Town East Gold and Silver Exchange Misrepresented value of coins and tried to scam them to buy bullion coins that were advertised as rare date and extremely contactable Prices extra for claiming coins were in Packaging From the US Mint Mesquite , Internet
*Consumer Comment: Law?
*Author of original report: Did you read all of it?
*Consumer Comment: Not buying this part.
1Author 2Consumer 0Employee/Owner
Misrepresented value of coins: were telling customers to buy bullion coins that were advertised as rare date and collictable and in original mint packiging when all were lies and were priced up to 300% over spot price of the base metal:;; I was told by employee that a silver eagle was worth more cause it was in its original mint paciging I told him no the bag says Littleton coin company that it's a dealer not the us mint the said o well it's a rare date silver eagle and was worth 80 dollars cause it was from 2004 IT'S A BULLION COIN., and my silver eagle I was looking to sell was only worth $23 well below spot and my coins were actually ms coins in air tires while there's we're in nasty bags with the advertising of another coin seller who they thought was was the us mint. Then was told my quarter ounce gold eagle 1992 proof grandest NGC pf69 ultra cameo was worth 440 I told him if I traded it to them if it would be worth more he said no then I asked about a 1/10 ounce eagle they had he told me $156.00 so I sai I would take it a min later he come back and says o no that 1/10 ounce is worth $500 because it is graded and u told them so is mine why isn't it worth more mine is also a 1/4 ounce proof then dropped my coins value and said mine was worth only $350 and I told him to explain to me how a 1/10 ounce business strike is worth $150 more than a 1/4 ounce graded proof just the gold alone is worth over double his and he replied it's a rare year very collectible I then asked him if he had a gold eagle that wasn't rare so he grabbed another 1/10 gold eagle and said that this one would be only $156 I told him I would buy it outright I gave him $160 cash he put the money in the register and was about to hand me the coin when his boss asked what he charged me he told his boss who said no I had to pay 180 I said no I have been quoted this price 3 times and always made up a fake reason the coin was worth and misrepresented them I was given my money back and told him I was going to meet him in the middle even though I already paid and everything and I told him you can make this right or I will go to the auturoney general and file a claim I they are selling billion coins and telling people they are in mint original paciging and were charging $50 over the value and telling coustomers a 1/10 ounce gold billion coin was worth $400 more than its real value. And was also told while waiting on the price of the coin I paid for...I asked about some prices on some of their Morgan's and why they were so hi when I told him I am a collector and know the value of any Morgan in any condition and they were trying to sell cleaned coins as ms and was also lied too and told a 2012 1 oz silver philharmonic was worth $60 over spot because it was a European coin and had a face value on the coin it says 1.5 euro so at most 3 dollars usd and I told him you coin go anywhere and buy that can for $2.00 over spot price and I asked if I went and bought some how much he would give me he said $23 dollars I asked and you would sell it for $50 over an he said yes. When I asked about the $60 margin he just said thats the coin business. I told him a bad deal is 5% between buy and sell and his was unfair and told him he was wrong about their value and he then took all the coins they were (misleading and telling coustomers it was a good investment) and hid them under counter and said oh these aren't even for sale. At this time as a moral human being I could not let them knowingly lie and steal from people I left after being told he would not sell me the coin for $170 i left called the state AG office and they were appalled and are working on a claim do not go there they are robbing people blind and telling them they have coins rare numismatic coins when in fact they have bullion worth hundreds of percent less than they paid.
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1Author 2Consumer 0Employee/Owner
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