ANA Opens Up Auction Format to New Auction Houses

The ANA leaves the trodden path and opens up for new auction formats to encourage smaller auction houses, too, to participate. Background Image: Larisa Koshkina at Pixabay
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The American Numismatic Association (ANA) is inviting numismatic auction firms to submit bids for the opportunity to conduct one or more official auctions as part of the Association’s National Money Show®, World’s Fair of Money® and online auctions that could occur throughout the year.

According to Kim Kiick, ANA executive director, the Association is exploring options to change its auction format to encourage additional auctioneers to participate. All proposals will be considered, including bids for single, small auctions and multi-year live and virtual auctions. For example, an auctioneer could submit a bid to conduct a paper money sale at the 2022 National Money Show or, alternatively, for paper money and U.S. coins for both the 2022 and 2023 National Money Show.

Other possibilities include multiple live auctions dedicated to a single firm each night of an ANA show, virtual auctions that might occur within 30 days of an ANA show, or online auctions to occur anytime throughout the year. In addition to offering opportunities for firms to host “An Official ANA Auction,” the ANA also will consider multi-year bids to act as the exclusive “Official Auctioneer of the ANA.”

Upcoming 2022 ANA conventions include the National Money Show, March 10-12 in Colorado Springs, Colorado, and the World’s Fair of Money in Rosemont (Chicago), Illinois, August 16-20. The 2023 National Money Show is scheduled for March 2-4 in Phoenix, Arizona, while the 2023 World’s Fair of Money will be hosted in Pittsburgh, Pennsylvania, August 8-12.

Auction organizations interested in submitting a bid must do so by 5 pm MDT on Wednesday, September 29, 2021 to the ANA’s audit firm. (Faxed bids will not be accepted.) Requests for bids, rules and general presentation documents, promotional considerations, and a sample auction agreement should be sent via e-mail. Bids will be considered by the ANA’s Board of Governors during an October 2021 executive session meeting.

For more information on the association visit the ANA website.

Recently the ANA honored distinguished numismatists with awards.

During the pandemic, however, the ANA has been severly affected.