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<p>[QUOTE=&quot;Hobo, post: 1115611, member: 11521&quot;]If this Minneapolis coin dealer is guilty of what he has been accused of he is by far the worst coin dealer I have heard about in quite a while. I will not name the dealer or his business. You can read the article yourself at:</p><p>&nbsp;</p><p><a href="http://presspubs.com/articles/2011/02/22/vadnais_heights_press/news/doc4d643ef6596b4230212406.txt" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://presspubs.com/articles/2011/02/22/vadnais_heights_press/news/doc4d643ef6596b4230212406.txt" rel="nofollow"><font face="Times New Roman">Coin dealer accused of defrauding senior citizens</font></a></p><p>&nbsp;</p><p>To recap the article: </p><ul> <li>The Minnesota Attorney General&#039;s office filed suit against the coin dealer and his business for bilking elderly customers out of thousands of dollars. The suit alleges the coin dealer &quot;<font face="Verdana">lied about the value of coins, failed to deliver promised goods and engaged in other schemes</font>&quot; and charges the coin dealer with &quot;<span style="color: #333333"><font face="Verdana">consumer fraud, deceptive trade practices, deceptive acts against senior citizens and unjust enrichment</font></span>&quot;.</li> <li>The victims received unsolicited calls from the coin dealer.</li> <li>A woman from Texas paid $50,000 for gold coins that she never received.</li> <li>A Florida man was talked into exchanging his gold bullion coins (worth approximately $25,000) for &quot;liberty gold coins&quot; (worth about $400) that he never received.</li> <li>A Wyoming woman sold her gold coins to the coin dealer for $10,500 but, when the coin dealer received the coins, he told her the price of gold had dropped and he would pay her only $8,500 for the coins. When the woman refused the offer and demanded her coins back the dealer sent her silver coins valued at $1,100.</li> <li>The coin dealer convinced a South Dakota man to exchange his Double Eagles for &quot;liberty gold coins&quot;. The man sent his coins to the coin dealer but never received anything in return.</li> <li>A man from Texas sent his gold coins to the dealer for appraisal but the coin dealer&#039;s agent sold the coins without the owner&#039;s permission. The gold coins were sold for $296,000 but the owner received only $91,000. He is suing the coin dealer and the business.</li> </ul><p>The last paragraph of the article sheds a bit more light on this coin dealer&#039;s character:[/QUOTE]</p><p><br /></p>

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