ACEF – Anti-Counterfeiting Educational Foundation is working with fraud victims and federal law enforcement agencies.  A fraudulent advertisement for bullion coins on Facebook, fake encapsulation holders, and requests for expert help from federal agencies kept the nonprofit Anti-Counterfeiting Educational Foundation very busy lately according to a recent article in Coin Update.

Among the cases they investigated are the sale of 10 fake one-ounce silver American Eagles. They were unsuspectingly purchased by someone who responded to an advertisement that popped up while he was checking his Facebook account. All 10 coins he received in response to his order were counterfeit,” said Doug Davis, director of the ACEF Anti-Counterfeiting Task Force.

Another case ACEF officials received in May involved counterfeit coins housed in fake Numismatic Guaranty Corporation (NGC) and Professional Coin Grading Service (PCGS) encapsulation holders. The victim spent $8,000 responding to an offer made on Mercari, an e-commerce platform.

Remember, if you don’t know precious metals, you’d better know a reputable seller.  Collectors, dealers, and the general public are encouraged to report any counterfeits or counterfeit fraud activity by email to Davis at the Anti-Counterfeiting Educational Foundation or Doug@ACEFonline.org.

Too see expanded views of the fake 2013 American Silver Eagle image read the article below in full.

Source: Counterfeiting battles continued in May | Coin Update