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Don’t Pay ‘Outrageous’ Prices

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Unread 01.27.13, 10:04 PM
@PersonalLiberty @PersonalLiberty is offline
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Don’t Pay ‘Outrageous’ Prices

01.27.13 10:01 PM

Dear Bob,

I called National Bullion and Currency Depository on Jan 11th to order some of the $5 gold eagles.* Jason White took my order.* He informed me that they were sold out but I could get the $10 gold eagle for the same price per oz which was $840 for each of the $10 coins.* I then put an order in for 6 of the 1/2 oz coins for a total of $5040 + $20.00 S & H.* I received my order today, but they must have gotten something screwed up.

What I received was:

QtyDescriptionAmount12004 $10 gold eagle proof 701225.0012006 $25 gold eagle MS 702056.002$25 gold eagle – bullion1680.00Shipping and handling20.00TOTAL$4981.00

I don’t buy numismatic coins but even if I did, their prices are outrageous.* I could buy a*2006 1/2 oz Gold American Eagle MS-70 PCGS (First Strike) from APEMX for $999.90.* I will call Jason tomorrow to cancel the order.* I expect them to arrange to have Fed Ex, UPS or USPS*pick this order up from my house and give me full credit of the $4981.00.* I would be willing to keep the two, 1/2 oz bullion coins for $840 each and pay the $20.00 S&H.* Or what would you suggest?* I definitely don’t want the numismatic coins.

L.J. M.

Dear L.J.M.,

I would send them back, keeping the ˝ ounce if they agree. Then I would find a local dealer who is reputable and established and make a purchase from them for the other coins you want. You are correct in that you don’t want numismatics.

Best wishes,


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