(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
Category Archives: Accredited Precious Metals Dealer Program
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
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)
Must-know tips to avoid gold scams
(Temecula, California) November 4, 2019 — 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 Florida, Minnesota, New York, Pennsylvania, and Utah have charged several reputedly unscrupulous merchants with selling counterfeit coins to unsuspecting investors and/or not paying for genuine coins submitted for sale by customers
Don’t be rushed in new Gold Rush: Make wise choices, veteran bullion dealers caution
(Temecula, California) September 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. This advice comes from the Accredited Precious Metals Dealers (APMD) division of the nonprofit Professional Numismatists Guild (PNG)
Gold price jump has potential for gold-selling scams, experts caution
(Temecula, California) June 26, 2019 — 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 program, a division of the nonprofit Professional Numismatists Guild.
“Don’t make a hasty decision based on slick advertisements
Gold price jump has potential for gold-selling scams, experts caution
(Temecula, California) June 26, 2019 — 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 program, a division of the nonprofit Professional Numismatists Guild.
“Don’t make a hasty decision based on slick advertisements
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)
RARCOA and Standard Numismatics merger finalized with $100,000 PNG anti-counterfeiting donation
(Willowbrook, Illinois) November 9, 2018 — Rare Coin Company of America, Inc. (RARCOA) of Willowbrook, Illinois and Standard Numismatics LLC of Chicago have completed their previously announced merger
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)