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coincrazy
New Member
USA
11 Posts |
 Posted - 05/17/2010 : 19:11:53
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Hey all,
Saw a commercial on tv selling $5 eagles for $132 Minimum 5 per order so I called them and with shipping + insruance UPS ($31) the total comes to $691.
Here is the website: usmoneyreserve.com
Thoughts and opinions? Anyone dealt with them before? Perhaps you can make a better deal ;)
Thanks,
Justin
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Edited by - coincrazy on 05/17/2010 19:17:19 |
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Shattered
Penny Hoarding Member
USA
523 Posts |
Posted - 05/17/2010 : 19:52:16
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| I just saw this commercial too. I am interested to know also. |
"I need metal in my life, just like an eagle needs to fly."
-Joseph DeMaio : Die For Metal |
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coincrazy
New Member
USA
11 Posts |
Posted - 05/18/2010 : 09:04:14
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After some research I found on a kitco forum from feb of last year quite a few people talking about this company. I think they are selling older coins so they would be 2009 or 2008. The kitco forum said they were looking for $84/coin and saw the ad in a magazine.
Most did get the coins but others had issues which mostly seemed like the buyer not understanding the nature of markets and price fluctuations. Some said they got calls about future deals and some upsale attempts when making the order about other products. I'm going to check a local shop here and see what they can offer since the price is going down today I might be able to get a better deal there without the shipping costs. |
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Fatboy
Penny Sorter Member
USA
81 Posts |
Posted - 05/18/2010 : 18:50:53
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They will most likely deliver what you agree on and then send you color glossy post cards every other month for coins at incredibly high prices. They will come without an envelope. Their deals are not worth it in my book. Call a real coin/PM, dealer/distributor that won't hassle you or send you anything in the mail. An occasional email would be OK but these guys are just silly.
Edited to add,
Be sure to check the BBB of Austin Tx out, I am sure you will see "great reviews", one of which I gave them! |
Edited by - Fatboy on 05/18/2010 18:55:16 |
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Fatboy
Penny Sorter Member
USA
81 Posts |
Posted - 05/18/2010 : 19:08:52
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Here I will help you a bit, I did the legwork they got a C-:
You must be logged in to see this link.
BBB Reliability Report
United States Rare Coin & Bullion ReserveBBB Rating C-
Ratings Explanation BBB issues Reliability Reports on all businesses, whether or not they are BBB accredited. If a business is a BBB Accredited Business, it is stated in this report.
Is this report helpful? Yes | No
Find out more about United States Rare Coin & Bullion Reserve:
BBB Accreditation
BBB Rating
Business Contact and Profile
Products and Services
Additional Locations and Phone Numbers
Customer Complaint History
Government Actions
Advertising Review
Industry Tips
BBB Copyright and Reporting Policy
Feedback
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BBB Accreditation
This business is not a BBB Accredited Business.
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BBB Rating for United States Rare Coin & Bullion Reserve
Based on BBB files, United States Rare Coin & Bullion Reserve has a BBB Rating of C- on a scale from A+ to F.
Reasons for this rating include:
35 complaints filed against business
Click here for an explanation of BBB Ratings
The Better Business Bureau has received a pattern of complaints alleging consumers purchase coins from the company and later find out through independent appraisal that the coins are not worth the price they paid for them.
The company responds that coin dealers may not always appraise certified coins appropriately since their profit margins depend on the cost at which they acquire coins. Therefore, an individual will most likely not receive the full market value for their certified coins from a coin dealer.
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Business Contact and Profile for United States Rare Coin & Bullion Reserve
Name: United States Rare Coin & Bullion Reserve
Phone: (512) 249-5194
Fax: (512) 279-0296
Address: 8303 N Mopac Expy # B300
Austin, TX 78759
Website: You must be logged in to see this link.
Original Business Start Date: September 2001
Entity: Corporation
Incorporated: August 2001, DE
Type of Business: Gold, Silver & Platinum Dealers, Coin Dealers, Supplies
BBB Accreditation: United States Rare Coin & Bullion Reserve is not a BBB Accredited business.
Additional DBA Names: U.S. Money Reserve Inc.
USRCBR
The BBB has requested basic information from this company but has not received a response. As a result, the BBB may not have current information about the company
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Products and Services of United States Rare Coin & Bullion Reserve
Sell US Government minted gold, silver and platinum coins to the general public.
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Additional Locations and Phone Numbers
Additional Phone Numbers
Tel: (800) 867-6101
Tel: (800) 453-1393
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Customer Complaint History for United States Rare Coin & Bullion Reserve
When considering complaint information, please take into account the company's size and volume of transactions, and understand that the nature of complaints and a firm's responses to them are often more important than the number of complaints.
BBB processed a total of 35 complaints about United States Rare Coin & Bullion Reserve in the last 36 months, our standard reporting period. Of the total of 35 complaints closed in 36 months, 13 were closed in the last year.
Advertising Issues
Resolved
1 - Company resolved the complaint issues. The consumer acknowledged acceptance to BBB.
2 - Company addressed the complaint issues. The consumer failed to acknowledge acceptance to BBB.
Contract Issues
Resolved
1 - Company resolved the complaint issues. The consumer acknowledged acceptance to BBB.
Billing or Collection Issues
Resolved
1 - Company addressed the complaint issues. The consumer failed to acknowledge acceptance to BBB.
Sales Practice Issues
Resolved
14 - Company resolved the complaint issues. The consumer acknowledged acceptance to BBB.
3 - Company addressed the complaint issues. The consumer failed to acknowledge acceptance to BBB.
Administratively Closed
1 - BBB determined the company made a reasonable offer to resolve the issues, but the consumer did not accept the offer.
1 - Company agreed to mediation in accordance with their BBB agreement, but the consumer declined.
Delivery Issues
Resolved
1 - Company resolved the complaint issues. The consumer acknowledged acceptance to BBB.
Customer Service Issues
Resolved
1 - Company resolved the complaint issues. The consumer acknowledged acceptance to BBB.
Product Issues
Resolved
3 - Company resolved the complaint issues. The consumer acknowledged acceptance to BBB.
1 - Company addressed the complaint issues. The consumer failed to acknowledge acceptance to BBB.
Refund or Exchange Issues
Resolved
2 - Company resolved the complaint issues. The consumer acknowledged acceptance to BBB.
2 - Company addressed the complaint issues. The consumer failed to acknowledge acceptance to BBB.
Administratively Closed
1 - BBB determined that despite the company's reasonable effort to address complaint issues, the consumer remained dissatisfied.
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Government Actions
BBB has no information regarding government actions at this time.
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Advertising Review
BBB has no information regarding advertising review at this time.
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Industry Tips
Investor Alert! Beware of Companies Offering Quick Riches Selling Precious Metals and Other Commodities
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BBB Copyright and Reporting Policy
As a matter of policy, BBB does not endorse any product, service or business.
BBB Reliability Reports are provided solely to assist you in exercising your own best judgment. Information in this BBB Reliability Report is believed reliable, but not guaranteed as to accuracy.
BBB Reliability Reports generally cover a three-year reporting period. BBB Reliability Reports are subject to change at any time.
If you choose to do business with United States Rare Coin & Bullion Reserve, please let them know that you contacted BBB for a BBB Reliability Report.
ID: 52264
Report as of May 18, 2010 18:03
Copyright© 2010 Better Business Bureau
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coincrazy
New Member
USA
11 Posts |
Posted - 05/23/2010 : 20:28:11
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| WOW! Thanks for the information! |
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dakota1955
1000+ Penny Miser Member
2212 Posts |
Posted - 05/23/2010 : 21:06:09
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| you can find just about anything here at realcents |
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Coins on TV
Forum Locked
