16 Oct 2007

ANA, Contursi Amicably End Museums Project Pledge

News | ANA Official Post | jfletcher

(Colorado Springs, Colorado) – The American Numismatic Association (ANA) and Steven L.Contursi, President of Rare Coin Wholesalers of Dana Point, California, have reached acordial agreement to withdraw from the earlier announced $1 million funding for three ANAmuseum projects. The termination of Contursi’s financial pledge follows decisions by theANA Board to cancel or delay the projects for which the funding was earmarked.“Based on the ANA’s inability to commit $40 million right now for these museums, we havereached an amicable, mutual agreement to cancel any arrangements made by the ANAand Steve Contursi in conjunction with these projects. We sincerely appreciate Steve’scommitments to the ANA,” said Barry Stuppler, ANA President.“I believe in the ANA and its education mission. Perhaps there will be another major ANAproject in the future that deserves the strong support of contributors, including me,” saidContursi.“The ANA is the bloodline of the hobby and the numismatic marketplace. Education is king,and the more people who are aware of numismatics through the ANA or the United StatesMint or other sources, then the more people we can bring into the hobby. When there’smore education, the marketplace as a whole does better. That is why I’ve strongly supportthe ANA over the years and wanted to support the museums projects,” Contursi explained.Earlier this year, the ANA announced plans for expansion of the Edward C. Rochette MoneyMuseum at ANA headquarters in Colorado Springs, Colorado as well as development of theother museums, one in Washington, DC and the earlier announced American Gold Rushand Money Museum proposed as part of the old mint building in San Francisco, California.Responding to a solicitation from the ANA earlier this year to be the initial “major patron” fora $40 million fund-raising project for the museums, Contursi pledged $1 million over an eight yearperiod.In an August 1 news release, the ANA announced Contursi made “the largest financialpledge in the Association’s 116-history.” The news release described the arrangement as a“strategic partnership” with special recognitions in return for the long-term financial support.That included naming a museum gallery in honor of Contursi and his business partner, ToddGriffiths. Now that the museums projects are canceled or delayed, those arrangementshave ended by mutual agreement.In March the ANA Board voted to give Contursi the Exemplary Service Award for hisprevious assistance to the Association, including funding coin exhibits and underwriting atwo-years-for-the-price-one membership drive that successfully resulted in recruiting morethan 1,000 new ANA members.

26 May 2006

Contursi Offers New ANA Members One Year Free

News | ANA Official Post | jfletcher

(Dana Point, California) – New members of the American Numismatic Association can save $36 on their initial dues in an ANA program geared to increase ANA membership, and funded by Rare Coin Wholesalers of Dana Point, California. The company will pay the second year of dues when new members apply for a one-year membership.


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