ED Magedson – Founder
New York MintInternet USA
New York Mint grossly overcharged me for a 5 oz koala silver coin from perth mint Internet
I was called numerous times to get me to buy a 2011 ms-69 5 oz silver koala coin. It was a first time coinage from a reputable mint and was told they were in high demand and low mintage. My research did not even find the coin as it was brand new. I was charged a very good rate of 798 USD instead of their ususal 999 USD as I was a "good customer" (fool) so they said. I have noticed the coins sold a few months later for hundreds less and now sell for 300-400 USD. I had done a little business with them before and thought their prices were a bit high, but this coin was gouged beyond belief. I know I should have known better, but they were convincing. I told them when they called me with a deal again, that I would never do business with them again. WHAT A RIP-OFF! Coin shoppers beware.
This report was posted on Ripoff Report on 06/17/2013 08:11 PM and is a permanent record located here: http://www.ripoffreport.com/r/New-York-Mint/internet/New-York-Mint-grossly-overcharged-me-for-a-5-oz-koala-silver-coin-from-perth-mint-Interne-1059883. 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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