Security a major concern among coin dealers, CAND president says

By Mike Walsh

Security remains a major concern and priority for Canada’s numismatic dealers.

“I have scrolled through all the emails involving CAND (Canadian Association of Numismatic Dealers) and re-read my president’s report from last year. The resounding theme over the last 12 months is security, security, and security,” association president Michael Findlay said at the annual general meeting.

“We are constant targets,” Findlay added during the meeting held on Jan. 27 as part of CAND’s annual convention, which included a two-day coin show at the downtown Sheraton in Hamilton. “We are targets at shows, on our way home, in our stores and/or offices. Mitigating risk is our task and dilemma.”

Findlay, who began following his father’s passion as a coin dealer decades ago, has seen many ups and downs in the industry.  However, with advances in technology and aggressive efforts by organized crime – from within and outside of Canada – dealers are facing a bigger target on their backs than ever before.

Findlay, the owner of Certified Coins of Canada and editor of the Trends section in Canadian Coin News, acknowledged that “some coin show operators have improved security and are aware of their need to mitigate risk.” He singled out the owners of two major coin shows in Ontario for their continual efforts to improve the security initiatives at their shows.

He also thanked the Royal Canadian Numismatic Association (RCNA) for addressing security concerns raised by CAND. “I also want to give a shout-out to the RCNA for their efforts at the show in Halifax.”

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