News & Articles for: Crime and Fraud

Counterfeits and coin doctoring: Two threats to long-term rare coin market

Counterfeits and coin doctoring: Two threats to long-term rare coin market

By Steve Roach First published in the Feb. 13, 2012, issue of Coin World The problems of counterfeit coins and “coin doctoring” are two issues that have the potential to harm the coin market in the long term if not properly addressed. For... read more »

 

NCA RECOVERS MORE THAN $1 MILLION FOR BUYERS OF OVERPRICED COINS

NCA RECOVERS MORE THAN $1 MILLION FOR BUYERS OF OVERPRICED COINS

The Numismatic Consumer Alliance, Inc. (NCA) helped recover more than $1.1 million in the last eight months of 2011 for victims of unscrupulous coin sales, according to John Albanese, founder and president of the not-for-profit watchdog organization. NCA... read more »

 

Ex Collection Manager at ANA Money Museum Pleads Guilty to $1 Million Coin Theft

Ex Collection Manager at ANA Money Museum Pleads Guilty to $1 Million Coin Theft

Former ANA collections manager Wyatt Yeager entered a guilty plea yesterday in Federal District Court in Wilmington, DE, to the theft of approximately 300 historically significant coins and other numismatic objects, valued at $984,740, from... read more »

 

PNG Sends Tipster First Reward In Theft Case, Total Could Be $175,250 If All Pledges Fulfilled

PNG Sends Tipster First Reward In Theft Case, Total Could Be $175,250 If All Pledges Fulfilled

(Temecula, California) — The Professional Numismatists Guild has issued the first $2,500 in pledged rewards totaling $175,250 to New Jersey coin dealer Ken Starrett whose tip to investigators led to the recovery of rare coins and bank... read more »

 

Dealers Work Together to Apprehend Coin Thief

Dealers Work Together to Apprehend Coin Thief

Sergeant Tony Guzman, Houston Police Department Interviewer: David Lisot Gold and silver prices at record highs have increased the need for vigilance by coin dealers at a coin show to protect their inventories. At the Money Show of the Southwest... read more »

 

Goldline Executives Accused of Theft and Fraud in a 19-Count Criminal Complaint

Goldline Executives Accused of Theft and Fraud in a 19-Count Criminal Complaint

Goldline International Inc., one of the nation’s largest retail precious metals dealers headquartered in Santa Monica, CA,  has been charged with theft and fraud in a 19-count criminal complaint filed by the Santa Monica City Attorney’s... read more »

 

Finest Known Gold 1870-CC $20 Lib Stolen from Brinks Shipment

Finest Known Gold 1870-CC $20 Lib Stolen from Brinks Shipment

DALLAS, TX – A Brinks shipment from Professional Coin Grading Service to Heritage Auctions on Oct. 17 was apparently broken into, and the finest known 1870-CC $20 stolen. The coin is graded AU58 by Numismatic Guaranty Corporation and carries... read more »

 

PCGS Rewards Counterfeit-Fighting Collector

PCGS Rewards Counterfeit-Fighting Collector

Officials of the Professional Coin Grading Service (www.PCGS.com) are applauding the efforts of collector Mike Marshall of Trenton, Ontario in combating the sales of counterfeit coins in Canada. At the recent PCGS Set Registry(SM) luncheon,... read more »

 

Brooklyn NY Coin Dealer Steve Halfon Murdered in Robbery

Brooklyn NY Coin Dealer Steve Halfon Murdered in Robbery

In a New York Daily News article just posted, it was reported that NY Coin Dealer Steve Halfon,61, was robbed and murdered yesterday. According to the story, at 5:30 pm yesterday Halfon had just closed his shop , Liberty Coin Co on Kings Highway... read more »

 

Protecting Valuables: Commercial Safe or Bank Safe Deposit Box?

Protecting Valuables: Commercial Safe or Bank Safe Deposit Box?

Richard Schwary – California Numismatic Investments Salt Lake City police investigate coin theft from residence / Burglars steal heavy gun safe containing $500,000-plus in coins: This headline along with the sad story was written by Paul... read more »