Category Archives: Crime and Fraud

Counterfeit Coin Detection – 1903-S Added S Morgan Dollar

A prominent area of discoloration around the mintmark is a sign that this Morgan Dollar is a counterfeit. Morgan Dollar Counterfeit By Numismatic Guaranty Corporation …… The vast majority of the more than 1.2 million Morgan dollars struck at the San Francisco Mint in 1903 entered circulation, either immediately or as they were trickled out […]

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Numismatic Crime – Coins Missing or Stolen From Mail Around the Country

By Doug Davis – Founder & President, Numismatic Crime Information Center (NCIC) …… Stolen/Lost Express Mail Package A package being shipped from Williamsburg, Virginia to New Jersey on August 28, 2020, has been reported stolen/missing. The package arrived at the Richmond, VA distribution center on August 29, 2020. However, there has been no movement and […]

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PCGS Announces NFC Technology Included in All Coin, Currency Holders

Professional Coin Grading Service leads numismatic hobby with a massive leap forward in anti-counterfeiting technology   Professional Coin Grading Service (PCGS) has announced that it will begin embedding Near Field Communication (NFC) technology in all its encapsulated coins, medals, tokens, and banknotes in October 2020. This revolutionary advancement launches after an initial limited rollout earlier […]

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JPMorgan Ordered to Pay Record $920 Million for Precious Metals Spoofing, Manipulation

Commodity Futures Trading Commission (CFTC) ……   The Commodity Futures Trading Commission (CFTC) today issued an order filing and settling charges against JPMorgan Chase & Company (JPMC & Co.) and its subsidiaries, JPMorgan Chase Bank, N.A., and J.P. Morgan Securities LLC (JPMS) (collectively JPM), for manipulative and deceptive conduct and spoofing that spanned at least […]

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CFTC, 30 States Charge Los Angeles Precious Metals Dealers in Ongoing $185 Million Fraud Targeting Elderly

Largest Joint Filing Between CFTC and State Regulators in History   By Commodity Futures Trading Commission (CFTC) ……   The Commodity Futures Trading Commission (CFTC) and 30 state regulators that are members of the North American Securities Administrators Association (NASAA) announced the filing of a joint civil enforcement action in the U.S. District Court for […]

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Numismatic Crime – Suspects Wanted in Memphis Coin Shop Robbery

By Doug Davis – Founder & President, Numismatic Crime Information Center (NCIC) …… Suspects Wanted in Memphis Coin Shop Robbery On 9/7/20 a white male and white female entered “A Coin & Silver Shop” in Memphis, Tennessee wanting to see gold coins. Both subjects had a thick accent. The subjects looked at several gold coins […]

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Numismatic Crime – Coins Stolen From Mail, Armed Robbery of Portland Dealership

By Doug Davis – Founder & President, Numismatic Crime Information Center (NCIC) …… Minnesota Mall Theft The following coins were stolen from a locked display case inside the Moorhead Antique Mall: Austria, 2K ( Kreuzer), Salzburg, dated 1715, NGC graded MS 63, Certification #702118-015 Austria, 3K (Kreuzer), Hall, dated 1644, NGC graded MS 64, Certification […]

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Numismatic Crime – Coins, Currency, Silver Bar Stolen From Mail

By Doug Davis – Founder & President, Numismatic Crime Information Center (NCIC) …… Stolen from USPS A package was sent to a dealer in New York City containing coins, jewelry, and several watches. The recipient opened the package and found several items missing. After close inspection, the bottom of the box had been opened at […]

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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 relaxed distribution rules provided in the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) to speculate or invest in gold, silver, or other precious metals without first consulting licensed […]

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Numismatic Crime – Coins Stolen, Cut From Packages in Transit

By Doug Davis – Founder & President, Numismatic Crime Information Center (NCIC) …… Numismatic Crime – Package Cut Open The following coin was stolen from a USPS package that was cut open and removed on its way to Portland, Oregon. First Strike 2009-P Ultra High Relief $20 PVGS MS70 PL #38159425 Stolen/Missing Express Mail An […]

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The Great du Pont Coin Robbery… and Recovery

By Mike Garofalo for PCGS ……   Thursday, October 5, 1967, was a really terrific day for this author. I was 14 years old, a freshman in high school, and my beloved Boston Red Sox had just played Game 2 of baseball’s 1967 World Series. The Sox pitching ace, Jim Lonborg, shut out the St. […]

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CFTC Charges Georgia Company, Florida Residents With Precious Metals Fraud, Misappropriation of Nearly $900,000

By Commodity Futures Trading Commission (CFTC) ….   The Commodity Futures Trading Commission (CFTC) filed a civil enforcement action in the U.S. District Court for the Middle District of Florida against The Alista Group, LLC (Alista), owner Marvin W. Courson III, and company employees Christopher A. Kertatos and Luis M. Pineda Palacios a/k/a Luis Pineda, […]

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Numismatic Crime – Mail Theft of Gold Coins, National Bank Note

By Doug Davis – Founder & President, Numismatic Crime Information Center (NCIC) …… Lost/Stolen Package of Gold Coins An expressmail package being sent from White River Junction, Vermont to NGC’s offices in Sarasota, Florida on July 1 disappeared sometime not long after it left White River Jct. at 6:20 PM. The package contained the following […]

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Anti-Counterfeiting: Attempt Made to Sell Fake $300,000 Gold Coin

Seller a suspect in another counterfeits case   Acting on a tip from the Anti-Counterfeiting Educational Foundation (ACEF), federal and local California law enforcement agents now are investigating the attempted sale of $400,000 worth of counterfeit coins – including a fake example of the historic 1879 Coiled Hair gold $4 “Stella” that brought $300,000 at […]

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Numismatic Crime – Lost and Stolen Coins, Canadian Currency

By Doug Davis – Founder & President, Numismatic Crime Information Center (NCIC) …… Lost/Stolen Package – Carson City, Nevada A package being sent from Carson City, Nevada to Reno, NV has been reported lost/stolen. Last tracking indicates package was received at a Reno US Postal Service distribution center. The package has not been delivered to […]

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Numismatic Crime – Aggravated Robbery, Coins Stolen From Collector’s Residence

By Doug Davis – Founder & President, Numismatic Crime Information Center (NCIC) …… Aggravated Robbery The Dallas Police Department is investigating an aggravated robbery of an 84-year-old coin collector. The victim had just returned home from his bank and was exiting his vehicle when attacked from behind. The assailant grabbed the victim’s briefcase causing the […]

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Counterfeit Coin Detection – 1915-S Panama-Pacific Half Dollar

By Max Spiegel, Numismatic Guaranty Corporation (NGC) ……… Tool marks, soft design details and dull surfaces help NGC graders identify a counterfeit coins, in this case a  1915-S Panama-Pacific Half Dollar. This year marks the 100th anniversary of the Panama-Pacific Exposition, which was held in San Francisco in 1915 to celebrate the opening of the Panama […]

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Numismatic Crime – Suspect Sought in St. Petersburg Coin Theft

By Doug Davis – Founder & President, Numismatic Crime Information Center (NCIC) …… Stolen/Missing Coins and Currency A first class package sent from Pennsylvania to the Seattle, Washington area has been reported missing/stolen. The package contained the following: 1899 $5 Chief Note in Fine condition- serial # ( N79553616) 1896 $1 Educational Note in VF […]

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Counterfeiting Battles Continued in May: ACEF

Anti-Counterfeiting Educational Foundation is working with fraud victims and federal law enforcement agencies   A fraudulent advertisement for bullion coins on Facebook, fake encapsulation holders and requests for expert help from federal agencies kept the nonprofit Anti-Counterfeiting Educational Foundation (ACEF) busy during May 2020. “Among the cases we’re investigating is the sale of 10 fake […]

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Numismatic Crime – Help NCIC Find Stolen and Missing Currency

Recent Numismatic Crime by Doug Davis – Founder & President, Numismatic Crime Information Center (NCIC) …… Stolen/Missing Currency The notes pictured below were shipped via the US Postal Service: Stolen Currency The Abilene, Texas Police Department is investigating the theft of the following notes listed below: Schwertner National Bank $10 Small Notes 10956A001513 B000474A B000553A […]

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Numismatic Crime – NCIC Needs Your Help to Find Missing, Stolen Coins & Currency

Recent Numismatic Crime by Doug Davis – Founder & President, Numismatic Crime Information Center (NCIC) …… Missing/Stolen Packages A FedEx package being shipped (March 25) from Westlake Village, California to Naples, Florida has been reported missing. Package Contents: 1908 No Motto $20 St. Gaudens NGC MS64 Cert #4602252-112 .999 Silver Silver City Las Vegas, Nevada […]

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Numismatic Crime – Stolen Russian Coins, Arrest Made in Show Theft: NCIC

Numismatic Crime with Doug Davis – Founder & President, Numismatic Crime Information Center (NCIC) …… Numismatic Crime – Stolen Russian Coins Numismatic Crime Detectives in Omaha, Nebraska are investigating a theft resulting in the loss of over $30,000 USD in Russian coins. Below is an image of the police report: Interstate Coin Show Theft and […]

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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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NGC Counterfeit Detection: 1921 Peace Dollar

Among other problems, this fake is too thick to be a genuine example of this key date   By Numismatic Guaranty Corporation …… In 1921, the United States was still reeling from the effects of World War I. Over 116,000 American serviceman lost their lives in what was then called The Great War. Due to […]

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Numismatic Crime – Vehicle Burglary, Coin and Note Thefts: NCIC

By Doug Davis – Founder & President, Numismatic Crime Information Center (NCIC) …… Stolen Ancient Coins The Long Beach, California Police Department is investigating a vehicle burglary resulting in the loss of the following coins: Macedonia, Philip II silver tetradrachm, Pella life time issue EF Roman Republican silver denarius, Musa series, muse Thalia Choice EF […]

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Numismatic Crime – Coin Shops Targeted by New Group of Alleged Gold Thieves

By Doug Davis – Founder & President, Numismatic Crime Information Center (NCIC) …… Numismatic Crime Residential Burglary – Tennessee Detectives with Williamson County, Tennessee are investigating a residential burglary that resulted in the loss of a large number of coins. Here is a partial listing of the stolen coins: 1951, $.05, Proof Jefferson, PR67 toned, […]

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Numismatic Crime – Ancient Coins Stolen With Bad Check, Burglar Takes Certified Coins

By Doug Davis – Founder & President, Numismatic Crime Information Center (NCIC) …… Burglary Detectives with Williamson County, Tennessee are investigating a residential burglary that resulted in the loss of a large number of coins. A partial listing of stolen coins follows below: 1951, $.05, Proof Jefferson, PR67 toned, ANACS 5309758 1955, $.05, Proof Jefferson, […]

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ACEF Helps Feds Crack Counterfeit Coins Case

Counterfeit Coins Importer Sentenced to 10½ Years in Prison Anti-Counterfeiting Educational Foundation alerted and assisted investigators in the case A federal court judge in Camden, New Jersey has sentenced admitted counterfeit coins importer, Johnathan A. Kirschner, 35, of Moorestown, New Jersey, to 10½ years in prison. After being alerted by members of the Anti-Counterfeiting Educational […]

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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 secure way to report information about counterfeit coins, bars, holders, rounds, mint products, paper money or other suspicious counterfeit related activities. “See it? Report it! If you have information about […]

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Numismatic Crime – Stolen Banknotes, Missing Coins

By Doug Davis – Founder & President, Numismatic Crime Information Center (NCIC) ……   Stolen/Missing Notes Jhon E. Cash Rare Currency of Highland Village, Texas has reported that two $5,000 notes have been stolen/missing in the North Dallas area of Lewisville or Highland Village, Texas in late November or December of 2019. Jhon E. Cash […]

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CFTC Charges US Coin Bullion LLC and Its Owners With $7.9 Million Precious Metals Fraud

By Commodity Futures Trading Commission (CFTC) ….   On Friday, January 10, the U.S. Commodity Futures Trading Commission (CFTC) announced it had filed a civil enforcement action on January 8 in the U.S. District Court for the Middle District of Florida, charging US Coin Bullion LLC, Salvatore Esposito, and Joseph Esposito with misappropriating over $7.9 […]

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Numismatic Crime Alerts – Missing Coins Recovered, World Coins Stolen

By Doug Davis – Founder & President, Numismatic Crime Information Center (NCIC) ……   Lost/Stolen Package Recovered The coins listed below were reported missing in transit between Houston, Texas and Louisville, Kentucky. The loss occurred on or around November 20, but as of December 26, 2019 the package and the coins have been recovered. 1881 […]

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Jeff Garrett – A Christmas Miracle and Lessons Learned

A lost coin is found and lessons are learned in a numismatic holiday caper By Jeff Garrett for Numismatic Guaranty Corporation (NGC) …… Last week, I experienced one of the most amazing events of my 45-year numismatic career. While I have often said that every day in my profession is like the Antiques Roadshow, seldom […]

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Over $11 Million in Counterfeit U.S. $100 Bills Seized in Taiwan

By Hubert Walker for CoinWeek …. In many places around the world, United States Federal Reserve Notes are accepted as an official currency and legal tender. In many other places, they exist in a quasi-legal limbo, often circulating on the grey and black markets. And no matter where the notes are found or how they […]

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Numismatic Crime Alerts – Coin Dealer Robbed After Show, Stolen Packages

By Doug Davis – Founder & President, Numismatic Crime Information Center (NCIC) …… Coin Dealer Inventory Stolen in Vehicle Burglary The Torrance, California Police Department is investigating a vehicle burglary involving currency dealer Vern Potter. The offense occurred after leaving the North County Monthly Coin Show on Sunday, December 1, 2019. Mr. Potter ‘s entire […]

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Numismatic Crime – Help the Hobby Fight Counterfeit Coins and Other Alerts

By Doug Davis – Founder & President, Numismatic Crime Information Center (NCIC) …… Law Enforcement Education The Numismatic Crime Information Center (NCIC) and the Anti-Counterfeiting Educational Foundation (ACEF) are currently looking for counterfeit examples of the following: Silver and Gold Eagles Boxed Silver and Gold Eagles (Unc, Proof, Boxes, and Certificates) US Mint product counterfeits […]

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The Biggest Gold Heists of All Time, Part II

By Alan Carr – BuyGoldOnline.io – Original Article …… Link to Part I The Summer Bliss Robbery (2012) – 216 kg Gold Bars On November 30, 2012, masked men in police jackets boarded the Summer Bliss fishing boat in Curaçao and stole 70 gold bars weighing a total of 216kg. Estimated worth of the haul: […]

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Numismatic Crime – Judge Refuses to Lower Bond in Faraj Case, Update on Bressett Burglary

By Doug Davis – Founder & President, Numismatic Crime Information Center (NCIC) …… Fraudulent Credit Card Bullion Purchases The following two coins were purchased using fraudulent credit cards: 1 ounce gold eagle NGC MS703376247-004 ( Address used 1003 Allendale Rd Four Oaks NC, 27524) 2014 500 YN Gold Panda MS70 PCGS 52206.70/28747839 (Address used 1360 […]

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The Biggest Gold Heists of All Time, Part I

By Alan Carr, Buy Gold Online… The fame and fortune that is associated with a gold bullion heist are, for most of us, in the realms of our deepest and darkest fantasies. Nevertheless, the thought of living in riches and never having to work again has seduced some individuals to try their luck at stealing […]

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Residential Burglary of Numismatic Legend: NCIC

By Doug Davis – Founder & President, Numismatic Crime Information Center (NCIC) …… Residential Burglary The Colorado Springs, Colorado Police Department is investigating the residential burglary of professional numismatist Ken Bressett. The offense occurred on November 2, 2019. The following is a partial listing of stolen items: Nice foreign from China, Japan, India, and Spanish […]

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Numismatic Crime – Residential Burglary of Numismatic Legend: NCIC

By Doug Davis – Founder & President, Numismatic Crime Information Center (NCIC) …… Residential Burglary The Colorado Springs, Colorado Police Department is investigating a numismatic crime,  the residential burglary of professional numismatist Ken Bressett. The offense occurred on November 2, 2019. The following is a partial listing of stolen items: Nice foreign from China, Japan, […]

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Counterfeit Coins Detection – Altered Date 1815 Half Dollar

The altered date on this half dollar imitates a true numismatic rarity. By  Numismatic Guaranty Corporation …… In the early part of the 19th century, the fledgling United States was in a crisis. US merchant ships were being blocked from conducting trade with mainland Europe by the British Royal Navy. This lead to serious economic woes […]

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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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Anti-Counterfeiting Educational Foundation Joins Forces with CrimeDex

The Anti-Counterfeiting Educational Foundation (ACEF) has been granted membership into CrimeDex, the world’s largest criminal investigation network composed of more than 4,000 law enforcement agencies, financial institutions and criminal investigators across the United States and around the globe. “The CrimeDex platform allows members to send out alerts, develop leads, and track criminal trends and patterns,” […]

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Federal Court Orders Florida Company to Pay More Than $15 Million for Fraud, Illegal Precious Metals Transactions

By Commodity Futures Trading Commission ……   On Monday, October 28, the United States Commodity Futures Trading Commission today announced that the U.S. District Court for the Southern District of Florida entered a default judgment against defendants Aviv Michael Hen of New York, and Omega Knight 2, LLC, as well as a consent order against […]

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Numismatic Crime Information Center: Bad Check Suspect Arrested, Credit Card Fraud

Numismatic Crime By Doug Davis – Founder & President, Numismatic Crime Information Center (NCIC) …… Credit Card Fraud NCIC has received information regarding numerous attempts to purchase gold bullion coins using fraudulent Synchrony Bank credit cards. The suspect/suspects request to purchase one to two one-ounce bullion coins (usually one-ounce Buffalos). The reported offenses have occurred […]

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Morgan Stanley, Mitsubishi to Pay Almost $2 Million for Spoofing Precious Metals Futures

By Commodity Futures Trading Commission …… On Tuesday, October 1, the U.S. Commodity Futures Trading Commission today announced that civil enforcement actions were filed and simultaneously settled against two trading firms and one bank for violating the Commodity Exchange Act’s (CEA) prohibition on spoofing (bidding or offering with the intent to cancel the bid or […]

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NCIC: Hotel Room Safe Burglary, Jewelry Store Robbery

By Doug Davis – Founder & President, Numismatic Crime Information Center (NCIC) …… Fraudulent Money Orders During the past couple of weeks, the Numismatic Crime Information Center (NCIC) has been working with our Postal Inspector contacts in Los Angeles, California in reference to bad money orders coming from an address in LA. The suspect’s MO […]

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Operators of U.S. Coin Bullion, LLC to Plead Guilty to More Than $7 Million in Fraud

By the United States Attorney’s Office, Middle District of Florida ……   United States Attorney Maria Chapa Lopez announces that brothers Salvatore Esposito (47, Orlando) and Joseph Esposito (43, Orlando) have agreed to plead guilty to an information charging them with conspiracy to commit wire fraud and mail fraud. Each faces a maximum penalty of […]

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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 of $20,000 USD in gold coins from Med City Coins. Two white males with heavy accents entered the store flashing a large amount of cash and wanting to buy gold coins. […]

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Former Precious Metal Trader Admits to Fraud at Two New York Banks

By Commodity Futures Trading Commission …..   On September 16, the United States Commodity Futures Trading Commission (CFTC) issued an order filing and settling charges against Christian Trunz, a former precious metals trader at two financial institutions who entered into a formal cooperation agreement with the CFTC’s Division of Enforcement and admitted to spoofing in […]

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Trader, Industrial Firm Charged with Spoofing in Precious Metals Futures

By Commodity Futures Trading Commission …..   On Monday, September 16, he U.S. Commodity Futures Trading Commission (CFTC) issued two orders filing and settling charges against John Lawrence and his employer, Heraeus Metals New York LLC, for spoofing — bidding or offering with the intent to cancel the bid or offer before execution. The order […]

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Coin Dealer Arrested for Stealing More Than $330,000 in Cross-Country Scheme

By Nassau County District Attorney’s Office …… Nassau County District Attorney Madeline Singas announced that a coin dealer from Fort Salonga was arraigned on Wednesday, September 11 for a $330,000 cross-country coin consignment and sale scheme that targeted coin dealers and private collectors from California, Michigan, Ohio and Long Island. Harold Adamo, 53, was arraigned […]

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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 and historical significance of all coinage to preserve the past as best as possible. PNG also is offering to assist anyone who suspects he or she unwittingly purchased a doctored coin. […]

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NCIC: Counterfeit Carson City Dollars, California Vehicle Burglaries

By Doug Davis – Founder & President, Numismatic Crime Information Center (NCIC) …… Counterfeits The Numismatic Crime Information Center (NCIC) has received two reports involving the sale of Carson City dollars to a subject identified as Jacob Zulch out of Gratiot, Michigan and Port Huron, Michigan. The subject returned the coins, but the ones he […]

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NCIC: Missing and Stolen Coins, Bad Check Update

By Doug Davis – Founder & President, Numismatic Crime Information Center (NCIC) …… Vehicle Burglary A dealer traveling in the Tarpon Springs, Florida area stopped at a store for a short period of time and when he returned to his vehicle it had been burglarized. The following coins were stolen: 30 Gold American Eagles (raw) […]

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Managers of California-Based Global Gold Exchange Plead Guilty to Money Laundering

By United States Attorney’s Office, Southern District of California …… Global Gold Exchange, LLC and its managers, Jeffrey Morrow and Richard M. Owen, pleaded guilty in federal court on August 2 to multiple financial crimes, admitting that they laundered money through their unlicensed money transmitting business by falsely reporting cash transactions as sales of “gold” […]

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Mexican Mint $2.5 Million Gold Coin Robbery Days After Brazil Gold Heist

Over $2.5 Million in Gold Coins Taken From Casa de Moneda   By CoinWeek News Staff …. Yesterday in Mexico City, two men (one of them armed) robbed a branch of the Casa de Moneda of more than $2 million worth of commemorative gold coins and other valuables. According to the Secretary of Public Security […]

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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 against Monex Deposit Company and its affiliated companies and principals. The Ninth Circuit held that the district court erred in dismissing the case, and ruled that the CFTC’s charges of […]

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Two Former Precious Metals Traders Admit To Manipulation at New York Banks

By Commodity Futures Trading Commission …… On Thursday, July 25, the U.S. Commodity Futures Trading Commission issued two orders filing and settling charges against former precious metals traders at separate financial institutions who entered into formal cooperation agreements with the CFTC’s Division of Enforcement and admitted to spoofing and manipulative conduct in the futures markets. […]

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Recovered Coins, Fraudulent Checks: Updates From Numismatic Crime Information Center

By Doug Davis – Founder & President, Numismatic Crime Information Center (NCIC) …… Recovered Coins The Central Wisconsin Narcotics Task Force is requesting assistance in identifying an offense/victim involving the coins pictured below. The coins were located in a vehicle operated by a known narcotics user. Anyone with information please contact Michael Allard of the […]

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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, was sentenced July 9 to 30 months in federal prison for carrying out a counterfeit coin fraud scheme in multiple states. In addition, Judge Wilhelmina M. Wright, U.S. […]

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Burglaries Show Need for Coin Shops to Take Precautions: NCIC

By Doug Davis – Founder & President, Numismatic Crime Information Center (NCIC) …… Crime Prevention Information Although the following information concerns jewelry stores, the Numismatic Crime Information Center (NCIC) recently received two reports of coin shops having the power cut to their business. During the past two months, numerous jewelry stores across the country have […]

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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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NCIC: Coins Stolen From Mail, Fraudulent Checks to Coin Dealers

By Doug Davis – Founder & President, Numismatic Crime Information Center (NCIC) …… Lost/Stolen USPS The following notes being shipped via USPS have been reported stolen/lost. Michigan The following note was shipped on May 17, 2019 from Pennsylvania to Michigan but was never received by the recipient: Series 1928 Red Seal $2 United States Note […]

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Nationwide Jewelry Store Burglars Disabling Alarm Systems: NCIC

By Doug Davis – Founder & President, Numismatic Crime Information Center (NCIC) …… NATIONWIDE PATTERN OF BURGLARS CUTTING POWER LINES TO JEWELRY STORES TO DISABLE ALARM SYSTEMS In the past 37 days, there have been reports of over 30 burglary cases of jewelry stores across the country. In all cases, the power lines have been […]

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Counterfeit Coins Detection – Fake $5 Indian Lacks Details

Counterfeit Coins – Reverse of a Denver Mint Indian Half Eagle By  Numismatic Guaranty Corporation …… The missing details on this $5 Indian reveal it to be in the category of counterfeit coins. One common technique used by authenticators  on the lookout for counterfeit coins is to assess a coin’s level of detail. This can […]

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Suspects Wanted in Coin Shop Robberies: NCIC

By Doug Davis – Founder & President, Numismatic Crime Information Center (NCIC) …… Stolen Gold Coins-Coin Shop On May 10,2019 two suspects, male and female, entered Willard Coin Exchange in Mansfield, Ohio and requested to see gold coins from a showcase. While the male suspect looked at the gold, the female browsed in the shop. […]

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Owners of Rust Rare Coins Receive Criminal Indictments for Alleged Ponzi Scheme

By CoinWeek News Staff …. On Wednesday, May 8, a federal grand jury in the U.S. District Court for the District of Utah returned six criminal indictments against a family at the middle of an alleged $200 million Ponzi scheme. Husband and wife Gaylen Dean Rust and Denise Gunderson Rust of Layton, both 59 years […]

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CoinWeek Podcast #114: Coin Shop Theft

 CoinWeek Podcast #114: Coin Shop Theft Mobile phone users. Stream this podcast for free by downloading the podomatic app or subscribe to the CoinWeek Podcast on iTunes. On April 7, coin dealer Chris Lyche was alerted that his brick and mortar coin shop, GSA Coins & Jewelry, had been robbed. Despite installing a new security system and taking every […]

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Suspect in Organized Coin Shop Theft Ring Arrested: NCIC

By Doug Davis – Founder & President, Numismatic Crime Information Center (NCIC) …… Missing/Stolen-FedEx Rare Coin Company of America (Rarcoa) recently had a package with six coins routed to Wisconsin that fell off the shipping grid. The package was sent via FedEx and its original destination was Houston, Texas. Missing/Stolen Coins: 1927 $20 SAINT MOTTO […]

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United States and Cooperating Gold Refinery Enter Agreement After Money Laundering Investigation

By Federal Bureau of Investigation …… Miami-based, gold refinery Republic Metals Corporation (RMC) executed a non-prosecution agreement with the United States Attorney’s Office for the Southern District of Florida after cooperating in an investigation focusing on money laundering and violations of the Bank Secrecy Act in the gold importation and refining industry. Under the terms […]

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Mail Theft, Michigan Coin Shop Robbery Among Recent Numismatic Crimes: NCIC

By Doug Davis – Founder & President, Numismatic Crime Information Center (NCIC) …… USPS Thefts Chicago Area An express mail package containing a large number of slabbed and raw dollars was shipped on April 9, 2019, from California to Illinois. Upon arrival, the recipient advised the package had been opened and re-taped using express mail […]

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NCIC: Theft of Gold Bullion, Coins Among Recent Numismatic Crimes

By Doug Davis – Founder & President, Numismatic Crime Information Center (NCIC) …… USPS – Theft of Coins/Bullion Two Express Mail packages were dropped off at a post office in Sarasota, Florida on April 1, 2019. Both packages were scanned but only one left the facility and was delivered to the correct recipient. It appears […]

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Oregon Man Sentenced to Seven Years Federal Prison for Defrauding Investors in Ohio Gold Mine

By Federal Bureau of Investigation ……   Harry Dean Proudfoot III, 79, formerly a resident of Tigard, Oregon, was sentenced on Tuesday, April 9, to 84 months in federal prison and three years’ supervised release for running a fraudulent gold mining investment scheme and stealing approximately $4 million from more than 140 investors. According to […]

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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 other numismatic items through the site were reporting that bidders were receiving fake invoices and “second chance offers” via email that falsely claim to be from the aforementioned auctioneers and […]

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Former Precious Metals CEO in Contempt of Court for Failure to Pay Restitution to Fraud Victims

By Commodity Futures Trading Commission …… The U.S. Commodity Futures Trading Commission (CFTC) announced today that on March 18, 2019, District Judge James Lawrence King of the U.S. District Court for the Southern District of Florida entered an order finding Coral Gables, Florida resident Robert Escobio in contempt (“Contempt Order”) for failing to pay more […]

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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 with the NYPD Major Theft Unit to identify gold and jewelry theft victims that involved the person pictured below. The subject has been traveling across the US targeting […]

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NCIC: Finest Known of Only Six Aluminum Morgan Dollars Missing or Stolen

Recent Alerts From the Numismatic Crime Information Center   By Doug Davis – Founder & President, Numismatic Crime Information Center (NCIC) …… Missing/Stolen – Rare Finest Known Aluminum Morgan A registered USPS package has been reported missing/stolen. The package contained the following coin: 1885 Edge Lettered Aluminum Snowden $1 Morgan, PCGS PR68 Cameo Judd-1749 CAC. […]

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Mark Olsen Mining Company to Pay Over $3.6 Million to Fraud Victims: CFTC

By Commodity Futures Trading Commission …… The Commodity Futures Trading Commission (CFTC) announced today that a federal court in Florida has entered an Order of Final Judgment by Default (Final Judgment Order) and an Order Granting Motion for Final Default Judgment (collectively, Orders), against Betty Lea Grimes of Boca Raton, and the precious metals firm […]

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CFTC: Federal Court Orders Precious Metals Dealer to Pay Over $2.3 Million for Fraud

By Commodity Futures Trading Commission ….. The Commodity Futures Trading Commission (CFTC) today announced that the U.S. District Court for the Southern District of New York entered an Order of Default Judgment and Permanent Injunction against Royal Metals Group, LLC (RMG), and its member, manager and part owner, Chelsea Gless of Iowa (collectively, “defendants”) for […]

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Precious Metals Dealer Ordered to Pay More Than $8 Million for Fraud and Misappropriation

By Commodity Futures Trading Commission ….. The Commodity Futures Trading Commission (CFTC) announced on March 4 that a Florida federal court ordered Carlos Javier Ramirez and his companies, Royal Leisure International, Inc. (RLI) and Gold Chasers, Inc. (GCI), to pay restitution and civil monetary penalties for fraudulently soliciting customers to purchase physical gold and misappropriating […]

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Recent Numismatic Crime You Should Be Aware Of – Stay Alert

By Doug Davis – Founder & President, Numismatic Crime Information Center (NCIC) …… USPS Losses The following two offenses have been reported stolen/missing. #1 The following two coins were sent priority mail from Carson City, Nevada to Fort Worth, Texas. They have been reported missing/stolen: #2 A registered package being sent from Honolulu to Redondo […]

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Minnesota Man Pleads Guilty to Selling Counterfeit Coins, Committing Mail Fraud

Barry Ron Skog, 68, of Burnsville, Minnesota, pleaded guilty February 21 to one count of selling counterfeit coins and one count of mail fraud in the United States District Court of Minnesota in St. Paul. Skog faces a potential maximum sentence of 15 years imprisonment on the count of selling counterfeit coins and a potential […]

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Court Imposes $15.7 Million Penalty, Lifetime Ban Against Precious Metals Dealer Hannes Tulving

By Commodity Futures Trading Commission ….. In 2015, the CFTC Charged California Resident Hannes Tulving, Jr. and His Firm with Misappropriation and Fraudulent Solicitation in a Precious Metals Scheme that Defrauded at Least 381 Customers Nationwide * * * The Commodity Futures Trading Commission (CFTC) announced today that Judge Robert J. Conrad Jr. of the […]

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Nominate an Anti-Counterfeiting Crusader for Prestigious Honor

Do you know someone who has actively helped in the fight against counterfeit coins, banknotes and/or fake third-party encapsulation holders the past year? The Anti-Counterfeiting Educational Foundation (ACEF) is seeking nominees for its third annual Alan Kreuzer Memorial Award. “This award is a prestigious honor to recognize the vigorous the vigorous anti-counterfeiting efforts of collectors, […]

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Sentencing Date Changed for Importer of Counterfeit Coins, Holders

April 25 is the new date for Kirschner’s sentencing hearing   U.S. District Court Judge Robert B. Kugler had been scheduled to sentence Jonathan A. Kirschner on February 5 for his admitted crimes of falsely impersonating an agent of the Bureau of Alcohol, Tobacco, Firearms, and Explosives (ATF) and of unlawfully importing counterfeit coins and […]

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Stay Alert – Recent Numismatic Crime You Should Be Aware Of

By Doug Davis – Founder & President, Numismatic Crime Information Center (NCIC) ……   Suspects Change Theft Pattern/MO During the past 45-60 days, NCIC has seen a change in the pattern and MO of Roma gang suspects. It is evident that these individuals are beginning to target smaller shows. Coin show dealers and promoters should […]

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NCIC to Conduct Law Enforcement Training at Long Beach Expo

LAW ENFORCEMENT TRAINING NCIC will be conducting a “Numismatic Crime Investigations” class to law enforcement investigators during the Long Beach Expo The Long Beach Expo will be the host for an in-depth Numismatic Crime Investigations class on January 31, 2019, in Long Beach, California. The class will be presented by the Numismatic Crime Information Center […]

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Pedigrees & Hoards: The Binion Hoard

By Rick Bretz for CoinWeek …. The Binion Hoard offers the collector a variety of ways to collect coins, currency and memorabilia like ashtrays, dice, gambling equipment, photos, casino chips, etc. A collector could assemble a traditional date/mintmark set, or he could choose to assemble a set of the various souvenir items available. But first, […]

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Pedigrees & Hoards: The Binion Hoard

By Rick Bretz for CoinWeek …..   The Binion Hoard offers the collector a variety of ways to collect coins, currency and memorabilia like ashtrays, dice, gambling equipment, photos, casino chips, etc. A collector could assemble a traditional date/mintmark set, or he could choose to assemble a set of the various souvenir items available. But […]

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Help NCIC Fight Numismatic Crime

By Doug Davis – Founder & President, Numismatic Crime Information Center (NCIC) …… The Numismatic Crime Information Center (NCIC) was established in 1986 to coordinate and collaborate initiatives between law enforcement and the numismatic community in “Targeting Numismatic Crimes Around the World”. NCIC is devoted exclusively to assisting law enforcement and victims during the investigation […]

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CFTC Charges Additional Defendants in $200 Million Precious Metals Ponzi Scheme

By Commodity Futures Trading Commission ….. The Commodity Futures Trading Commission (CFTC) and the Utah Department of Commerce, Division of Securities, through its Attorney General (State of Utah) filed an amended complaint alleging that Denise Gunderson Rust (Denise Rust) and Joshua Daniel Rust (Joshua Rust) actively participated and aided and abetted, in a precious metals […]

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Stay Alert – Recent Numismatic Crime You Should Be Aware Of

By Doug Davis – Founder & President, Numismatic Crime Information Center (NCIC) …… Traveling Suspect The suspects pictured were in Grants Pass, Oregon yesterday mid-morning and responsible for stealing $7,000 in gold coins. At approximately 4pm the same suspects were in a shop in Redding, California approximately 200 miles away. The owner contacted the Numismatic […]

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Rhode Island Man Charged With Manufacturing Counterfeit Money

By United States Attorney’s Office, District of Rhode Island …… A Pawtucket, Rhode Island man, previously convicted and incarcerated for producing counterfeit casino coins, was arrested at his Pawtucket residence on Friday, December 8 and made an initial appearance before U.S. District Court Magistrate Judge Lincoln D. Almond on charges that he allegedly possessed equipment […]

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Former Twin Cities Bullion Coin Dealer Indicted for $1.1 Million Fraud Scheme

By Minnesota Commerce Department ……   The Minnesota Commerce Department announced that a federal grand jury in the Western District of Wisconsin (Madison) has returned an indictment against a former Twin Cities area bullion coin dealer. Jamie Lee Smith, 41, of Baldwin, Wisconsin, was charged on November 28 in a 23-count indictment with wire fraud, […]

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Iran Executes “Sultan of Coins” for Hoarding Gold Coins

Special courts set up in August have handed out multiple death sentences in similar cases By CoinWeek News Staff ….   Two weeks ago, international news agencies reported that Iran had executed two men for hoarding gold coins. As part of a larger effort to control the Iranian economy after reimposed sanctions by the United […]

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Anti-Counterfeiting Task Force Moves to Foundation

By Industry Council for Tangible Assets (ICTA) …… The Industry Council for Tangible Assets (ICTA) and the Anti-Counterfeiting Educational Foundation (ACEF) have jointly announced an agreement to transfer the Anti-Counterfeiting Task Force (ACTF) and the position of director of anti-counterfeiting from ICTA to the non-profit 501-C-3 foundation. The transfer became effective November 15. The volunteer […]

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CFTC, State of Utah Charge Precious Metals Dealer in $170 Million Ponzi Scheme

By Commodity Futures Trading Commission …..   The Commodity Futures Trading Commission (CFTC) and the Utah Department of Commerce, Division of Securities, through its Attorney General, jointly filed a civil enforcement action in the U.S. District Court for the District of Utah, Central Division, against Defendants Gaylen Dean Rust (Rust) and Rust Rare Coin, Inc. […]

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Thompson Reaches Settlement to Give up Missing Gold

By CoinWeek News Staff …. On Wednesday, November 14, former treasure hunter Tommy Thompson reached a settlement in Franklin County Common Pleas Court in Columbus, Ohio concerning the 13-year-old lawsuit brought against him by one of the original investors in his efforts to salvage the site of the 1857 wreck of SS Central America. The […]

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Stay Alert – Recent Numismatic Crime You Should Be Aware Of

By Doug Davis – Founder & President, Numismatic Crime Information Center (NCIC) …… Vehicle Burglary, Inventory Stolen The owner of Coin Castle Coins was the victim of a vehicle burglary while traveling home after a recent Chattanooga coin show. The victim had stopped in Hurricane Mills, Tennessee and unknown person or persons smashed the back […]

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NCIC Takes Numismatic Crime Investigations Class to Beaumont, Texas

Jefferson County Sheriff’s Office Requests and Hosts Numismatic Crime Class for Investigators and Surrounding Agencies The Jefferson County Sheriff’s Department will host an in-depth Numismatic Crime Investigations class on October 12, 2018 in Beaumont, Texas. The class will be presented by the Numismatic Crime Information Center and will provide attendees with the basic skills, knowledge […]

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Sir Isaac Newton Really Hated Coin Countefeiters…… Really!

Sir Isaac Newton and Coins By Everett Millman – Gainesvillecoins.com ……. Contemporary scholarship has introduced a number of new mysteries regarding history’s most famous “natural philosopher” (i.e. scientist), Sir Isaac Newton. Some of these new revelations point toward his fascination with alchemy as well as the Holy Scripture. However, one thing about Newton is unequivocal: He […]

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Recent Numismatic Crime you should be aware of – Stay Alert !

The Following reports are distributed by The Numismatic Crime Information Center run by Doug Davis.  Anyone with information on ANY of these crimes should contact: Doug Davis 817-723-7231 or email him at Doug@numismaticcrimes.org July 30, 2018 Traveling Theft Suspects The following suspects may be part of a traveling group and have committed several coin thefts for […]

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Update in Theft of 100 Kilo Big Maple Leaf Gold Coin

No sign of the 100 Kilo Maple Leaf Gold Coin , worth over $4 million US By CoinWeek News Staff …. UPDATE, 7/26/2018: According to reports in the Daily Mail, along with articles in German publications the Sächsische Zeitung, the Focus magazine, the Tagesspiegel and the Deutsche Wirtschaftsnachrichten., a Lebanese Crime Family ( The Remmo Family) is believed to be behind the […]

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Counterfeit Banknotes – The Story of Czeslaw Bojarski

Counterfeit Banknotes – By Ethan Bickford, PMG Researcher …….. One of the most successful makers of counterfeit banknotes of the 20th century was Czeslaw Bojarski and he preferred to work alone. We have many prefabricated images in our heads of counterfeit banknotes operations; massive mafia printing operations in some dingy cellar in the city, massive […]

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Numismatic Crime Information Center Update for July 13, 2018

By Doug Davis – Founder & President, Numismatic Crime Information Center (NCIC) …… Vehicle Burglary in Boca Raton Boca Raton, Florida detectives are investigating a vehicle burglary that occurred in the early morning hours of June 16, 2018 at the Hampton Inn in Boca Raton. The following coins were stolen: 2 Gold American Eagles (0.5 […]

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Seller of Counterfeit NGC Holders Brought to Justice

Numismatic Guaranty Corporation® (NGC®) reports that a seller of counterfeit coins in counterfeit NGC holders has pleaded guilty to importing counterfeit coins and bars into the United States. The charge carries a maximum sentence of 15 years in prison. NGC first became aware that Jonathan Kirschner of Moorestown, New Jersey, was selling counterfeit NGC holders […]

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Silver, Gold American Eagles Most Counterfeited Bullion Coins: ICTA

By Industry Council for Tangible Assets ……   Since 1986 when the United States Mint first introduced silver and gold American Eagle bullion coins, they have been top sellers in the United States as well as around the world. A new survey conducted by the Anti-Counterfeiting Task Force (ACTF) indicates the popular U.S. bullion coins […]

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Coin Shop Robbery Policy and Procedures – A Risk Assessment

By Numismatic Crime Information Center …….   The recent alert sent out by the Numismatic Crime Information Center (NCIC) showed graphic photos of the recent armed robbery of Fort Worth Coin Company in Fort Worth, Texas. The incident illustrates the risk of operating a brick-and-mortar business. It is imperative that shop owners have robbery policy […]

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Numismatic Crime Investigations Class for Law Enforcement at ANA Philadelphia World’s Fair of Money

The Numismatic Crime Information Center (NCIC) will offer a one-day training class on “Numismatic Crime Investigations” for local, state and federal law enforcement officers during the ANA World’s Fair of Money August 14-18, 2018 in Philadelphia, Pennsylvania. The eight-hour class is designed to provide law-enforcement personnel–including patrol officers, detectives, investigators and prosecutors–with the fundamental investigative […]

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Mark Olsen Mining Company, Manager Charged with Illegal Precious Metals Transactions

By Commodity Futures Trading Commission ….   On June 12, the Commodity Futures Trading Commission (CFTC) filed a civil enforcement action charging Florida-based Defendants Mark Olsen Mining Company (MOMC) and Betty Lea Grimes with engaging in illegal, off-exchange transactions in precious metals with retail customers on both a fully paid as well as a leveraged, […]

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CFTC Charges Omega Knight 2, LLC, Owner with $5.5 Million Precious Metals Fraud

By Commodity Futures Trading Commission …. The Commodity Futures Trading Commission (CFTC) filed a civil enforcement action for CFTC Charges Omega Knight 2, LLC, Owner with $5.5 Million Precious Metals Fraud in the U.S. District Court for the Southern District of Florida against Defendants Omega Knight 2, LLC (Omega Knight), its owner and president, Aviv Michael […]

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Numismatic Crime Information Center Update for May 29, 2018

By Doug Davis – Founder & President, Numismatic Crime Information Center (NCIC) ……   USPS Lost/Stolen The coins listed below have been reported lost/Stolen. The coins were sent via USPS and the last known location was San Diego, California: 1891-CC Top 100 VAM 3 Spitting Eagle Morgan Dollar NGC AU-58 07779158004653665003 1891-CC Top 100 VAM […]

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Numismatic Crime Information Center Update for May 7, 2018

By Doug Davis – Founder & President, Numismatic Crime Information Center (NCIC) …… Residential Burglary Investigators with the Medina, Minnesota police department are investigating a burglary where someone entered a residence and stole more than $27,000 worth of uncirculated Presidential dollar and Kennedy half dollar coins. The dollars were 2007-2017 and the halves were from […]

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Numismatic Crime Information Center Update for May 7, 2018

By Doug Davis – Founder & President, Numismatic Crime Information Center (NCIC) ……   Residential Burglary Investigators with the Medina, Minnesota police department are investigating a burglary where someone entered a residence and stole more than $27,000 worth of uncirculated Presidential dollar and Kennedy half dollar coins. The dollars were 2007-2017 and the halves were […]

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Bullion Dealer Charles Mcallister Charged with Fraud & Money Laundering

By Commodity Futures Trading Commission …… The Commodity Futures Trading Commission (CFTC) filed a federal civil enforcement action in the U.S. District Court for the Western District of Texas against Defendant Charles H. McAllister, of Auburn, Alabama, charging him with fraud and misappropriation in connection with contracts of sale of precious metals through his company, […]

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Former Northwest Territorial Mint President Ross Hansen Indicted for Fraud

Along with Former Vault Manager, Former Northwest Territorial Mint President Ross Hansen was indicted for Defrauding Customers with False Promises about Bullion Delivery, Storage, & Leasing; Over 3,000+ Customers may have lost more than $25 Million By United States Attorney’s Office, Western District of Washington ……   The former President and CEO and the former vault […]

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CoinWeek News Wire for April 6, 2018: Twit on Bitcoin, Fake Banknotes, Gold Caper

Coinweek News Wire for April 6, 2018 …. Current Events 1.) Filipinos Not Happy With New Coin Designs Even with this breakdown, it’s obvious that it’s not going to be easy to distinguish which coin is which. All have similar colors, identical layouts, and some are only a few millimeters bigger than others. For example, the PHP10 […]

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Numismatic Crime Information Center Tip Leads to Arrests in Rob Gronkowski Super Bowl Break-in

Two proof Morgan dollars were stolen from the home of  football star Rob Gronkowski as he played in Super Bowl LII While New England Patriots tight end Rob Gronkowski was busy playing in Super Bowl LII on February 5, suspects were busy burglarizing his home, which he shared with three other individuals. The suspects stole […]

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Hotel Scam Alert – Philadelphia ANA World’s Fair of Money Hotels

Did you receive an email or call trying to sell you a Philadelphia World’s Fair of Money hotel room?  The ANA did not authorize this. This is a hotel scam alert …… A scam has come to our attention that a third-party booking company inaccurately representing itself as our hotel vendor is contacting ANA members, […]

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CoinWeek News Wire for March 2, 2018: Elon Musk Cryptoking? Gold Underfoot…

By Coinweek Coin News Wire …. Coin News Wire for March 2, 2018 Current Events 1.) New Jim Thorpe one-dollar coins selling out fast The people of Jim Thorpe were lining up to get the newest coin from the US Mint. The Jim Thorpe Neighborhood Bank has already sold out of a 3,000-coin shipment it received […]

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Postal Inspectors, FedEx, District Attorney Investigators and Banking Investigators to Attend ANA Law Enforcement Seminar

Numismatic crime offenses related to USPS and FedEx shipments continue to plague the numismatic industry and in most cases are frustrating to the victims. The immediate challenge in these type of offenses is determining which law enforcement agency federal or local takes the lead role. The Numismatic Crime Information Center is addressing these issues along with other […]

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CoinWeek News Wire for Feb. 9, 2018: Germans Love Cash, Inside Jobs, Crypto Crash…

By Coinweek Coin News Wire …. Coin News Wire for February 9, 2018 Brain Food 1.) Digital != crypto != virtual I suspect that the Telegraph’s confusion may have arisen because of the tendency amongst management consultants (and others) to conflate the two entirely different kinds of electronic money: a cryptocurrency and a digital currency are […]

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CoinWeek News Wire for Feb. 2, 2018:

By Coinweek Coin News Wire …. Coin News Wire for February 2, 2018 Brain Food 1.) When paper money was as risky as bitcoin The first paper money notes in these parts were issued by the Massachusetts Bay Colony in 1690. That caught the attention of London. In 1740, when the Massachusetts Land Bank wanted to […]

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CoinWeek News Wire for January 26, 2018: Buy the Book Before your Buy the Bitcoin….

By Coinweek Coin News Wire …. Coin News Wire for January 26, 2018 Brain Food 1.) This is the reason why only dead people can be featured on American currency In 1866, Congress issued an act stating that no living person can be portrayed on American currency. Our Founding Fathers believed it was unpatriotic for living […]

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CoinWeek News Wire for January 19, 2018: HODL or Buy Gold? Coinage Contraband…

By Coinweek Coin News Wire …. Coin News Wire for January 19, 2018 Brain Food 1.) Who Really Designed the American Dime? …[I]t takes a keen eye to see the very subtle “JS” just beneath Franklin D. Roosevelt’s truncated neck. These are the initials of John Sinnock, the U.S. Mint’s Chief Engraver from 1925 to 1947, […]

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Gold & Silver PAC January 2018 e-Newsletter:

By Scott Barman for the Gold & Silver PAC ….. Gold & Silver News From the Political Coordinator HAPPY NEW YEAR! A new year not only marks the beginning of the year but also a chance for a new beginning. For states whose legislature is part-time based on the state constitution, the sessions begin in earnest […]

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Four Peruvian Members of Multi-Billion Dollar, International Gold Money Laundering Scheme Indicted

By Federal Bureau of Investigation …. EDITORS NOTE – CoinWeek reported on this investigation on April 17, 2017. You can read that article here ….. Four Peruvian citizens were indicted for their alleged involvement in a multi-billion dollar, international gold money laundering scheme. On November 16, 2017, Pedro David Perez Miranda, a/k/a “Peter Ferrari,” a/k/a “Peter,” […]

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CoinWeek News Wire for December 29, 2017: Fake $100s, What is Crypto, Trump Challenge Coin

By Coinweek …. CoinWeek News Wire for December 29, 2017 Brain Food 1.) The economics of the Bitcoin payment system Unlike other payment systems, Bitcoin is a two-sided platform with pre-specified rules. Its two main constituencies are the users who hold balances and engage in electronic transactions, and miners who maintain the system’s infrastructure. A […]

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Mintco, Owners to Pay $340,000 for Illegal Precious Metals Transactions: CFTC

By Commodity Futures Trading Commission ….   The Commodity Futures Trading Commission (CFTC) obtained three related Consent Orders of Permanent Injunction against Defendants Mintco LLC of Delray Beach, Florida, and its owners Stuart Rubin of Fort Lauderdale, Florida, and Richard Q. Zimmerman of Wellington Florida, finding that all Defendants engaged in illegal off-exchange precious metals […]

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Bitcoin & Cryptocurrency – CFTC Launches Virtual Currency Resource Web Page

By Commodity Futures Trading Commission Bitcoin web page…. On December 15, the U.S. Commodity Futures Trading Commission (CFTC) launched a virtual currency resource web page, cftc.gov/bitcoin. This dedicated page is a central repository for Commission-produced resources about virtual currency, and is designed to educate and inform the public about these commodities, including the possible risks associated […]

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CoinWeek News Wire for December 15, 2017: Christmas Gold Coins, Bitcoin News, Greek Coins

By Coinweek …. CoinWeek News Wire for December 15, 2017 Brain Food 1.) Ancient Jewish Coins – Fame, Fortune and Fakes Did you get gelt? No, not the chocolate kind but honest-to-goodness gelt. Maybe you were lucky to receive a genuine Judaean coin for Chanukah. Or a medallion from the early years from the State […]

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Gold & Silver PAC December 2017 e-Newsletter: GOP Tax Bill Alert

By Scott Barman for the Gold & Silver PAC ….. Gold & Silver News From the Political Coordinator The most talked about and most complicated bill to analyze has been H.R. 1, the Tax Cuts and Jobs Act. While a lot of information has been talked about in the media, there have been many groups behind […]

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Thompson Remains in Jail While Court OKs Sale of SS Central America Gold

  By CoinWeek News Staff …. After a quick morning hearing on Thursday, November 30, Franklin County, Ohio Common Pleas Judge Laurel Beatty-Blunt signed an order approving the sale of $30 million worth of gold, gold coins and other items recovered from the site of the 1857 shipwreck of SS Central America. The approximately 16,000 […]

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CoinWeek News Wire for November 23, 2017: Bitcoin Nyet, and Speaking of Crime…

By Coinweek ….   CoinWeek News Wire for November 23, 2017 Brain Food 1.) Patriotic collectors boost market for ancient Chinese artefacts Following the fashions to buy western art and classic wristwatches, historical Chinese artefacts are now the must-have item for the country’s wealthy collectors who are snapping up maps, books and other objects that […]

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CoinWeek News Wire for November 17, 2017: Fountains of Ruin, Blockchain Blues, In Broad Daylight…

By Coinweek ….   CoinWeek News Wire for November 10, 2017 Brain Food 1.) Boise’s Assay Office played an important role for the whole nation Between 1861 and 1866, Idaho Territory produced about $52 million in gold ($728 million in today’s dollars). As the sheer volume of gold to be tested increased, the nearest facility […]

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Recovery of Sunken Gold Only Means to Keep Thompson’s Freedom Hopes Afloat

By CoinWeek News Staff …. As part of the long-running legal saga involving former treasure hunter Tommy Thompson, attorney Ira O. Kane, the court-appointed receiver representing Recovery Limited Partnership and Columbus Exploration LLC, has asked a state judge in Ohio to approve the sale of gold recovered from the SS Central America shipwreck. If approved, […]

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CoinWeek News Wire for November 3, 2017: Bitcoin Bound and the RCM Counterfeit Gold Mystery

By Coinweek …. CoinWeek News Wire for November 3, 2017:  Brain Food 1.) The Ideal Auction Preston McAfee, Chief Economist at Microsoft, explains the different kinds of auctions, how they work, what the pros and cons are, and why we don’t have auctions for everything we buy. Truly fascinating stuff. But where it gets deep […]

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CoinWeek News Wire for October 27, 2017: The Bitcoin Revue, Vending Machines for Crows

By Coinweek …. CoinWeek News Wire for October 27, 2017:  Brain Food 1.) Coin stash that puts new spin on China’s 100 years of humiliation Inside a nondescript Hong Kong warehouse sit seven tons of Qing dynasty coins – proof, their owner says, that it was the imperial monetary system, not the opium trade, that […]

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Former NJ Coin Dealer Gets 15 Months in Prison for Income Tax Evasion

By U.S. Attorney’s Office ….. A former resident of Old Tappan, New Jersey, was sentenced on October 20, 2017 to 15 months in prison for evading personal income taxes on more than $400,000 in income in 2013, Acting U.S. Attorney William E. Fitzpatrick announced. William Dominick, 69, of Collier County, Florida, previously pleaded guilty before […]

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CoinWeek News Wire for September 22, 2017: Nanotechnology, Coin Thievery, and Gold

By Coinweek …. CoinWeek News Wire for September 22, 2017: Brain Food 1.) The ATM at 50: How it’s changed consumer behavior The wide acceptance of the ATMs changed the types of cash Americans typically carry in the pocketbooks. Since ATMs became more widely available in the early 1980s, the $20 bill has regularly been […]

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CoinWeek News Wire for September 22, 2017: Nanotechnology, Coin Thievery, and Gold

By Coinweek …. CoinWeek News Wire for September 22, 2017: Brain Food 1.) The ATM at 50: How it’s changed consumer behavior The wide acceptance of the ATMs changed the types of cash Americans typically carry in the pocketbooks. Since ATMs became more widely available in the early 1980s, the $20 bill has regularly been […]

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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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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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CFTC Files Complaint Against Monex Alleging $290 Million Fraud

One of the largest cases of fraud the CFTC has ever dealt with, according to new lawsuit By CoinWeek News Staff …. On Wednesday, September 6, the Commodity Futures Trading Commission (CFTC) filed a civil injunction against three associated precious metals trading companies and the father and son partners who run them. The three companies, […]

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Minnesota Man Charged with Felony for Selling Counterfeit Coins

By Industry Council for Tangible Assets ….. A 28-year-old man from Waite Park, Minnesota, on September 25 is expected to respond to a felony charge for theft-by-swindle stemming from selling counterfeit coins to three pawn shops in the greater Minneapolis area. Eric Michael Johnson, identified in a complaint filed July 31 in Minnesota’s Seventh Judicial […]

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Minnesota Man Charged with Felony for Selling Counterfeit Coins

By Industry Council for Tangible Assets …..   A 28-year-old man from Waite Park, Minnesota, on September 25 is expected to respond to a felony charge for theft-by-swindle stemming from selling counterfeit coins to three pawn shops in the greater Minneapolis area. Eric Michael Johnson, identified in a complaint filed July 31 in Minnesota’s Seventh […]

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CoinWeek News Wire for September 1, 2017: Fake Gold, Fake Coins, and Fort Knox

By Coinweek ….   CoinWeek News Wire for September 1, 2017: Brain Food 1.) Scrooge McDuck and Switzerland For almost 400 years, kreuzers were probably the most important small coins being circulated every day in Switzerland. It was not only a method of payment, but was also used to measure the value of other coins. […]

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Longtime Con Man Gets 8 Years in Federal Prison for $3 Million Gold Investment Scheme

By Federal Bureau of Investigation ….   A Beverly Hills man who has a long history of swindling investors and admitted most recently to participating in a scheme involving bogus gold contracts – and giving fake gold bars as “collateral” to victims – has been sentenced to 96 months in federal prison. Mark Ross Weinberg, […]

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CoinWeek News Wire for August 25, 2017: Coins, Guns, and Fort Knox

By Coinweek ….   CoinWeek News Wire for August 25, 2017:  Under the Radar 1.) King Rama IX commemorative coins unveiled A portrait of the late monarch in court regalia appears on one side of the coins along with his name in Thai. On the reverse are a depiction of the crematorium being erected at […]

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FOUND: 100 Kilo Gold Maple Leaf Coin Stolen from Berlin Museum Melted Into Gold Bar

By CoinWeek News Staff …. Police involved in the July 12 raids in relation to the March theft of the 100 kg “Big Maple Leaf” gold coin from the Bode Museum in Berlin are reporting that a 100 kg gold bar was recovered during those raids in the Neukölln district. One of the four minor […]

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Texas Man Arrested for Fraud Involving Rare Coins

Worked for different coin companies in Beaumont over a period of five years By CoinWeek News Staff ….   Last Wednesday on July 12, the United States Attorney’s Office for the Eastern District of Texas announced that 42-year-old Wesley Judy Pollard, Jr. of Beaumont had been arrested earlier that day on allegations of federal mail […]

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German Police Make Arrests in Theft of 100 Kilo Big Maple Leaf Gold Coin

No sign of the “Big Maple Leaf”, worth over $4 million By CoinWeek News Staff …. Last week, German authorities released closed-circuit surveillance footage of three suspects allegedly responsible for the March 27 theft of the 220-pound “Big Maple Leaf” gold coin from the Bode Museum in Berlin. Ultimately, however, the suspects were tracked down […]

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Perth Mint Considers New Security Measures

Includes special bras for female employees By Everett Millman – Gainesvillecoins.com …… Combating counterfeits and theft are among the chief concerns facing any government mint. In an effort to both weed out and deter fakes of all sorts, many mints have begun including special security measures on their gold and silver bullion coins. Over time, […]

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Asset Management to Pay Almost $2 Million Over Illegal Precious Metals Transactions

By Commodity Futures Trading Commission ….   The U.S. Commodity Futures Trading Commission (CFTC) announced that Judge Jose E. Martinez of the U.S. District Court for the Southern District of Florida entered a Consent Order against North American Asset Management, LLC (NAAM) of Fort Lauderdale, Florida, its owner and president Alexi Bethel of Miami, Florida, […]

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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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Feds Order Kelvin Burgos to Pay More Than $486,300 for Illegal Precious Metals Transactions

By Commodity Futures Trading Commission ….   The U.S. Commodity Futures Trading Commission (CFTC) announced that Judge Cecilia M. Altonaga of the U.S. District Court for the Southern District of Florida entered a final Order of Default Judgment (Order) against Defendants Kelvin Burgos and his company K.B. Concepts Group, LLC d/b/a Apex Asset Advisors, LLC […]

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CoinWeek News Wire for May 26, 2017

By Coinweek …. CoinWeek News Wire for May 26, 2017 Brain Food 1.) How Learning to Love Coins Made the Vikings Modern The Vikings originally traded with precious metals by weight, known as a “bullion economy.” They accepted coins from other nations, but only as their weight value in gold or silver. As the Vikings […]

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CoinWeek News Wire for May 26, 2017

By Coinweek ….   CoinWeek News Wire for May 26, 2017 Brain Food 1.) How Learning to Love Coins Made the Vikings Modern The Vikings originally traded with precious metals by weight, known as a “bullion economy.” They accepted coins from other nations, but only as their weight value in gold or silver. As the […]

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Federal Court Orders More Than $1 Million in Restitution from Guardian Asset Group

By Commodity Futures Trading Commission ….   On May 23, the U.S. Commodity Futures Trading Commission (CFTC) announced that Judge Kenneth A. Marra of the U.S. District Court for the Southern District of Florida entered a Consent Order against Guardian Asset Group, LLC (Guardian) of West Palm Beach, Florida, and its owner and principal, Andrew […]

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Federal Court Orders More Than $1 Million in Restitution from Guardian Asset Group

By Commodity Futures Trading Commission …. On May 23, the U.S. Commodity Futures Trading Commission (CFTC) announced that Judge Kenneth A. Marra of the U.S. District Court for the Southern District of Florida entered a Consent Order against Guardian Asset Group, LLC (Guardian) of West Palm Beach, Florida, and its owner and principal, Andrew Kurzbard, […]

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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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FBI: Man Pleads Guilty To Coin And Jewelry Store Armed Robbery

By Federal Bureau of Investigation ….   A Las Vegas man pleaded guilty on May 17 to robbing a coin and jewelry store while pointing a gun at the elderly store owner and a customer, announced Acting U.S. Attorney Steven W. Myhre for the District of Nevada. Noah Patrick Fields, 22, pleaded guilty to one […]

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Counterfeit Detection – Die Struck Counterfeit 1916-D Mercury Dime

1916-D Counterfeit Mercury Dime By Numismatic Guaranty Corporation …… Skillful identification of counterfeit coins is essential to the hobby. Numismatic Guaranty Corporation (NGC) recently received a die struck copy of an important coin that bore tooling marks, a telltale sign of counterfeit efforts. Read on for more details. It is very easy for authenticators to […]

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CoinWeek News Wire for May 12, 2017

By Coinweek ….   CoinWeek News Wire for May 12, 2017 Current Events 1.) Indian Demonetization did not impede future black money flows: UN report The Indian government’s demonetisation measures did not impede future black money flows in new denominations, a UN report said on Monday. According to UN Economic and Social Survey of Asia […]

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CoinWeek News Wire for April 14, 2017

By Coinweek ….   CoinWeek News Wire for April 14 2017 Brain Food 1.) Test How Much You Know About Bitcoin As the world’s monetary systems teetered on the edge in late 2008, some computer whizzes sought a digital solution. As Lehman Brothers lay dying, a math-based, completely digital means of exchange known as bitcoin […]

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Cultural Property Law Leads to Arrests of Coin Collectors in Munich

By CoinWeek Staff Reports …. If the March 4 arrests of coin collectors and a coin dealer at the 50th Numismata in Munich are any indication, collectors in the United States have reason to fear that Germany’s new Cultural Property Protection law may live down to the predictions of those who signed last year’s petition […]

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Dealing With Criminals: Coin Dealers, Security Experts Weigh in on Safety at Coin Shows

Coin theft is one of the biggest threats coin dealers face, whether they are working out of a brick-and-mortar storefront or attending coin shows halfway across the country By Joshua McMorrow-Hernandez for CoinWeek.com ……   It doesn’t matter how big a show is or where it’s held, all coin shows present inherent security risks. It […]

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CoinWeek News Wire for March 10, 2017

By Coinweek …. CoinWeek News Wire for March 10, 2017 Brain Food 1.) Switzerland ranked world’s worst currency manipulator The Economist magazine placed Switzerland first in a recent ranking of currency manipulators. According to the analysis, China, commonly thought of as the world’s champion at keeping its currency’s value artificially low, appears to be doing […]

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CFTC Charges Florida Companies in Fraud Schemes Involving Gold

By Commodity Futures Trading Commission ….   The U.S. Commodity Futures Trading Commission (CFTC) today announced the filing of a federal civil enforcement action in Florida charging Defendants Carlos Javier Ramirez, Gold Chasers, Inc., and Royal Leisure International, Inc., all with last known addresses in Orlando, Florida, with misappropriating customer funds and engaging in fraudulent […]

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CoinWeek News Wire for March 3, 2017

By Coinweek …. CoinWeek News Wire for February 24, 2017 Brain Food 1.) Coins tell tales of kings, their fancies The longest reigning ruler Aurangazeb changed his monetary system so many times in his 49 years of reign that numismatist and author of the book South Asian Coins and Paper Money, Rajender Marudhar, says that […]

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CoinWeek News Wire for February 17, 2017

By Coinweek …. CoinWeek News Wire for February 17, 2017 Brain Food 1.) A walk through the coinage of ancient India “The first known coins of India, the silver bent bars of the Gandhara Janapada region (Afghanistan, which was part of India), were punch marked coins with symbols of flowers on each side dated 2500 […]

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FBI: Former New Jersey Coin Dealer Admits Identity Theft, Income Tax Evasion

By Federal Bureau of Investigation …. A former resident of Old Tappan, New Jersey, today admitted evading personal income taxes on more than $400,000 in income in 2013, U.S. Attorney Paul J. Fishman announced. William Dominick, 68, of Collier County, Florida, pleaded guilty before U.S. District Judge Anne E. Thompson in Trenton federal court to […]

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Gold & Silver PAC February 2017 e-Newsletter

By Scott Barman for the Gold & Silver PAC ….. From the Political Coordinator As I was sitting down to talk with an old friend over coffee, he turns to me and says, “I think frankly when it comes to chaos you ain’t seen nothing yet.” This Washington veteran, who began his career as an intern […]

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Crime & Fraud: Zany Stolen Coin Heist Solved

Photo from the Bristol Post By Shaquille Brissett for Gainesville Coins ….   Here’s a caper that’s perhaps more fit for the silver screen than a news site, but it’s true nonetheless. Over £33,000 (approx. $41,250 USD) in stolen coins were taken from a distribution company in the Stoke Gifford village of South Gloucestershire, England. […]

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Federal Court Orders Nevada Man to Pay $2.9 Million+ Penalty for Illegal Precious Metals Transactions

Court Earlier Entered a Default Judgment Order against Oakmont Financial, Inc. By Commodity Futures Trading Commission ….   The U.S. Commodity Futures Trading Commission (CFTC) announced that Judge William P. Dimitrouleas of the U.S. District Court for the Southern District of Florida entered an Order of Final Judgment by Default (Order) against Defendant Joseph Charles […]

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NCIC: Reward Offered for Recovery of Stolen Coins

By Numismatic Crime Information Center ……. On Friday January 6, 2017, during the FUN Show, the hotel room of a collector was burglarized, resulting in the loss of 19 coins, mostly US Bust Half-Dollars. An itemized list appears below. The total value exceeds $40,000 USD. Fort Lauderdale police and Doug Davis of the Numismatic Crime […]

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Be Wary of So-Called “Trump Coins” Cautions Professional Numismatists Guild

  So-called “Trump coins” are being offered in the marketplace, and they may be delightful souvenirs, but in many cases should not be mistaken for “rare coins,” cautions the Professional Numismatists Guild. In some cases, the items being offered are not even actually coins despite how they’re advertised, according to the PNG. “Buyers today may […]

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CoinWeek News Wire for January 27, 2017

By Coinweek …. CoinWeek News Wire for January 27, 2017 Brain Food 1.) Should bank tellers reveal the value of old coins? A teenager takes a bunch of old coins, some of them may be of silver or antiques, to a bank and gets just the face value of them in exchange. The question, “Does […]

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CoinWeek News Wire for January 6, 2017

By Coinweek ….   CoinWeek News Wire for January 6, 2017 Brain Food 1.) Design Moments: Irish Free State coins c. 1928 By 1926 the newly-minted Irish Free State was ready to get its own coinage and by the time the Coinage Act was enacted in 1927 a design competition was under way… 2.) Stories […]

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CoinWeek News Wire for January 6, 2017

By Coinweek ….   CoinWeek News Wire for January 6, 2017 Brain Food 1.) Design Moments: Irish Free State coins c. 1928 By 1926 the newly-minted Irish Free State was ready to get its own coinage and by the time the Coinage Act was enacted in 1927 a design competition was under way… 2.) Stories […]

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CoinWeek News Wire for December 30, 2016

By Coinweek ….   CoinWeek News Wire for December 30, 2016 Brain Food 1.) The medal detective Few things mean as much to soldiers as their medals. But if the medals get lost, how do they find their way home? That’s where Major Zachariah Fike comes in… 2.) All India coin in India-1940-1965 3.) Falkirk’s […]

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CoinWeek Ancient Coin Series: Modern Fakes of Ancient Coins

By Mike Markowitz for CoinWeek ….   “To declare that a forged coin is genuine is a mistake, but to declare that a genuine coin is a forgery is a crime.” –Leo Mildenberg (1913 – 2001)[1] FOR CLASSICAL NUMISMATISTS any discussion of fake ancient coins is… a delicate subject. Dealers worry that fear of fakes […]

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CoinWeek Ancient Coin Series: Modern Fakes of Ancient Coins

By Mike Markowitz for CoinWeek …. “To declare that a forged coin is genuine is a mistake, but to declare that a genuine coin is a forgery is a crime.” –Leo Mildenberg (1913 – 2001)[1] FOR CLASSICAL NUMISMATISTS any discussion of fake ancient coins is… a delicate subject. Dealers worry that fear of fakes will […]

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CoinWeek News Wire for December 2, 2016

  By Coinweek …. CoinWeek News Wire for December 2, 2016 Current Events 1.) Zimbabwe police fire tear gas at bank note protest “We are not going to embrace bond notes,” Hardlife Mudzingwa, a spokesman for Tajamuka, told AFP. “They are being used to mop up the US dollars that people have in their accounts so […]

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World Currency News – India Demonetizes 500 & 1,000 Rupee Banknotes

There was more than one surprise on election night… By CoinWeek Staff Reports …. While much of the world–and certainly much of the world’s press–was otherwise occupied on election day, shortly before midnight on Tuesday, November 8, Indian Prime Minister Narendra Modi announced that the Indian 500 rupee (Rs 500, or ₹500) and 1,000 rupee […]

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World Currency News – India Demonetizes 500 & 1,000 Rupee Banknotes

There was more than one surprise on election night… By CoinWeek Staff Reports …. While much of the world–and certainly much of the world’s press–was otherwise occupied on election day, shortly before midnight on Tuesday, November 8, Indian Prime Minister Narendra Modi announced that the Indian 500 rupee (Rs 500, or ₹500) and 1,000 rupee […]

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CoinWeek News Wire for November 25, 2016

By Coinweek …. CoinWeek News Wire for November 25, 2016 Brain Food 1.) Q&A: Erik Goldstein Erik J. Goldstein is the senior curator of mechanical arts and numismatics at the Colonial Williamsburg Foundation and has been in this position since 2002. A student of military history and numismatics, he has lectured widely and instructs a three-year […]

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CoinWeek News Wire for November 18, 2016

By Coinweek ….   CoinWeek News Wire for November 18, 2016 Brain Food 1.) The priceless legacy of P.L. Gupta We owe a great debt to coin collector P.L. Gupta, whose career continues to shape the study of the monetary and numismatic history of India… 2.) A Brief History of the Racketeer Nickel [T]he Deadwood nickel is […]

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CoinWeek News Wire for November 11, 2016

By Coinweek …. CoinWeek News Wire for November 11, 2016 Current Events 1.) Some Central Florida toll booths not registering $1 coins Central Florida Expressway Authority officials said they weren’t aware of the problem until Channel 9 brought it to their attention… Under the Radar 2.) Commemorative Singapore Botanic Gardens coin unveiled A commemorative coin showcasing iconic features of the Singapore […]

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CoinWeek News Wire for November 4, 2016

By Coinweek ….   CoinWeek News Wire for November 4, 2016 Canada 150 1.) Royal Canadian Mint unveils its 2017 Canada 150 circulation coin series The Royal Canadian Mint has unveiled its 2017 Canada 150 circulation coin series featuring the work of five Canadians selected by popular vote to design the tails side of the […]

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