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PNG updates membership roster

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The board of directors of the Professional Numismatists Guild has ratified the new and upgraded memberships of four professional numismatists.

John Albanese of John Albanese Numismatics in Far Hills, N.J., and William Panitch of William S. Panitch Rare Coins in Albany, N.Y., have joined PNG as Regular (full) members.  Nicholas Brown of Majestic Rarities in Chicago, an Associate PNG member since 2007, has become a Regular member. Nicholas Pyle of Pyle & Associates in Washington, D.C., has joined as an Affiliate member.

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At the PNG board meeting in Tampa, Fla., on Jan. 4, the board members voted to accept the resignation of previously suspended Regular member Robert L. Higgins of Certified Assets Management in Wilmington, Del.  They also accepted the resignations of Associate members Cat Keller of Harry Laibstain Rare Coins in Norfolk, Va., and Brandon Kelley of Polaris Coins in Rockwall, Texas, as well as the resignation of Regular member Saul Weitz of Harold B. Weitz in Pittsburgh, Pa.

The qualifications for consideration of an applicant to be selected for PNG Regular membership are:

1) Be at least 21 years of age and have at least five years experience as a professional numismatist;
2) Have a net worth at all times of at least $250,000;
3) Agree by signature to abide by the PNG Code of Ethics;
4) Agree to submit to legally binding arbitration to settle any dispute relating to the purchase, sale or trade of coins and numismatic items;
5) Provide a notarized statement from a certified public accountant that he/she meets or exceeds the financial requirements of the PNG.

PNG Associate membership is available to employees of Regular members and to persons expressing an intention to apply for Regular membership within three years of acceptance as an Associate member.  To be considered for Associate membership, the applicant must:

1) Be at least 21 years of age and have two years experience as a professional numismatist;
2) Have a numismatic net worth at all times of at least $25,000;
3) Agree by signature to abide by the PNG Code of Ethics;
4) Agree to submit to legally binding arbitration to settle any dispute relating to the purchase, sale or trade of coins and numismatic items;
5) Provide a notarized statement from a certified public accountant that he/she meets or exceeds the financial requirements of the PNG.

PNG Affiliate membership is open to any individual who is not a professional numismatist but is affiliated with the numismatic community and supports the principles of PNG.

The organization has 264 Regular and Associate member-dealers in the U.S. and seven other countries.

For more information or membership applications, contact Tina Shireman at PNG headquarters at (951) 587-8300, or by e-mail at info@PNGdealers.com.

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