New ownership, leadership for Coin Dealer Newsletter family of publications

Numismatic notables comprise investment group for pricing periodicals
By , Coin World
Published : 09/11/15
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The publisher and managing partner of the new ownership group for the Coin Dealer Newsletter family of numismatic pricing publications says changes are in store that will improve and enhance the products provided to subscribers.

John Feigenbaum, formerly president of David Lawrence Rare Coins in Virginia Beach, Va., said that he is looking forward to “reestablishing a great brand” with pricing that is “unbiased and objective.” 

Feigenbaum had confirmed to Coin World on July 30 that he was the managing partner for the investment group that purchased CDN Publishing LLC from the Downing family a little over a month after the untimely death from cancer of CDN Publisher Shane Downing at age 47.

“The passing of Shane Downing left a void in the management, and the owners decided to seek a new publisher,” Feigenbaum said.

Additional investors

On Sept. 4, Feigenbaum identified four additional members of the investment group comprising the new ownership — Jim Halperin, Steve Ivy, Mark Salzberg, and Steve Eichenbaum.

Two of the members of the group are from Heritage Auctions. Halperin is co-chairman of the Dallas firm and Ivy is co-chairman and chief executive officer.

The other two members are officers of Certified Collectibles Group, the parent to Numismatic Guaranty Corp. in Sarasota, Fla. Salzberg is chairman and Eichenbaum is chief executive officer.

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Feigenbaum, who is also a managing partner of CoinPlex, a dealers-only trading exchange for certified U.S. coins, says he has stepped down from the day-to-day operations at DLRC.

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