Coin Lawsuits

Sometimes people buy coins and later feel they didn’t quite get what they paid for. And if that happens you might even consider filing a coin lawsuit. But here are some thing you may want to do to resolve issues before going to an attorney. If I were you the first thing I would do is go back to the company you bought your coins from and go to the top. I can’t speak for every coin dealer but I know when we get a call from someone who is upset it matters to me and I work to resolve their issues. Next, I would contact the Better Business Bureau they are pros at resolving conflict and are there to help. I would also consider contacting a coin organization where the dealer is a member. Reputable dealers are members of coin organizations. As a last resort, I might go to your states attorney general in many matters they can help also. If you have additional questions, or just want to find out more about buying or selling gold and rare coins check out our website or call us for more information.

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With Lawsuit Behind Them, Universal Coin and Bullion Soars

There’s no doubt about it: Universal Coin and Bullion is on a roll.

The company, founded in 1994 by rare coins and precious metals expert Mike Fuljenz, is among a select few nationally acclaimed, award-winning sources for gold, rare coin, and numismatic education. Fuljenz, an award-winning author of books and newsletters and renowned numismatic consumer advocate, has lent his expertise to diverse agencies including the United States Mint, the U.S. Postal Service, the Federal Trade Commission (FTC), the Numismatic Crime Information Center, Better Business Bureau and Crime Stoppers.

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Fuljenz isn’t letting a dismissed 2007 Universal Coin and Bullion lawsuit — in which it’s alleged that the company misled customers to purchase rare gold, platinum and silver coins — get him down. The author of the award-winning book Indian Gold Coins of the 20th Century (about historic U.S. gold pieces) isn’t thinking about accusations of a Universal Coin and Bullion rip off because the case was dismissed and he ended up being appointed to the State Bar of Texas Advertising Review Committee.  He continues to maintain his focus on the many positive things in his professional life: Fuljenz, who’s known in numismatic circles as “America’s Gold Expert,” has recently been honored with the prestigious Clemy Award by the Numismatic Literary Guild.

Named for its first recipient, author Clement F. Bailey, the Clemy Award was established in 1968 and is the NLG’s most prestigious honor, bestowed in recognition of writing talent, a devotion to the collecting of coins, and personal and professional dedication to the Guild. Fuljenz joins such numismatic luminaries as Glenn Smedley, Donn Pearlman, Ed Reiter, and Elvira Clain Stefanelli.

The award is the latest in a long list of prizes given to Fuljenz and Universal Coin and Bullion. Fuljenz’s article, “The Ultimate Saint: The 1907 Indian Head Double Eagle Could Be The New Face of Numismatics,” received the NLG’s James L. Miller Award for Best Overall Article of the Year, an honor followed by a pair of NLG television awards for the company’s monthly “Coins and Precious Metals Report” segments on KBTV Fox 4 in Fuljenz’s hometown of Beaumont, Texas. There, rumors were discounted and not taken seriously due to Mike Fuljenz’s sterling reputation and ongoing active involvement within his community — in part because Fuljenz has worked closely with local law enforcement personnel in investigating crimes involving rare coins, bullion and jewelry.
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At special training seminars for Texas and Florida law enforcement officers, the Universal Coin president recently acted as keynote speaker, providing participants with names of experts and organizations to contact when a gold or collectible coin fraud or theft is reported, or a recovery is made. Fuljenz candidly discussed the Universal Coin and Bullion complaints against lawbreakers (coin thieves), and also described case examples of how law enforcement agencies across the nation have successfully handled different types of numismatic crimes.

An award-winning author of newsletters, articles and four books about rare gold coins and bullion, Fuljenz has received nearly 50 major awards in 11 different categories from the Numismatic Literary Guild (NLG), a nonprofit organization composed of the top numismatic marketplace editors and writers.  With a record that makes him one of a handful of authors in the United States who has been so widely acknowledged by his peers. His coin-specific and precious metals consumer protection and education work set both Fuljenz and Universal Coin and Bullion apart — a fact acknowledged by the American Numismatic Association at its annual World’s Fair of Money convention. There, ANA president Tom Hallenbeck gave Fuljenz the organization’s Glenn Smedley Memorial Award in honor of his significant volunteer contributions and support of the association and the community at large.