ANA Receives $447,095 Donation
Settlement from Francisco v. NGC Will Support Education
The American Numismatic Association has received a $447,095 donation to support educational programs and produce a much-needed consumer awareness booklet with helpful information on coin collecting.
The donation is from the settlement of a class action lawsuit, Francisco v. Numismatic Guaranty Corporation, concerning First Strikes designation. While admitting no wrongdoing or liability, NGC settled the case and discontinued the use of First Strikes, believing that controversy from the lawsuit would not be in the best interests of the hobby.
