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Archive for: coin fraud

Numismatic Crime Alerts: Major Theft in Baltimore, Coin Shop Burglary in San Antonio

Numismatic Crime Alerts:  Major Theft in Baltimore, Coin Shop Burglary in San Antonio

Crimes related to numismatics know no boundaries and affects the numismatic industry around the world. Millions of dollars in numismatic items have been stolen from collectors and dealers who have fallen prey to a numismatic crime. The Numismatic... read more »

 

Numismatic Crime Information Center Update. VIDEO: 2:04

Numismatic Crime Information Center Update. VIDEO: 2:04

Doug Davis, Founder, NCIC Interviewer: David Lisot…… There is a nonprofit organization devoted to sharing information about crime and security in the numismatic industry. Doug Davis is founder of the Numismatic Crime Information... read more »

 

Numismatic Consumer Alliance Recoveries Top $7 Million For Purchasers of Overpriced Coins

Numismatic Consumer Alliance Recoveries Top $7 Million For Purchasers of Overpriced Coins

The Numismatic Consumer Alliance, Inc. (NCA) helped recover nearly $1.3 million during 2012 for buyers who fell prey to unscrupulous coin sales, according to John Albanese, founder and president of the not-for-profit watchdog organization. That... read more »

 

ANA Money Museum Gets Stolen Australian Holey Dollar Returned

ANA Money Museum Gets Stolen Australian Holey Dollar Returned

The 1813 Holey dollar was returned to the American Numismatic Association’s Edward C. Rochette Money Museum on Oct. 23. The Holey dollar is an 1813 Australian coin struck on a 1788 Spanish-American real piece of Charles III from Mexico City.... read more »

 

How Big Is The Rare Coin Counterfeiting Problem?

How Big Is The Rare Coin Counterfeiting Problem?

by Jeff Garrett  posted on Numismatic Guaranty Corporation The issue of counterfeit coins has been around for a very long time. For years, the numismatic industry has dealt effectively with the problem of counterfeit rare coins. Just to be... read more »

 

PNG Adopts Coin Doctoring Definition

PNG Adopts Coin Doctoring Definition

(Schaumburg, Illinois) — Members of the Professional Numismatists Guild (www.PNGdealers.com) attending the organization’s general membership meeting on April 17, 2012 overwhelmingly approved a three-point definition of so-called... read more »

 

Attorney General Brings Action Against AGT American Silver and Gold

Attorney General Brings Action Against AGT American Silver and Gold

The Texas Attorney General froze the assets of AGT American Silver and Gold March 1, and issued a temporary restraining order against the owners of the Austin-area company, which sells gold and silver bullion and coins. Lora Maestre and... read more »

 

Goldline International Placed Under Injunction, Ordered To Change Sales Practices

Goldline International Placed Under Injunction, Ordered To Change Sales Practices

National Coin Dealer Must Also Refund Up To $4.5 Million To Customers, Set Up Fund For Additional Claims The Santa Monica City Attorney’s Office has obtained a judgment and injunction against Goldline International, Inc., one of the nation’s... read more »

 

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 »

 

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 »

 

Investors Accuse Gold Dealer Jim Burg of Superior Discount Coins of Stealing More Than $1 million

Investors Accuse Gold Dealer Jim Burg of Superior Discount Coins of Stealing More Than $1 million

Jim Burg owner of Superior Discount Coins of Englewood, Colorado  is accused by investors of possibly stealing more than $1 Million Dollars. “I placed a big order that was $325,000, basically my wife’s entire IRA,” Larry Lane,... read more »

 

Coin Doctoring Presents A Moral Imperative to the Coin Industry

Coin Doctoring Presents A Moral Imperative to the Coin Industry

Richard Schwary – California Numismatic Investments It would be a great deal more fun to consider what R.W. Julian has to say about Gobrecht dollars but at this point in time the consideration in front of us is the rather murky numismatic... read more »

 

Superior Gold Group LLC is seized, assets frozen

Superior Gold Group LLC is seized, assets frozen

On Monday, a California judge froze the assets of Superior Gold Group LLC of 100 Wilshire Boulevard, as well another office in Woodland Hills, after it was accused of fraudulent business practices in a civil lawsuit filed against the company... read more »

 
 
 
 
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