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Barry Stuppler Selected As New PNG President

August 1, 2017 in Clubs and Associations, Coin Shows, Coins, Collecting, Conventions, Events, History, Investing, News, Numismatic Societies and Clubs, Numismatica, Numismatics, PNG Professional Numismatists Guild, Precious Metals, USA Coins, World Coins

News media contact:

Robert Brueggeman, 951-587-8300

Barry Stuppler Selected As New PNG President

PNG President Barry Stuppler Photo credit: Donn Pearlman

PNG President Barry Stuppler Photo credit: Donn Pearlman

(Denver, Colorado) August 1, 2017 – Officers of the Professional Numismatists Guild (www.PNGdealers.org) have selected Barry Stuppler to be the organization’s President for the 2017 – 2019 term. Stuppler was selected during the PNG Board of Directors meeting in Denver, Colorado on July 30, 2017.

He is President of Stuppler & Company, Inc. in Woodland Hills, California as well as President of the California Coin and Bullion Merchants Association and Chairman of the Gold and Silver Political Action Committee.  He also is a former President of the American Numismatic Association (ANA).

“One of the first projects I want to launch during my presidency is to have PNG jointly work with the ANA and the United States Mint to create for April 2018 the largest, most exciting National Coin Week we’ve ever seen. Virtually everyone is interested in ‘money.’  We need to capture the public’s underlying interest and show them the enjoyment of numismatics,” said Stuppler.

Other goals during his presidency will be on-going counterfeit detection and fraud detection educational programs for PNG members, and increasing the benefits of PNG membership. Stuppler also wants to establish professional marketing programs for PNG and the PNG Accredited Precious Metals Dealer program (PNG-APMD).

The other PNG officers selected for the 2017 – 2019 term are: Vice President Richard Weaver of Delaware Valley Rare Coin, Broomall, Pennsylvania; Treasurer Wade Milas of RARCOA, Willowbrook, Illinois; and Secretary James A. Simek of Numisgraphic Enterprises, Westchester, Illinois.

In addition to the officers, PNG Board members for the new term are Immediate Past President Dana Samuelson of American Gold Exchange, Austin, Texas and three new Board members: John Brush of David Lawrence Rare Coins, Virginia Beach, Virginia; Brett Charville of Standard Numismatics, Chicago, Illinois; Don Ketterling of D.H. Ketterling Consulting, Reno, Nevada; and Don Rinkor of Rinkor Rare Coins, Santa Rosa, California.

“Under PNG Bylaws, member-dealers of the organization elect the board members at large, and then the elected board members select the officers from within their group. During their July 30, 2017 meeting in Denver, Colorado the nine-member board chose the President, Vice President, Treasurer and Secretary,” explained PNG Executive Director Robert Brueggeman.

Founded in 1955, the Professional Numismatists Guild is a nonprofit organization composed of many of the country’s top rare coin and paper money dealers.  A directory of dealers, the PNG Member Code of Ethics and the organization’s Collector’s Bill of Rights can be found at www.PNGdealers.org.

For additional information, contact the PNG by email at info@PNGdealers.org or by phone at 951-587-8300.

 

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Beth Deisher Honored With 2017 PNG Lifetime Achievement Award

August 1, 2017 in Awards, Collecting, History, News, Numismatic Crimes, Numismatic Societies and Clubs, Numismatica, Numismatics, PNG Professional Numismatists Guild, Press Releases, Prize Winners

News media contact
Donn Pearlman, 702-868-5777

Professional Numismatists Guild logo

Professional Numismatists Guild logo

Beth Deisher Honored With

2017 PNG Lifetime Achievement Award

Former Coin World Editor Beth Deisher received the Professional Numismatists Guild Lifetime Achievement Award from PNG Executive Director Robert Brueggeman (left) and PNG President Barry Stuppler (right) at the organization's awards banquet in Denver, Colorado on July 31, 2017. Photo credit: Donn Pearlman

Former Coin World Editor Beth Deisher received the Professional Numismatists Guild Lifetime Achievement Award from PNG Executive Director Robert Brueggeman (left) and PNG President Barry Stuppler (right) at the organization’s awards banquet in Denver, Colorado on July 31, 2017.
Photo credit: Donn Pearlman

(Denver, Colorado) July 31, 2017 – The Professional Numismatists Guild (www.PNGdealers.org) presented its 2017 PNG Lifetime Achievement Award to prominent and influential hobby leader Beth Deisher.  The award was announced during the PNG’s annual banquet held this year in Denver, Colorado on July 31, 2017.

Deisher is the Anti-Counterfeiting Task Force Director of the Industry Council for Tangible Assets (www.ictaonline.org).  She was the award-winning Editor of Coin World for 27 years until her retirement in 2012. Over the years Deisher also has conducted workshops and classes on the problems of counterfeit coins produced in China.

These are the other 2017 awards and winners announced at the PNG Denver banquet.

The Robert Friedberg Award for an outstanding book or other literature was jointly presented to authors Pete Smith, Joel J. Orosz and Leonard Augsburger for their reference book, 1792: Birth of a Nation’s Coinage, published by Ivy Press.

           The Sol Kaplan Award was presented to four people this year: Bill Walker, a Senior Numismatist at Heritage Auctions in Dallas, Texas, and jointly to three Missouri law enforcement officials: Sheriff Cory Hutcheson, Chief Deputy Branden E. Caid and Captain Barry Morgan, all of the Mississippi County Missouri Sheriff’s Department.

In early 2017 while in Florida, Walker recovered and subsequently returned to their grateful owner five rare coins that had been stolen a year earlier, apparently while in transit in the United States Postal Service mail.  The coins had a combined value of about $30,000.

In a separate case, Sheriff Hutcheson, Chief Deputy Caid and Captain Morgan successfully tracked down a collector in Florida whose rare coins were stolen four decades earlier when he was a youngster in Charleston, Missouri in 1972.  During a January 2017 search of the Southeast Missouri home of a drug case suspect, the officers discovered and recovered about two-thirds of the coins stolen 45 years earlier. Through perseverance and solid detective work the officers were able to return the coins, some still housed in their familiar blue Whitman folders, to the now adult and quite surprised collector.  

The Kaplan Award recognizes efforts and contributions in combatting crimes against the numismatic community, and 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.  

John Maben of JFM Trading, LLC in Lakewood Ranch, Florida received the Significant Contribution Award. It is given to those who have made exceptional, beneficial efforts over the years on behalf of PNG and the profession, and added to the hobby.

Christine Karstedt, Executive Vice President of Stack’s Bowers of Stack’s Bowers Galleries, received the 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.  

PNG Legal Counsel Armen Vartian of Manhattan Beach, California, was recognized during the banquet for 25 years as a PNG Affiliate Member.

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.  The organization also has an Accredited Precious Metals Dealer program (http://apmddealers.org).  For additional information, 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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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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James Earl Jones Coin Collecting Video Available Free on New PNG YouTube Channel

May 25, 2017 in Ancient Coins, Antique Coins, Coins, Collecting, Education, History, Investing, News, Numismatic Societies and Clubs, Numismatica, Numismatics, Opinion, PNG Professional Numismatists Guild, Press Releases, Rare Coins, USA Coins, World Coins

News media contact:
Robert Brueggeman
Professional Numismatists Guild Executive Director
951-587-8300

James Earl Jones Coin Collecting Video
Available Free on New PNG YouTube Channel

 

Screen grab image of actor James Earl Jones

Screen grab image of actor James Earl Jones

(Temecula, California) May 25, 2017 – The award-winning educational video, “Money: History in Your Hands,” narrated by acclaimed actor James Earl Jones, now is available for free viewing on the Professional Numismatists Guild YouTube.com channel.

“We currently have more than a dozen videos about rare coins, paper money and precious metals available for complimentary viewing on PNG’s YouTube channel. They will be helpful for beginners to advanced collectors and investors with informative advice about buying, storing and selling numismatic items as well as gold, silver and platinum bullion items,” said PNG Executive Director Robert Brueggeman.

“An important part of our educational effort is the video, ‘Money: History in Your Hands,’ jointly created by PNG and the American Numismatic Association, and hosted on camera by James Earl Jones. It gives viewers a compelling overview of the history of money, and how it relates to art, culture, history, politics and religion,” explained Brueggeman. “The 29-minute video is available for convenient viewing in two parts.”

Other informative PNG videos focus on topics of discovering the enjoyment of coin collecting, how to determine the value of your coins, and the importance of working with a reputable, knowledgeable dealer when you buy or sell.

All of the videos are can be viewed at: https://www.youtube.com/channel/UCb5co6ZLKPitRAw-6pDxeCw

Founded in 1955, the Professional Numismatists Guild is a nonprofit organization composed of many of the country’s top rare coin and paper money dealers.  A directory of dealers, the PNG Member Code of Ethics and the organization’s Collector’s Bill of Rights can be found at www.PNGdealers.org. For additional information, contact the PNG by email at info@PNGdealers.org or by phone at 951-587-8300.

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Note By: Numismatica.com

Here are the links to the two specific videos;

Part 1: https://youtu.be/Ir_oCtaXloc

Part 2: https://youtu.be/gb3mgkYMssM

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Grande Dame of Numismatics Passes Away at 97

May 17, 2017 in American Numismatic Society, ANA (American Numismatic Association), Clubs and Associations, Coin Dealers, Collecting, Education, History, Numismatic Societies and Clubs, Numismatica, Numismatics, Opinion, PNG Professional Numismatists Guild, USA Coins, World Coins

By: James A. Simek, PNG Secretary

Catherine Bullowa-Moore, a very highly respected Philadelphia coin dealer for six and one-half decades, passed away peacefully May 15, 2017. She was 97 years of age and was originally from Larchmont, New York. She was likable, charming, engaging and very interested in educating people about the joys of numismatics. She was particularly fond of talking to youngsters about coins because she felt they represented the future of the hobby.

I first met Catherine in 1966, I believe, at a coin show in downtown Chicago. I was a teenager with very little money to spend, and I let her know that. She graciously spent time visiting with me and even let me have a coin on “memo” since I did not have enough money with me to pay for it (at the time I did not even know what “memo” meant!). I was taken aback, since we had just met and did not really know each other, but she said “that’s OK, I trust you.” That left an indelible mark and led to a friendship that has endured for more than half a century. She is one of the reasons I am in this profession today.

After marrying David Bullowa, one of America’s premier professional numismatists, Catherine was thrust into the rare coin business when David died unexpectedly in October 1953 after only 1-1/2 years of marriage. Although approached by numerous dealers who wanted to purchase the business name and location, Catherine was determined to make a career of it herself. “Determined” is a good word to describe Catherine. She was independent, strong-willed and extremely capable and was admired by many for having these traits.

She had acquired a love of coins from her late husband and, in his memory, decided to continue the business. Keep in mind that, at the time, there were only a handful of female coin dealers in the entire country so this presented quite a challenge for the young lady who had majored in zoology at Connecticut College.

Catherine loved to read and made good use of David’s extensive numismatic library. She studied not only United States coins and currency, but foreign and ancient coins as well. It was not long before she was a self-taught expert in several aspects of numismatics.

In 1959, Catherine married Earl E Moore, an autographs and manuscripts specialist. Their union was to last 41 years. They were frequent attendees at coin shows and conventions throughout the country and both of them enjoyed the camaraderie and interactions with old friends that these opportunities afforded.

Through the years, Catherine held membership in numerous professional and hobby-related organizations. Among them were the American Numismatic Society (ANS) of which she was a Life Fellow and to which she contributed generously; the Royal Numismatic Society (RNS) of which she was a Fellow; the International Association of Professional Numismatists (IAPN); the American Numismatic Association (ANA) in which she held Life Membership #355; and the American Society of Appraisers (ASA) where she had Senior Member status. She was also a founding member of the Professional Numismatists Guild (PNG), and one of only a handful of individuals to have been given Life Member status (#3) by the organization.

Catherine received many awards and accolades throughout her illustrious career, and one she was quite pleased to receive was the PNG’s inaugural Lifetime Achievement Award in 1997. She also received their Art Kagin Numismatic Ambassador Award in 2013.

One achievement of which she was particularly proud was to have been chosen in 1965 as a member of the United States Assay Commission. Names were submitted by the Director of the Mint to the White House where the final choices were made. Members would check random samples of the previous year’s coinage for weight and purity and membership in the Commission carried with it a great deal of prestige. She also was a member of the Old Time Assay Commissioners’ Society and enjoyed that immensely.

Catherine’s rich legacy and fond memories remain with countless people she has come in contact with throughout her long and illustrious career in numismatics. She will be greatly missed by her family, as well as by numerous friends and associates.

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California Teenager Named PNG 2017 Scholarship Recipient

May 10, 2017 in ANA (American Numismatic Association), Awards, Coin Shows, Coins, Collecting, Competition, Conventions, Education, History, News, Numismatic Societies and Clubs, Numismatica, Numismatics, PNG Professional Numismatists Guild, Press Releases, Prize Winners, Seminars, Young Collectors

For immediate release
News media contact:
Robert Brueggeman for PNG, (951) 587-8300

California Teenager Named
PNG 2017 Scholarship Recipient

 

Professional Numismatists Guild logo

Professional Numismatists Guild logo

(Temecula, California) May10, 2017 – A Southern California teenager whose jubilant coin collecting passion has enthralled his family and high school friends has been selected to receive the Professional Numismatists Guild (www.PNGdealers.org) 2017 Young Numismatist Scholarship.

“This year’s PNG scholarship is being awarded to Grant Shobar, 17, of Laguna Niguel, California. It will cover airfare, tuition for one of the two week-long American Numismatic Association Summer Seminar (www.money.org/summer-seminar) sessions, meals and five nights of dormitory accommodations on the campus of Colorado College, site of the ANA headquarters,” announced PNG Executive Director Robert Brueggeman.

As a youngster, Grant collected an assortment of items ranging from hotel room keys to football cards, marbles and stamps. He began collecting coins five years ago and has been an avid young numismatist since then.

“My passion for coin collecting never ends, and every hour I spend, whether organizing or analyzing a coin I am interested in buying, flies by and I enjoy every moment of it,” Grant explained.

Grant Shobar, PNG 2017 YN scholarship winner. (Photo courtesy of Shobar Family.)

Grant Shobar, PNG 2017 YN scholarship winner. (Photo courtesy of Shobar Family.)

“I was so thrilled when I learned that I won this year’s scholarship.  I went to the Summer Seminars the past two years, and the experiences were incredible.  It definitely brings collecting to a whole new level. This scholarship will help me expand my interest in the hobby and collecting,” added Grant who wants to take a Summer Seminar class on Seated Liberty coinage.

He will be a Senior this fall at Dana Hills High School in Dana Point, California. He started the Numismaniacs Coin Club at the school during his Freshman year.  Grant also has written articles for various hobby publications, including the ANA’s magazine, The Numismatist, and enjoys attending the Long Beach Coin, Currency, Stamp & Sports Collectible Show.

His parents, Mark and Cathy Shobar, and his sister, Hayleigh, have been delighted with Grant’s enthusiasm for collecting.

“We were excited (when Grant was notified about the PNG scholarship).  He literally lives and breathes coins; that’s all he talks about. He’s so passionate about the hobby.  His sister loves to listen to Grant talk about coins.  He teaches us all.  Now we’re always looking at all the coins and currency that come through our hands.  We learn from him,” said Cathy Shobar.

“I think this scholarship is a great opportunity for kids, a win-win for parents and their children. Not only are they learning about coins, a very valuable hobby, it teaches them more about many other topics.  We’re very blessed that he has such a passion for coins,” she added.  

Grant offers this advice for prospective collectors: “Everyone considering collecting should delve into the hobby.  Knowledge is key. Coins are really the best hobby because it is so diverse, there’s an option for everyone.”

This is the 13th consecutive year of PNG YN scholarships for the popular, annual ANA educational Summer Seminar programs.  

“The money to pay for the annual PNG YN Scholarship is administered from PNG’s Gerald Bauman Memorial Fund.  Bauman, who died in 2001, served for many years as a prominent coin dealer with Manfra, Tordella & Brookes in New York City,” explained PNG President Dana Samuelson.

            The PNG is a nonprofit organization composed of many of the top rare coin and paper money dealers in the United States and six other countries.  PNG member-dealers must adhere to a strict Code of Ethics in the buying and selling of numismatic merchandise.  For additional information about PNG, visit online at www.PNGdealers.org or call (951) 587-8300.

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PNG Accepts Resignation of William Dominick

March 2, 2017 in Clubs and Associations, Collecting, History, News, Numismatic Societies and Clubs, Numismatica, Numismatics, PNG Professional Numismatists Guild, Press Releases

News media contact:
Robert Brueggeman, 951-587-8300

PNG Accepts Resignation of William Dominick

 

(Temecula, California) March 2, 2017 — The Professional Numismatists Guild (www.PNGdealers.org) has accepted the resignation of PNG member-dealer William Dominick of Naples, Florida.  

PNG Executive Director Robert Brueggeman had suspended Dominick pending ratification of the PNG Board of Directors for suspension or expulsion, as per the organization’s bylaws.  

Dominick, who became a PNG member-dealer in 1990 and has been on retired status since 2007, submitted his resignation prior to a vote by the Board, and it was accepted.

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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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Learn to be a Professional Numismatist With PNG’s Education and Internship Program

February 8, 2017 in Coins, Collecting, Education, News, Numismatic Societies and Clubs, Numismatica, Numismatics, PNG Professional Numismatists Guild, USA Coins, World Coins, Young Collectors

News media contact:
Robert Brueggeman, 951-587-8300

Learn to be a Professional Numismatist
With PNG’s Education and Internship Program

 

Professional Numismatists Guild logo

Professional Numismatists Guild logo

(Temecula, California, February 8, 2017) – If you’ve thought about turning your hobby into a full-time career, the Professional Numismatists Guild (www.PNGdealers.org) can help.  PNG is accepting applications for its next group of young men and women who want to participate in the Promoting Numismatic Growth Internship Program (http://pngdealers.org/education/png-internship-program).

Since its launch in 2014, the PNG’s internship project has mentored17 prospective professional coin and bank note dealers, providing them with educational courses and hands-on experience working at prominent, PNG member-dealer companies.  

“Even if you don’t want a paid internship, PNG offers its extensive online education courses to anyone interested in learning about numismatics,” explained PNG Executive Director Robert Brueggeman.

“The PNG internship program is intended to help nurture the next generation of young men and women, ages 21 to 32, to become successful professional numismatists. The program includes online instruction about coins, bank notes and the numismatic market followed by a paid internship at a major numismatic company,” said PNG President Dana Samuelson.

Internship candidates who successfully complete a background security check and the education components of the program will have an opportunity for a three to six months paid internship.

“The PNG also continues to offer its extensive online, multi-media internship education and training curriculum from the Edward C. Milas School of Numismatics to anyone who wants to take the classes, not just internship candidates,” said Brueggeman.  “There are two levels of online classes developed in conjunction with the University of Rare Coins designed to give students basic and advanced numismatic knowledge.”

The fee for applying for the internship program is $250 to cover the cost of a security background check and the Level 100 online classes.  The cost for Level 200 intern candidates is an additional $250.  Those who want only the online classes can enroll for a total fee of $300 that includes Levels 100 and 200.

Certificates of Completion will be provided to everyone who successfully passes both levels.

Specific information about the internship program and education courses is available at www.PNGdeales.org under the “Education” navigation link near the top of PNG’s home page.  For additional information, contact the PNG by phone at 951-587-8300 or by email at internship@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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PNG 2017 YN Scholarship Competition Announced

January 23, 2017 in ANA (American Numismatic Association), Coins, Collecting, Competition, Education, News, Numismatic Societies and Clubs, Numismatica, Numismatics, PNG Professional Numismatists Guild, Press Releases, Scholarships, Young Collectors

For immediate release
January 23, 2016

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

PNG 2017 YN Scholarship Competition Announced
Professional Numismatists Guild logo

Professional Numismatists Guild logo

 (Temecula, California) — The Professional Numismatists Guild (www.PNGdealers.org) will provide a scholarship to a deserving young numismatist (YN) to attend one of the six-day sessions of the 2017 American Numismatic Association (www.money.org) Summer Seminar in Colorado Springs, Colorado. 

“This is the 13th consecutive year of PNG YN scholarships for the popular, annual ANA educational programs.  The PNG scholarship will cover airfare, tuition for one of the two week-long Summer Seminar sessions, meals and five nights of dormitory accommodations on the campus of Colorado College, site of the ANA headquarters,” said PNG Executive Director Robert Brueggeman.

            “All young numismatists between the ages of 13 and 22 are eligible to enter and are cordially invited to apply for the scholarship.  Entrants must submit a short essay outlining why they should be chosen as the 2017 scholarship recipient.  The deadline for receipt of the entries is Thursday, April 13, 2017,” explained Brueggeman.

            Entries must include the applicant’s name and contact information. The essays can be sent by email to info@PNGdealers.org or by mail to the PNG Executive Director, 28441 Rancho California Road, Suite 106, Temecula, CA  92590. 

            The two separate 49th Annual ANA Summer Seminar six-day sessions will be held Saturday, June 17, to Thursday, June 22, and from Saturday, June 24, to Thursday, June 29, 2017.  Participants ranging from teenagers to seniors take class instruction on specific coin and paper money collecting topics or the hobby’s technical and business aspects.  Additional information about the ANA Summer Seminar can be found on the ANA website at www.money.org/summer-seminar.

“The PNG’s generous offer to provide a Summer Seminar scholarship to a deserving young numismatist not only supports the ANA mission of providing numismatic education but also invests in the future of numismatics — our YNs,” said ANA Executive Director Kimberly Kiick.  “We’re most appreciative of the Professional Numismatists Guild for their investment in the hobby and their support of the ANA.”

“The money to pay for the annual PNG YN Scholarship is administered from PNG’s Gerald Bauman Memorial Fund.  Bauman, who died in 2001, served for many years as a prominent coin dealer with Manfra, Tordella & Brookes in New York City,” explained PNG President Dana Samuelson.

            The PNG is a nonprofit organization composed of many of the top rare coin and paper money dealers in the United States and six other countries.  PNG member-dealers must adhere to a strict Code of Ethics in the buying and selling of numismatic merchandise.  For additional information about PNG, visit online at www.PNGdealers.org or call (951) 587-8300.

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“Trump Effect” Lifts 2016 U.S. Rare Coin Market, Reports Professional Numismatists Guild

December 27, 2016 in Clubs and Associations, Coins, Collecting, Investing, News, Numismatic Societies and Clubs, Numismatica, Numismatics, PNG Professional Numismatists Guild, Press Releases, Rare Coins, USA Coins

For immediate release
December 27, 2016

News media contact:
Donn Pearlman, for Professional Numismatists Guild
(702) 868-5777 Donn.Pearlman@gmail.com

“Trump Effect” Lifts 2016 U.S. Rare Coin
Market, Reports Professional Numismatists Guild

(Temecula, California) – The optimism that disposable income may increase with the election of Donald Trump lifted the United States rare coin market in the last two months of 2016, according to the Professional Numismatists Guild (www.PNGdealers.org). The PNG, a non-profit organization composed of many of the country’s top rare coin and paper money experts, conducts an annual compilation of results of major auctions of U.S. rare coins.

“After several years of higher prices and the spectacular sales of several legendary coin collections, the U.S. rare coin market softened in 2016. But after the November elections, there was a notable increase in demand for high-quality rare coins, including those priced at $100,000 or more,” said PNG President Dana Samuelson.

The aggregate prices realized for U.S. coins sold at major public auctions in 2016 totaled $341,815,542. The totals were $439 million in 2015; $536 million in 2014; and $393 million in 2013. One firm, Heritage Auctions, accounted for $192 million of the 2016 total. All totals include the buyer’s premium to reflect the actual, full prices paid by winning bidders.

“In our annual survey of major numismatic auction firms, the consensus estimate is that the overall U.S. rare coin market for auctions and direct sales in 2016 was about $4 billion, not including bullion coins, such as gold, silver or platinum American Eagles, and not including sales by the United States Mint,” explained Samuelson.

“Over the decades the U.S. rare coin market moves in cycles, and the long-term trend is up. We believe 2017 will be an opportunity for astute collectors to be buying,” said Robert Brueggeman, PNG Executive Director.

There were four coins that sold for $1 million or more at auction in 2016 compared to a record-setting 17 during 2015. A fifth coin crossed the million dollar mark in a private sale in late 2016, and although the purchase price was not disclosed, it was reported the coin is insured for $8 million for a planned public display in early 2017.

The four million-dollar coins sold at public auction in 2016 are:
1894 San Francisco silver dime, graded PCGS Proof 66, $1,997,500, sold by Heritage Auctions.
1879 Quintuple Stella (pattern $20 denomination gold coin), PCGS Proof 64 Deep Cameo, $1,888,000, sold by Legend Rare Coin Auctions.
1833 Caped Head Left, Large Date Half Eagle ($5 denomination gold coin), PCGS Proof 67, $1,351,250, sold by Stack’s Bowers Galleries.
1795 Draped Bust silver dollar, PCGS Specimen 66, $1,057,500, sold by Stack’s Bowers Galleries.
The auction firms that responded to the PNG survey are: Bonham’s; Ira & Larry Goldberg Auctioneers; GreatCollections Coin Auctions; Heritage Auctions; David Lawrence Rare Coins; Legend Rare Coin Auctions; Scotsman Coin & Jewelry; and Stack’s Bowers Galleries.

The Professional Numismatists Guild was founded in 1955. PNG member-dealers must adhere to a strict code of ethics in the buying and selling of numismatic merchandise.

For a copy of “The Pleasure of Numismatics,” an informative, ten-page illustrated educational booklet about collecting rare coins, paper money, tokens and medals, send $1 to: Professional Numismatists Guild, 28441 Rancho California Road, Suite 106, Temecula, California 92590.

For additional information about the PNG and a complete list of member-dealers, visit online at www.PNGdealers.org or call the PNG headquarters in Temecula, California at (951) 587-8300.

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PNG Executive Director Suspends Member Gary Tancer

September 27, 2016 in Clubs and Associations, Coin Dealers, Collecting, News, Numismatic Societies and Clubs, Numismatica, Numismatics, Opinion, PNG Professional Numismatists Guild, Press Releases

For immediate release
September 27, 2016

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

PNG Executive Director Suspends Member Gary Tancer

(Temecula, California) – Professional Numismatists Guild (www.PNGdealers.org) Executive Director Robert Brueggeman has suspended PNG-member Gary Tancer of Boca Raton, Florida “for conduct prejudicial to the PNG.”

Under PNG Bylaws, the full PNG Board of Directors now will be asked to ratify the suspension or vote for expulsion from the organization. Tancer has been a member of the PNG since 2007.

Founded in 1955, the Professional Numismatists Guild is a nonprofit organization composed of many of the country’s top numismatic experts.  All PNG member-dealers must adhere to a strict Code of Ethics (www.PNGdealers.org/code-of-ethics) in the buying and selling of numismatic merchandise.

For additional information, contact the Professional Numismatists Guild by phone at (951) 587-8300 or by email at info@PNGdealers.org.

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Gary Adkins Receives 2016 PNG Lifetime Achievement Award

August 8, 2016 in ANA (American Numismatic Association), Awards, Clubs and Associations, Coin Shows, Collecting, Conventions, Education, Entertainment, Events, History, News, Numismatic Societies and Clubs, Numismatica, Numismatics, PNG Professional Numismatists Guild, Prize Winners

For Immediate Release
August 8, 2016

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

Gary Adkins Receives 2016
PNG Lifetime Achievement Award

Gary Adkins (center) received the 2016 Professional Numismatists Guild Lifetime Achievement Award from PNG President Dana Samuelson (left) and PNG Executive Director Robert Brueggeman (right).<br /> Photo by Donn Pearlman

Gary Adkins (center) received the 2016 Professional Numismatists Guild Lifetime Achievement Award from PNG President Dana Samuelson (left) and PNG Executive Director Robert Brueggeman (right).
Photo by Donn Pearlman

(Anaheim, California) – Gary Adkins of Minneapolis, Minnesota, who served as President of the Professional Numismatists Guild (www.PNGdealers.org) from 2007 to 2009 and is the current Vice President of the American Numismatic Association, is the recipient of the PNG 2016 Lifetime Achievement Award.  Adkins received the award during the PNG annual banquet on August 8, 2016 in Anaheim, California.

“Gary has been actively involved in numismatics for a half century as a collector, as a dealer, as an educator and mentor and as a dedicated, forward-thinking leader of the Professional Numismatists Guild, the American Numismatic Association and the Industry Council for Tangible Assets,” said PNG President Dana Samuelson who presented the award to Adkins.

“Gary created the Professional Numismatists Guild ‘Collectors Bill of Rights,’ the pledge that PNG members must follow regarding consumer protection and education. He also was a hard-working leader in the recently successful fight to rescind some of the onerous tax policies and regulations in his home state of Minnesota,” added Samuelson.

A half dozen other major awards, honors and recognitions were also announced at the annual banquet.

The Abe Kosoff Founders Award for steadfast dedication to the entire numismatic community was presented by PNG Vice President Barry Stuppler posthumously to Chet Krause of Iola, Wisconsin, founder of Numismatic News and numerous other publications. Krause passed away on June 25, 2016. Numismatic News Editor David C. Harper accepted the award on Krause’s behalf.   

The Sol Kaplan Award for efforts in combatting crimes against the numismatic community was presented by PNG Executive Director Robert Brueggeman jointly to Doug Davis, Michael Fuljenz and Jerry Jordan.  

“Davis, Fuljenz and Jordan worked for nine months to provide valuable assistance to law enforcement agencies in four states that helped detectives coordinate their investigations into a series of numismatic-related crimes. Their persistent work successfully led to the arrests earlier this year of three suspected con artists who allegedly targeted elderly victims and their coin collections in California, Colorado, New York and Texas,” explained Brueggeman.

Davis, the City Manager and former Police Chief of Pantego, Texas, is Founder and President of the Numismatic Crime Information Center, and previously received a Kaplan Award in 1988.  PNG member Fuljenz is President of Universal Coin & Bullion in Beaumont, Texas, and Jerry Jordan is Editor of SETinvesigates.com, an online investigative news organization in Southeast Texas.

The Robert Friedberg Award that recognizes outstanding literary achievement in numismatics and is not automatically given each year was announced by PNG Secretary James Simek.  The 2016 recipient is author Hugo Vanhoudt for his reference book, “The Coins of the Burgundian, Spanish and Austrian Law Countries and of the French and Dutch Periods, 1434-1830” (published in Belgium, 2015).

The Art Kagin Ambassador Award for distinguished service as an advocate of numismatic goodwill was presented to Anthony Swiatek of Saratoga Springs, New York, a former ANA president (1997 – 1999).  PNG Board member John Maben chaired the Kagin Award selection committee.

The Significant Contribution Award for years of dedication and significant contributions to numismatics was presented by PNG Board member James Sego to Paul Whitnah of Arlington, Texas.  Whitnah, who assists dealers and collectors nationwide with travel arrangements through M&M Travel, provides on-site communications services at the PNG/ANA Numismatic Trade Show and was a volunteer at ANA conventions for over 30 years.

PNG leaders recognized Dean Oaks of Iowa City, Iowa for 50 years as a member of the guild.

Eight other members were saluted for reaching 25 years of membership: Daniel Avena Jr. of Vineland, New Jersey; Sheridan Downey of Oakland, California; Bret Leifer of Wayland, Massachusetts; Warren Mills of Milford, New Hampshire; Donn Pearlman of Las Vegas, Nevada; Thomas Schell of Lancaster, Pennsylvania; David Sundman of Littleton, New Hampshire; and Anthony Swiatek of Saratoga Springs, New York.

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.  Members of the PNG Accredited Precious Metals Dealer (APMD) program must follow strict code in the buying and selling of numismatic bullion items.

For additional information about the awards, the PNG or APMD, 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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Revamped PNG Website Adds NGC Price Guide

August 1, 2016 in Antique Coins, Clubs and Associations, Coins, Collecting, Education, Investing, News, NGC (Numismatic Guaranty Corporation ), Numismatic Societies and Clubs, Numismatica, Numismatics, Online Tools, PNG Professional Numismatists Guild, Press Releases, Reference, USA Coins

For immediate release
August 1, 2016

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

Revamped PNG Website Adds NGC Price Guide

New PNG Home Page

New PNG Home Page

(Temecula, California) – The Professional Numismatists Guild (www.PNGdealers.org) has revamped its website so that collectors now can conveniently find on one site the current retail values of U.S. coins as well as easily locate knowledgeable, reputable rare coin and banknote dealers.  The PNG website also has now been optimized for easy use on mobile devices.

The PNG is a nonprofit organization founded in 1955 and composed today of many of the top dealers in the United States and around the world who must adhere to a strict code of ethics in the buying and selling of numismatic merchandise.  PNG’s revamped website now provides expanded resources to collectors, dealers and the general public.  

“In addition to streamlining the ‘Find PNG Dealers’ feature, we now have a prominent link to the extensive Numismatic Guaranty Corporation (NGC) online price guide that lists more than 100,000 prices for various U.S. coins in different grades,” said PNG Executive Director Robert Brueggeman.  

“NGC is the world’s largest rare coin authentication and grading service, and is the official certification service of PNG.  Their price guide is an authoritative reference for the current values of NGC-certified coins.  So, on one website you can conveniently and quickly get current prices and locate dealers who specialize in buying and selling those coins,” stated PNG President Dana Samuelson.

PNG also plans to add useful “how to” videos to the website to provide useful consumer education and investor protection information.

“Our revised website also offers a link for doing business with members of the PNG Accredited Precious Metals Dealer (APMD) program.  AMPD dealers specialize in buying and selling silver, gold, platinum and palladium bullion coins and ingots.  The APMD website (www.APMDdealers.org) now features current spot prices for precious metals and the top 10 most popular bullion items as well as charts of historical bullion prices,” said Brueggeman.

The NGC Price Guide currently lists values for 125,000 U.S. coins, and can be accessed from desktop computers, tablets and smart phones.

“The NGC U.S. Coin Price Guide features 11 years of historical pricing data with the ability to chart changes in a coin’s value over time and compare historical values for multiple coins. There are two full time analysts, both with decades of coin pricing experience, updating pricing every day in the NGC U.S. Coin Price Guide,” explained NGC Vice President of Sales and Marketing Max Spiegel.

For additional information about the PNG, contact the Professional Numismatists Guild by phone at (951) 587-8300 or by email at info@PNGdealers.org.

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Ohio Teenager Wins PNG 2016 YN Scholarship

May 12, 2016 in Awards, Coins, Collecting, Competition, Education, News, Numismatic Societies and Clubs, Numismatica, Numismatics, PNG Professional Numismatists Guild, Press Releases, Prize Winners, Scholarships, Young Collectors

For immediate release
May 12, 2016

News media contacts:
Robert Brueggeman for PNG, (951) 587-8300

 Ohio Teenager Wins PNG 2016 YN Scholarship

 

Spencer Kinkelaar of Morrow, Ohio

Spencer Kinkelaar of Morrow, Ohio

(Temecula, California) – Spencer Kinkelaar, a 16-year old honor roll student from Morrow, Ohio who enjoys collecting Franklin half dollars and silver American Eagle coins, has been selected as this year’s winner of the Professional Numismatists Guild (www.PNGdealers.org) Young Numismatist Scholarship.

The scholarship will cover airfare and tuition for him to attend a week-long session of the 2016 American Numismatic Association Summer Seminar (www.money.org/summer-seminar) in Colorado Springs, Colorado.

Kinkelaar is one of triplet boys, and he credits his father with initially sparking an interest in coin collecting in all three boys.

“As a young child, I was always interested in numismatics.  At a young age, my father showed me his collection, which he started as a child,” Kinkelaar wrote in his application essay.

Last summer, while he and his family were preparing to move from Philadelphia to the Cincinnati area, he rediscovered his old coin collection in the closet.

“Remembering my past, I began to review my collection, excitedly noting my old pastime. I began to research collecting again and went to the bank to search half dollar rolls.  Shortly afterwards, I joined the ANA as a YN,” he wrote.

Kinkelaar said he was “quite surprised” when the PNG notified him about the scholarship award:  “It was quite exciting that the PNG thought I’d be a good candidate to come out to Colorado Springs to learn about numismatics.”

His father, Mark, happily responded, “It didn’t surprise me too much.  He’s quite competitive and I was pleased to learn about it.  I think he’ll enjoy it.  It’s the kind of experience a young man needs.”

“We appreciate what the PNG is doing and the opportunity for Spencer.  It’s a wonderful learning opportunity,” stated Mark Kinkelaar who has enjoyed going to coin shows with him.    

Spencer Kinkelaar will be a Junior this fall at Kings High School in Kings Mills, Ohio.  His plans for college include studying economics and finance as an undergraduate, then attending business and law school for post-graduate degrees.

“When I learn about enthusiastic young numismatists, such as Spencer, I feel confident about the future of the hobby,” said Dana Samuelson, PNG President.  “The PNG is happy to provide young collectors with these annual scholarships so they can be part of the outstanding learning experience the ANA offers with its Summer Seminars programs.”

The money to pay for the annual PNG YN Scholarship is administered from the PNG’s Gerald Bauman Memorial Fund. 

“Mr. Bauman served for many years as a prominent coin dealer with Manfra, Tordella & Brookes in New York City, and he was a mentor to some of today’s outstanding numismatic professionals.  After he died in 2001, the memorial fund was created as an on-going legacy to him and his mentoring,” explained PNG Executive Director Robert Brueggeman.

The Professional Numismatists Guild is a nonprofit organization composed of many of the top rare coin and paper money dealers in the United States and seven other countries.  PNG member-dealers must adhere to a strict Code of Ethics in the buying and selling of numismatic merchandise.  For additional information, visit online at www.PNGdealers.org or call (951) 587-8300.

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Use Caution To Avoid Gold And Silver Counterfeits, Advises Professional Numismatists Guild.

May 3, 2016 in Bullion, Coins, Coins for sale, Collecting, Education, Fake Coins, Gold, Gold Bullion, Gold Coins, Gold Eagles, Numismatic Crimes, Numismatica, Numismatics, PNG Professional Numismatists Guild, Precious Metals, Silver, Silver Coins, USA Coins

For immediate release
May 3, 2016

Use Caution To Avoid Gold And Silver Counterfeits, Advises Professional Numismatists Guild.

 

Historic, genuine 1803 Draped Bust design U.S. silver dollars in Very Fine condition are currently valued at about $3,000. This counterfeit 1803-dated dollar was recently offered in a Hong Kong flea market for less than $3. (Photo by Donn Pearlman.)

Historic, genuine 1803 Draped Bust design U.S. silver dollars in Very Fine condition are currently valued at about $3,000. This counterfeit 1803-dated dollar was recently offered in a Hong Kong flea market for less than $3. (Photo by Donn Pearlman.)

(Temecula, California) – Beware of counterfeit vintage rare coins and fake modern gold and silver bullion items now being offered in the marketplace.  Purchase only from reputable dealers, cautions the Professional Numismatists Guild (www.PNGdealers.org).

The PNG is a nonprofit organization composed of many of the country’s top numismatic experts.

“It is clear there is an increase in the types of fakes sold by unscrupulous dealers.  These sales of counterfeit coins are potentially a multi-million dollar problem for the public.  There’s an old saying that can help buyers avoid problems: If you don’t know coins, you better know your dealer,” stated Professional Numismatists Guild (PNG) President Dana Samuelson.

“We conducted an informal inquiry of PNG members and PNG Accredited Precious Metals Dealers (APMD) about what they’re encountering now in the marketplace.  They have seen everything from counterfeits of vintage rare coins to modern precious metal items.  These include fakes of popular century-old U.S. Morgan and Peace design silver dollars to current gold and silver American Eagles, gold U.S. Buffalo coins, silver and gold Chinese Pandas, and Canadian silver and gold Maple Leaf coins.  We’re also seeing spurious gold and silver ingots,” said Samuelson.

“Professional dealers who look at classic U.S. coins and bullion items all day long are usually not fooled by these spurious items, but to the untrained eye they often look like the real thing,” he explained.

“Many of the fakes apparently are originating in China and then offered online by various sellers.  It is imperative that collectors, investors and the general public deal only with reputable, knowledgeable experts who offer a guarantee of authenticity,” emphasized Samuelson.

Two PNG members who recently were in Asia say they saw counterfeits of early 19th century Draped Bust, mid 19th century Seated Liberty and late 19th and early 20th century Morgan and Peace silver dollars being sold in flea markets in China and Hong Kong for $1 to $3 each.

Unsuspecting buyers have submitted counterfeit modern bullion coins to Numismatic Guaranty Corporation (www.NGCcoin.com) for authentication and grading. NGC, the official grading service of PNG, earlier reported submissions of counterfeit 2012-dated gold American Eagle $50 denomination coins.

The front and back of a counterfeit 2012-dated American Eagle $50 denomination one-ounce gold bullion coin. (Photo courtesy of Numismatic Guaranty Corporation.)

The front and back of a counterfeit 2012-dated American Eagle $50 denomination one-ounce gold bullion coin. (Photo courtesy of Numismatic Guaranty Corporation.)

Those particular counterfeits exhibit poorly defined details around Liberty’s face and hair, different fonts for lettering and the date compared to genuine coins and the color is different because the fakes are not composed of gold, according to Max Spiegel, a Vice President of Certified Collectibles Group, NGC’s parent company.

PNG and PNG Accredited Precious Metals Dealers must adhere to a strict Code of Ethics in the buying and selling of numismatic merchandise including bullion coins, precious metal rounds and ingots, and they offer a guarantee of authenticity for the numismatic items they sell.

For a list of PNG-APMD members visit www.PNGdealers.org and click on the APMD navigation link.

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PNG/ANA Numismatic Trade Show Slated for August 6 – 8, 2016 In Anaheim

March 17, 2016 in ANA (American Numismatic Association), Clubs and Associations, Coin Shows, Coins, Collecting, Conventions, Education, Entertainment, Fun, History, Investing, News, Numismatica, Numismatics, PNG Professional Numismatists Guild, Press Releases, Seminars, USA Coins, World Coins

For immediate release
March 17, 2016

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

PNG/ANA Numismatic Trade Show
Slated for August 6 – 8, 2016 In Anaheim

 

(Anaheim, California) – Collectors and dealers can get an early start to the American Numismatic Association (ANA) 2016 World’s Fair of Money® in Anaheim, California in August.  The Professional Numismatists Guild (www.PNGdealers.org) will be conducting the annual PNG/ANA Numismatic Trade Show immediately prior to and in the same location as the ANA convention.

“The PNG/ANA Numismatic Trade Show will be open to the public, Saturday to Monday, August 6 – 8, 2016, and conveniently conducted in Hall D of the Anaheim Convention Center where the ANA World’s Fair of Money will be held August 9 – 13,” said PNG Executive Director Robert Brueggeman.  “The convention center is across the street from Disneyland, so this is a wonderful opportunity for a family event combining the magic of numismatics and the Magic Kingdom.”

Admission to the PNG/ANA Numismatic Trade Show will be free for visitors who pre-register online, otherwise public admission at the door will be $10, good for all three days.  Pre-registration is available at www.PNGdealers.com/events.  

A gold coin door prize will be awarded to a lucky visitor each day.  Lot viewing will be available daily for items in the Heritage Auctions and Stack’s Bowers Galleries auctions that will be conducted during the ANA 2016 World’s Fair of Money.

  “Any PNG or ANA member dealer can take a table at the PNG/ANA Numismatic Trade Show whether or not they take a table at the ANA World’s Fair of Money,” said PNG President Dana Samuelson.

Dealer setup will be Saturday, August 6, from 8:00 am – 10:00 am. Public hours will be Saturday and Sunday, August 6 and 7, from 10:00 am – 6:00 pm, and Monday, August 8, from 10 am to Noon.

A limited number of discounted hotel rates are available in conjunction with both the PNG/ANA Numismatic Trade Show and the ANA World’s Fair of Money at the Hilton Anaheim and the Fairfield Inn Anaheim Resort.  Visitors are encouraged to their book hotel accommodations as soon as possible to take advantage of the lower rates before the allotted rooms are gone.

For additional information about the ANA 2016 World’s Fair of Money visit www.WorldsFairofMoney.com.

For additional information about the PNG/ANA Numismatic Trade Show or to purchase a table, contact the Professional Numismatists Guild by phone at (951) 587-8300 or by email at info@PNGdealers.org.

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PNG 2016 YN Scholarship Competition Announced

February 16, 2016 in ANA (American Numismatic Association), Coin Shows, Collecting, Competition, Conventions, Education, Events, History, News, Numismatic Societies and Clubs, Numismatica, Numismatics, PNG Professional Numismatists Guild, Press Releases, Scholarships, Young Collectors

For immediate release
February 16, 2016

News media contacts:
Robert Brueggeman for PNG, (951) 587-8300

 PNG 2016 YN Scholarship Competition Announced

Professional Numismatists Guild logo

Professional Numismatists Guild logo

       (Temecula, California) — The Professional Numismatists Guild (www.PNGdealers.org) will provide a scholarship to a deserving young numismatist (YN) to attend the 2016 American Numismatic Association (http://www.money.org) Summer Seminar in Colorado Springs, Colorado.  This is the 12th consecutive year of PNG YN scholarships for the popular, annual ANA educational programs.

            “Once again, the PNG scholarship will cover airfare, tuition for one of the two week-long Summer Seminar sessions, meals and five nights of dormitory accommodations on the campus of Colorado College, site of the ANA headquarters,” said PNG Executive Director Robert Brueggeman.

            “All young numismatists between the ages of 13 and 22 are eligible to enter and are cordially invited to apply for the scholarship.  Entrants must submit a short essay outlining why they should be chosen as the 2016 scholarship recipient.  The deadline for receipt of the entries is Friday, April 1, 2016” explained Brueggeman.

            Entries must include the applicant’s name and contact information. The essays can be sent by email to info@PNGdealers.org or by mail to the PNG Executive Director, 28441 Rancho California Road, Suite 106, Temecula, CA  92590. 

“Young collectors are the future of the hobby, and these annual PNG scholarships help eager young numismatists learn more about the hobby through the unique learning experiences the ANA offers with its annual Summer Seminars.  The PNG is proud to continue its support of this outstanding program,” said Dana Samuelson, PNG President.

            The two separate 48th Annual ANA Summer Seminar week-long sessions will be held Saturday, June 18, to Thursday, June 23, and from Saturday, June 25, to Thursday, June 30.  Participants ranging from teenagers to seniors take class instruction on specific coin and paper money collecting topics or the hobby’s technical and business aspects.  Additional information about the ANA Summer Seminar sessions can be found on the ANA website at www.money.org/summer-seminar.

  “On behalf of the ANA, I would like to thank PNG for generously offering this opportunity to a deserving young numismatist.  It not only supports the ANA mission of providing numismatic education but also invests in the future of numismatics — our YNs,” said ANA Executive Director Kimberly Kiick.

The money to pay for the annual PNG YN Scholarship is administered from PNG’s Gerald Bauman Memorial Fund. Bauman, who died in 2001, served for many years as a prominent coin dealer with Manfra, Tordella & Brookes in New York City.

            The PNG is a nonprofit organization composed of many of the top rare coin and paper money dealers in the United States and seven other countries.  PNG member-dealers must adhere to a strict Code of Ethics in the buying and selling of numismatic merchandise.  For additional information, visit online at www.PNGdealers.org or call (951) 587-8300.

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PNG Calls For 2016 Award Nominations

January 20, 2016 in ANA (American Numismatic Association), Awards, Coin Shows, Coins, Collecting, Competition, Conventions, Events, News, Numismatic Societies and Clubs, Numismatica, Numismatics, PNG Professional Numismatists Guild, Press Releases

For immediate release
January 20, 2016

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

PNG Calls For 2016 Award Nominations

 

Professional Numismatists Guild logo

Professional Numismatists Guild logo

(Temecula, California) — Nominations now are being accepted for the 2016 Professional Numismatists Guild (www.PNGdealers.org) awards, according to PNG Executive Director Robert Brueggeman and President Dana Samuelson.

           “The annual PNG awards have become benchmarks for publicly recognizing outstanding achievements in the hobby and the profession.  We cordially welcome and strongly encourage nominations from collectors and dealers,” said Brueggeman.

           “The award winners will be announced at the annual PNG Day summer banquet that will be held in Anaheim, California on August 8, 2016, the eve of the American Numismatic Association’s World’s Fair of Money (www.worldsfairofmoney.org),” 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 Chair: Richard Weaver.  Email: rweaver@dvrcc.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 24, 2016 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 awards for the PNG, 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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Demand Strong in 2015 For Superb Quality, “Pedigree” Rare Coins, Reports Professional Numismatists Guild

January 11, 2016 in Coins, Collecting, Education, Gold, Gold Coins, History, News, Numismatic Societies and Clubs, Numismatica, Numismatics, PNG Professional Numismatists Guild, Precious Metals, Press Releases, Rare Coins, Silver, Silver Coins

For immediate release (Updated 01/14/2016)
January 11, 2016

News media contact:
Donn Pearlman, for Professional Numismatists Guild
Phone: (702) 868-5777

Demand Strong in 2015 For Superb Quality, “Pedigree” Rare Coins, Reports Professional Numismatists Guild

 

With a winning bid of nearly $5 million, the most valuable U.S. rare coin sold at auction in 2015 was this Lord St. Oswald pedigree 1794 Flowing Hair dollar. (Photo by PCGS.)

With a winning bid of nearly $5 million, the most valuable U.S. rare coin sold at auction in 2015 was this Lord St. Oswald pedigree 1794 Flowing Hair dollar. (Photo by PCGS.)

Summary:

A record total of 17 U.S. rare coins sold for $1 million or more in 2015 and a combined total of more than $439 million of U.S. coins sold at major public auctions last year, according to the Professional Numismatists Guild.

(Temecula, California) — From multi-million dollar pennies to nearly $5 million paid for an early American silver dollar, the market for superb-quality, historic U.S. rare coins remained strong in 2015, according to the Professional Numismatists Guild (www.PNGdealers.org).  A record number of 17 U.S. rare coins sold for $1 million or more each at public auctions during the year.

“The consensus estimate is that the overall U.S. rare coin market in 2015 was between $4.5 billion to $5 billion, although one expert estimated it at $6 billion.  The aggregate prices realized for U.S. coins sold at major public auctions in 2015 totaled $439,623,237, compared to $536 million in 2014 and $393 million in 2013,” said PNG President Dana Samuelson.

“There were 17 individual coins that brought $1 million or more at auction in 2015, compared to the previous record of 12 that reached that level in 2014 auctions,” Samuelson noted.

“We saw continuing high demand for so-called ‘trophy coins’ from several important collections that were sold at auctions in 2015.  As gold and silver prices dropped during the year and significant money was being spent on prized, big ticket numismatic rarities, there was weakness in the market for ‘average’ grade, commonly available coins.  However, prices remained strong for U.S. rare coins that combined historical significance, rarity and superb condition,” said Samuelson.

The PNG is a nonprofit organization composed of many of the country’s top rare coin and paper money dealers.

“In a year-end survey of auction house executives, most of the experts responding estimated the overall 2015 coin market in the U.S. at between $4.5 billion to $5 billion.  That includes auctions and private transactions made at coin shows, by mail order, online and at coin stores, but does not include numismatic bullion items or the modern coins sold directly by the United States Mint,” explained Samuelson.

Two companies surpassed $100 million in auctions of United States coins: Heritage Auctions at $254,097,887 and Stack’s Bowers Galleries at $104,991,259.

 

These are the 17 U.S. rare coins purchased by winning bidders for $1 million or higher in 2015, and the auction companies that sold them:

  • 1794 Flowing Hair design silver dollar graded Mint State 66+ by Professional Coin Grading Service (PCGS), jointly auctioned by Stack’s Bowers Galleries and Sotheby’s for $4,933,750.
  • 1795 Capped Bust design Eagle ($10 denomination gold coin), PCGS MS66+, Stack’s Bowers/Sotheby’s, $2,585,000.
  • 1792 Birch design copper cent (an early American experimental design), graded MS65 by Numismatic Guaranty Corporation (NGC) with second opinion on grade by Certified Acceptance Corporation (CAC), Heritage Auctions, $2,585,000.
  • 1793 Chain design copper cent, PCGS MS66, CAC, Heritage Auctions, $2,350,000.
  • 1808 Capped Bust design Quarter Eagle ($2.50 denomination gold coin), PCGS MS65, Stack’s Bowers/Sotheby’s, $2,350,000.
  • 1792 experimental (pattern) quarter-dollar struck in copper, NGC MS63, CAC, Heritage Auctions, $2,232,500.
  • 1907 Ultra High Relief, inverted edge letters design Double Eagle ($20 denomination gold coin), graded PCGS and NGC Proof 68, Heritage Auctions, $2,115,000.
  • 1880 Coiled Hair design Stella ($4 denomination gold coin), NGC PR67, CAC, Heritage Auctions, $1,821,250.
  • 1796 Draped Bust design silver quarter-dollar, PCGS MS66, Stack’s Bowers/Sotheby’s, $1,527,500.
  • 1797 Draped Bust design silver half dollar, PCGS MS66, Stack’s Bowers/Sotheby’s, $1,527,500.
  • 1776 Continental silver dollar “CURENCY,” NGC Extremely Fine 40, Heritage Auctions, $1,527,500.
  • 1776 Continental silver dollar “CURRENCY” and EG FECIT design, NGC MS62, Heritage Auctions, $1,527,500.
  • 1792 Birch copper cent “TO BE ESTEEMED BE USEFUL” lettered edge, PCGS About Uncirculated 58, CAC, Stack’s Bowers, $1,175,000
  • 1798 Capped Bust Right, small eagle design Half Eagle ($5 denomination gold coin), PCGS AU55, Stack’s Bowers/Sotheby’s, $1,175,000.
  • 1880 Coiled Hair design gold Stella ($4 denomination), PCGS PR65, CAC, Heritage Auctions, $1,116,250.
  • 1792 copper pattern disme (early spelling of the word, dime), NGC MS64, CAC, Heritage Auctions, $1,057,500.
  • 1795 Capped Bust Right design gold Eagle ($10 denomination), PCGS MS63+, Stack’s Bowers/Sotheby’s, $1,057,500.

The auction companies either responding directly to a PNG questionnaire about their 2015 auctions of United States rare coins or whose auction sales figures were compiled from public announcements during the year were (in alphabetical order): Bonhams; David Lawrence Rare Coins; GreatCollections Coin Auctions; Heritage Auctions; Ira and Larry Goldberg Coins & Collectibles; Legend Rare Coin Auctions; and Stack’s Bowers Galleries and auctions conducted jointly by Stack’s Bowers and Sotheby’s.

All prices include the buyer’s premium, if any, to reflect the actual total prices paid by the winning bidders.  The PNG survey did not include 2015 auctions of paper money or coins produced by other countries (“world coins”), two areas of the numismatic marketplace that also experienced record prices for many items.

“We have an important saying in the numismatic marketplace. If you don’t know rare coins, you’d better know your rare coin dealer,” advised PNG President Samuelson.

Founded in 1955, the Professional Numismatists Guild is composed of many of the country’s top rare coin and paper money dealers.  PNG member-dealers must adhere to a strict code of ethics in the buying and selling of numismatic merchandise.  A complete listing of PNG member-dealers is available at http://www.pngdealers.org/find-a-png-dealer?view=browselist.

For a copy of “The Pleasure of Numismatics,” an informative, ten-page illustrated educational booklet about collecting rare coins, paper money, tokens and medals, send $1 to: Professional Numismatists Guild, 28441 Rancho California Road, Suite 106, Temecula, California 92590.

For additional information about the Professional Numismatists Guild, visit online at www.PNGdealers.org or call the PNG headquarters in Temecula, California at (951) 587-8300.

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PNG’s Online Education Courses Available To Everyone, Worldwide

November 11, 2015 in Clubs and Associations, Coin Grading, Coins, Collecting, Education, Grading, History, News, Numismatic Societies and Clubs, Numismatica, Numismatics, Online Tools, PNG Professional Numismatists Guild, Press Releases

For immediate release
November 11, 2015

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

PNG’s Online Education Courses
Available To Everyone, Worldwide

 

Professional Numismatists Guild logo

Professional Numismatists Guild logo

(Temecula, California) – The Professional Numismatists Guild’s (www.PNGdealers.org) multi-media education program, originally created only for participants in the PNG internship mentoring program, is now available online to collectors and dealers worldwide.

“There are two levels of online classes developed by Karl Newman in conjunction with the University of Rare Coins and PNG’s Edward C. Milas School of Numismatics.  We are making these available online to anyone who wants to increase their knowledge of numismatics, from the minting process to the business of buying and selling coins,” explained PNG Executive Director Robert Brueggeman.

The Level 100 course is designed to provide broad-based basic knowledge about numismatics.  Topics include purchasing, selling, marketing and auctions; third-party certification; coin shows; and numismatic organizations and industry resources.  

Level 200 topics include metallurgy and technology in the science of numismatics; the minting process and errors; and the history of monetary systems and development of coining.

The enrollment fee is $300, and that includes both Level 100 and 200 courses.  Certificates of Completion will be provided to everyone who successfully completes both levels.  

Collector and dealer Gilbert Chang of Malaysia is enthusiastic about the online course after recently completing Level 100, and looking forward to studying Level 200 in the coming weeks.  “I did enjoy the (Level 100) course a lot.  Working with Karl (Newman of the University of Rare Coins) was exciting because he is always so enthusiastic about the subject and it rubs off on you!” he told PNG.  Chang proudly now describes himself as the only “certified” numismatist in his country.

Specific information about the educational courses and PNG’s Promoting Numismatic Growth internship program is available at www.PNGdealers.org under the “Internship” navigation links near the top of the PNG’s home page.  For additional information, contact the PNG by phone at (951) 587-8300 or by email at internship@PNGdealers.org.

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PNG Creates Accredited Precious Metals Dealer Program

September 22, 2015 in Bullion, Coins, Collecting, Education, Gold, Gold Bullion, Gold Coins, Gold Eagles, Investing, News, Numismatic Societies and Clubs, Numismatica, Numismatics, Platinum, PNG Professional Numismatists Guild, Precious Metals, Press Releases, Silver, Silver Coins, Silver Eagles, US Mint, USA Coins

For immediate release
September 22, 2015

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

PNG Creates Accredited Precious Metals Dealer Program

 

PAmerican Eagle Gold Bullion Coins Photo credit: Photo by Donn Pearlman. All rights reserved.

American Eagle Gold Bullion Coins
Photo credit: Photo by Donn Pearlman. All rights reserved.

(Temecula, California) — The Professional Numismatists Guild (www.PNGdealers.org), a non-profit organization founded in 1954 and composed today of many of the country’s top rare coin, banknote and precious metals dealers, has now created the PNG Accredited Precious Metals Dealer (PNG-APMD) program (www.PNGdealers.org/apmd).  The new accreditation program is intended to help the public learn about bullion coins and ingots, and avoid problems when they make purchases or sell.  

PNG officials caution that recent cases involving non-PNG dealers in California and Texas who failed to deliver gold coins ordered by customers underscore the crucial need for investors to know their precious metals dealer before buying or selling.

“If you don’t know bullion coins, you’d better know your precious metals dealer,” said Robert Brueggeman, PNG Executive Director.

All PNG member-dealers already must adhere to a strict code of ethics in the buying and selling of numismatic material (www.pngdealers.org/png-code-of-ethics). PNG-AMPD members now must also follow an additional code specifically regarding the buying and selling of bullion coins and ingots.

As part of the 20-point PNG-AMPD code of ethics, accredited dealers pledge to promptly deliver precious metals they sell unless otherwise agreed between the dealer and customer, and to promptly pay for precious metals they purchase unless otherwise agreed in writing between the dealer and customer.

They also pledge to furnish “sound educational resources to my non-professional customers on precious metals matters” to the best of their abilities, and must consent to PNG arbitration of all disputes involving the purchase, sale, or trade of numismatic or related items.

The complete code of ethics and list of PNG-APMD dealers can be found online at www.pngdealers.org/apmd.

“In recent weeks, there have been reports of investigators claiming customers of a Costa Mesa, California dealer reportedly failed to receive more than $17 million of gold coins they ordered.  And investigators in Austin, Texas are trying to locate an estimated $30 million of precious metal coins and cash missing from a dealer there who allegedly failed to deliver promised orders.  It is crucial that you deal only with reputable experts,” emphasized PNG President Dana Samuelson.

(Read a story about the California dealer here: http://www.ocregister.com/articles/tulving-682606-customers-coin.html.  A story about the Texas dealership is here: http://www.mystatesman.com/news/news/local/downtown-austin-vault-of-precious-metals-turns-up-/nnYS2/.)

For additional information about the Professional Numismatists Guild and the PNG Accredited Precious Metals Dealer, contact the PNG by phone at (951) 587-8300 or by email at info@PNGdealers.org.

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New PNG President Dana Samuelson Working To Promote Growth of Hobby And Marketplace

August 24, 2015 in Clubs and Associations, Coin Dealers, Collecting, History, News, Numismatic Societies and Clubs, Numismatica, Numismatics, PNG Professional Numismatists Guild, Press Releases

For immediate release
August 24, 2015

News media contact:
Dana Samuelson, (800) 613-9323

New PNG President Dana Samuelson Working
To Promote Growth of Hobby And Marketplace

 

Professional Numismatists Guild logo

Professional Numismatists Guild logo

(Temecula, California) – Dana Samuelson, President of American Gold Exchange in Austin, Texas, has been selected as the 2015 – 2017 President of the Professional Numismatists Guild (www.PNGdealers.org).  Founded in 1953, the nonprofit PNG is composed of many of the country’s top rare coin and paper money dealers who pledge to follow a strict code of ethics (www.pngdealers.org/png-code-of-ethics) in the buying and selling of numismatic merchandise.  

“It is an honor to be elected President of the PNG. The PNG membership is comprised of the finest professional numismatists in the country whose knowledge and integrity is unsurpassed.  And it’s a bonus that these people are not only very talented and hardworking, but also a lot of fun to be with,” said Samuelson.

“As President, I look forward to continuing the initiatives we’ve begun in the last several years like the successful PNG internship program and PNG trade shows,” he added.

Dana Samuelson

New PNG President Dana Samuelson

“I also look forward to working with the new American Numismatic Association President Jeff Garrett, who is a PNG Past President (2005 – 2007), to strengthen the bond between our two organizations of collectors and dealers. And, of course, the PNG will continue to assist and work closely with the International Association of Professional Numismatists (IAPN) and the Industry Council for Tangible Assets (ICTA).  As our profession’s lobbying group, ICTA keeps an eye on both state and national legislative issues that are important to buyers and sellers of rare coins and precious metals,” Samuelson stated.

Barry Stuppler of Barry Stuppler & Co. in Woodland Hills, California is the new PNG Vice President; Richard Weaver of Delaware Valley Rare Coin in Broomall, Pennsylvania is Treasurer; and James Simek of NumisGraphic Enterprises in Westchester, Illinois is Secretary.

“Under PNG Bylaws, member-dealers of the organization elect the board members at large, and then the elected board members select the officers from within their group.  During their August 9, 2015 meeting in Rosemont, Illinois, the nine-member Board chose the President, Vice President, Secretary and Treasurer,” explained Robert Brueggeman, PNG Executive Director.

The 2015 – 2017 PNG Board of Directors also is composed of Immediate Past President Terry Hanlon of Dillon Gage Metals Division in Addison, Texas; John Hamrick of John B. Hamrick & Co. in Alpharetta, Georgia; John Maben of JFM Trading in Lakewood Ranch, Florida; Wade Milas of RARCOA in Willowbrook, Illinois; and James Sego of JMS Coins in Coeur d’Alene, Idaho.

“The election of Wade Milas to the board marks the first time that the son of a former PNG President has been selected as a PNG officer.  Wade’s late father, Ed Milas, served with distinction as PNG President from 1983 to 1985,” explained Brueggeman.

Samuelson is optimistic about the numismatic marketplace.

“Going forward it will be exciting to watch how the rare coin market continues to evolve in the 21st century. The just-concluded ANA Chicago convention was another successful show for dealers, the public and the auction houses, with interest and prices continuing to be strong for marquis rare coins,” he said.

“Seeing again in person former Trompeter Collection proof gold coins and watching them come up for auction with other rarities like the 1861-S Paquet $20 out of the Duquesne Collection were highlights for me personally.  We have more of the phenomenal D. Brent Pogue Collection coins coming up for auction later this year. Opportunities to acquire incredible coins like these don’t happen all the time, so I hope collectors and dealers alike are taking advantage of the chance to see and buy these wonderful coins coming to market again,” stated Samuelson.

For a copy of “The Pleasure of Numismatics,” an informative, ten-page illustrated educational booklet about collecting rare coins, paper money, tokens and medals, send $1 to: Professional Numismatists Guild, 28441 Rancho California Road, Suite 106, Temecula, California 92590.

For additional information about the Professional Numismatists Guild, visit online at www.PNGdealers.org or call the PNG headquarters in Temecula, California at (951) 587-8300.

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Professional Numismatists Guild Presents Lifetime Achievement Award to Jeff Garrett

August 11, 2015 in Awards, Clubs and Associations, Collecting, Conventions, Events, History, News, Numismatic Societies and Clubs, Numismatica, Numismatics, PNG Professional Numismatists Guild

For immediate release
August 10, 2015

 

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

 

Professional Numismatists Guild Presents
Lifetime Achievement Award to Jeff Garrett

 

New PNG President Dana Samuelson (left) and new PNG Vice President Barry Stuppler (right) presented the PNG’s 2015 Lifetime Achievement Award, to Jeff Garrett (center).  (Photo by Donn Pearlman.)

New PNG President Dana Samuelson (left) and new PNG Vice President Barry Stuppler (right) presented the PNG’s 2015 Lifetime Achievement Award, to Jeff Garrett (center). (Photo by Donn Pearlman.)

(Rosemont, Illinois) – The Professional Numismatists Guild (www.PNGdealers.org) has presented its 2015 Lifetime Achievement Award to Jeff C. Garrett of Mid-American Rare Coin Galleries in Louisville, Kentucky.  An award-wining numismatic author, Garrett is a former PNG President and is the incoming President of the American Numismatic Association.

“Jeff’s excellent reference books, his dedication to the hobby and profession, and his efforts to help the Smithsonian continue to expand and exhibit the National Numismatic Collection make him the outstanding choice for this year’s award,” said Barry Stuppler, Co-Chair with Dana Samuelson of the PNG Lifetime Achievement Award Committee.

In presenting the award, Samuelson noted that Garrett started working as a coin dealer in his teens and now is in his fifth decade as a professional numismatist.

“He’s a generous individual with his time and expertise, who doesn’t qualify his altruism based on the size of the entity receiving it.  He’s as happy helping his local Lexington, Kentucky coin club as he is assisting either the ANA or the Smithsonian,” Samuelson stated.

           The award was presented at the annual PNG banquet held in the Chicago suburb of Rosemont, Illinois on August 10, 2015, the eve of the ANA World’s Fair of Money (www.worldsfairofmoney.org).

           Here are other award categories and winners announced at the banquet.

he PNG’s highest honor, the 2015 Abe Kosoff Award, was presented to Steve Ivy (center) by PNG Immediate Past President Terry Hanlon (left) and PNG Board Member John Maben (right).  (Photo by Donn Pearlman.)

he PNG’s highest honor, the 2015 Abe Kosoff Award, was presented to Steve Ivy (center) by PNG Immediate Past President Terry Hanlon (left) and PNG Board Member John Maben (right). (Photo by Donn Pearlman.)

Abe Kosoff Founders Award: Presented to Steve Ivy of Dallas, Texas, Co-Chairman and CEO of Heritage Auctions and a former PNG President (2003 – 2005). The award is presented to a PNG member-dealer who has shown 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 Kosoff Award is named after PNG’s Founding President who spearheaded the 1953 launch of the organization.

Sol Kaplan Award: Presented to Victor Bozarth of Bozarth Numismatics, Inc. of Brenham, Texas and Sarah Miller of Heritage Auctions, New York City, for their efforts that led to the arrest and subsequent guilty plea of a thief who stole coins at shows in several states.  The Kaplan Award is presented to individuals who have given their time in an attempt to rid the profession of fraud and thievery. The award, jointly presented by the PNG and the Lewis M. Reagan Foundation, is named after a former PNG President who was personally responsible for the apprehension of several people suspected of committing numismatic-related crimes.  

Significant Contribution Award: Given to Julian M. Leidman of Bonanza Coins in Silver Spring, Maryland for his exceptional, beneficial efforts on behalf of the PNG, the profession and the hobby.

Distinguished Service Award: Presented to Jeffrey F. Bernberg of Rare Coin Company of America in Willowbrook, Illinois for his 12 years of service on the PNG Board, including his term as President from 2011 – 2013.

Achievement in Excellence Award: Presented to Robert Korver of Heritage Auctions in Dallas, Texas.  PNG Executive Director Robert Brueggeman announced this special award for Korver’s “countless hours championing the fight against import restrictions.”  Brueggeman added: “The PNG, its members and the numismatic community as a whole are in his debt.”

This year, the PNG did not present either the Robert Friedberg Award for outstanding book or the Art Kagin Ambassador Award.

              The PNG recognized John G. Hanson of Wellesley, Massachusetts for 50 years of PNG membership.

The following dealers were recognized for 25 years of PNG membership: Klaus J. Degler of Denver, Colorado; William Dominick of Tappan, New York; Stephen J. Gehringer of Allentown, Pennsylvania; Salvatore Germano of Hawthorne, New Jersey; Ed Grundy of Pueblo, Colorado; James Halperin of Dallas, Texas; Richard N. Nachbar of Williamsville, New York; Daniel N. Ratner of Rockville, Maryland; and affiliate member Paul R. Whitnah of Arlington, Texas.

The final presentation at the awards ceremony for Lifetime Membership was “one that the PNG does not often make,” explained Brueggeman.  “In fact, we have only ever honored five members with this distinction.”  

He announced that Lifetime Memberships now have been conferred on former PNG President (1985 – 1989) Leon Hendrickson of Winchester, Indiana; John Rowe III of Dallas, Texas; and former PNG President (1989 – 1991) Harvey G. Stack of New York City.

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 awards for the PNG, 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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