October 20, 2016 – Kevin Foley, long time Bourse Chairman for the New York International Numismatic Convention has announced date and site commitments for the event through 2022. Foley said, “As probably everyone knows who has a smartphone, reads the newspapers or watches television news broadcasts, our home since 2012, the Waldorf Astoria Hotel, has been purchased by the Anbang Insurance Company, a risk management firm located in China. The acquisition price was 1.9 billion dollars, a world record for a single hotel operation. The new ownership group announced a few months ago that in the Spring of 2017 the Waldorf would be shutting down for a three year renovation project that would see it reemerge as luxury condominiums and a downsized 300-500 room ultra-luxury hotel. Although this will not effect our 45th Annual NYINC, with bourse dates of January 12-15, 2017, we obviously will need to hold our event somewhere else in 2018 and beyond.”
New location: the Grand Hyatt
Foley continued, “After an intensive site search and detailed evaluation of multiple hotel properties in Manhattan, I’m both pleased and excited to announce that beginning in 2018, our new home will be a flagship property of the Hyatt Hotel chain, the Grand Hyatt, located at 109 East 42nd Street, between Lexington and Park Avenues. The Hyatt is just seven blocks South of our Waldorf site and enjoys a direct indoor connection with Grand Central Station, a subway and regional commuter train hub, with no less than six different subway line stops, as well as being the terminus for the Metro North commuter train system. What we are especially pleased about, however, quite beyond this ease of access and the undeniable luxury of the Hyatt, is the fact that we will no longer need to operate on the same dates as the FUN show bourse”.
FUN and NYINC
Foley also said, “I know that some people tried to portray our frustratingly perennial date overlaps with FUN as some sort of test of wills between the two events, but the past date conflicts simply arose from the realities of date and site availability issues that the management of both events were confronted with. So, for the next six years, including our upcoming 2017 convention, members of the numismatic community will be able to take part in both FUN and NYINC.
Our future bourse dates at the Grand Hyatt are:
2018 January 11-14
2019 January 31-February 3
2020 January 16-19
2021 January 14-17
2021 January 13-16
Auction lot viewing will continue to begin the Friday prior to our Thursday Early Bird Day. We’ll also continue our Sunday through Sunday pattern of eight days and evenings of world class auctions presented by multiple companies.
We are actually under contract with the Hyatt through 2022 and will look forward to a pattern of always being committed five years into the future as we move ahead.”
A positive development
Rick Ponterio, President of the NYINC, joined with Foley in making the announcement and said. “In even more good news, the ballroom facilities at the Hyatt will enable our bourse dealers to all be in the same room. I know that our four separate bourse room setup at the Waldorf was somewhat unconventional, but people did get used to it and it worked, although I’m really glad that our entire bourse will be in one ballroom at the Hyatt. We’ll also have more than ample space for our multiple auction lot viewing areas and eight days and nights of auctions. I just feel really ramped up about what a positive development for everyone, booth holders, early birds and collecting public our move to the Hyatt will prove to be”.
Rooms and rates
Dealers interested in being placed on the waiting list for space at the 2017 45th Annual NYINC should contact Foley by phone at (414) 807-0116. Collectors and dealers can make their room reservations at the 2017 NYINC by calling the Waldorf at (212) 355-3000 and mentioning rate code “NYN” for room rates beginning at $269, including complimentary in room wi-fi, normally $18.95 plus tax. Suite rates are also available. The $269 rate is available only for reservations made no later than October 31. After that rates will begin at $329. If any difficulties are experienced in obtaining the group rate, call Bourse Chairman Kevin Foley for direct assistance.
Here you can find more information on the 2017 45th Annual NYINC.
The detailed schedule of events can be viewed here.