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PNG Statement on Passing of Leon Hendrickson

July 24, 2017 in Clubs and Associations, Collecting, Education, History, Numismatic Societies and Clubs, Numismatica, Numismatics, PNG Professional Numismatists Guild

PNG Statement on Passing of Leon Hendrickson

“The Professional Numismatists Guild (www.PNGdealers.org) was saddened to learn of the passing of long-time member Leon Hendrickson of Winchester, Indiana.  Hendrickson joined the PNG in 1970, served as the organization’s president from 1985 to 1989 and received the PNG Lifetime Achievement Award in 2003.  He was one of the first members approved as a PNG Accredited Precious Metals Dealer when the PNG-APMD program (https://apmddealers.org) was created in 2015,” explained PNG Executive Director Robert Brueggeman.

“Leon was a giant in the profession and hobby. He was a good friend to so many collectors and dealers across the country. Our condolences to his family and friends,” said PNG President Dana Samuelson.

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PNG Calls For 2017 Award Nominations

February 13, 2017 in ANA (American Numismatic Association), Awards, Collecting, Conventions, Events, History, Investing, New Releases, News, Numismatic Societies and Clubs, Numismatica, Numismatics, PNG Professional Numismatists Guild, Press Releases, USA Coins, World Coins

For immediate release
February 13, 2017

News media contact:
Robert Brueggeman (951) 587-8300

PNG Calls For 2017 Award Nominations

 

Professional Numismatists Guild logo

Professional Numismatists Guild logo

(Temecula, California) — Nominations now are being accepted for the 2017 Professional Numismatists Guild (www.PNGdealers.org) awards, according to PNG Executive Director Robert Brueggeman and President Dana Samuelson.

           “Each year the PNG publicly recognizes outstanding achievements in the hobby and the profession by honoring deserving recipients with awards in a half dozen categories.  We cordially welcome and strongly encourage nominations from all collectors and dealers,” said Brueggeman.

           “The award winners will be announced at the annual PNG Day banquet that will be held following the PNG/ANA Numismatic Trade Show in Denver Colorado on July 31, 2017.  That is the eve of the American Numismatic Association’s World’s Fair of Money® (www.worldsfairofmoney.org) convention in Denver,” explained Samuelson.

           Nominations should be made directly to the appropriate award category chair by mid-June.  The categories and contacts are:

Abe Kosoff Founders Award: Presented to a PNG member-dealer with steadfast dedication to the entire numismatic community and who has made a significant contribution to the Guild or to the numismatic fraternity in general the past year.  The award is named after PNG’s Founding President who spearheaded the 1953 launch of the organization.  Committee Chairs: Richard Weaver and Wayde Milas.  Emails: rweaver@dvrcc.com and wmilas@rarecoa.com

           Art Kagin Ambassador Award: This award is named after a former PNG President and nationally-known Iowa dealer who provided distinguished service as an advocate of numismatic goodwill.  Committee Chair: John Maben.  Email: jfmtrading@yahoo.com.

           Significant Contribution Award: Given to those who have made exceptional, beneficial efforts over the years on behalf of PNG and the profession, and added to the hobby.  Committee Chair: James Sego.   Email: jsego@jmscoins.com.

           Lifetime Achievement Award: Presented to a numismatist for his/her extraordinary devotion to numismatics and who, over their lifetime, significantly contributed to the hobby or profession.  Committee Co-Chairs: Dana S. Samuelson and Barry Stuppler.  Emails: dana@amergold.com and barry@stuppler.com.

           Sol Kaplan Award: To recognize efforts and contributions in combatting crimes against the numismatic community, this award is presented to someone who has given their time in an attempt to rid the profession of fraud and thievery. The award is jointly presented by the PNG and the Lewis M. Reagan Foundation.  It is named after a former PNG President and Ohio dealer who was personally responsible for the apprehension of several people suspected of committing numismatic-related crimes.  Committee Chair: Robert Brueggeman.  Email: bob@ppius.com.

           Robert Friedberg Award: Presented to an author in recognition for an outstanding book or other literature.  Named in honor of a publisher and author of numismatic reference books, this award is not automatically given each year.  It is only given when there is deemed to be a worthy recipient or recipients. Committee Chair: James A. Simek.  Email: nge3@comcast.net.  Note: A copy of each book nominated for this year’s award must be submitted for delivery no later than June 16, 2017 to James A. Simek, P.O. Box 7157, Westchester, IL 60154-7157.

   The Professional Numismatists Guild is a nonprofit trade association composed of the country’s top rare coin and paper money dealers who must adhere to a strict Code of Ethics in the buying and selling of numismatic merchandise.  For additional information about the PNG awards, contact Robert Brueggeman, PNG Executive Director, 28441 Rancho California Road, Suite 106, Temecula, CA 92590. Phone: (951) 587-8300. Email: info@PNGdealers.org. Online: www.PNGdealers.org.

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Be Wary of So-Called “Trump Coins,” Cautions Professional Numismatists Guild

January 28, 2017 in Collecting, Education, Investing, Medals, News, Numismatica, Numismatics, Opinion, PNG Professional Numismatists Guild, Press Releases, PSA, Tokens, US Mint

CORRECTED: January 27, 2017
News media contact:
Robert Brueggeman, (917) 587-8300

Be Wary of So-Called “Trump Coins,”
Cautions Professional Numismatists Guild

 

(Temecula, California) – So-called “Trump coins” are being offered in the marketplace, and they may be delightful souvenirs, but in many cases should not be mistaken for “rare coins,” cautions the Professional Numismatists Guild (www.PNGdealers.org).  In some cases, the items being offered are not even actually coins despite how they’re advertised, according to the PNG.

“Buyers today may be bitterly disappointed tomorrow if they mistakenly thought these kinds of souvenir items would be great investments,” stated PNG Executive Director Robert Brueggeman.

The PNG is a nonprofit organization composed of many of the top rare coin and paper money experts in the United States and six other countries.

PNG President Dana Samuelson points out that the United States Mint has not issued any coins or medals depicting President Donald J. Trump.  

“The so-called Trump coins now in the marketplace are either privately issued tokens or medals and not legal tender coins; or are genuine U.S. Mint-produced coins that have been deliberately altered by private parties after they left the Mint; or are coins produced by foreign countries but usually intended only for collectors and not for circulation in those countries,” explained Samuelson.

Some of the “Trump coins” being sold to the public are touted as gold or silver plated, but PNG cautions that can be confusing or misleading to potential buyers.

“The plating may be simply a microscopically thin layer of silver or gold that’s worth only a dollar or two. These should not be considered as investments in precious metals.  These kinds of novelty items often have little or no secondary market value,” stated PNG Executive Director Robert Brueggeman.

PNG officials recommend that buyers and sellers contact members of their Accredited Precious Metals Dealers (APMD) program.  PNG-APMD members must adhere to a strict code of ethics in the buying and selling of coins and precious metals.

Information about APMD, its code of ethics and a directory of accredited dealers can be found at www.APMDdealers.org, or call the Professional Numismatists Guild at (917) 587-8300.

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