Classical Numismatic Group, which has operations in Lancaster, Pennsylvania, in the US and London, is a dealership and auction business. It was founded in 1975 and specialises in ancient, medieval and British numismatics. It opened in London in 1991 when it took over venerable firm BA Seaby. It traded under the name Seaby Coins.
England, who manages the Lancaster office, and McFadden, who manages the London office, will continue as senior directors and the changes will take place from November.
Gasvoda said: “I am stepping in to run the day-to-day operations while we hire and train new staff members. This allows Victor and Eric to do what they do best, and enjoy most - buy and sell coins. “We have removed the uncertainty of the future of CNG while growing our strength in the market. We are not only adding staff, but also keeping Victor and Eric involved. This is a wonderful outcome for both the employees and CNG's customer base. The future looks very bright.”
Gasvoda, who lives in Indiana, has been active with both the American Numismatic Society and the American Numismatic Association, as well as the Chicago Coin Club and Tucson Coin Club.
He has lectured and exhibited parts of his collection over the years and his collecting fields have included Roman imperial coins, Greek coinage of Magna Graecia and Sicily, Renaissance medals, and US large cents.