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NGC President Visits Universal Coin & Bullion

October 10, 2011

Michael Fuljenz with NGC President – offering certified gold and silver coins
Universal Coin & Bullion managers and consultants meeting with NGC President Rick Montgomery. Left to right: Gary Linthicum, Tommy Novak, UCB President Mike Fuljenz, Rick Montgomery, Trey Boe and Darren Foust.

(Beaumont, Texas) -- Rick Montgomery, President of Numismatic Guaranty Corporation visited the offices of Universal Coin & Bullion (www.UniversalCoin.com) in Beaumont, Texas on October 6, 2011 to meet with the company's sales staff and discuss the importance of third-party authentication and grading for consumer confidence and assets liquidity in the numismatic marketplace.

He explained the processes NGC uses to evaluate coins, and said his company now is examining an average of 125,000 coins each month. He also said NGC is working to remove from the marketplace counterfeits being made in China and sold in the United States.

It was Montgomery's second visit to Universal Coin & Bullion, but not the second time he's met with the company's President, Michael Fuljenz.

"Rick and I worked together in the 1980's as graders at ANACS (then the American Numismatic Association Certification Service), and we taught grading and counterfeit detection classes together for collectors, dealers and even Secret Service and FBI agents," said Fuljenz.

"Rick is one of the foremost rare coin authenticators and graders in the country, and we were honored to have him visit. We sell a lot of NGC-certified coins and respect their products."

For additional information, contact Universal Coin & Bullion at (800) 459-2646.



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The Mike Fuljenz Metals Market Report

April 2014 – Week 3 Edition

Gold has been very volatile in the last week, rising from below $1284 on April 3 to $1330 on April 14 before correcting back to $1300 on Tuesday, April 15. Still, it's encouraging to see gold remain slightly above $1300 after starting the year at $1200. Meanwhile, the Dow Jones Industrials are down over 2% and the once-glamorous NASDAQ tech stock index fell 5% in the last week. Gold rose Friday on high producer price inflation and then got a boost Monday on a revival of violence in Ukraine, but consumer price inflation (released Tuesday) was "tame," so gold retreated, despite continuing tensions in the Ukraine.