Certified Gold Exchange VP: eBay Gold Coin Listing Denials Prove Prevalence of Fraud

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Certified Gold Exchange vice president Michael White says online auction houses’ denials of listings for PCGS and NGC gold coins worth over $2,500 is proof that “counterfeiters are actively attacking the certified gold coin market.”

CertifiedGoldExchange.com - America's Trusted Source for Gold

CertifiedGoldExchange.com America's Trusted Source for Gold

You could likely receive a higher buy-back price if you sell through a reputable dealer and if you are buying PCGS gold you will be pleased to know that we have never shipped a single counterfeit product to a client.

Following a May 21 EcommerceBytes.com article which related the troubles some users are having with selling high-value certified gold coins for sale, the vice president of one of North America’s largest gold coin exchanges has gone on record with his belief that changes to gold coin listing laws are taking place because of higher volumes of counterfeit gold coins being introduced to the market via online auctions.

“Brokers in the gold coin market used to worry about fake half Eagle and Double Eagle coins coming from the middle east, and China has established itself as a world leader in counterfeiting in general,” White said. “For years, the Certified Gold Exchange has been warning investors about the risks of buying gold coins online. It looks like the online auction houses are finally starting to listen.”

White encourages investors who want to buy and/or sell mint-state certified gold coins to contact the Certified Gold Exchange or another A+ rated gold dealer directly. “You could likely receive a higher buy-back price if you sell through a reputable dealer and if you are buying PCGS gold you will be pleased to know that we have never shipped a single counterfeit product to a client.”

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 Investor's Guide," visit http://www.certifiedgoldexchange.com or call 1-800-300-0715 today.

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Ken Hansen

Ken Hansen
@CGEINC
since: 06/2011
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