Public Buying Gold On North Korea News
(Beaumont, Texas) August 9, 2017 — “There’s been a lot of gold buying by the public since Tuesday. Gold coin purchases by collectors, investors and dealers are up dramatically this week. We’ve seen an increase of about 40 percent in gold coin sales this week compared to typical weeks,” said Michael Fuljenz, President of Universal Coin & Bullion, Inc. (www.UniversalCoin.com) in Beaumont, Texas.
“With the stock market reacting negatively to North Korea-related news, we’re seeing people liquidating some of their stocks and allocating more funds in gold. I’m hearing this from my customer service staff and from other dealers large and small across the country,” explained Fuljenz.
In his weekly Metals Market Report issued this past Tuesday morning, Fuljenz predicted: “…some unexpected international event could send gold soaring quickly – no matter what the dollar does – and such a moment may be brewing in North Korea.” A short time later, following President Trump’s “fire and fury” warning, gold prices began to jump.
Fuljenz also advised: “If gold prices sharply rise from tensions with North Korea, watch for the U.S. rare coin market to also jump. Sharply higher gold prices have been the primary reason for past rare coin bull markets where prices rise 100% to 1000% in only a few years.”
About Michael Fuljenz:
Universal Coin & Bullion President Michael Fuljenz has won dozens of prestigious national and regional awards and honors for his consumer education and protection work in rare coins and precious metals. A respected community leader in his hometown of Beaumont, Texas, Mike also has served with distinction as a consultant to the Federal Trade Commission, United States Mint and Royal Canadian Mint, and is on the Boards of Directors of the influential Industry Council For Tangible Assets, Crime Stoppers of Beaumont, Texas, and is a member of the Professional Numismatists Guild (PNG) and a PNG Accredited Precious Metals Dealer.
U.S. MINT VIDEO: Ellis Island New Jersey ATB B-Roll
Production b-roll of the 2017 Ellis Island Quarter.
Direct link to video: click here.
2017 $2 Single Note Collection – Household Restrictions Waived, Individual Notes Are Now Available
First Day of Sale: August 1, 2017 (8:00 a.m., ET) – The Bureau of Engraving and Printing (BEP) is pleased to introduce the 2017 $2 Single Note Collection, featuring Series 2013 $2 notes from the New York, Atlanta, and San Francisco Federal Reserve Banks and a Series 2009 note from the Dallas Federal Reserve Bank with non-matching serial numbers beginning with 2017. Each note is protected by a clear, acid-free polymer sleeve in an attractive folder representative of the corresponding Federal Reserve District.
Please visit our website for more product information. CLICK HERE
BEP: The Monthly Production Report for June 2017 Has Been Posted
The Monthly Production Report for June 2017 Has Been Posted.
Please click here to access the report.
For a direct link to the PDF report, click here. ![]()
Mike Fuljenz Honored At 2017 World’s Fair of Money
The Industry Council for Tangible Assets (www.ICTAonline.org) presented him with the Al Kreuzer Memorial Award medal for “outstanding contributions in the efforts to combat counterfeit coins and currency.”
Fuljenz is a long-time member of the ICTA Board of Directors and a member of their recently-formed Anti-Counterfeiting Task Force. Since the 1980’s he has taught many counterfeit detection and rare coin authentication seminars for collectors, dealers and law enforcement officers.
“I am proud and honored to receive this award, and look forward to additional work with ICTA and other organizations to combat counterfeits and educate the public about the needs to buy and sell rare coins and precious metal bullion coins only with reputable, knowledgeable dealers, such as members of the Professional Numismatists Guild (PNG),” said Fuljenz.
Fuljenz is a member of the PNG’s Accredited Precious Metals Dealer program that requires all members to adhere to a strict code of ethics in the buying and selling of gold, silver and other bullion products. He now has won major awards from the four top organizations in the rare coin hobby and profession: the American Numismatic Association (ANA), Numismatic Literary Guild (NLG), Professional Numismatists Guild (PNG) and the Industry Council for Tangible Assets.
A strong consumer advocate, he received the prestigious PNG Sol Kaplan Award in 2016 in part for assisting an 84-year man recover the $84,000 he had paid to two unscrupulous dealers who sold him counterfeit American Eagle gold coins. Earlier, Fuljenz assisted a group of New Orleans physicians recover $750,000 after they unsuspectingly purchased counterfeit coins from a local attorney.
Summing up the rare coin marketplace during the ANA show in Denver, August 1 – 5, he commented:
“Really nice coins and important coins were in short supply, and highly desired by leading dealers and collectors at the show. These types of coins often brought impressive prices at auctions this week. The United States Mint had long lines of customers wanting to buy their new products. The U.S. Treasury Department exhibits by the United States Mint and the Bureau of Engraving and Printing are always popular and educational.”
In addition to receiving an award at the World’s Fair of Money, Fuljenz presented two of them. As 2016 recipient of “The Ribbit,” an important honor presented annually by the NLG for outstanding service to the hobby, he presented the 2017 award to David Hall, co-founder of Professional Coin Grading Service. “David is one of the top professional leaders of the hobby who certainly deserves recognition for all he has done to promote numismatic education,” explained Fuljenz.As sponsor of the ANA’s top honor, the Farran Zerbe Memorial Award, Fuljenz co-presented it with ANA President Jeff Garrett to Brian Fanton of Iowa. “Brian surprised me at the ceremony by telling me he recalled how much he enjoyed taking one of my ANA coin grading seminars back in the 1980’s,” said Fuljenz.
Known as America’s Gold Expert®, Universal Coin & Bullion President Michael Fuljenz has won more than 60 prestigious national and regional awards and honors for his consumer education and protection work in rare coins and precious metals. His weekly Metals Market Report is available free at www.UniversalCoin.com.

