Louis Eliasberg (1896-1976) was a Baltimore-based businessman and famous coin collector who assembled a complete collection of U.S. regular issue coins from 1925 to 1950. In the following 25 years, he kept his collection current by adding a few pieces in better condition. After he died, his gold coins were put up for auction in 1982, followed by his silver, copper and nickel coins, sold in 1996-97. These three Eliasberg auctions are legendary in the numismatic community for their superior quality and for the phenomenal profits realized on the sale of the collection at the time.
The sales pitch for bitcoins centers on their privacy - far removed from the prying eyes of Uncle Sam - but that may be an illusion. Last Thursday, New York’s top financial regulator proposed the toughest restrictions on bitcoin companies to date.
Senate Majority Leader Harry Reid (D-Nevada) is at it again. He’s trying to regulate and tax interstate and interstate Internet sales. After the House passed a permanent extension of the popular Internet Tax Freedom Act, Reid invoked an obscure Senate rule to allow him to bring to the floor a new bill allowing a permanent new authority for states and localities to force companies to collect sales taxes outside of their state. Amazon is behind this effort, since they hope to profit from selling the tax-collection software to companies selling across state lines.
This onerous regulation not only requires dealing with 50 state tax auditors, but also hundreds of Indian tribes and potentially thousands of counties and cities, plus a handful of faraway U.S. territories and possessions, like Guam, American Samoa, Puerto Rico, the U.S. Virgin Islands and the Marianas Islands. Meanwhile, foreign vendors do not have to collect these taxes!
Speaking of demand for physical gold, the volume of gold imports into India soared 65.1% in June (vs. June 2013) due to the anticipation of lower tariffs - which didn’t happen.
Michael Fuljenz, America’s Gold Expert® was honored with four awards in the 23rd annual Excellence in the Media competition conducted by the Press Club of Southeast Texas. The awards were for Fuljenz' consumer education and protection writings about buying and selling rare coins and precious metals.
A female resident was at home with her young niece late one evening when a man she did not know came to the door. He claimed that his vehicle had broken down and that he needed help. The man pulled a knife and tried to force his way inside…
Mike Fuljenz, recent Beaumont Enterprise Award Winner, discusses gold rising, new Kennedy commemorative coins and states that are sales tax free on precious metal transactions.
Mike Fuljenz discusses the billions that America would save by eliminating the penny and the dollar bill.
America's Gold Expert® Mike Fuljenz, received multiple awards during the annual World's Fair of Money, including one of the profession's most esteemed honors, "The Clemy," for his consumer protection and education work in rare coins and precious metals…
Sandwiched between receiving an award, autographing copies of his book and purchasing gold coins to fulfill his customers' orders, America's Gold Expert® , Michael Fuljenz, recently was a keynote speaker at a special training course for Texas law enforcement personnel on the topic of investigating crimes involving rare coins, bullion and jewelry.
Mike Fuljenz with Rep Lloyd Doggett (D-TX) and Rep Jimmy Hayes (R-LA)
I am urging coin collectors and investors nationwide to promptly contact their Congressional representatives in support of the recently introduced Collectible Coin Protection Act (HR5977).
I was among a half dozen of the country's numismatic leaders who met in Washington, DC on June 28, 2012 with Congressional leaders and staff members to discuss the importance of the proposed legislation to protect the public.
Most Americans take those words for granted today and assume they’ve always been part of our national fabric. Thus, many were surprised when the House of Representatives recently voted to reaffirm that this simple phrase is the official national motto. The story of the motto is an engrossing one, full of fascinating twists and turns…
KFDM-TV Channel 6 in my hometown of Beaumont,Texas recently did a Crime Stoppers story about a Texas dealer who reportedly paid only $16,000 for nearly $250,000 of coins sent to him by an 82-year old California woman. The interviewer asked me for consumer protection advice so other people can avoid encountering this kind of problem.
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A note from the Numismatic Crime Information Center
Mike Fuljenz helps 42 Florida detectives become more knowledgeable about how to handle and investigate numismatic crime.
As you probably know, ICTA is the national trade association that is the “watch dog” for the coin/precious metals community, most especially on the federal level.