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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