Anti-Counterfeiting Educational Foundation Archives

ACEF Warns of Hundred of Sites Selling Counterfeit Gold and Silver Coins

July 5, 2022 by Clinton

The following is a Press Release from the Anti-Counterfeiting Education Foundation (ACEF) warning that there are potentially hundreds of sites now selling counterfeit gold and silver coins to unwitting collectors and investors. As the saying goes: If it is a deal too good to be true, it is likely not true. Looking to buy gold and silver, “Oliver,” an investor in Texas, responded to advertisements on Facebook from two companies that touted exceptionally low “introductory …

ACEF Concerns Included in Federal Government’s Review of Notorious Markets for Counterfeiting & Piracy

March 23, 2022 by Clinton

The following is a Press Release from the Anti-Counterfeiting Educational Foundation (ACEF) highlighting that the organizations concerns and documentation of counterfeit coins and counterfeiting processes have been highlighted in recent United States federal government reports. The federal agencies including statements from ACEF include the Office of the United States Trade Representative. The sale of counterfeit U.S. coins and precious metals on e-commerce platforms and third-party marketplaces continues to escalate and the number of victims proves …

Three Numismatic Groups Admonish Facebook About Ads Offering Counterfeits

September 23, 2021September 20, 2021 by Clinton

Three major numismatic organizations that sent a letter to Facebook executives to complain that the social media platform “has become the predominant choice of some fraudsters” are disappointed with the lack of a response by Facebook and the continuing appearance of pop-up advertisements selling counterfeit coins. No response has been received in the month since the letter was sent. The Anti-Counterfeiting Educational Foundation (www.ACEFonline.org), Numismatic Guaranty Company (www.NGCcoin.com) and the Professional Numismatists Guild (www.PNGdealers.org) sent their …

Anti-Counterfeiting Educational Foundation Gives Expert Assistance in Seizures of 40,000+ Fakes

June 2, 2021 by Clinton

The following is a Press Release from the Anti-Counterfeiting Educational Foundation (ACEF) announcing that the organization helped law enforcement with the seizure of more than 40,000 fake coins. Representatives of the Anti-Counterfeiting Educational Foundation (www.ACEFonline.org) and its Anti-Counterfeiting Task Force (ACTF) on the request of the Secret Service provided on-site numismatic expertise to federal law enforcement agents in the Los Angeles area who seized more than 40,000 fake Morgan and Peace dollars, American Eagle silver …

ACEF Reports Silver Related Scams During Recent Bullion Rush

February 15, 2021 by Clinton

The Anti-Counterfeiting Educational Foundation (ACEF) has released the following Press Release concerning recent scams found to attract buyers of counterfeit United States silver dollars. The rise in these scams has principally come from the steady rise of silver bullion in the market. February 11, 2021 — The recent panic buying of silver bullion has sparked a significant increase in fraudulent or misleading online advertising to lure unsuspecting retail buyers to purchase counterfeit United States silver dollars, …