the full knowledge that if any item did prove to be counterfeit or not as described the piece could be returned and the purchase price would be refunded, without regard to date of purchase. Membership of the association is not lightly acquired. Applicants have to be sponsored by three members, and the vetting of applications involves a rigorous and sometimes protracted procedure. In order to be admitted the applicants must have been established in business as numismatists for at least four years and must be known to a number of members. The committee need to be satisfied that they have carried on their business in an honourable manners and that they have a good general knowledge of numismatics as well as expertise in whatever field is their speciality. The Medal of Honour of the association was established in 1963 in memory of its first president, Leonard S. Forrer, and is awarded by the President to persons of distinction whom the association wishes to honour or for distinguished services to the association. External links