Paper Money, the official publication of SPMC, has added two more awards to a long history of excellence. Under the leadership of editor and publisher Fred Reed, Paper Money won the American Numismatic Association's 2010 award for Outstanding Club Publication for Specialty Clubs. The Numismatic Literary Guild honored Paper Money with its 2010 award for "Best Issue among Large Circulation Publications." This a category includes the ANA's Numismatist and the American Numismatic Society's ANS Magazine. Fred Reed has earned many awards in his distinguished career.