Coin Dealer Group PNG Strengthens Anti-Counterfeiting Bylaws, Welcomes Ten New Members
As part of the organization’s anti-counterfeiting efforts, the Professional Numismatists Guild has added additional conduct restrictions to its Code of Ethics regarding involvement with fakes.
As part of the organization’s anti-counterfeiting efforts, the Professional Numismatists Guild has added additional conduct restrictions to its Code of Ethics regarding involvement with fakes.
Four words, indicated here in italics, have been added and are now part of section seven of PNG’s By Laws: “To refrain from knowingly participating in, abetting or dealing in counterfeit, altered, repaired or ‘doctored’ numismatic items without fully disclosing their status to my customers.”
The entire, revised PNG Code of Ethics can be found online at www.PNGdealers.org/code-of-ethics.
Combatting fakes in the marketplace is a major priority for the Professional Numismatists Guild. With its experienced leadership and financial support, PNG is providing administrative assistance to the Anti-Counterfeiting Educational Foundation (ACEF), an independent 501(c)3 nonprofit organization. ACEF oversees the important, ongoing work of the Anti-Counterfeiting Task Force.
ACEF recently launched a new website, www.ACEFonline.org, to provide information to the public. Additionally, ACEF is providing education and awareness training for law enforcement agencies about counterfeit coins and fake third-party encapsulation holders.
For additional information about the Professional Numismatists Guild or the Anti-Counterfeiting Educational Foundation, contact the organizations at 28441 Rancho California Road, Suite 106, Temecula, CA 92590. The phone number is 951-587-8300. Or contact ACEF Director of Anti-Counterfeiting Beth Deisher at 567-202-1795.
PNG recently welcomed six new full members: James Collier of Nobel House Precious Investments in Fort Collins, Colorado; Carl Fusco of NPA Associates in Trumbull, Connecticut; Chris Dempsey of Dempsey & Baxter in Erie, Pennsylvania; Matthew McCormick of Missouri Coin Co in Des Peres, Missouri; David Melamud of ENUMISMAT in Staten Island, New York; and Barton Reames of Crossroads Coin, Inc. in Vandalia, Ohio.
PNG also recognized three new associate members: Elizabeth Coggan of Elizabeth Coggan Numismatics, LLC, in North Easton, Massachusetts; Chris Gehringer of Keystone Estate Specialists in Allentown, Pennsylvania and Russell Augustin of ACUM/RARCOA in Willowbrook, Illinois.
Hugh Wood of insurance broker Hugh Wood, Inc. in New York, New York recently joined as a PNG affiliate member.
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Source: Professional Numismatists Guild (PNG)
The Professional Numismatists Guild was founded in 1955, due in no small measure to the vision of well-known coin dealer Abe Kosoff. Kosoff and several other coin dealers believed that the hobby of coin collecting would be better served if a professional group was organized. After much effort, the Professional Numismatists Guild was established. Its motto, “Knowledge, Integrity, Responsibility” continues to reflect the aims of our not-for-profit organization.
