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<p>[QUOTE="rbm86, post: 11489, member: 854"]Some info about the case is on pages 71-2 of "The Coin Collectors Survival Manual" by Scott Travers:</p><p><br /></p><p>"In Federal Trade Commission v. New England Rare Coin Galleries, Dana Willis and Paul Taglione, the allegations made by the FTC included, but were not limited to: 'defendants have falsely represented that the value of rare coin sold by defendants at a specific grade in industry pricing publications, when in fact, in numerous instances, the value of rare coins sold by defendants at a specified grade is worth substantially less than prices quoted for rare coins of that grade in industry pricing publications.' Although New England and its principals never admitted to having done anything wrong, they agreed to an out-of-court settlement (stipulated final order and judgement) which called for the closing down of the firm and liquidation of the assets."[/QUOTE]</p><p><br /></p>
[QUOTE="rbm86, post: 11489, member: 854"]Some info about the case is on pages 71-2 of "The Coin Collectors Survival Manual" by Scott Travers: "In Federal Trade Commission v. New England Rare Coin Galleries, Dana Willis and Paul Taglione, the allegations made by the FTC included, but were not limited to: 'defendants have falsely represented that the value of rare coin sold by defendants at a specific grade in industry pricing publications, when in fact, in numerous instances, the value of rare coins sold by defendants at a specified grade is worth substantially less than prices quoted for rare coins of that grade in industry pricing publications.' Although New England and its principals never admitted to having done anything wrong, they agreed to an out-of-court settlement (stipulated final order and judgement) which called for the closing down of the firm and liquidation of the assets."[/QUOTE]
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