Coin Collecting News

Thursday
4 December 2008

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{Tag Archives} PNG

PNG Cautions: Obama “Coins” Not Rare Investments

Officials of the Professional Numismatists Guild (PNG), a non-profit organization composed of the nation’s top rare coin dealers, are advising consumers that recently offered “coins” honoring President-elect Barack Obama should be considered only as souvenirs and not be viewed as rare coins or an investment.

“All of the items we’ve seen offered so far on television and online are merely political mementos that certainly may be enjoyable as a keepsake, but typically will have little or no re-sale value later in the mainstream numismatic market.  Privately-produced items are not legal tender U.S. coins.  In cases where a marketer has altered an actual U.S. coin after it left the Mint, such as putting a sticker with Obama’s picture on it, knowledgeable collectors usually consider that to be merely defacing the coin,” said Gary Adkins of Edina, Minnesota, PNG President.

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Reward Offered in Beverly Hills Coins Theft

The Professional Numismatists Guild (PNG) and PNG member-dealer, Kevin Lipton, are jointly offering a $10,000 reward for information leading to the recovery of rare coins and paper money stolen from Lipton’s Beverly Hills, California offices.  The unknown thief or thieves took more than a quarter-million dollars worth of numismatic items during a break-in on Sunday, October 19, 2008.

“Anyone with information that can help solve this crime is urged to contact Detective Max Subin of the Beverly Hills Police Department at (310) 285-2158, or call the PNG at (760) 728-1300,” said PNG Executive Director Robert Brueggeman.

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PNG Launches “Dealer’s Deal” Show in Vegas

The Professional Numismatists Guild (PNG) will conduct its inaugural “PNG Dealer’s Deal” in December in Las Vegas, Nevada.  It is the first in a planned series of “new concept” shows.

“There will be both PNG and non-PNG dealers attending, a limited number of collector-guests who will be personally invited by participating dealers, and members of the general public who want to attend,” said Gary Adkins, PNG President.

“This first show will have about three dozen dealers and on-site grading services by Numismatic Guaranty Corporation.”

Read article: PNG Launches “Dealer’s Deal” Show in Vegas

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Final 2008 PNG Seminar Scheduled for Baltimore Show

The last in a year-long, nationwide series of Professional Numismatists Guild “Share the Knowledge” educational seminars for collectors and dealers will be conducted at the upcoming November Whitman Baltimore Coin and Currency Convention.

PNG member-dealer Anthony Swiatek of Manhasset, New York will discuss, “What Are the Perspicacious Ways to Collect and Invest in Coins and Currency?”  The program begins at Noon on Friday, November 21, 2008, in room 303 of the Baltimore Convention Center.  A complimentary light lunch will be available for audience members.

Read article: Final 2008 PNG Seminar Scheduled for Baltimore Show

Filed in: Coin Collector Education, Coin Collector Shows, Coin Press Releases, Professional Numismatist Guild

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PNG President Praises New Penny, But Doubts Practicality

The introduction next year of new designs for the common Lincoln cent is being praised by a coin expert, but he doubts the practicality of pennies in pocket change.

“The Mint has been producing cents for circulation for 215 years since 1793 and they’re fun to collect, but the usefulness of one-cent denomination coins is questionable.  Pennies may go the way of the two-cent, three-cent and twenty-cent denomination coins that were eliminated in the 1800’s,” said Gary Adkins of Edina…

Read article: PNG President Praises New Penny, But Doubts Practicality

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Date Change for PNG Seminar at September 2008 Long Beach Expo

The date has changed for the latest in the Professional Numismatists Guild’s “Share the Knowledge” educational seminars at the Long Beach Coin, Stamp & Collectibles Expo.  The new date is Thursday, September 18, 2008, instead of the previously announced Friday the 19th.

The seminar will benefit potential auction consignors and bidders.

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PNG Extends Brueggeman’s Contract, Cites Accomplishments

The Professional Numismatists Guild (PNG), a nonprofit organization composed of many of the top rare coin and paper money dealers, has extended for another two years the contract of its veteran Executive Director, Robert Brueggeman.

“Bob has continued to manage a dynamic organization with zeal and dedication.  His efforts have kept the Professional Numismatists Guild on a steady pace,” said PNG President Gary Adkins.

Read article: PNG Extends Brueggeman’s Contract, Cites Accomplishments

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PNG Honors Award Winners - Coin News

(Baltimore, Maryland) – The Professional Numismatists Guild (PNG) presented a Lifetime Achievement Award to well-known researcher, author and rare coin dealer John “J.D.” Dannreuther of Memphis, Tennessee.

The surprise presentation of the award was made during the organization’s annual PNG Day banquet conducted this year in Baltimore, Maryland.

Read entire article: PNG Honors Award Winners - Coin News

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Collectors Invited to Baltimore PNG Day, July 29, 2008

This year’s annual PNG Day conducted by the Professional Numismatists Guild in conjunction with the American Numismatic Association World’s Fair of Money® convention will be Tuesday, July 29, 2008, in Hall A of the Baltimore Convention Center from 10 a.m. to 3 p.m. Collectors are cordially invited to attend; however, an invitation is required for admission.

Entire news release: Collectors Invited to Baltimore PNG Day, July 29, 2008

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PNG Share the Knowledge Seminars - CoinNews

(Fallbrook, California) – The Professional Numismatists Guild will continue its year-long series of PNG Share the Knowledge educational seminars at major numismatic conventions in June and August.  Programs will be conducted by PNG member-dealers at the Whitman Baltimore Coin and Currency Convention, June 6; the American Numismatic Association World’s Fair of Money® in Baltimore, August 1 and 2; and at the Whitman Coin and Collectibles Atlanta Expo, August 22, 2008.

A complimentary light lunch will be available for audience members at each seminar.  The seminars are free and open to collectors and dealers as a way for some of the hobby’s top experts to share their knowledge.

Entire article: Summer 2008 PNG Share the Knowledge Seminars - CoinNews

Filed in: Coin Collector Education, Coin Collector Shows, Professional Numismatist Guild

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Georgia Teenager Wins 2008 PNG YN Scholarship - CoinNews

(Fallbrook, California) – An Atlanta area high school freshman, Dustin Reynolds, 15, is this year’s winner of the Professional Numismatist Guild’s (PNG) Young Numismatist Scholarship.  The PNG scholarship covers tuition for a one-week session at the American Numismatic Association (ANA) annual Summer Seminar, airfare, meals and six nights of dormitory accommodations on the campus of Colorado College, site of the ANA headquarters.

“I was pretty excited,” said Reynolds, recalling his reaction when he was informed of the scholarship.

Entire article: Georgia Teenager Wins 2008 PNG YN Scholarship - CoinNews

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