Leaders of three coin and precious metals hobby and professional groups are praising the Federal Trade Commission for acting on their suggested changes to the FTC's 2010 online consumer advisory entitled "Investing in Gold? What's the Rush?"              Some hobby and trade leaders were concerned that the original advisory contained some language that might be detrimental to reputable gold dealers and discourage collectors from acquiring gold coinage.             Representatives of the Professional Numismatists Guild (www.PNGdealers.com),…
(Temecula, California) -- The Board of Directors of the Professional Numismatists Guild (PNG) has ratified the new or upgraded memberships of four professional numismatists.             John Albanese of Certified Acceptance Corp. in Far Hills, New Jersey and William Panitch of William S. Panitch Rare Coins in Albany, New York have joined PNG as Regular (full) members. Nicholas Brown of Majestic Rarities in Chicago, Illinois, an Associate PNG member since 2007, has become a Regular member. Nicholas Pyle of Pyle…
   (Fallbrook, California) -- The Professional Numismatists Guild (PNG) will provide a scholarship to a deserving young numismatist (YN) to attend the 2011 American Numismatic Association (ANA) Summer Seminar in Colorado Springs, Colorado. This is the seventh consecutive year of PNG YN scholarships for the popular, annual ANA program.             "The scholarship will cover airfare, tuition for one of the two week-long Summer Seminar sessions in June or July, meals and six nights of dormitory accommodations…
       (Temecula, California) -- The Professional Numismatists Guild (PNG) has a new office address and phone number.             Effective December 6, 2010, the new PNG address will be 28441 Rancho California Road, Suite 106, Temecula, California 92590. The new phone number will be (951) 587-8300 and the new fax number will be (951) 587-8301.             The email address remains the same, This email address is being protected from spambots. You need JavaScript enabled to view it. , and the website address also remains the same, www.PNGdealers.com.             The Professional…
         What do you do when a gold seller fails to deliver or the merchandise you received was not as described when you ordered it? Who can you contact for help when you don't receive payment for gold you've submitted to sell?             In two recent cases, "Howard" in Mississippi wired $20,000 several months ago to a California coin and bullion dealer to purchase gold coins, and "Richard" in Virginia sent $150,000 to the…
       (Fallbrook, CA) -- Over a half dozen distinguished members of the Professional Numismatists Guild (PNG) received prestigious honors in the Numismatic Literary Guild (NLG) 2010 awards competition for excellence in writing as well as audio-visual and online work. The NLG awards were announced at the American Numismatic Association World's Fair of Money in Boston on August 12, 2010.             PNG Affiliate Member Paul Whitnah of M&M World Travel Service in Arlington, Texas received the NLG's…
      (Fallbrook, California) -- The Professional Numismatists Guild (PNG) has announced the resignation of one member, the suspension of another and the hiring of legal counsel specifically in connection with allegations of "coin doctoring" against some PNG member-dealers.             "The PNG Board has regretfully accepted the resignation of long-time member-dealer Jonathan Kern of Lexington, Kentucky. Mr. Kern was currently serving a two-year term on the PNG Board of Directors, and that position now is…
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