(Fallbrook, California) – The Professional Numismatists Guild (PNG) has filed anamicus curiae (“friend of the court”) brief warning of “dire consequences” for collectors and museums because the federal government’s seizure of ten 1933 Double Eagles from a Pennsylvania family could lead to confiscation of other types of rare coins.The brief was written by PNG’s legal counsel, attorney Armen R. Vartian of Manhattan Beach, California. It was filed with the U.S. District Court for the Eastern District…
(Fallbrook, California) – To assist dealers and law enforcement agencies, an online database of stolen and missing coins has been established by the Professional Numismatists Guild atwww.stolencoin.org.“Access to the stolen coin tracking web site will be available to registered PNG member-dealers and to police and other law enforcement agencies. They will be able to conveniently report and search for specific information about crimes and losses related to numismatic material,” said Robert Brueggeman, PNG Executive Director…
(Fallbrook, California) -- The Professional Numismatists Guild (PNG), a nonprofit organization composed of the country’s top rare coin and paper money dealers, issued the following consumer protection advisory on March 21, 2007 about altered coins being sold as genuine errors. Some 2007-dated Presidential dollar coins, deliberately altered after leaving the United States Mint to remove the edge lettering including the motto, “In God We Trust,” are being offered to unsuspecting buyers in online auctions and…
(Orlando, FL) – The Professional Numismatists Guild (PNG) and the Industry CouncilFor Tangible Assets (ICTA) have jointly released results of their third dealer’s survey of rare coin authentication and grading services. The survey indicates the professional opinions of numismatists who buy and sell coins for a living. Survey respondents were asked for their professional opinions to evaluate eleven grading services based on 12 different weighted criteria, such as grading and authentication accuracy. Each category was ranked by the respondents on…
(Fallbrook, CA) – For the third consecutive year, the Professional Numismatists Guild (PNG) will send a deserving young numismatist to the annual American Numismatic Association (ANA) Summer Seminar.             The scholarship for one of the two Summer Seminar sessions in 2007 will cover airfare, tuition, meals and six nights of accommodations at the Loomis Dormitory on the campus ofColorado College where the ANA headquarters is located in Colorado Springs, Colorado.             “All young numismatists between the ages of 13 to 22 are…
(Fallbrook, California) – The multi-billion dollar rare coin market continues to climb with record prices reported virtually every month; however, experts caution that prudent buyers should be careful about inaccurate descriptions that could drastically affect the market value of their purchases.  Many rare coins are listed in online auctions as “certified,” but not all authentication services use the same criteria for determining the grades (condition) of coins. In some cases, the “certified” coins actually may be counterfeits. …
(Denver, Colorado) – The Professional Numismatists Guild has presented its Lifetime Achievement Award to Anthony Terranova of New York City. “Tony Terranova has counseled many distinguished collectors, becoming a trusted agent to help build their collections and represent them at auctions.  Tony is a researcher and numismatic historian who specializes in high-quality Colonial and early American coins, but whose numismatic interests and contagious curiosity extend from ancient to 19th century coins and beyond.  He is a generous supporter of education…
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