Tina Bellanca

Tina Bellanca

The Professional Numismatists Guild issued the brief statement below following the April 20, 2016 U.S. Treasury Department announcement, April 20, 216, about upcoming design changes to U.S. paper money (www.treasury.gov/press-center/press-releases/Pages/jl0436.aspx).  The accompanying close up image of Martha Washington on an 1896 $1 note is courtesy of Heritage Auctions.Martha Washington on 1896 1  Custom

"Money is history you can hold in your hands, and the Professional Numismatists Guild welcomes the planned changes to our circulating money to help educate the public about important people, places and events in U.S. history," said James Simek, Secretary of the Professional Numismatists Guild (www.PNGdealers.org) a nonprofit organization composed of many of the country's top coin and paper money experts. 

"This will not be the first time United States money has depicted a female, but one of the rare times it is a historical woman, not an allegorical representation.  Our very first coins struck for circulation in 1793 had allegorical female depictions of ‘Miss Liberty,’ but it was not until 1863 that we had an actual, historical woman on our money when Native American ‘princess’ Pocahontas appeared on the back of $20 National Bank Notes.  Martha Washington has appeared twice on circulating paper money: on the front of $1 silver certificates in 1886, and then with her husband, George, on the back of $1 Educational Series Notes in 1896,” explained Simek.

    

(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.org/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 book their 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 This email address is being protected from spambots. You need JavaScript enabled to view it. .

             

 

 

Tuesday, 16 February 2016 16:51

PNG 2016 YN Scholarship Competition Announced

            (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 This email address is being protected from spambots. You need JavaScript enabled to view it. 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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Wednesday, 20 January 2016 21:25

PNG Calls For 2016 Award Nominations

            (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: This email address is being protected from spambots. You need JavaScript enabled to view it. .

            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: This email address is being protected from spambots. You need JavaScript enabled to view it. .

            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: This email address is being protected from spambots. You need JavaScript enabled to view it. .

            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: This email address is being protected from spambots. You need JavaScript enabled to view it. and This email address is being protected from spambots. You need JavaScript enabled to view it. .

            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: This email address is being protected from spambots. You need JavaScript enabled to view it. .

            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: This email address is being protected from spambots. You need JavaScript enabled to view it. .  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: This email address is being protected from spambots. You need JavaScript enabled to view it. . Online: www.PNGdealers.org.

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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.

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

“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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