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GOLD: The universal coin and bullion asset for hard times

Tuesday, 22 September 2009 22:19 | Print | Email

: Created: Tuesday, 22 September 2009 22:19

Mike Fuljenz, who publishes an award-winning investment newsletter, warns that there have been numerous scams in recent years involving gold coins – including growing numbers of counterfeit U.S. coins made in China. Elderly people have been among the principal targets of such fraud. Lawsuits can help some victims recover part of their losses, Mr. Fuljenz says – but the best way to avoid losses, lawyers and costly litigation is to deal with companies accredited by the Better Business Bureau which have earned high ratings for reputable service and pledge to submit any disputes to arbitration. This produces peace of mind that is, in a real sense, as good as gold.

Gold has special glitter when times are tough. Its universal coin and bullion appeal, ease of storage and concentrated value make it a first line of defense for people striving to fend off economic calamity. The American public rediscovered its virtues when the federal government lifted a ban on private gold ownership of coins and bullion in 1974. Since then, gold has been widely available from coin and bullion dealers and other private companies, and even from the U.S. Mint itself.

When much of the U.S. economy entered a nose dive several years ago, gold did just the opposite, soaring to unprecedented heights. This was a universal Godsend for people who had been wise enough to reserve a place for gold coins and bullion in their portfolios, rainy day savings or retirement nest eggs. But Mr. Fuljenz cautions buying and selling the shiny yellow metal takes prudence, preparation and precaution.

Universal coin and bullion reports on ebay and canadian law

Tuesday, 22 September 2009 22:19 | Print | Email

: Created: Tuesday, 22 September 2009 22:19

Beaumont, Texas coin expert Mike Fuljenz notes eBay removed all counterfeit Canadian coins from all of their auction listings. Universally, both younger and elderly collectors have less to worry about regarding coin scams and coin frauds involving Canadian coins on eBay thanks to the Royal Canadian Mounted Police.

According to Canadian law, all replica coins and currency are considered counterfeits. The Royal Canadian Mounted Police reviewed with eBay officials their laws regarding replicas and counterfeits of their money. It was so enlightening that within hours of the meeting, eBay responded by removing all auction listings for replica notes and coins of Canadian money from the website www.ebay.ca. No legal action nor lawsuits were needed as eBay was quick to acquiesce to the Royal Canadian Mounted Police demands.

A similar removal of Canadian counterfeit coins occurred a few days later from the eBay website in the United States. At the center of this issue is the danger of well made Chinese counterfeit silver and gold coins that are a concern in America and Canada. Some report disappointment in eBay not being more responsive in dealing with Chinese coin scams and frauds still being listed by the internet auction giant involving counterfeit coins of other countries.

Universal coin and bullion expert recommends PCGS and NGC

Tuesday, 22 September 2009 22:18 | Print | Email

: Created: Tuesday, 22 September 2009 22:18

Universal Coin and Bullion expert Mike Fuljenz of Beaumont, Texas recommends NGC and PCGS certification as protection from coin scams and frauds involving Chinese counterfeiting of American and foreign coins.

Award winning coin and bullion expert Mike Fuljenz on KLVI radio

Tuesday, 22 September 2009 22:18 | Print | Email

: Created: Tuesday, 22 September 2009 22:18

Award winning coin and bullion expert Mike Fuljenz of Beaumont, Texas helps listeners, young and elderly, with United States coin and bullion related topics on his KLVI radio show the last Monday of the KLVI month. Topics as diverse as appraising coins to exposing coin frauds and scams are routinely addressed by Mr. Fuljenz. If you are looking for a 1st rate award winning radio show on coins, first check out KLVI-560 in Beaumont, Texas and reserve the last Monday of the month from 6-7 p.m. CST. National expert Mike Fuljenz discusses a variety of topics regarding American coins and the bullion markets. He assists callers both young and elderly in identifying and evaluating coins and avoiding potential scams and frauds that may occur. Mr. Fuljenz show has shown universal appeal and he has won numerous Best Radio show awards from the prestigious Numismatic Literary Guild, the leading American organization for writers, editors, dealers, lawyers and publishers who communicate in various media on topics ranging from coins, paper money, medals, bullion to coin scams, coin lawsuits, coin fraud, and other coin business related topics.

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