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Despite Chapter 11 and fraud allegations, coin dealer back in business

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Arizona Coin Collector

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Aug 23, 2009, 5:54:00 AM8/23/09
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FROM:
http://tampabay.bizjournals.com/tampabay/stories/2009/08/24/story1.html

Despite Chapter 11 and fraud allegations, coin dealer back in business

Tampa Bay Business Journal
by Jane Meinhardt Staff Writer
Friday, August 21, 2009

TAMPA - Well-known and embattled coin dealer
Mark Yaffe has a new company with what may
be an appropriate name: The Phoenix Gold
Corporation.

Just two weeks after National Gold Exchange
Inc. - the coin business Yaffe and his brother
opened more than 20 years ago - filed for
Chapter 11 bankruptcy reorganization, Yaffe
is operating another firm dealing in coins.

In e-mails to other coin dealers, Phoenix Gold
describes itself as a wholesale distributor of
precious metal products. Its address on North
Dale Mabry Highway is several doors from
NGE's current location.

State corporate records show Phoenix Gold
incorporated Aug. 4 with Yaffe as the sole
officer.


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