CODE OF ETHICS

FOR THE CENTRAL STATES

NUMISMATIC SOCIETY

Adopted by the Board of Governors

October 6, 2007

Membership in the Central States Numismatic Society is a privilege extended to persons and organizations worthy thereof and is not a matter of right. Such membership can be maintained unless the Board of Governors determines that the conduct of a member has been such that, in the best interests of the Society, his/her membership should be terminated.

For the guidance and instruction of it members, this Code of Ethics is duly adopted by the Board of Governors under the authority vested in it by the Constitution and By-Laws of the Society.

As members of the Central States Numismatic Society, we agree to comply with the following standards of conduct:

  1. To support and be governed by the Constitution and By-Laws of the Society, and by such rules, policies and regulations that may be in force from time to time.
  2. To practice conduct so as to bring no reproach or discredit to the Society, or impair the prestige of its membership.
  3. To base all dealings on the highest plane of justice, fairness and morality, and to refrain from making false statements as to the condition of a numismatic item or as to any other related matter.
  4. To neither buy or sell numismatic items of which the ownership is questionable.
  5. To conform to the accepted standards of dignified advertising.
  6. To take immediate steps to correct any error taken in any transaction.
  7. To never sell, produce or advertise a counterfeit, copy, restrike or reproduction of any numismatic item that is not clearly indicated by the word "counterfeit," "copy," "restrike," or "reproduction" incused in the metal or printed on the paper thereof with the exception of items generally accepted by numismatists and not in any way represented as genuine.
  8. To represent numismatic items to be genuine only when, to the best of knowledge and belief, they are authentic.
  9. To never intentionally misrepresent the grade, condition, provenance or other material fact of numismatic items.
  10. To fulfill all contracts, either oral or written, to make prompt payments upon delivery and to return any numismatic items that are not satisfactory.
  11. To give aid to members in their quest for numismatic knowledge.
  12. To abide by all local, state and federal laws relating to numismatic matters and items and, when applicable, to assist in the Prosecution of violators of said laws.
  13. To put the welfare of the Central States Numismatic Society above any personal gain. A breach of this Code of Ethics shall be cause for action by the Board of Governors.