John Albanese

John Albanese (born March 6, 1959) is an American businessman, numismatist, and the founder and CEO of Certified Acceptance Corporation (CAC).
==Early life and education==
John Albanese was born on March 6, 1959, in Akron, Ohiohttps://nnp.wustl.edu/Library/PersonDetail/124. Albanese attended Rutgers University for one year before embarking on his career in numismaticshttps://nnp.wustl.edu/Library/PersonDetail/124. 
==Career==
In 1979, Albanese established his own coin company, Coronet Rare Coin Galleries, Inc.https://www.thenewjersey.news/opencomp/coronet-rare-coin-galleries-inc-428630349/ In 1986, Albanese became one of the founders of Professional Coin Grading Service (PCGS), a third-party coin grading and certification service.https://nnp.wustl.edu/Library/PersonDetail/124
The following year, in 1987, Albanese co-founded the Numismatic Guaranty Company (NGC) alongside Mark Salzberg.https://tangibleinvestmentsinc.com/our-story/https://www.pcgs.com/news/two-key-numismatists-from-past-and-present-added-coin-dealer-hof Albanese served as the president of NGC and worked as a full-time grader.https://www.nytimes.com/1989/01/01/archives/numismatics-on-the-abuses-of-grading-services.html
In 1991, while remaining Chairman of the Board of NGC, Albanese returned to the rare coin market and founded John Albanese Numismatics (JAN), a coin dealer specializing in high-quality U.S. coinshttps://www.pcgs.com/dealers/details/1546/44. 
In 2005, Albanese founded the Numismatic Consumer Alliance, Inc., a nonprofit organization based in New Jerseyhttps://www.stopcoinfraud.com/about/https://www.numismaticnews.net/archive/nca-recovers-overpriced-coins that aims to protect consumers from fraudulent practices within the numismatic industryhttps://coinweek.com/numismatic-consumer-alliance-helps-coin-scam-victims-recover-8-million/https://www.stopcoinfraud.com/about/. 
In 2007, Albanese founded Certified Acceptance Corporation (CAC)https://en.wikipedia.org/wiki/Certified_Acceptance_Corporationhttps://caccoin.com/. 
In August 2011, Albanese led a committee for the Professional Numismatic Guild (PNG) to define coin doctoringhttps://coinweek.com/albanese-to-head-png-coin-doctoring-definition-committee/https://www.pcgs.com/pcgscoinfacts/coindealerhof.
In April 2012, Albanese collaborated with eBay to develop standards for third-party grading services in coin listings.https://www.coinworld.com/news/us-coins/ebay-announces-modifications-to-coin-listing-.html Later that year, Albanese received the Abe Kosoff's Founders Award from the Professional Numismatic Guild (PNG).https://www.coinnews.net/2012/08/07/png-2012-award-winners-announced/ The following year, he was honored with the Sol Kaplan Award by the PNG.https://pngdealers.org/eloise-ullman-receives-png-lifetime-achievement-award/ In August 2014, Albanese received the Clemy Award from the Numismatic Literary Guild (NLG)https://www.nlgonline.org/awards/the-clemy-award/.
In 2016, Albanese was inducted into the PCGS CoinFacts Coin Dealer Hall of Famehttps://www.pcgs.com/pcgscoinfacts/coindealerhof, and in 2022 he was awarded the National Silver Dollar Roundtable Lifetime Achievement Award.https://www.nsdr.net/2020/01/27/john-albanese-awarded-nsdr-lifetime-achievement-award-2020/ Albanese was also included in Coin World's list of The Most Influential People in Numismatics 1960-2020.https://donum.numismatics.org/cgi-bin/koha/opac-detail.pl?biblionumber=207835
==Numismatics==
During his career, Albanese has been involved in several significant numismatic transactions and contributions. In 2004, Albanese was hired as a coin marketing consultant for Odyssey Marine Exploration Inc.https://www.bizjournals.com/tampabay/stories/2004/02/09/daily8.html, estimating the retail value of over 51,000 coins recovered from the S.S. Republic shipwreck at more than $75 millionhttps://www.tampabay.com/archive/2004/06/21/odyssey-s-goal-raise-coins-and-stock-price/.
In June 2005, Albanese brokered the sale of the Eliasberg/Lee specimen, the finest known 1913 Liberty Head nickel, for $4,150,000, marking the highest price ever paid for one of these coins.https://www.coincollector.org/1913-liberty-nickel-sold-for-record-price/
 
In January 2022, he negotiated the sale of an exceedingly rare 1794 Flowing Hair dollar, believed to be the first silver dollar struck by the United States, for a record-breaking $12 million on behalf of collector Bruce Morelan.https://www.numismaticnews.net/us-coins/americas-first-silver-dollar-brings-millions
Albanese also made contributions as a special guest author to The Comprehensive U.S. Silver Dollar Encyclopedia Vol. 2 in 2017.https://www.amazon.com/Comprehensive-U-S-Silver-Dollar-Encyclopedia/dp/0998281417
Category:1959 births
Category:American people
Category:Rutgers University alumni
Category:Businesspeople
Category:Numismatists
Category:Founders