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Gold coins have for many years been a popular investment, but where there's money to be made, scammers are usually not far behind. Don't let your hard-earned cash fall into the wrong hands. Below are a few tips to help you steer clear of gold coin scams. Know The...

Gold coins can be an amazing investment but beware: you can easily become a target for scammers. With the recent increase in gold prices, more and more people are looking to buy gold coins - but sadly this has also lured fraudsters to the market. That’s why it’s so...

Understand the Company's Reputation Although technically it might be hard to prove at this stage that a gold and silver coin dealer operates as a coin scammer, don’t be misled about supposed consumer ratings about a company's reputation that can be altered or...

The Texas Coin Fraud Consumer Alert includes the following “tips to avoid becoming a victim of fraud”: Seniors make up about 14% of the U.S. population but account for 60% of callers to the National Fraud Information Center. If you are a senior, be extra careful. If...

They are known by various descriptions—“Signature Series” bullion, “certified modern bullion,” “semi-numismatics”—to name a few. Many high profile coin fraud dealers seem to have their own in-house “Signature Series” bullion coins signed/certified by politicians, mint...

The New York Attorney General has issued a Consumer Alert warning of “Common Investment Scams.” (https://ag.ny.gov/common-investment-scams) The New York Alert specifically warns the public—and particularly senior citizens—to beware of several common Coin and Precious...

This Alert accurately catalogues the spectrum of tactics coin dealer scammers use to gain the trust of and then defraud unsuspecting consumers—especially elderly customers: These fraudsters may rely upon aggressive marketing tactics, flashy websites, or a sense of...

One of the earliest reported cases involving coin fraud is United States v. Kail, 804 F.2d 441 (8th Cir. 1986). “Coin & Stamp Gallery, Inc.,” was a Minnesota company that sold “investment quality coins.” Coin and Stamp Gallery’s president, Harold B. Kail, was...

The growing nationwide coin fraud problem, as explained by the Florida Attorney General, is that: “Thousands of consumers fall victim each year to rare coin investment schemes. It is not uncommon for individual victims of rare coin investment scams to lose more than...

When you are a victim of a fraudulent coin dealer, it can be a frustrating and overwhelming experience. However, there are steps you can take to get legal help and recover your losses. Did A Coin Dealer Defraud You? First, gather all documentation related to the...