CCBMA is the only California coin & precious metal dealer organization that works with elected and appointed government officials to inform them the benefits of rare coin and precious metal ownership. As a member service CCBMA also provides statewide theft and recovery reporting for any stolen coins.

Your support and membership in CCBMA is essential to the success of our goals, so join your fellow professional numismatists and fill out our membership application.

Click Here to download the membership application. Just fill it out and send it to the following address:

CCBMA
5855 Topanga Canyon Blvd. Suite 330
Woodland Hills, CA 91367

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We've won a major battle, but the Fat Lady's not singing yet
The legislative fight continues...

Sacramento, California, June 5th. AB1178 was scheduled for a floor vote of the entire California State Assembly last Thursday. At the last minute, Assembly Speaker pro Tempore Leland Yee withdrew the bill and placed it on the inactive list.

What does that mean?
Assembly Member Yee, the author of AB1178, didn't feel he had the votes for passage and rather than risking defeat he choose to withdraw the bill and postpone the legislative vote. As the very influential Assembly Speaker pro Tempore, Leland Yee has many options right now. There is a strong possibility that some action could be taken to keep AB1178 issues alive this session. Otherwise, AB1178 will definitely be back in January 2006.

How did this happen?
After our setbacks in the Assembly Business and Professions and Appropriations committees, we mounted a counter-attack. With the support of your emails, faxes and phone calls, the CCBMA lobbyist, Carl Brakensiek, and lobbyists and supporters from other collector associations, contacted the 80 Assembly members with the many reasons why to oppose AB1178.

I wish to thank our friends and allies who joined me in Sacramento to personally contact the legislative members (I hope I’ve remembered them all):

• Claude Parrish from the California Board of Equalization
• Carl Brakensiek from AdvoCal
• Diane Piret from ICTA
• Allen Michaan from Auctions by the Bay, Inc
• Don Kagin from the ANA
• Troy Thoreson from AucPro, Inc
• Michelle Peacock from eBay, Inc
• Michele Donaldson from Home Consignment Center
,

What happens next?
The California Pawn Brokers, Department of Justice and pro-AB1178 advocates with the help of Assembly Member Yee will stay active contacting Assembly Members to influence them to vote yes when any bill about electronic reporting that helps the Pawn Brokers reaches the Assembly floor.

What can you do right Now?
Develop an email list of your clients and friends immediately so we can send emails to supporters with little advance notice. We will email you if action is needed immediately or provide a heads up if we have some time to develop a longer term strategy. If you have a relationship or access to any California Legislators, please let us know ASAP. If you are not a member of CCBMA, Click Here and join. If you haven't paid your 2005 dues, please send a check immediately, as the next 12 months will be very costly.