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Report: #1523278

Complaint Review: Rosland Capital - LOS ANGELOS CALIFORNIA

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  • Reported By: Tom — Maryland United States
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  • Rosland Capital LOS ANGELOS, CALIFORNIA United States

Rosland Capital Attempted Ripoff/misrepresentation of gold coin value LOS ANGELOS CALIFORNIA

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I called Rosland Capital based on their advertizement. They told me that they had some Billie Jean King proof 1/4 ounce gold coins that would be a good investment. They asked me how much I had to spend. I told them $100,000. They said that would buy me 87 coins. 21 3/4 ounces. The pure gold value would be $39,150 based on $1800 per ounce.They said they were made by Pamp Suisse which was the official Switzerland Mint. This was untrue. Pamp Suisse is a private mint that will mint coins for anyone.For about $40,000 Pamp Suisse would make 87  quarter ounce proof coins. If someone spent $100,000 for these coins, , gold would have to go up to around $4600 per ounce to break even. These coins have no numismatic value.

 

This report was posted on Ripoff Report on 12/15/2022 12:58 PM and is a permanent record located here: https://www.ripoffreport.com/report/rosland-capital/los-angelos-california-1523278. 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. Ripoff Report has an exclusive license to this report. It may not be copied without the written permission of Ripoff Report. READ: Foreign websites steal our content

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