News

Nederland Man Accused Of Stealing Almost A Quarter Million Dollars In Coins From 82-Year-Old Woman

BEAUMONT - By Megan Dillard

You work for decades, sometimes 10 hours a day, save up your hard-earned money, and if everything works out, retire to enjoy life and put aside some of the stress.

Law enforcement officers say a Jefferson county man victimized a woman who thought she was investing a quarter of a million dollars of her retirement money in legitimate company, only to learn that wasn't the case.

The Jefferson County Sheriff's Office needs your help in finding a man who cost an 82-year-old California woman her retirement.

Investigators say 26-year-old Bryson Cendejas ran a fake coin exchange company out of Nederland.

Source (PRWEB) November 15, 2011

An interesting article about a new United States Silver Dollar coin that honors our fallen and heroic servicemen and women. This is the perfect Christmas present that thanks those who gave everything for all of us.

Full article: http://www.prweb.com/releases/2011/11/prweb8958070.htm

Benefit of Collecting Coins Adds Up

The Chicago Tribune

There is also a social component to coin collecting that can be highly beneficial.... coins are like "history in your hands. Coins in ancient times were like a newspaper, telling about who was in power, and whether the ruler was peaceful or a warmonger based on the design symbolism. For example, arrows (on coins) indicated war, while olive branches were a sign of a desire for peace

Full article: http://www.chicagotribune.com/special/primetime/chi-primetime-coins-110911,0,3551772.story

Vigilance vs. Vigilante Legislation: How staying alert in the state legislature averted potential company-killer legislation

by Michael Fuljenz

Mike Fuljenz is a Board member of the Industry Council
for Tangible Assets and the Gold & Silver Political Action Committee.

If significant changes had not been made before the final vote, a new Texas law aimed at protecting consumers from some questionable, out-of-state "hotel gold buyers" probably also would have killed the legitimate business of many Texas numismatic companies. That legislation, HB2490, now has been signed into law by Texas Governor Rick Perry, but without the potentially devastating requirements for coin dealers and customers that earlier were contained in the bill.

The elimination of burdensome, ruinous language from the bill was the result of constant monitoring of proposed legislation that could affect numismatic transactions, one-on-one relationships with supportive legislators and the assistance of an experienced lobbyist. These actions averted the potential company-killer mandates while still protecting the public when they sell precious metals in Texas. It's a lesson in vigilance that every dealer in every state should learn.

2010 Was Another Busy Year for Mike Fuljenz

Nationally-known rare coin dealer and precious metals expert Michael Fuljenz, is an award-winning numismatic author, frequent interview guest on radio and TV news and personal finance programs, and a community leader in his hometown, Beaumont, Texas. He hosts an award-winning, regularly-scheduled program about coins and precious metals on Newstalk 560 KLVI radio.

It was another busy year for Mike Fuljenz. In addition to numerous local news media interviews in the Beaumont and Houston press, he was quoted in the Los Angeles Times, CBS Money Watch and Fox Business Network. He also won another five national excellence awards for his books, newsletters and consumer education efforts; continued his national service on the Board of Directors of the influential Industry Council for Tangible Assets; and became President of the Diocese of Beaumont Catholic School Board.

Here are some of his many accomplishments in 2010.

Received awards from the Numismatic Literary Guild (NLG) for his assistance in a series of important on-going investigative stories by The Examiner newspaper in Beaumont about traveling “hotel buyers” in the Southwestern United States who often offered the public only pennies on the dollar for valuable gold coins and jewelry.
Authored an important, NLG award-winning new book about historic U.S. gold coins, Indian Gold Coins of the 20th Century. (Former New York Times columnist and NLG Executive Director Ed Reiter remarked: “I don’t know of anyone who has won as many NLG awards in different categories.”)
Served as gold coin price coordinator for The Insider’s Guide to U.S. Coin Values 2011 published by Dell a division of Random House Publishing.
As official coin and bullion dealer for the National Rifle Association, he was a keynote speaker at the NRA’s Freedom First Financial Seminar, and authored a feature story for the American Rifleman magazine, “President Theodore Roosevelt: Champion of Guns and Gold.” Fuljenz also was a sponsor of the NRA’s Eddie Eagle Gun Safety Program for children.
As featured speaker at their annual banquet, he helped the Salvation Army in Beaumont kick off the organization’s national Christmas kettle collection campaign by donating and placing a $1,400 gold coin in a kettle.

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