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Report: #388409

Complaint Review: James Crumwel Of Madison Wellesley Associates - Quakertown Pennsylvania

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  • Reported By: Sarasota Florida
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  • James Crumwel Of Madison Wellesley Associates 641-7 South West End Blvd, Suite 124 Quakertown, Pennsylvania U.S.A.

James Crumwel Of Madison Wellesley Associates Sold Worthless or OVERPRICED Stamps Quakertown Pennsylvania

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I was contacted many times over the last 3 years by James Crumwel to sell me rare stamps. I was to hold these stamps for an auction coming up in the near future. He stated his company would always guarantee the purchase price of the stamps & when they were sold they would take a 10% fee of the sales price.
I have been putting these stamps in my safety deposit box to save for a rainy day or my retirement. I will say every time he called me he asked me if I had the stamps in a safe place & not to handle them without gloves which I assured him I did!
Well it is raining out & when I tried calling James I get a voice mail just saying to leave a message. I started checking on my stamps & the 1st stamp (Babe Ruth 1983) I checked on that he told me these were the only 2 in existence are actually worth about $1 each.
I started checking on my inverted Elvis Presley sets that I was told there were on 12 sets in existence. I saw them on e-bay for just under $300 for 2 stamps which there are 8 stamps to a set.
The other stamps I have I cannot even find any info about them. They sure look rare & authentic!
I have spent 17K to 20K and I would certainly love to get a piece of these creeps.
I consider myself a pretty savvy business man & I was totally trusting of them. I got to say they were smooth.
The payments made to them show up on my credit card as Collectibles & IP-ISS Collectibles from Houston Texas.
I wish I would have checked them out. I am still going to file something with my credit cards but I know my time is past getting any money back.
I think this guy also worked with Alexander Coral from Hampton Collectibles 780 Worthshire Street, Houston, Texas 77008 Phone (disconnected)888-509-7454 ---Fax 866-837-8508


Dave
Sarasota, Florida
U.S.A.

This report was posted on Ripoff Report on 11/05/2008 08:05 PM and is a permanent record located here: https://www.ripoffreport.com/reports/james-crumwel-of-madison-wellesley-associates/quakertown-pennsylvania-18951-1423/james-crumwel-of-madison-wellesley-associates-sold-worthless-or-overpriced-stamps-quakerto-388409. 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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