ACEF warns of fake “precious metal” and “rare coins” offered online, and helps a Texas investor who became an unsuspecting victim Looking to buy gold and silver, “Oliver”, an investor in Texas, responded to advertisements on Facebook from two companies that touted exceptionally low “introductory offer” prices for silver and gold bullion coins. He […]
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Three major numismatic organizations that sent a letter to Facebook executives to complain that the social media platform “has become the predominant choice of some fraudsters” are disappointed with the lack of a response by Facebook and the continuing appearance of pop-up advertisements selling counterfeit coins. No response has been received in the month since […]
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Altered Cameo 1960 Franklin Half By Max Spiegel, Numismatic Guaranty Corporation(NGC) ……. A white “frost” was applied to this Franklin Half Dollar to give its elements a cameo appearance. There are a number of ways that nefarious individuals altered coins in an attempt to trick unsuspecting buyers into thinking that the coin is better than it […]
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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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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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Altered Cameo 1960 Franklin Half by Max Spiegel, NGC ……. A white “frost” was applied to this Franklin Half Dollar to give its elements a cameo appearance. There are a number of ways that nefarious individuals altered coins in an attempt to trick unsuspecting buyers into thinking that the coin is better than it really is. […]
The post Altered Coin Detection: Cameo 1960 Franklin Half Dollar appeared first on CoinWeek.
By Jeff Garrett for Numismatic Guaranty Corporation …… The issue of counterfeit coins has been around for a very long time For years, the numismatic industry has dealt effectively with the problem of counterfeit rare coins. You can read numismatic journals from the 19th century and realize that collectors were dealing with the problem even […]
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By Paul Montgomery and Associates – PaulMontgomeryOnline.com…. A Federal Court Judge in Texas has ruled that a coin fraud victim’s estate should receive almost $2 million from a Long Island coin dealer and his grading company under the Racketeer Influenced and Corrupt Organization Act (RICO). The estate was assisted in its three-year recovery efforts […]
The post Coin Dealer, Grading Company Hit for Nearly $2 Million under Federal Racketeering Laws appeared first on CoinWeek.
by Doug Davis Founder/President and Bryan Davis/Forensic Investigator … Numismatic Crime Information Center ……… Numismatic crime continues to escalate and the chance of a dealer or collector becoming a victim is very real in today’s society. It is important to realize that not everyone is a law abiding citizen. There are individuals and organized groups who […]
The post Numismatic Crime: Developing a Tactical Mindset for Coin Dealers and Coin Collectors appeared first on CoinWeek.
Crimes related to numismatics know no boundaries and affects the numismatic industry around the world. Millions of dollars in numismatic items have been stolen from collectors and dealers who have fallen prey to a numismatic crime. The Numismatic Crime Information Center is a 501 (c)(3) non profit corporation established to coordinate and collaborate initiatives between […]
The post Numismatic Crime Alerts: 2014 appeared first on CoinWeek.
Crimes related to numismatics know no boundaries and affects the numismatic industry around the world. Millions of dollars in numismatic items have been stolen from collectors and dealers who have fallen prey to a numismatic crime. The Numismatic Crime Information Center is a 501 (c)(3) non profit corporation established to coordinate and collaborate initiatives between […]
The post Numismatic Crime Alerts: 2014 appeared first on CoinWeek.