News & Articles for: Consumer Alert

Counterfeit Detection: 1870-CC Quarter

Counterfeit Detection: 1870-CC Quarter

by Max Spiegel, Numismatic Researcher  – With Permission Courtesy of Numismatic Guaranty Corporation The 1870-CC is the key to the Seated Liberty quarter series. Read about the counterfeit that was submitted and how our experts recognized... read more »

 

Class-action suit accuses UBS of Charging Storage Fees On “Phantom” Silver.

Class-action suit accuses UBS of Charging Storage Fees On “Phantom” Silver.

In 1984, Michigan resident Laurin Ramsey purchased 10 pieces of 100 ounce pure silver bars from the Swiss bank UBS or its Paine Webber subsidiary. Ever since, he had paid $25 per month for storage fees. A few years ago, he tired of paying the... read more »

 

BBB Warns Austin-Based Coin Firms Ads May Be Peddling ‘Fool’s Gold’

BBB Warns Austin-Based Coin Firms Ads May Be Peddling ‘Fool’s Gold’

Consumers nationwide should be on the alert for advertisements from two Texas-based companies that are using newspapers to sell gold bullion coins “completely free of dealer mark-up,” Better Business Bureau (BBB) warns. The companies appear... read more »

 

Hobby Groups Praise FTC’s Gold Advisory Edits

Hobby Groups Praise FTC’s Gold Advisory Edits

Leaders of three coin and precious metals hobby and professional groups are praising the Federal Trade Commission for acting on their suggested changes to the FTC’s 2010 online consumer advisory entitled “Investing in Gold? What’s... read more »

 

Coin Marketing: Not affiliated with, licensed or endorsed by the US Mint

Coin Marketing: Not affiliated with, licensed or endorsed by the US Mint

By Richard Schwary - California Numismatic Investments How many times have you seen this disclaimer on those cheesy TV ads selling something which looks like a 1929 proof $5 Indian gold piece? And don’t laugh I get a call on something like... read more »

 

Gold Coin Scam Victims: Where To Turn For Help

What do you do when a gold seller fails to deliver or the merchandise you received was not as described when you ordered it? Who can you contact for help when you don’t receive payment for gold you’ve submitted to sell? In two... read more »