF THE BNTA
Members of the BNTA Council meet representatives of Customs & Excise in discussions on proposed changes in VAT legislation and import and export procedures. A further group maintains contact with the Department of National Heritage and the British Museum for discussions on, for instance, export licensing arrangements and the law relating to treasure.