Only $60 Offered for $10,000 Gold Coin   Professional Numismatists Guild (PNG) member-dealers have been assisting the news media in their continuing investigations of several gold-buying companies that move from community to community across the United States. One of the buyers offered only $60 -- significantly less than even its bullion melt value -- for a 1925-D Indian Head $2.50 gold coin certified NGC MS66 and valued at $10,000 by PNG experts.                       " Despite prominent…
(Long Beach, California) – A unique six-note uncut sheet of $5 New Jersey National Currency notes stolen two years ago was returned to its grateful owner at the Long Beach Coin, Stamp & Collectibles Expo during dealer set up on June 2, 2010. The sheet was taken in an October 2008 burglary from the offices of dealer Kevin Lipton of Beverly Hills, California, and is the only item recovered so far.             “It’s the only thing…
(Long Beach, California) – The Board of Directors of the Professional Numismatists Guild (PNG) met in Long Beach, California on June 2, 2010 and issued the following statement. The Professional Numismatists Guild Board of Directors applauds the Professional Coin Grading Service (PCGS) in its efforts to battle the deceptive practice known as coin "doctoring." The deliberate, deceitful alteration of a coin can pose an egregious financial consequence to individual collectors, investors, dealers as well as the…
  (Waterville, Ohio) -- A Northern Ohio teenager who discovered the joys of numismatics three years ago from his father's long-ago coin collection is the recipient of the Professional Numismatists Guild's 2010 Young Numismatist scholarship. Michael Pedro, 17, of Waterville, Ohio, will receive airfare and tuition from PNG to attend one of the week-long American Numismatic Association Summer Seminar sessions in Colorado Springs, Colorado.             A member of the Toledo Glass Center Coin Club, he will…
  The Professional Numismatists Guild has suspended member-dealer Robert L. Higgins of Wilmington, Delaware for actions which PNG determined to be a breach of its Code of Ethics and conduct prejudicial to the organization, according to PNG Executive Director Robert Brueggeman.             "The PNG Board ratified the suspension at its meeting on April 27, 2010. The Board will review the matter at its meeting in June, at which time it may rescind the suspension, keep it…
(Fallbrook, California) – Nominations now are being accepted for the 2010 Professional Numismatists Guild (www.PNGdealers.com) awards, according to PNG Executive Director Robert Brueggeman and President Paul Montgomery. “Once again we are asking collectors and dealers to nominate candidates in a half dozen award categories to formally recognize achievements in various areas of the hobby and profession,” said Brueggeman.  “These prestigious awards will be formally announced at the annual PNG Day summer banquet that will be…
(Fallbrook, CA) – The Professional Numismatists Guild will conduct another in its continuing series of PNG Share the Knowledge seminars at the Central States Numismatic Society 71st anniversary convention in Milwaukee, Wisconsin at 1 p.m. on Friday, April 30, 2010. The educational session is free and open to collectors and dealers, and a complimentary light lunch will be available for audience members. “Gary Adkins, Jeff Garrett and Julian Leidman, three outstanding professional numismatists including two former PNG…
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