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In a case brought forward by the U.S. Commodity Futures Trading Commission (CFTC) against Robert Higgins and his companies Argent Asset Group (Argent) and First State Depository Company (FSD), a...
A real British pound coin, of the old type, on top of a fake.This coin was often counterfeited. Defective milling and letters on a counterfeit coin (top) For modern coins in general circulation, the most common method of protection from forgeries is the use of bi-metallic coins made of two metals of different color, which are difficult to counterfeit at low cost.
Paper and digital Liberty Dollars were legally defined as warehouse receipts and were backed by a physical commodity: a weight in precious metal. 18 USC 486, however, makes it a crime to make, utter, or pass any coin or bar of gold, silver, or any other metal if it is intended to be used as money, so there is a definitive injunction against the ...
A similar scam, promising that a "Trump Liberty Coin" purchased for $149 could be redeemed at Bank of America for $100,000, circulated in April 2024; a Bank of America spokesperson denied any connection between the bank and the coins. [8]
In 2011, Blanchard and Company, Inc. placed the 1787 gold Brasher Doubloon, the world's most valuable rare coin at the time. In a deal the company brokered, a Wall Street investment firm bought the coin for $7.4 million, one of the highest prices ever paid for a gold coin. [12]