Silver, Gold American Eagles Most Counterfeited Bullion Coins

Jun 27, 2018 | ICTA, News

Since 1986 when the United States Mint first introduced silver and gold American Eagle bullion coins, they have been top sellers in the United States as well as around the world. A new survey conducted by the Anti-Counterfeiting Task Force indicates the popular U.S....

Man pleads guilty to selling, importing fakes; impersonating agent

Jun 27, 2018 | ICTA

ACTF plays key role in investigation and provides experts to identify fakes A New Jersey man admitted June 25 to impersonating a federal agent while selling counterfeit coins and bars and unlawfully importing counterfeit coins and bars into the United States,...

Warning to Coin Community About Supreme Court’s Interstate Sales-Tax Ruling

Jun 26, 2018 | ICTA, News

The landscape of online shopping changed with last week’s Supreme Court 5-4 decision in the South Dakota v. Wayfair case. The Court’s decision is that states can now require online retailers beyond their borders to collect sales-tax revenue from consumers. While most...

Federal grand jury indicts coin dealer for sale of counterfeit coins, mail fraud

Apr 13, 2018 | ICTA, News

A Minnesota federal grand jury has returned a 6-count criminal indictment charging coinCourter Barry Ron Skog with five counts related to the sale of counterfeit coins and one count of mail fraud. According to the indictment filed April 10 in U.S. District court, the...

Greg Allen new ACTF Steering Committee chair

Mar 29, 2018 | Announcements, ICTA

World Mint Work Group joining anti-counterfeiting effort Industry Council for Tangible Assets Chairman Philip N. Diehl has announced the appointment of Greg Allen as chair of the Anti-Counterfeiting Task Force Steering Committee. ACTF Steering Committee members serve...

Statement issued upon Senate confirmation of David J. Ryder as Mint Director

Mar 22, 2018 | ICTA

“We welcome the news that the U.S. Senate has confirmed President Trump’s nominee, David J. Ryder, as the 39th director of the United States Mint,” said Philip N. Diehl, chairman of the Industry Council for Tangible Assets. “It’s hard to imagine a better-qualified...

Alabama Becomes 37th State with a Sales-Tax Exemption

Mar 8, 2018 | ICTA, News

On Tuesday, March 6, 2018, Alabama governor Kay Ivey signed into law Senate Bill 156 to exempt the gross proceeds from the sales of gold, silver, platinum, and palladium bullion, and money from sales and use tax for five years. The law is a sales-and-use tax exemption...

ICTA appoints seven to non-profit foundation board

Mar 5, 2018 | ICTA, News

The Board of Directors of the Industry Council for Tangible Assets has appointed seven industry leaders to guide the Anti-Counterfeiting Educational Foundation (ACEF), the non- profit organization recently formed to receive contributions to support the work of its...

Investors Should Exercise Caution Investing in Individual Retirement Account Home Storage

Jan 16, 2018 | ICTA, News

Some precious-metals bullion dealers recently have been advertising “home storage” as a legal and beneficial option for storing bullion that may be invested in an individual retirement account (IRA). The “home storage” concept may conflict with the laws that allow for...

North Carolina Dealer Honored with Service Award

Jan 16, 2018 | ICTA, News

Industry Council for Tangible Assets dealer member Mitch Hyatt (Hyatt Coin and Gun Shop, Charlotte, North Carolina) was honored during the ICTA dinner and update cruise aboard the Yacht StarShip II in Tampa, Florida, on January 3 as the recipient of the 2017 Diane...