PNG President Weaver’s Statement About ANA Dealer Day

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Professional Numismatists Guild (PNG) logoAs you may be aware, the current leadership at the American Numismatic Association declined to renew our contract for PNG Day this year for the first time in over 40 years.

This was incredibly surprising, given that the Professional Numismatists Guild (www.PNGdealers.org) and its members have always supported the ANA and its endeavors, including giving up the PNG Day format to support ANA’s request for a PNG/ANA Trade Show to prevent competition to the World’s Fair of Money®.

The recent move by the ANA to host a "Dealer Day"was made without any prior discussion or consultation with PNG. Not only were we not given the opportunity to negotiate, we were not even afforded the common courtesy of an explanation.

We feel strongly that this is a slap in the face to PNG and its members.

We need to remind the ANA that dealers and collectors — including PNG dealers and their customers — are a large part of what makes ANA events successful. Remember, the public could attend the PNG Day events on the eve of the ANA summer conventions, but the public will not be permitted to attend the August 9 ANA Dealer Day.

Fortunately, we have the perfect venue for our members to preview and trade the best inventory prior to the ANA Dealer Day: the PNG50, to be held at the Hyatt Regency DFW Hotel in Dallas, Texas, July 28 – 29.

Bourse tables have been reduced to a special introductory rate of $199.00 per dealer. Lunch will be served on the trading floor, and non-table holders can enter the show with a $50 donation to ACEF. NGC will have representatives on-site to accept submissions, and Heritage Auctions will have complimentary shuttles to and from their new, nearby DFW offices to facilitate lot viewing.

PNG has negotiated a special discounted room rate of $129 per night for single or double occupancy. The hotel also provides complimentary 24-hour airport shuttle service. Reservations can be made at hyatt.com/en-us/group-booking/dfwap/g-png1, or by phone at 877-803-7534 (ask for the PNG50 Group rate).

New applicants to the PNG will receive a bourse table free of charge, as long as their membership application is received prior to the show dates. For additional information, or to download the bourse application, visit the PNG website, www.PNGdealers.org.

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Kaiser Wilhelm

That does not sound at all like one big happy family. I wonder if the stressors of the pandemic claimed yet another “victim” or if this was something a long time coming.

Don
Seth Riesling

Sour grapes comments by PNG! Mr. Weaver’s name isn’t even in the body of this PNG press release, just in the title! Until the PNG stops allowing convicted felons to be members (the late Leon Hendrickson of SilverTowne in Winchester, Indiana & his son David Hendrickson)/(owners of ripoff t.v. cable coin show Coin Vault), nobody should do business with PNG or its members! The top female numismatist & scholar of U.S. Mint coins in the USA., Ms. Laura Sperber, founder of Legend Numismatics & Legend Rare Coin Auctions Company in Lincroft, NJ has stated such a strong opinion on this… Read more »

Kaiser Wilhelm

Much appreciation, Seth, for your very eye-opening and detailed explanation of the background conditions and/or situations that could just possibly be among the primary motivations of the ongoing conflict that is described in the above article. The scenario you have contributed to the mix might even make one inclined to think long and hard as to exactly how much and perhaps whether or not the PNG’s watchwords of “Knowledge. Integrity. Responsibility.” may, after all is said and done, actually apply.

Last edited 4 months ago by Kaiser Wilhelm
Kaiser Wilhelm

I just did more than a little bit of research into Hendrickson’s drug money laundering conviction. It seems all the money and effort he put into an appeal contesting his prison sentence duration was for naught as the Circuit Court ruled against him in the end.

Last edited 4 months ago by Kaiser Wilhelm
Kaiser Wilhelm

P.S. – True to the saying that the “Golden Rule” in fact means that “he who has the gold (literally applicable in this instance) makes the rules”, the local good old boy District Judge had seriously shortened Leon’s jail time. The federal prosecutor thereupon turned to a higher judicial authority to take His Honor Joe Billy McDade – yes, that is his name – to task and to over-rule him, and as a consequence Mr. Hendrickson’s sentence reverted to the official guidelines.

Last edited 4 months ago by Kaiser Wilhelm
Seth Riesling

Wasn’t “Joe Billy McDade” a character on the hoe-down, cornpone, hillbilly t.v. comedy show “Hee-Haw” in the 1970s??!! Lol.
“Just call BR-549” – “Junior Samples” used car lot on that funny, strange, entertaining classic t.v. show that taught people about a kinder, gentler, & talented, & maybe a little smarter than the average bear type of hillbilly in our wonderful patchwork quilt of the USA!

NumisdudeTX

Kaiser Wilhelm

Sorry, Seth, I’m not qualified to attest to that particular fact since I can count the times I watch Hee-Haw on one hand. I have however discovered that the aforementioned jurist Joe Billy McDade (photo below) was quite the basketball star at Bradley University in the late 1950’s before eventually becoming a District Judge. As to Hee-Haw, I totally agree, it was actually very ingenious to use the process of engaging smart, talented performers to portray somewhat dim-witted, gosh darn type characters as a technique to be able to make cleverly contrived fun of their own onstage personas, rather akin… Read more »

JoeBillyMcDade.jpg
Last edited 4 months ago by Kaiser Wilhelm
Seth Riesling

Yes…and he had the nerve to have a professional writer author a book about his “experiences,” crying all the way to the bank! Sad!

NumisdudeTX

Kaiser Wilhelm

Unfortunately, that’s the name of the game. The rich get richer, and they sometimes acquire a sense of special privilege to go along with that.

Last edited 4 months ago by Kaiser Wilhelm
Seth Riesling

So true Kaiser! In the early 1970s, Leon Hendrickson arranged for the bank he controlled to deliver 1 million $1 silver certificate banknotes to his fortified mansion in Winchester, Indiana. As a publicity stunt, he & family members spread them all out over their large living room & had then teenager David Hendrickson (now an “old” man, but a photogenic “twink” at the time) lay on the pile of cash & the pic with tagline went nationwide. It’s in the book. (I have never in my 45 years as a serious numismatist met a prominent numismatist that bragged about his/her… Read more »

Kaiser Wilhelm

No matter how many other things good old Leon had going for him in his self-important little world, class apparently was not one of them. In fact, that stunt of his which you described so very cinematically appears to have been tacky enough and sufficiently unbelievable to quite easily pass muster as a typical article from “the Onion”, which all the way back in those, its glory days, still had a print edition in its repertoire. British comedy is definitely hard to beat. “Fawlty Towers”, “Absolutely Fabulous”, “Black Adder”, and “Are You Being Served” among others, and all of them… Read more »

Last edited 4 months ago by Kaiser Wilhelm