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Report: #306542

Complaint Review: Grand Continent Collectibles Franklin Philatelic-Bookmark Collections Lloyd's Certified Philatelics, - Lighthouse Point Florida

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  • Reported By: Newark California
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  • Grand Continent Collectibles Franklin Philatelic-Bookmark Collections Lloyd's Certified Philatelics, 2436 N. Fedral HWY. #181 Lighthouse Point, Florida U.S.A.

Grand Continent Collectibles - Barrington Chase - Bookmark Collections - Lloyd's Certified Philatelics - Franklin Philate - Bookmark Collections Sold me four sets of "rare flawed stamps" that were an investment. Ranged from $500 to $700 dollars. Said would be 10 times their worth. Lighthouse Point Florida

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Purchased four flawed stamps that were promised to go up in valued at least 10 times in 5 years time. I have tried to contact the company just today and realized they don't exsist after trying to research them. I purchased them from Franklin Philatelics. I have certificates of authenticity, receipts, letters stating their value and amount of purchase. I really thought they were worth something. I even listed them on E-bay with the attempt to get what I thought they were worth. I don't know what to do now. I am infuriated. I purchased the Elvis inverted stamp. I purchased the Honey bee stamp where the bee is not over the yellow part stamp. The offset tom sawyer stamp. Last but not least, the Christmas nativity stamp where the 8 cents is accidentally printed over the US part.

All and all I spent over 2 thousand dollars and took it from my savings account thinking it was "safer than in a savings account" as was promised. I tried to be kind to the seller and tell them I didn't have the funds as I was about to purchase braces with some of it in a couple of years. He stated there was no better investment and no higher yield or taxes on this investment.

I am so upset i can't even state my disappointment as I now have a true family emergency and went to cash in these stamps only to find out I've been ripped off. No one should get away with highway robbery!

Mygoofy
Newark, California
U.S.A.

This report was posted on Ripoff Report on 02/05/2008 10:54 PM and is a permanent record located here: https://www.ripoffreport.com/reports/grand-continent-collectibles-franklin-philatelic-bookmark-collections-lloyds-certified-philatelics/lighthouse-point-florida-33064/grand-continent-collectibles-barrington-chase-bookmark-collections-lloyds-certified-306542. 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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