There have been many precious metal dealers, financial planners and investment specialists informing their clients to invest a portion of their portfolio into gold and rare gold coins. However, these salespeople are just that - salespeople who make commissions off of their clients investing in gold bullion and rare gold coins. Frequently, these salespeople are getting clients to invest with them after scaring them about inflation and the weakened U.S. dollar.
In order to avoid being taken advantage of by unscrupulous salespeople and coin dealers, consumers should conduct their own research. When an investment advisor informs their client or a prospective client that they should purchase rare gold coins, consumers should learn all they can about numismatic coins prior to purchasing anything.
By doing thorough homework and research and not just purchasing any coin an investment advisor tells you to buy, you will better understand how things work and be financially healthy and safer.
Sadly, there are many fraudulent salespeople who need to make a living, and they do so at your expense. They may:
- sell you a different coin than what you thought you were purchasing.
- make false appreciation claims explaining that a coin will increase in value.
- charge you high markups for the coins you bought.
- sell you coins that are worth less than what you paid.
If you find that you have been a victim of any one of these actions, then you may have been a victim of gold coin fraud. Find out how you can pursue a claim against a dealer that used deceptive practices and overcharged you in a book called Coin Fraud - Is Your Investment at Risk?
This book is a must read for anyone who is thinking about investing money into gold coins and rare gold coins, or someone who believes they have been ripped off. Get answers to your questions and find out what things you should be aware of when dealing with an investment advisor or coin dealer.
Texas coin fraud attorney Bill Voss wrote this book to help protect you and other consumers from fraudulent salespeople and dealers. Get your copy of this book today by filling out a form on our website, and the book will be given to you for free.
If you have been a victim of gold fraud, contact an experienced Texas gold coin fraud attorney at the Voss Law Firm at 888-614-7730 today.