The International Association of Silver Art Collectors (IASAC) was conceived over talks at the kitchen table of Steve and Agnes Rood in January 1985. One of these particpants was Ed Lantz who became the first President of the club. IASAC was founded to foster friendship and promote awareness and trade among the community of silver art collectors, dealers and producers. The club was originally called the International Association of Silver Bar Collectors (IASBC), however the name was changed at the first meeting of the organization in August 1985, to include round collectors as well.