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Professional Numismatists Guild offers three expert tips to avoid gold scams – Coin Update News


Coin Update News

Professional Numismatists Guild offers three expert tips to avoid gold scams
Coin Update News
The Temecula, California–based Professional Numismatists Guild (PNG) was founded in 1955. Two years ago, PNG established an Accredited Precious Metals Dealer (APMD) program to provide consumer and investor protection in the marketplace.

Experts’ Three Tips To Avoid Gold Scams, According To … – PR Newswire (press release)

Experts’ Three Tips To Avoid Gold Scams, According To …
PR Newswire (press release)
TEMECULA, Calif., Sept. 12, 2017 /PRNewswire/ — Following the recent fraud charges filed by the Commodity Futures Trading Commission against a California …

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Experts’ Three Tips To Avoid Gold Scams, According To Professional Numismatists Guild – PR Newswire (press release)

Experts’ Three Tips To Avoid Gold Scams, According To Professional Numismatists Guild
PR Newswire (press release)
The Temecula, California-based Professional Numismatists Guild (PNG) was founded in 1955. Two years ago, PNG established an Accredited Precious Metals Dealer program, APMD (www.APMDdealers.org), to provide consumer and investor protection in …

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Experts’ Three Tips To Avoid Gold Scams – According to Professional Numismatists Guild

(Temecula, California) September 12, 2017 – Following the recent fraud charges filed by the Commodity Futures Trading Commission 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 buy or receiving too little when you sell, and to avoid potential scams, investors absolutely must know the credentials of the bullion dealer, not just what the dealer may tout on TV advertisements or with a fancy website,” cautioned Barry Stuppler of Woodland Hills, California, President of the nonprofit Professional Numismatists Guild (www.PNGdealers.org).  “If you don’t know gold, you’d better know your gold dealer,” Stuppler emphasized.
 
The Temecula, California-based Professional Numismatists Guild (PNG) was founded in 1955.  Two years ago, PNG established an Accredited Precious Metals Dealer program, APMD (www.APMDdealers.org), to provide consumer and investor protection in the marketplace.  APMD members must adhere to a strict Code of Ethics (https://apmddealers.org/apmd-code-of-ethics/) in the buying and selling of precious metals. The firm that was recently sued by the CFTC is not a member of the APMD program.
 
“The second step investors must take is know the current spot price of the precious metal they want to buy or sell. Bullion items, such as the American Eagle, Canadian Maple Leaf and South African Krugerrand usually sell for only about three to five percent above the current spot price depending on the quantity purchased. Beware of high-pressure selling prices that would force you to wait for gold or silver to double or triple in value before you could make a profit,” warned Stuppler.
 
“The third step is to take prompt delivery of the bullion items you purchase. Be wary of sellers who want to keep and store your gold, or claim it will take months to deliver items to you. The reason many people buy precious metal coins and ingots is because of their liquidity, but if you don’t have possession of the items then you can’t act quickly when you want to sell,” said Stuppler who also is President of the California Coin and Bullion Merchants Association.
 
For additional information about the Accredited Precious Metals Dealer program, call the Professional Numismatists Guild at 951-587-8300 or visit www.APMDdealers.org. A list of APMD member-dealers is online at https://apmddealers.org/apmd-dealers

Citizens Coinage Advisory Committee to hold public meeting on September 19 – Coin Update News


Coin Update News

Citizens Coinage Advisory Committee to hold public meeting on September 19
Coin Update News
For this kind of assistance, you should contact a reputable dealer, preferably one who’s certified by the American Numismatic Association and/or the Professional Numismatists Guild. Vulgar and/or abusive comments will not be tolerated. Nor will trolls.

New anti-counterfeiting technology: Dogs – Coin Update News


Coin Update News

New anti-counterfeiting technology: Dogs
Coin Update News
For this kind of assistance, you should contact a reputable dealer, preferably one who’s certified by the American Numismatic Association and/or the Professional Numismatists Guild. Vulgar and/or abusive comments will not be tolerated. Nor will trolls.

Ascension Sapphire Jubilee crown marks Queen’s milestone royal anniversary – Coin Update News

Ascension Sapphire Jubilee crown marks Queen’s milestone royal anniversary
Coin Update News
For this kind of assistance, you should contact a reputable dealer, preferably one who’s certified by the American Numismatic Association and/or the Professional Numismatists Guild. Vulgar and/or abusive comments will not be tolerated. Nor will trolls.

Fourth and final coin in popular Beatrix Potter 2017 Collection now … – Coin Update News


Coin Update News

Fourth and final coin in popular Beatrix Potter 2017 Collection now …
Coin Update News
The fourth and final release in the Beatrix Potter 2017 Collection features Benjamin Bunny and is now available for pre-order. The Tale of Benjamin Bunny is …

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Fourth and final coin in popular Beatrix Potter 2017 Collection now available for pre-order – Coin Update News


Coin Update News

Fourth and final coin in popular Beatrix Potter 2017 Collection now available for pre-order
Coin Update News
For this kind of assistance, you should contact a reputable dealer, preferably one who’s certified by the American Numismatic Association and/or the Professional Numismatists Guild. Vulgar and/or abusive comments will not be tolerated. Nor will trolls.

and more »

Donn Pearlman named NLG acting executive director – Coin Update News


Coin Update News

Donn Pearlman named NLG acting executive director
Coin Update News
Other honors the incoming acting executive director received include the 2017 Burnett Anderson Award for Excellence in Numismatic Writing, presented jointly by the ANA, American Numismatic Society and the NLG; the Professional Numismatists Guild’s Art …