Tag: Consumer protection

Mystery Babylon: Revelations Lead to Fraud Convictions for “End of the World” Gold Scammers

Mystery Babylon: Revelations Lead to Fraud Convictions for “End of the World” Gold Scammers

Former politician Larry Bates played on the beliefs of fellow Christians to sell gold and silver that he never delivered By Hubert Walker for CoinWeek ….   Seventy-year-old Larry Bates is a talk radio CEO, a former Tennessee state representative, and a gold and silver bullion dealer. Now, after a five-week trial in Memphis back […]

Texas Attorney General Issues Gold Coin Consumer Protection Tips

Texas Attorney General Issues Gold Coin Consumer Protection Tips

By Universal Coin & Bullion ……   With input from numismatic experts, the Attorney General of Texas, Ken Paxton, has issued a consumer protection alert about buying and selling gold coins. Award-winning rare coins and precious metals writer, Michael Fuljenz, President of Universal Coin & Bullion in Beaumont, Texas, provided continuing consultation to the attorney […]

Consumer Protection News – Anti-Counterfeit Task Force Formed

Consumer Protection News – Anti-Counterfeit Task Force Formed

Beth Deisher Hired as Director By Industry Council for Tangible Assets …..   The Industry Council for Tangible Assets (ICTA) has formed a task force to mobilize law enforcement resources to protect the integrity of U.S. coinage by educating officials on the economic impact and growing threat counterfeit circulating, collectible and bullion coins pose to […]

Northwest Territorial Mint Bankrupt, Bullion Buyers May Lose Millions

Northwest Territorial Mint Bankrupt, Bullion Buyers May Lose Millions

By Charles Morgan and Hubert Walker for CoinWeek …..   In what began as a dispute between a landlord and his tenant has exploded into a slow motion train wreck, placing the judgment, character, and business practices of one of the industry’s more polarizing personalities, Ross Hansen [above] into focus and putting the future of […]

New PCGS Holder To Protect Coins, Combat Counterfeiting

New PCGS Holder To Protect Coins, Combat Counterfeiting

Professional Coin Grading Service (PCGS) is launching the world’s most technically-advanced holder for protecting coins and providing additional security against counterfeiting. The completely redesigned holders include an embedded hologram and a Quick Response (QR) code matrix on each label. These new holders now are being used on all submissions certified by PCGS. “We have been […]

Counterfeit Protection: 1881-S Morgan Dollar

Counterfeit Protection: 1881-S Morgan Dollar

From the NGC by Max Spiegel, Numismatic Researcher on 5/15/2012 Raised areas and the incorrrect shape of the mintmark identify this 1881-S Morgan as a counterfeit. The 1881-S Morgan dollar is not a coin that you would expect to see faked. It is easily the most common date in the Morgan dollar series, and NGC has […]

Coin Analyst Special Report: Numismatic Community Divided Over New E-Bay Coin Selling Policies

Coin Analyst Special Report: Numismatic Community Divided Over New E-Bay Coin Selling Policies

by Louis Golino for CoinWeek There is a consensus among coin collectors and numismatists that it is important that e-Bay have policies designed to protect buyers from overgraded, counterfeit and otherwise problematic coins. Sales of such coins have been an ongoing problem for years, especially on online auction platforms. But the new e-Bay policies announced […]

 
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