United States v. Numisgroup Intern. Corp.

MEMORANDUM OF DECISION AND ORDER

SPATT, District Judge.

This decision addresses the interesting issue of whether the existence of objective and subjective grading factors immunizes a seller of coins from a criminal charge of fraudulently misrepresenting the grade and value of coins to prospective purchasers.

Defendant corporate entities Numis-group International Corp., Numismatic Asset Strategies, Inc., Galerie Des Numisma-tique, Ltd., Meridian Numismatics Inc., and the President and Chairman of each entity, Robert DuPurton (collectively, “the Numisgroup Defendants”), were convicted after a ten…