January 17, 2021
Industry
News
Vital rare coin & paper money industry updates
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PNG Day Returns to CSNS for 2021
Jan 12 — Visitors will get early advantage for buying, selling, and auction lot viewing prior to the Central States convention.
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Strong 2020 Rare Coin and Banknote Market Despite Pandemic, Reports Professional Numismatists Guild
Jan 6 — Eight individual rare coins were purchased at auctions for $1 million or more in 2020. The top two were an 1804-dated Draped Bust Class I silver dollar graded by Professional Coin Grading Service (PCGS) Proof-65 sold by Stack’s Bowers Galleries for $3,360,000 and a 1927-D Saint-Gaudens Double Eagle ($20 denomination gold coin) graded PCGS Mint State-65+ sold by Heritage Auctions for $2,160,000.
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Anti-Counterfeiting Educational Foundation Helps Rid Marketplace of $1+ Million of Fakes in 2020
Dec 10 — Funded only by donations, the nonprofit ACEF worked with law enforcement agencies in 2020 to protect collectors, dealers and the general public by removing counterfeits from the marketplace.
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ICTA Announces David Crenshaw as New Executive Director
Dec 8 — Jimmy Hayes will step down as executive director at the end of the year, and David Crenshaw will take over the role on January 1, 2021.
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Gold Dealers Seeing New Buyers While Some Earlier Buyers Are Now Selling
Oct 22 — “If you don’t know gold, you’d better know your gold dealer,” cautions the leader of the Accredited Precious Metals Dealer program of the Professional Numismatists Guild.
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David Lisot Visits the Denver Coin Show During COVID [Video]
Oct 19 — Join David on a walkabout at Denver Coin Expo During COVID Virus October 3-5, 2020.
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New Mexico Coin, Stamp, and Collectible Expo – What a Great Show
Aug 22 — One of the few public coin shows to occur during COVID went off without a hitch!
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No Significant "Panic Selling" of Gold, Reports Accredited Precious Metals Dealers
Aug 19 — Younger buyers entering market and Baby Boomers are still acquiring precious metals
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AUGUST SALES BRING NEEDED SUPPLY (August 2020 Greensheet)
Aug 7 — Patrick Ian Perez presents his August 2020 Market Report for the U.S. collectible paper money market.
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ANA WORLD’S FAIR OF MONEY SUSPENDED, ONLINE SALES FORGE AHEAD (July 2020 Greensheet)
Jul 26 — Patrick Ian Perez presents his July 2020 Market Report for the U.S. collectible paper money market.
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Get Ready for the 2020 PMG Registry Awards!
Jul 20 — Paper Money Guaranty® is excited for the 2020 PMG Registry Awards, and we hope you are too!
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2020 World's Fair of Money Officially Cancelled -- ANA Board Commits to Pittsburgh in 2023
Jul 17 — The organization had previously postponed the show in the hopes the event could be rescued by a venue change.
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U.S. Rare Coin Market Quite Active Despite Pandemic, Reports Professional Numismatists Guild
Jul 6 — The industry trade group reports that auction houses set records with over $167 million in winning bids during the first six months of 2020.
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Despite Canceled Event, Central States Sales Keep the Market Moving (June 2020 Greensheet)
Jun 18 — Patrick Ian Perez presents his June 2020 Market Report for the U.S. collectible paper money market.
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2020 ANA World's Fair of Money Has Been Suspended
Jun 17 — The COVID pandemic has made its mark on the numismatic industry's most important annual event. The ANA WFOM has been officially cancelled while the Board considers its options. Colorado Springs and Salt Lake City under consideration as alternate sites.
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World Money Fair Berlin Sets Show Dates for 2021
Jun 9 — The seminal event on the international stage for numismatics has set their dates for the January 2021 show. Organizers are building in flexibility and ask everyone to share their input for how the event should proceed.
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Central States Terminates Foleys' Contracts
Jun 4 — On June 1, the Central States Numismatic Society formally announced the termination of it's contract with long-time General bourse chairman Kevin Foley. Foley has been a part of CSNS events for decades.
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New ANA eLearning Academy Provides Taste of Summer Seminar
Jun 3 — During what would have been the American Numismatic Association's (ANA) annual Summer Seminar event – June 29-July 10, the Association will instead offer free virtual courses through its new ANA eLearning Academy. Eleven courses that would have been offered during the week-long Summer Seminar will be offered in a condensed one- to two-hour online format. Courses are open to both ANA members and non-members; there is no charge to participate but preregistration is required.
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ANA World's Fair of Money Planning Continues
May 21 — August Convention Remains on the Schedule
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IBNS Founder Colin Narbeth Passes Away
May 15 — The founder of the International Bank Note Society, Colin Narbeth of England, passed away at age 90.
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CDN Exchange: the Swiss Army Knife of the Coin Business
Apr 11 — CDNX is an amazing tool that is available to all coin dealers that levels the playing field for all participants to compete and collaborate in the rare coin and paper money marketplace.
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American Numismatic Association Cancels 2020 Summer Seminar
Apr 9 — "While it seemed inevitable with each passing week, we were officially notified by Colorado College today that they are suspending all summer programs and camps in order to 'restrict participants who have traveled to or from affected areas' associated with the coronavirus pandemic."
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PNG Reappoints NGC, NCS and PMG as its Official Grading and Conservation Services
Apr 4 — PNG is the most prestigious non-profit organization of numismatic professionals in the US. Its primary mission is to make the hobby safe for collectors and investors by maintaining strict standards of excellence and ethics for its members, which include the country’s top coin and paper money dealers.
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