Category Archives: Consumer protection

Counterfeit Protection: 1881-S Morgan Dollar

From the NGC by Max Spiegel, Numismatic Researcher 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 graded […]

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Convicted Gold Scammer Larry Bates Sentenced to 21 Years in Federal Prison

Convicted of all 46 counts against him, 73-year-old Bates evades maximum sentence of 20 years for each one By Hubert Walker for CoinWeek …. On Thursday, September 7, the Acting United States Attorney for the Western District of Tennessee, Lawrence J. Laurenzi, announced the federal sentences given to Larry Bates and three other members of […]

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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 […]

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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 general’s […]

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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 the […]

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