The first risk is that of unscrupulous dealers claiming that their coins are from [the Saddle Ridge] stash, and the second risk comes from people selling counterfeit coins with a Saddle Ridge label.
Fort Worth, TX (PRWEB) February 27, 2014
The Certified Gold Exchange has issued an international Investor Alert after reports of a California couple’s historic gold coin discovery that has been valued at over $10 million started to go viral. The couple who discovered the hoard of 1,427 gold coins has chosen to remain anonymous for the protection of themselves and their property, and CGE spokesperson Janet Jones says that people looking to purchase coins from that lot could be vulnerable to scammers looking to take advantage of the publicity of what is now known as the “Saddle Ridge” gold coin hoard.
“The Saddle Ridge coins have been called the greatest discovery of U.S. gold coins in history, and the coins are going to be tracked very closely,” said Jones. “PCGS placed a special label on each of these coins so there are two risks to potential buyers. The first is of unscrupulous dealers claiming that their coins are from this particular stash, and the second risk comes from people selling counterfeit coins with a Saddle Ridge label.”
Jones says that individuals who are genuinely interested in purchasing the coins should know that many of the coins are extremely rare types and among the highest-graded coins certified by PCGS, if not the highest. “We’re not talking about your run-of-the-mill investment-grade $20 gold coins that sell just above spot, but if you’re interested in procuring these coins for investment, collection or historical purposes feel free to give us a call and we can connect you with the coins’ current manager.”
Certified Gold Exchange, Inc. is one of North America’s premier precious metals trading platforms, providing unparalleled service to licensed dealers, institutions, and household investors since 1992. Certified Gold Exchange maintains an A+, Zero Complaint Better Business Bureau rating. For more information or a free Gold Investors Guide, visit http://www.certifiedgoldexchange.com or call 1-800-300-0715 today.