Consumer Alert: The $80/oz Silver Sales Pitch

By CoinWeek Staff Reports .....   A reader sent us an email last week, telling us about something his wife received in the mail. It was an...
Coin crime, theft, robbery and fraud

FBI: The Case of the Corrupt Coin Dealer

By Federal Bureau of Investigation ....   Fraudster Targeted Elderly Victims Financial fraud comes in all shapes and sizes. And while corporate criminals, inside traders, and Ponzi...

Preview of May-June Issue of CONECA Errorscope

By CONECA....   The Combined Organizations Of Numismatic Error Collectors Of America (CONECA) has just sent the May-June 2015 issue of its bimonthly journal, Errorscope, to...

Industry Teamwork Defeats Repeal of Maryland’s Hobby Sales-Tax Exemption

By Industry Council for Tangible Assets (ICTA)....   Whitman Coin & Collectibles Expo lobbyist Dennis Rasmussen, Maryland numismatic businesses and collectors, and the Industry Council for...

As Legal Issues Mount, Merit Gold Customers Seek Relief

By Charles Morgan and Hubert Walker for CoinWeek .....   In CoinWeek’s initial report on Merit Gold and Silver, we wrote that the Santa Monica City’s...

The Kennedy Gold Proof Launch and the Modern Coin Market

By Charles Morgan, Scott Purvis, and Hubert Walker for CoinWeek ....   In a hobby already prone to hyperbole, the recent release of the Kennedy Gold Proof inspired...

Merit Gold & Silver No Longer Accepting Bullion Orders; Going Out of Business (Update)

By Hubert Walker for CoinWeek....   Visitors to the website of Merit Gold and Silver, a Santa Monica, California-based bullion and precious metals dealer, have seen...

Merit Gold & Silver Lawsuit: Third Bullion Firm Targeted Under California Consumer Protection Law

From CoinWeek reported by Charles Morgan and Hubert Walker .........   On February 13, 2014, the Santa Monica City Attorney’s Office filed a consumer protection lawsuit...

Laura Sperber Hot Topics: A NEW TWIST AND MY PLAN

By Laura Sperber - Legend Numismatics ......   Hi all. Yes, I am back to attacking coin doctors and the dealers who enable them. Seems the...

Goldline Restitution Claims – Company Has Paid Over $5 Million In Refunds and Restitution...

As part of a recent court judgment, Goldline International, Inc., one of the nation's largest precious metals dealers, was required to provide refunds to...

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...

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...

ALL CHARGES DISMISSED, GOLDLINE ANNOUNCES

Precious Metals Company Will Continue to Set Standard For Customer Disclosures Goldline International Inc., the precious metals leader in customer service and disclosures, today announced...

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...

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...

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...

Maryland Governor Proposes Sales Tax Exemption Repeal

Last year the numismatic community stood united in helping defeat House Bill 206 in the Maryland General Assembly, which would have repealed the Sales...

eBay and PNG Working Together

eBay (www.ebay.com), the world's largest online marketplace and a global leader in mobile commerce, recognizes that the coin category on eBay is...

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...

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...

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...

Laura Sperber Hot Topics: COIN DOCTORING IS NOW ALLOWED!

First, I want to clearly state: I fully support the Board of Directors of the PNG in its fight. Since the meeting I had attended last year, they have tried to diligently work on the subject of coin doctoring. Granted, nothing has happened from their efforts, but I did not know it was the MEMBERSHIP that was blocking action.