Counterfeit Gold and Silver Coins Burning Buyers

Don’t Waste Your Money

by John Matarese
WCPO, Cincinnati

The price of gold is heading up again in 2016, as investors worry about the safety of the stock market. As a result, you may be noticing more radio commercials and online ads for gold coins.

But before you invest, coin experts are warning you to beware counterfeits that are flooding the market right now.

Counterfeits Showing up Everywhere

At Coins Plus — a downtown Cincinnati landmark for 40 years — owner Brad Karoleff now spends a lot of his time checking for counterfeits.

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