Heritage Auctions will serve as the official auctioneer for the next four American Numismatic Association fall National Money Shows, beginning October 13-15, 2011 in Pittsburgh, ANA Executive Director Larry Shepherd has announced.
"We are thrilled that Heritage has agreed to be our official fall National Money Show auctioneer through 2014," said Shepherd. "Our new fall National Money Show is quickly becoming a premier event, and we expect Heritage will help ensure that it is truly memorable." [...]
Bowers and Merena Auctions has been selected by the American Numismatic Association as the official auctioneer for the ANA Pre-Show, which will immediately precede the World's Fair of Money conventions.
This three-year agreement includes the ANA Pre-Shows to be held in Chicago in 2011, Philadelphia in 2012 and Chicago in 2013 [...]
The American Numismatic Association urges its members to contact their members of Congress and ask to repeal a law that could significantly increase the paperwork burden on dealers and increase the risk of identity theft for all collectors who buy and sell numismatic material.
Under Section 9006 of the Patient Protection and Affordable Care Act, commonly known as health care reform legislation, businesses will be required to report all goods and services purchased in excess of $600 with an IRS 1099 form.
As written, the law would, beginning in 2012, require all coin dealers to report on IRS form 1099 all goods and services (totaled across a taxable year) they purchase from other dealers and customers in excess of $600.