Three Numismatic Groups Admonish Facebook About Ads Offering Counterfeits

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Three major numismatic organizations that sent a letter to Facebook executives to complain that the social media platform “has become the predominant choice of some fraudsters” are disappointed with the lack of a response by Facebook and the continuing appearance of pop-up advertisements selling counterfeit coins. No response has been received in the month since the letter was sent. The Anti-Counterfeiting Educational Foundation (www.ACEFonline.org), Numismatic Guaranty Company (www.NGCcoin.com) and the Professional Numismatists Guild (www.PNGdealers.org) sent their …

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PNG Now Accepting 2021 Awards Nominations

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The following is a Press Release from the Professional Numismatists Guild (PNG) announcing that it has opened up nominations for its 2021 awards. The PNG annually awards six distinct awards for PNG members to be recognized for their contributions to numismatics. The Professional Numismatists Guild (www.PNGdealers.org) is now accepting nominations for its 2021 awards, according to PNG Executive Director Robert Brueggeman. “The PNG publicly recognizes outstanding achievements in the hobby and the profession by honoring …

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PNG Expels Member Jason Bradford

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The Professional Numismatists Guild (PNG) has issued the following Press Release, announcing the expulsion of member Jason Bradford. Bradford, owner of Legacy Currency Grading, was suspended in July 2019 for actions that were prejudicial to the PNG. Details of those actions were not released then nor were they released today. The PNG simply announced that he had been expelled rather than reinstate his membership or accept his resignation. The Professional Numismatists Guild (PNG) is a nonprofit trade …

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Strong 2020 Rare Coin and Banknote Market Despite Pandemic

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The following is a Press Release from the Professional Numismatists Guild (PNG) outlining the strong 2020 rare coin and banknote market despite the COVID-19 pandemic that disrupted the year. The guild reports that the United States rare coin market saw nearly $369 million from major auctions, up from the $325 million in 2019. It was the year of pandemic-related cancelled coin shows, but 2020 still resulted in one of the strongest U.S. rare coin and paper money …

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APMD Reports No Significant “Panic Selling” of Gold

Accredited Precious Metals Dealer

The following is a Press Release from the Accredited Precious Metals Dealer group within the Professional Numismatic Guild, reporting that no significant panic selling of gold has been occurring in the rush to buy precious metals over the past several weeks. The buying and subsequent driving up of the spot price of gold has been largely caused by collectors and investors wanting to diversify their portfolios during the COVID-19 pandemic. However, it seems that many …

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Enjoy 2020 “Gold Rush” Prudently, Advises Accredited Precious Metals Dealers

Accredited Precious Metals Dealer

The following is a Press Release from the Accredited Precious Metals Dealers (APMD) and the Professional Numismatic Guild (PNG) warning buyers of precious metals to be cautions and careful to avoid being taken in a multitude of schemes targeting investors and collectors. (Temecula, California) July 31, 2020 – Buyers of physical gold and silver during the 2020 “Gold Rush” should be wary of potential counterfeits in the marketplace, mistaking plated “gold coins” for bullion products, …

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U.S. Rare Coin Market Quite Active Despite Pandemic, Reports Professional Numismatists Guild

1927-D $20 PCGS MS65+

The following is a Press Release from the Professional Numismatists Guild, reporting that rare coin sales and the rare coin market in general has remained strong throughout the COVID-19 pandemic. Indeed, multiple record sales have happened in 2020 through a range of auction sites. (Temecula, CA) July 6, 2020 – The market for high-quality, rare United States coins remained active during the first six months of 2020 despite pandemic-related closures of many retail locations and …

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Pittsburgh 2020 PNG Day Is Canceled

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The knock-on effect of the suspension of this year’s World’s Fair of Money is that it has also cancelled a PNG event. The Professional Numismatic Guild traditionally holds a PNG day at the event but with the overall Fair now suspended, PNG has decided to call time on the event. PNG Day was scheduled to take place on Monday, August 3rd at the convention in Pittsburgh. Here is the full Press Release from PNG. (Pittsburgh, …

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PNG Now Accepting 2020 Awards Nominations

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The following Press Release comes from the Professional Numismatist Guild (PNG) announcing that the organization is now accepting nominations for its 2020 Awards. (Temecula, California) March 19, 2020 – The Professional Numismatists Guild (www.PNGdealers.org) is now accepting nominations for its 2020 awards, according to PNG Executive Director Robert Brueggeman. “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 …

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PNG Urges “Preserve the Past” and Offers to Assist Victims of Coin Doctoring

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(Temecula, California) September 3, 2019 – As part of its on-going efforts to combat “coin doctoring,” the Professional Numismatists Guild (www.PNGdealers.org) is urging dealers and collectors to respect the heritage and historical significance of all coinage to preserve the past as best as possible. PNG also is offering to assist anyone who suspects he or she unwittingly purchased a doctored coin. “It has often been stated that money is history you can hold in your …

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