Michael S. Gasvoda Purchases Classical Numismatic Group

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Author	Replies: 6 / Views: 1,818
jskirwin Pillar of the Community United States 616 Posts	Posted 08/18/2018 11:53 am Anyone know this guy? Any potential impact to the hobby? From today's News from CNG email: Michael S. Gasvoda Purchases Classical Numismatic Group LANCASTER, PA-Classical Numismatic Group, Inc. of Lancaster, Pennsylvania and London, England, is pleased to announce that longtime ancient coin collector and hobby leader Michael "Mike" S. Gasvoda has purchased the assets of the company from the current partnership of Victor England and Eric J. McFadden. England and McFadden will continue as Senior Directors for the new company, with Gasvoda taking on a supervisory role as Managing Director of the firm, which will be renamed Classical Numismatic Group, LLC. The official transition will take place on November 1st, 2018, but other than the change of ownership, all other facets of the operation will continue as usual. The firm's entire staff will continue at the company's offices in Lancaster and London. Formed in 1990, CNG is a leading dealer in ancient, medieval, world, and British coinages. The company's coin shop, book offerings, and current auctions are all available on their website at http://www.cNGCoins.com. Report this Post to the Staff

tdziemia Pillar of the Community United States 7968 Posts	Posted 08/18/2018 4:59 pm I also saw this in my inbox. I can't comment. WHat's in the press release sure sounds positive (but he probably wrote it). Report this Post to the Staff
FVRIVS RVFVS Pillar of the Community United States 3446 Posts	Posted 08/18/2018 5:34 pm I would doubt that someone would buy a well established "house" like CNG and want to change anything very much The fact that the management remains the same would seem to reflect that attitude After 30 years building a successful enterprise the owners probably felt it best to enjoy more of the fruits of their labors You can't take it with you ! Although the idea of carrying a few sestertii has crossed my mind now and then Report this Post to the Staff
Kamnaskires Pillar of the Community United States 7066 Posts	Posted 08/18/2018 10:02 pm I agree, FR, if it ain't broke, don't fix it. We commence with the latest chapter in a long history (for anyone who is interested): https://www.coinsweekly.com/en/40-Y...p/4?&id=3647 Report this Post to the Staff
jskirwin Pillar of the Community United States 616 Posts	Posted 08/18/2018 10:22 pm They are an outstanding company and an asset to the hobby. I hope they stay that way. Report this Post to the Staff
tdziemia Pillar of the Community United States 7968 Posts	Posted 08/19/2018 08:55 am Thanks for the link BobL. I have always wondered how an auction house wound up with offices in London and bucolic Lancaster County, PA. Edited by tdziemia 08/19/2018 08:56 am Report this Post to the Staff
Kamnaskires Pillar of the Community United States 7066 Posts	Posted 08/19/2018 09:24 am Yep, the synopsis at Coinsweekly is a good one. Published in 2015 but I only discovered it earlier this year. Had it bookmarked since. Report this Post to the Staff
	Replies: 6 / Views: 1,818

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