COLORADO SPRINGS – The American Numismatic Association has signed a definitive agreement for Bowers and Merena Auctions to act as the official auctioneer for the two 2009 ANA shows, the Los Angeles World’s Fair of Money® and the Portland National Money Show™, Executive Director Larry Shepherd announced today. Details of the agreement include sales incentives as well as a guarantee to sign up 2,000 new ANA members.

In consideration for the exclusive right to conduct the auctions and be designated as the official auctioneer, Bowers and Merena, which was selected by the ANA Board of Governors in March, has agreed to pay the ANA a base fee for both shows, plus two percent of the total sale price for all auction sales over $20 million (for Los Angeles) and $12 million (for Portland). In addition, Teletrade, an affiliate company of Bowers and Merena, will conduct a sanctioned Internet auction immediately preceding each convention.

Bowers and Merena has also guaranteed that it will sign up 2,000 new members to join the ANA from Sept. 1, 2008, through Dec. 31, 2009.

We are very pleased with this contract because it provides incentives for both parties to work together to ensure that the auctions are as successful as possible,” said Shepherd. “In addition, we are extraordinarily pleased with Bowers and Merena’s commitment to help the Association build its membership.”

“This is an exceptional opportunity for Bowers and Merena to further secure our leadership role in this industry, and most certainly is a win-win for both parties involved,” said Greg Roberts, Chief Executive Officer for Escala Group, Inc., parent company of Bowers and Merena Auctions. “We appreciate the confidence that the ANA has placed in Bowers and Merena to conduct successful auctions at their shows and to help build the quality membership of their organization.” (more…)

The American Numismatic Association will offer a variety of classes, workshops and seminars, catering to all ages and interests, before and during the Baltimore World’s Fair of Money®, July 30 to Aug. 3.

Educational programs begin with a variety of pre-convention seminars on July 28-29, and continue throughout the show.

Technical Series

The Technical Series courses teach hobbyists essential skills that will allow them to evaluate and authenticate coins with confidence. The following two-day courses will be presented from 9 a.m. to 5 p.m. July 28-29:

• Forensic Numismatics: Detecting Counterfeit and Altered U.S. Coins
• Fundamentals of Grading U.S. Coins
Cost for Technical Series seminars is $345 for ANA members; there is a $50 life member discount and a $50 early registration discount (before July 1). Cost is $445 for all others.

Collector Series

Collector Series courses give hobbyists a well-rounded introduction to a specific area of the hobby.

• Advanced Morgan Dollar Study, 9 a.m. to 5 p.m. July 28-29
• Numismatics of Colonial America, 9 a.m. to 5 p.m. Aug. 1
• Overview of Post-Civil War Tokens, 9 a.m. to 5 p.m. Aug. 1
“Advanced Morgan Dollar Study” costs $145 for ANA members. There is a $10 life member discount and a $20 early registration discount (before July 1). Cost for all others is $245.
“Numismatics of Colonial America” and “Overview of Post-Civil War Tokens” each cost $98 for ANA members; there is an additional $10 life member discount and a $10 early registration discount (before July 1). Cost for all others is $198. (more…)

The American Numismatic Association’s School of Numismatics will offer its Fundamentals of Grading United States Coins, from 9 a.m. to 5 p.m. Nov. 8-9 during Coinfest in Stamford, Conn.

Students will learn and understand how U.S. coins should be graded according to the latest ANA and market standards during this highly enriched two-day seminar. Participants will gain confidence in evaluating surface marks, strike, luster and eye appeal through interactive discussions, group activities and individual study of hundreds of coins from the ANA grading set.

“A well-rounded education is the foundation of any successful collector,” said ANA Executive Director Larry Shepherd. “Courses like Fundamentals of Grading United States Coins can teach hobbyists skills and information that will save them thousands on the bourse floor.”

Summer Seminar instructor Lane J. Brunner, Ph.D., will teach the course. Tuition is $345 for ANA members and $445 for all others. Become an ANA member at www.money.org. To register for Fundamentals of Grading United States Coins, call 719-482-9857 or visit www.money.org and select “School of Numismatics” from the “Numismatic Events” drop- down menu.

Hobby Friendly Legislation Supported by ANA and Whitman

Maryland Gov. Martin O’Malley today signed legislation that will exempt coin dealers from the requirement to obtain a Maryland trader’s license for the American Numismatic Association’s World’s Fair of Money® in Baltimore, July 30-Aug. 3.

Whitman Publishing, LLC, along with the ANA and the Industry Council for Tangible Assets, worked together to successfully lobby to change Maryland’s trader’s license law. The resulting legislation removes burdens that numismatic dealers would have otherwise faced this year if they had participated in more than three coin shows in Maryland within a 365-day period. With four major coin shows planned in Baltimore this year (three by Whitman Baltimore Coin and Collectibles Conventions plus the ANA World’s Fair of Money), dealers would have had to apply for a state trader’s license that would have created ongoing regulatory and taxation burdens. With the new legislation, that requirement now excludes the 2008 Baltimore World’s Fair of Money as it is promoted by the ANA, a non-profit national organization.

“This is a landmark effort on behalf of the hobby and will greatly benefit dealers and collectors at this year’s World’s Fair of Money as well as at Whitman shows,” said ANA President Barry Stuppler. “I thank Whitman Publishing, ICTA and ANA Government Affairs Committee Co-Chairs Mark Olanoff and Diane Piret, who worked tirelessly to ensure that this legislation passed. I think this speaks volumes about what the numismatic community can accomplish when we work together.”

Without the legislation, dealers would have been faced with a dilemma: skip one or more of the Whitman Baltimore shows or not take a table at the World’s Fair of Money. Had they set up shop at all four shows, they would have faced complex tax and regulatory burdens. Ultimately, fewer dealers would have elected to set up at all four shows, giving collectors fewer choices and, possibly, causing the ANA to lose significant revenue from its largest annual show. (more…)