SCWPM publisher F+W Media files for bankruptcy

According to a Coin World article dated 15 March 2019, “The firm F + W media, a major periodical and book publisher whose titles include Numismatic News, Bank Note Reporter, and the seminal references Standard Catalog of World Coins and Standard Catalog of World Paper Money, has filed for Chapter 11 bankruptcy protection to reconcile $105.2 million in outstanding debt. In its March 10 filing in U.S. Bankruptcy Court for the District of Delaware in Wilmington, F + W Media cites just $2.5 million in cash on hand. The company plans to remain in operation while it plans liquidation of its holdings.”

According to Amazon, the 25th edition of the SCWPM will be released on 2 April 2019, but F + W is hoping to sell its magazine and book divisions in their entirety, not individual titles, so the future of the SCWPM is uncertain at this point.

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