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Fuljenz honored for gold investigations

Michael Fuljenz, president of Universal Coin & Bullion in Beaumont, Texas, has been honored with excellence-in-journalism awards from the Press Club of Southeast Texas in connection with his consumer protection work about traveling gold buyers.

He has been assisting with news media investigations of gold-buying companies that move from community to community across the United States. Subsequent news stories reported that some of the itinerant buyers offered only pennies on the dollar for rare gold coins and jewelry, despite their frequently advertised claims such as “No one pays more.”

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Fuljenz received a first place award for Best Investigative Radio Report for one of his weekly programs on KLVI News Talk AM 560 that featured a consumer advisory discussion about gold buyers with Jerry Jordan, managing editor of The Examiner newspaper in Beaumont. Jordan also received a first place award for Best Investigative Newspaper Report for his continuing series of “Seller Beware” stories about the gold buyers.

The Press Club also honored Fuljenz with a second place award for Best Radio Talk Show, also broadcast on KLVI.

Fuljenz loaned more than $40,000 of rare coins and gold jewelry to investigative reporters and editors locally and nationally who then took them to traveling buyers for their offers. One buyer offered only $60 for a U.S. gold coin independently valued at $10,000 by Fuljenz and fellow members of the Professional Numismatists Guild.

Last year, the Numismatic Literary Guild honored Fuljenz and Jordan with five national journalism awards for their exposé work and urging consumers to be careful when buying or selling gold and rare coins. Over the years, Fuljenz has received 35 NLG awards in nine different categories.

For more, visit www.universalcoin.com, or call (877) 899-8380.

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