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Bauman, who died in 2001, served for many years as a prominent coin dealer with Manfra, Tordella & Brookes in New York City. The value of the metal contained in the currency kept prices relatively constant before the founding of the Federal Reserve.The PNG is a nonprofit organization composed of many of the top rare coin and paper money dealers in the United States and seven other countries. During those 120 years, prices rose only 3 percent.Taking advantage of a specially designed minting process – the production of a flat cross-shaped coin is completed and the next procedure of “shaping” the actual piece after minting and oxidizing takes place.The coin is bent with precision into the final example seen, the forming of an open-sided cube.
Entrants submit a short essay outlining why they should be chosen as the scholarship recipient.
The coin is issued in commemoration of the imminent canonization of the late Pope John Paul II, occurring on the 27 (Temecula, California) — A college student from Georgia who says “learning from numismatics has been a truly wonderful experience” is the recipient of the Professional Numismatists Guild ( 2014 Young Numismatist Scholarship.
Tara Crosby, age 20, of Alpharetta, Georgia, now will attend one of the two week-long American Numismatic Association 2014 Summer Seminar sessions courtesy of PNG.
“We were both very proud and very excited for her to have such a wonderful opportunity.
Tara has always been very passionate in her interests and we have no doubt she will be successful in wherever she applies herself,” said her father who introduced the couple’s children to coins.