• Report: #534980

Complaint Review: National Collectors Mint

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  • Submitted: Sun, December 06, 2009
  • Updated: Mon, December 07, 2009

  • Reported By: Richard5215 — United States of America
National Collectors Mint
Internet United States of America

National Collectors Mint They advertise their own fraud, Internet

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This outfit is using a high pressure TV ad to peddle a replica Buffalo $50 gold piece that they are selling for $19.95.  They say in the ad that the coin is clad in 31 milligrams of pure 24-carat gold.  A little arithmetic converts 31 milligrams to 0.001093 ounce.  At $20 for the 31 milligrams, this works out to $18,298 per ounce.  Last I checked the price of gold bullion was a bit short of $1100/ounce!  They aren't going to scam me, and I hope this alerts anyone else thinking about doing business with them. Crooks!

This report was posted on Ripoff Report on 12/06/2009 11:44 PM and is a permanent record located here: http://www.ripoffreport.com/r/National-Collectors-Mint/internet/National-Collectors-Mint-They-advertise-their-own-fraud-Internet-534980. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year.

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