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NCA Recovers a Total of More Than $4 Million for C...

An organization has recovered nearly $900,000 for buyers who paid far more for coins than they were worth. The money represented full refunds in 16 recent disputes, according to the New Jersey-based not-for-profit group, the Numismatic Consumer Alliance, Inc. (NCA). The consumers had purchased the coins – mostly overpriced bullion coins and other modern issues – on the basis of telemarketers’ sales pitches,...

NCA Secures $863,000+ for 5 investors

Numismatic Consumer Alliance, Inc. (NCA) is pleased to announce that is was able to secure refunds of $863,902.00 on behalf of five investors within the last several months. In most cases, coins were sold at a very high markup and represented as excellent investments. In all cases, the victims were elderly. Year to date, NCA has recovered $1,220,366.00 on behalf of consumers. NCA is a not for profit corporation, incorporated...

Numismatic Consumer Alliance Inc. secures refund o...

Numismatic Consumer Alliance Inc. (NCA) is pleased to announce on February 7th of 2006 it was able to secure a refund of $18,660.00 on behalf of a New York City coin investor. The investor purchased a multitude of bullion coins graded MS 69 by a prominent third party grading service. NCA is a not for profit corporation, incorporated under the laws of the State of New Jersey. NCA was granted tax-exempt status by action of the...

Dealers form organization to secure collector reli...

Group recovers $326,450 for fraud victim Numismatic Consumer Alliance Inc. has been formed as a nonprofit corporation under the laws of New Jersey, as an organization of individuals and companies to fight fraudulent or illegal conduct within the coin trade. John Albanese, a longtime professional numismatist and a founder of both Professional Coin Grading Service and Numismatic Guaranty Corporation of America, is heading the...