PNG YN Scholarship winner, Adam Kraayenbrink, 18, of Sioux Center, Iowa.

( Fallbrook, CA) – Recent high school graduate, Adam Kraayenbrink, 18, of Sioux Center, Iowa, has been named recipient of the second annual Professional Numismatist Guild’s Young Numismatist Scholarship. PNG will pay his tuition for a week-long session at this year’s American Numismatic Association Summer Seminar in Colorado Springs, Colorado.

Adam was nominated by his father, Larry Kraayenbrink, and learned he won the scholarship when his father played for him a telephone answering machine message from PNG headquarters in California.

“I was real excited, it was awesome. I was going to try to earn some money to attend the Summer Seminar next year, but now I’ll be able to go this year,” said Adam who began collecting coins five years ago.

He hopes that during his visit to ANA he can learn more about coin grading and counterfeit detection.

“I started collecting when my Father gave me a $25 gold Eagle graded MS-69 by NGC (Numismatic Guaranty Corporation). I began buying other gold pieces, both modern bullion coins and later some Saint-Gaudens Double Eagles.”

He told PNG officials there is one major coin show each year in Sioux Falls, Iowa, and he is working to help set up a second show there.

“The PNG is delighted to encourage and assist young collectors, and attending the ANA Summer Seminar is an invaluable experience for any collector,” said Robert Brueggeman, PNG Executive Director.

The money to pay for the annual YN Scholarship is administered from the PNG’s Gerald Bauman Memorial Fund. Bauman, who died in 2001, served for many years as a prominent coin dealer with Manfra, Tordella & Brookes.

Founded in 1955, 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.

For additional information, contact Robert Brueggeman, Professional Numismatists Guild, 3950 Concordia Lane, Fallbrook, CA 92028. Phone: (760) 728-1300. Email: info@PNGdealers.com