How to Avoid Becoming the Victim of a Fake Gold Coin

How to Avoid Becoming the Victim of a Fake Gold Coin

By Tony Davis – Atlanta Gold & Coin Buyers ......   We recently met with an individual that was interested in selling a Canadian gold...
Struck Counterfeit Coin of the Week: 1797 “S-136” Large Cent + 1-Page Attribution Guide

Struck Counterfeit Coin of the Week: 1797 “S-136” Large Cent + 1-Page Attribution Guide

By Jack D. Young, Early American Coppers (EAC) for CoinWeek .....   This latest installment in the continuing summary of the deceptive struck counterfeits documented to...
Anti-Counterfeiting Educational Foundation Warns: Hundreds of Websites Selling Fake Coins

Anti-Counterfeiting Educational Foundation Warns: Hundreds of Websites Selling Fake Coins

ACEF warns of fake “precious metal” and “rare coins” offered online, and helps a Texas investor who became an unsuspecting victim   Looking to buy gold...
CFTC Charges Safeguard Metals With Precious Metals Fraud Targeting the Elderly

CFTC Charges Safeguard Metals With Precious Metals Fraud Targeting the Elderly

Commodity Futures Trading Commission (CFTC) ......   The Commodity Futures Trading Commission (CFTC) and 27 state securities regulatory agencies that are members of the North American...

Jeff Garrett – A Christmas Miracle and Lessons Learned

A lost coin is found and lessons are learned in a numismatic holiday caper   Reposted from December 6, 2019 by Jeff Garrett for Numismatic Guaranty...
Anatomy of Fraudulent Facebook Pop-Up Ads for Counterfeit Coins

Anatomy of Fraudulent Facebook Pop-Up Ads

Facebook has become the predominant choice of fraudsters   Online scams related to counterfeit coins and precious metals continue to escalate and a major tool used...
Three Numismatic Groups Admonish Facebook About Ads Offering Counterfeits

Three Numismatic Groups Admonish Facebook About Ads Offering Counterfeits

Three major numismatic organizations that sent a letter to Facebook executives to complain that the social media platform “has become the predominant choice of...
Monex Deposit Company, CFTC Center of CFTC Complaint

U.S. Court of Appeals Rules in Favor of CFTC in Fraud Case Against Monex...

Commodity Futures Trading Commission (CFTC) ......   On Thursday, July 22, the Commodity Futures Trading Commission (CFTC) announced that the United States Court of Appeals for...
Collecting Ancient Coins

Tips for Buyers of Ancient Coins

By Wayne Sayles .....   Some Ancient Coin Collectors Guild (ACCG) members have asked what they can do to assure that the purchases they make are...

The Continuing Threat of Counterfeits: A Problem for Numismatics and the NBA

By Michael Fuljenz – Universal Coin & Bullion ......   Counterfeit products – including fakes of rare and circulating U.S. coins and precious metal bullion coins– have been a...

Gold Dealers Seeing New Buyers While Some Earlier Buyers Are Now Selling

“If you don’t know gold, you’d better know your gold dealer,” cautions the leader of the Accredited Precious Metals Dealer program of the Professional...

CFTC: Beware of Gold and Silver Schemes Designed to Drain Your Retirement Savings

By Commodity Futures Trading Commission (CFTC) ......   The Commodity Futures Trading Commission (CFTC) advises the public not to take cash from their retirement plans under...

How Big Is the Rare Coin Counterfeiting Problem?

Counterfeit Coins by Jeff Garrett for Numismatic Guaranty Corporation ......   The issue of counterfeiting rare coins has been around for a very long time For years, the...

Buyers and Sellers Taking Advantage of Gold, Silver Prices But Some Inventories Low

Accredited Precious Metals Dealers Urge Caution Against Market Scams   The recent jump in the price of gold due to stock market decreases and fear of...

Counterfeit Precious Metals Websites Erupt With Volatility of Market

The March 24, 2020 consumer/investor advisory statement below is from Doug Davis, Director of the Anti-Counterfeiting Task Force of the non-profit Anti-Counterfeiting Educational Foundation...
Anti-Counterfeiting Educational Foundation (ACEF)

Easily Report Suspected Fakes With Online Help From Anti-Counterfeiting Educational Foundation

See it? Report it! The Anti-Counterfeiting Educational Foundation (ACEF) now provides collectors, dealers, the general public and victims of suspected fraud with a convenient and...

Numismatic Crime – Coin Dealer Home Invasion, Tips to Stay Safe This Holiday Season

By Doug Davis - Founder & President, Numismatic Crime Information Center (NCIC) ......   Residential Burglary Detectives with the Santa Cruz County, California Sheriff's Office are investigating...

PNG: Must-Know Tips to Avoid Gold Scams

Adding gold, silver or platinum bullion coins or ingots to an investment portfolio can be a smart choice, but knowing your seller can be...

NCIC: Stolen Coins Recovered, Arrest Made in Bad Checks Case

By Doug Davis - Founder & President, Numismatic Crime Information Center (NCIC) ......   $20,000 Gold Theft - Suspects Identified Rochester, Minnesota police are investigating the theft...

Don’t Be Rushed In New Gold Rush, Veteran Bullion Dealers Caution

Investors wanting to enter the gold and silver markets or add to existing portfolios should be wary of potential counterfeits, plated “gold coins”, or...

PNG Offers to Assist Victims of Coin Doctoring

As part of its on-going efforts to combat “coin doctoring”, the Professional Numismatists Guild (PNG) is urging dealers and collectors to respect the heritage...

CoinWeek IQ: A Guide to Certified Coin Stickers

Not all MS65s are created equal   By Lianna Spurrier for CoinWeek .....   * * * Third-party grading has become ubiquitous in the numismatic world, but grading isn’t...
Monex Deposit Company, CFTC Center of CFTC Complaint

Gold & Precious Metals: Ninth Circuit Rules for CFTC in Fraud Case Against Monex

By Commodity Futures Trading Commission ......   On Thursday, July 25, the United States Court of Appeals for the Ninth Circuit reinstated its anti-fraud enforcement action...

PNG Suspends Member Jason Bradford

The Professional Numismatists Guild (PNG) suspended the membership of Jason Bradford on July 18, 2019, for conduct prejudicial to the PNG, including violation of...

Minnestoa Dealer Sentenced to 30 Months Federal Prison for Selling Counterfeit Coins

Fraud scheme carried out in multiple states, some victims still may be unidentified   By Anti-Counterfeiting Educational Foundation (ACEF) ......   Minnesota coin dealer Barry Ron Skog, 68,...

Gold Price Jump Increases Potential for Gold-Selling Scams, Experts Caution

With the recent, rapid jump in the price of gold, investors should beware of scam artists trying to lure them with urgent claims of...

Gold & Silver PAC News – April/May 2019: Online Sales Tax Collection

By John Villavicencio for the Gold & Silver PAC ......   Gold & Silver News From the Political Coordinator   April showers bring... taxes The tax filing deadline for 2018...

Numismatic Auction Site Sixbid.com Alerts Collectors to Fake Invoice Scam

By CoinWeek Staff Reports ....   On Monday, April 1, internet auction site Sixbid.com sent out a notice that several auction houses who sell coins and...

NCIC: Help Identify Suspects in Multiple Gold, Coin Store Robberies

By Doug Davis - Founder & President, Numismatic Crime Information Center (NCIC) ......   Assistance Needed - Suspect Identification The Numismatic Crime Information Center (NCIC) is working...

Counterfeit Coin Detection – Fake $5 Indian Half Eagle with “Stock Reverse”

Counterfeit 1915-S $5 Indian Gold Half Eagle / stock reverse By Max Spiegel – Numismatic Guaranty Corporation ......   NGC receives countless fakes struck from stock dies. Many...