Coin & Bullion Scams Exposed

by Koch, Adam Gregory

• ISBN13: 9781477516379
• ISBN10: 1477516379
• Format: Paperback
• Copyright: 2012-06-08
• Publisher: Createspace Independent Pub

Summary

Have you been wanting to buy coins, gold, or silver on the internet but aren't sure that it is safe? Your caution is justified, and that is why this book was written: To provide a glimpse into the deceptions and scams that are so prevalent not just on the internet but in the real world as well. Every fake coin that is sold undermines the integrity of our hobby as well as the values of un-graded coins on the open market.Are you able to identify a counterfeit silver dollar? Because of the high values of key date coins, forgeries are being made almost every day and peddled to unsuspecting victims who think they have the bargain of a lifetime. What about bullion? Are you able to tell a dishonest deal from a legitimate one? This guide will teach you how descriptions can be worded in such a way to mislead you into buying mere replicas and imitations with little or no real value.Unsearched coin lots; "Shotgun" rolled coins; "Estate" lots; "Miniature" gold coins and counterfeit tokens with little or no value; Altered coins; Graded vs. Ungraded coins; Gold Filled vs. Gold Plated; Choosing a refinery; Basic coin evaluation and grading; These are beginnings that open up lucrative opportunities for a sharp eye, yet to the untrained they become pitfalls: Wouldn't you like to be better prepared?