CNG reviews consignment policy

On Jan. 3, 2012, the New York County district attorney’s office seized two coins from a joint Classical Numismatic Group, Inc. and Nomos AG auction that was to be conducted the next day.

NMN

Published Jan 20, 2012 8:36 PM PST

On Jan. 3, 2012, the New York County district attorney’s office seized two coins from a joint Classical Numismatic Group, Inc. and Nomos AG auction that was to be conducted the next day. Dr. Peter Weiss, the chairman of Nomos AG, was detained at the time for questioning.

CNG is fully cooperating with the New York County district attorney’s office and is not a target in this investigation. CNG and its attorneys are conducting an internal review of CNG’s consignment policies and procedures in light of this event.