Coin Fraud Attorney

Is Coin Fraud a Federal Crime?

Yes, coin fraud is considered a federal crime. It often involves misleading practices in the sale or promotion of coins, particularly those advertised as rare or investment-grade. Many of these schemes rely on mail, phone, or internet communication and target individuals across state lines. Those convicted may face prosecution with penalties that include fines, restitution, and prison time.

Common Coin Scams That Require Legal Representation

Coin fraud scams often involve deceptive practices intended to inflate the perceived value of physical coins or conceal their actual worth.

The following scams routinely require intervention from experienced legal counsel:

Grading Fraud

Coin dealers submit physical coins to grading companies with poor standards or falsified certifications, then advertise them as high-grade investment assets. Victims often discover the coins are overgraded or never professionally graded at all.

Numismatic Overpricing

Dealers sell common bullion or low-rarity coins at extreme markups while presenting them as rare, investment-grade collectibles. They may support their claims using manipulated market data or fake expert endorsements.

Phantom Inventory Schemes

Promoters solicit funds for physical coins they never owned or that do not exist. These scams often include fabricated claims of third-party vault storage or custodianship without any verifiable records or audit trails.

Misrepresentation in Precious Metals IRA Rollovers

Fraudulent dealers target self-directed IRA holders, convincing them to transfer retirement savings into overvalued or counterfeit physical coins under the promise of tax-deferred growth and portfolio security.

These scams typically involve multiple layers of deceit, requiring skilled legal professionals to investigate transactions, expose false representations, and seek restitution through litigation or arbitration.

How Stevens Law Firm Helps Coin Collectors Who Were Defrauded

Stevens Law Firm represents individuals who have suffered financial losses due to fraudulent coin investments. We represent clients in cases stemming from in-person and online transactions, recognizing that modern coin fraud schemes have grown increasingly sophisticated and now occur across virtually every commerce platform.

Our legal services include:

• Evaluating claims
• Collecting and reviewing evidence
• Investigating the involved parties
• Developing a legal strategy

• Initiating litigation or arbitration
• Pursuing financial recovery
• Managing legal filings and proceedings
• Communicating case progress

What Are Your Legal Rights After Being Scammed in a Coin Transaction?

If you have been scammed in a coin investment, you have enforceable legal rights, and it’s necessary to pursue them in accordance with applicable law. These rights may include rescinding the transaction, initiating a civil action for damages, engaging in arbitration where required, and filing complaints with appropriate regulatory agencies.

Asserting these rights typically involves retaining legal counsel, which enhances your ability to navigate complex procedures, meet statutory deadlines, and pursue full and appropriate remedies under the law.

Take Legal Action With a Coin Fraud Attorney From Stevens Law Firm

Coin fraud schemes are rarely simple and often involve layered deception that demands a focused legal response. Stevens Law Firm brings the insight and authority of a coin fraud attorney with a track record of handling high-stakes recovery and litigation involving rare, collectible, and commemorative coins.

Looking for a coin fraud attorney? Contact us at (409) 880-9714.