Skip to main content

CSNS Parts Ways with Chairman Foley

The Central States Numismatic Society’s board of governors has decided not to renew Convention Chairman Kevin Foley’s contract, which was set to expire June 30.

Foley served as convention general chairman for decades, guiding it to its semi-permanent home in Schaumburg, Ill., in 2012 and more recently incorporating elements of the Chicago Coin Fair and the PCDA National Coin and Currency Convention into the Central States convention.

After considerable discussion during a video conference meeting on May 30, the board thanked Foley for his service but voted to seek new convention leadership. President Mitch Ernst was tasked with searching for a successor.

The board also voted to eliminate the bourse chairman’s position, currently held by Patricia Foley, as a cost-saving move.

Faced with a projected deficit in 2021, the board anticipates trimming convention expenses and replacing some paid staffers with volunteers in an attempt to bring the budget into balance.

The Central States anniversary convention, held each April, is one of the nation’s larger coin shows, with nearly 300 dealer booths, an expansive exhibit area and notable auctions.

For more information about the society and its convention, visit www.centralstatesnumismaticsociety.org.

The post CSNS Parts Ways with Chairman Foley appeared first on Numismatic News.

Comments

Popular posts from this blog

Royal Mint Partners with NGC to Offer Certified UK Coins

The Royal Mint, the official mint of the United Kingdom, has partnered with Numismatic Guaranty Corporation (NGC), the world's largest third-party coin grading service. For the first time, The Royal... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Heritage Readies Long Beach Paper Money Auction

By Tracy Schmidt  There are many spectacular notes in Heritage’s upcoming Long Beach auction. The top five I will be keeping an eye on are notes of exceptional quality. I look forward to sharing the auction results with you next month. The first note is Lot 20637, a $10,000 1934 Federal Reserve Note PMG-graded Unc. 66 EPQ. According to Heritage, the note is one of just three $10,000s certified by PMG at this level for all series and districts. Having perfect centering, ideal colors, and excellent eye appeal, it should be a great performer. The note is projected to exceed its estimate of $200,000-$300,000. At the time of writing, the note has 13 bids and registered phone bidders; the lot tracking activity stands at 94, and there have been 3,010 page views. Lot 20637 is this $10,000 1934 Federal Reserve Note with signatures of Julien and Morgenthau. (Image courtesy of Heritage Auctions) The second note I am tracking is Lot 20635, a $5,000 1934 Federal Reserve Note graded Very C...

Viewpoint: PNG warns bullion buyers of risks

Editor’s Note: The following is a warning issued by the Professional Numismatists Guild. Following the recent fraud charges filed by the Commodity Futures Trading Commission against a California gold seller, a trade group composed of veteran precious metals experts is urging investors to take three important steps before making any purchases of gold, silver or platinum ​bullion ​coins or ingots. “To avoid paying too much when you buy or receiving too little when you sell, and to avoid potential scams, investors absolutely must know the credentials of the bullion dealer, not just what the dealer may tout on TV advertisements or with a fancy website,” cautioned Barry Stuppler of Woodland Hills, California, President of the nonprofit Professional Numismatists Guild ( www.PNGdealers.org ). “If you don’t know gold, you’d better know your gold dealer,” Stuppler emphasized. The Temecula, California-based Professional Numismatists Guild (PNG) was founded in 1955. Two years ago, PNG establ...