Category Archives: APMD

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 Numismatists Guild   Dealers who sell bullion gold and silver bullion coins report an increase in new customers who want to own precious metals. They also are seeing some earlier customers […]

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No significant “panic selling” of gold, reports Accredited Precious Metals Dealers

Younger buyers entering market and Baby Boomers are still acquiring precious metals
(Temecula, California) August 18, 2020 — During the recent profit-taking and market correction, major retail sellers of physical gold and silver coins and ingots say they did not encounter significant panic selling by customers. They report younger buyers have entered the market and Baby Boomers continue buying gold and silver bullion coins, according to the Accredited Precious Metals Dealer division (APMD) of the nonprofit Professional Numismatists Guild (PNG)

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Enjoy 2020 “Gold Rush” prudently, advises Accredited Precious Metals Dealers

(Temecula, California) July 31, 2020 — Buyers of physical gold and silver during the 2020 “Gold Rush” should be wary of potential counterfeits in the marketplace, mistaking plated “gold coins” for bullion products, and avoid overpaying for any purchases, cautions the Accredited Precious Metals Dealers (APMD) division of the nonprofit Professional Numismatists Guild (PNG).
“Adding gold, silver, or platinum bullion coins or ingots to an investment portfolio can be a smart choice, but knowing your seller can be a crucial choice,” advises PNG-APMD President Richard Weaver

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U.S. rare coin market quite active despite pandemic, reports Professional Numismatists Guild

With a winning bid of $2,160,000, this 1927-D Saint-Gaudens double eagle was the most valuable U.S

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U.S. rare coin market quite active despite pandemic, reports Professional Numismatists Guild

With a winning bid of $2,160,000, this 1927-D Saint-Gaudens double eagle was the most valuable U.S

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Counterfeits gone viral: Online sales of fake gold and silver cost public millions

(Temecula, California) April 30, 2020 — The current enormous demand and limited supply of silver and gold bullion coins and other precious metals items during the COVID-19 pandemic have created a breeding ground for the distribution of counterfeits that is costing unsuspecting investors millions of dollars, according to the nonprofit Anti-Counterfeiting Educational Foundation (ACEF) .
“Counterfeiters, using sophisticated online marketing techniques, prey on the emotional fears and anxieties of the public

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Counterfeits gone viral: Online sales of fake gold and silver cost public millions

(Temecula, California) April 30, 2020 — The current enormous demand and limited supply of silver and gold bullion coins and other precious metals items during the COVID-19 pandemic have created a breeding ground for the distribution of counterfeits that is costing unsuspecting investors millions of dollars, according to the nonprofit Anti-Counterfeiting Educational Foundation (ACEF) .
“Counterfeiters, using sophisticated online marketing techniques, prey on the emotional fears and anxieties of the public

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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 the coronavirus has attracted new retail customers. The financial and public health concerns have also lured a return of many previous gold and silver bullion customers, but some inventories […]

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Buyers and sellers taking advantage of gold and silver prices but some inventories are low, say bullion dealers

Accredited Precious Metals Dealers Urge Caution Against Market Scams
(Temecula, California) April 2, 2020 — The recent jump in the price of gold due to stock market decreases and fear of the coronavirus has attracted new retail customers. The financial and public health concerns have also lured a return of many previous gold and silver bullion customers, but some inventories of physical bullion are low, according to members of the Accredited Precious Metals Dealer program (APMD), a division of the non-profit Professional Numismatists Guild (PNG)

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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 (ACEF). Mr. Davis is a former Texas police chief. * * * The 11-year low in silver and the uncertainty of the economy during the COVID-19 crisis has triggered the rush […]

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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 a crucial choice, the Professional Numismatists Guild advises in a statement issued Nov. 4.
PNG is a non-profit organization of many of the country’s top rare coin and bullion coin experts

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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 a crucial choice, advises the Professional Numismatists Guild (PNG), a nonprofit organization of many of the country’s top rare coin and bullion coin experts. In recent months, law enforcement officials in […]

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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 overpaying for any purchases. This advice comes from the Accredited Precious Metals Dealers (APMD) division of the nonprofit Professional Numismatists Guild (PNG). “The new ‘Gold Rush’ of significantly higher prices this […]

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Don’t Be Rushed In New Gold Rush: Make Wise Choices, Veteran Bullion Dealers Caution

 
The consumer/investor advisory below is distributed on behalf of the Accredited Precious Metals Dealer division of the nonprofit Professional Numismatists Guild. 
 
(Temecula, California) Sept. 9, 2019 – Investors wanting to enter the gold and silver markets or add to existing portfolios should be wary of potential counterfeits, plated “gold coins” or overpaying for any purchases

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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 too-good-to-be-true low prices and quick, guaranteed bullion market profits, cautions leaders of the Accredited Precious Metals Dealer (APMD) program, a division of the nonprofit Professional Numismatists Guild (PNG). “Don’t make a […]

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Beware of grossly overpriced gold coins, cautions Professional Numismatists Guild

(Temecula, California) May 28, 2019 — If you’re purchasing modern precious metals coins strictly for their silver, gold. or platinum content, beware of significantly overpaying simply because the coins may be housed in fancy holders or accompanied by autographs of celebrities or the coins’ designers, cautions the Professional Numismatists Guild (PNG)

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Veteran Dealer: Gold’s Fundamentals Never Looked Better

“Gold is starting 2019 with increasing price support and growing demand. I believe gold will reach its next major resistance level of $1,300 very soon, and after a short period of time should break above,” stated Barry Stuppler of Woodland Hills, California, President of the Accredited Precious Metals Dealers (APMD), a division of the Professional […]

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Veteran Dealer: We Have Seen the 2018 Low for Gold

“The reality of a real trade war and its effect on the U.S. and world economies has finally hit the precious metal markets. We have seen the 2018 low for gold,” stated Barry Stuppler of Woodland Hills, California, President of the Accredited Precious Metals Dealers (APMD), a division of the Professional Numismatists Guild (PNG). The […]

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The Mike Fuljenz Metal Report on Gold and Silver

Gold and Silver Report By Mike Fuljenz – Universal Coin & Bullion …… Commerzbank Predicts $1,500 Gold, $20 Silver in 2019 For the first half of 2018, gold and silver were down 3% to 4% while the U.S. stock market was flat. The main culprit was a strong U.S. dollar in the second quarter. Gold […]

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PNG dealers see $1,460+ gold at year’s end

(Temecula, California) January 25, 2018 — Gold is anticipated to reach $1,460 or potentially more, silver about $20, and platinum about $1,150 by the end of the year. This was determined by conducting an informal survey between January 16-24, 2018, of some of the country’s leading precious metals retail dealers, according to the nonprofit Professional Numismatists Guild (PNG)

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Professional Numismatists Guild Dealers See $1,460+ Gold at Year’s End

Gold is anticipated to reach $1,460 or potentially more, silver about $20 and platinum at about $1,150 by the end of the year, according to an informal survey conducted between January 16-24, 2018 of some of the country’s leading precious metals retail dealers, according to the nonprofit Professional Numismatists Guild (PNG). Members of the Guild’s […]

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PNG member helps FBI nab theft suspects

All dealers should be cautious about possible long-term ramifications of cashing fraudulent checks
(Temecula, California) December 19, 2017 — A long-time member of the Professional Numismatists Guild (PNG) assisted the Federal Bureau of Investigation in solving a case involving an attempt by suspected thieves to purchase $2 million of gold using a bank check with the forged signature of a deceased New York City woman.
It is a cautionary tale for all dealers about the potential long-term effects of cashing a fraudulent check, even if they first verified the account with the bank

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PNG member helps FBI nab theft suspects

All dealers should be cautious about possible long-term ramifications of cashing fraudulent checks
(Temecula, California) December 19, 2017 — A long-time member of the Professional Numismatists Guild (PNG) assisted the Federal Bureau of Investigation in solving a case involving an attempt by suspected thieves to purchase $2 million of gold using a bank check with the forged signature of a deceased New York City woman.
It is a cautionary tale for all dealers about the potential long-term effects of cashing a fraudulent check, even if they first verified the account with the bank

Continue reading on Coin Update News

PNG: Three Tips To Avoid Gold Scams

Following the recent fraud charges filed by the Commodity Futures Trading Commission (CFTC) against a California gold seller, a trade group composed of veteran precious metals experts is urging investors to take three important steps before making any purchases of gold, silver or platinum ​bullion ​coins or ingots. “To avoid paying too much when you […]

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Hacks for Buying Gold or Silver Bullion Cheap – 4K Video

Hacks for Buying Gold or Silver Bullion Cheap is an informative video that every gold and silver bullion buyer should see. In 2016, the Professional Numismatists Guild launched an innovative program centered around the concept of creating a safe market for buyers of gold and silver bullion. The Accredited Precious Metals Dealer Program (APMD) helps protect […]

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