Experiences with Universal Coin???

Discussion in 'Coin Chat' started by caestelle, Feb 16, 2008.

  1. caestelle

    caestelle Junior Member

    I finally got the 2008 Redbook and inside there is a an offer from Universal Coin that sounds to good to be true. But, before I just ignore it I thought I would get some other opinions.
    ---------------
    Here is the offer:
    Receive a FREE* NGC Certified 2007 $1 Silver American Eagle GEM Brilliant Uncirculated Condition

    Here are the two * lower on the page:
    *You pay only $10, the cost of priority shipping, handing and insurance. Limit
    one (1) free coin per household.
    * We may contact you from time to time regarding items of interest

    ---------------

    So it sounds like you get a silver eagle for $10...which sounds to good to be true.

    Has anyone tried this???

    THANKS!!
     
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  3. silver surfer

    silver surfer Senior Member

    Don't do it,I sent for the "free" silver eagle from universal 2yrs ago,it wasn't worth it.They put your name in a database and call you all the time pitching overpriced coins.
    You are required to provide a credit card # to receive the silver eagle and i belive they sold my card # and info to a telemarketing co.
    Also read somewhere that they were sued for misrepresenting coin value's and bilking elderly people.
    There out of texas and not legit.
     
  4. Aslanmia

    Aslanmia Active Member

    Bilking the elderly... man, if there's anything such as karma, they'll all get cancer.
     
  5. Spider

    Spider ~

    I did it, got my coin for 10 bucks, very nice looking one

    they called me 3 times and eventually gave up, but it is your call
     
  6. MVC

    MVC Senior Member

    I saw an offer from them some time ago for some "Free" books. I did NOT have to give my CC number. I knew I would get called and sure enough I did. they gave up after a while and I got a few free coin books out of it.
     
  7. Just Carl

    Just Carl Numismatist

    I too saw that add in the 2007 edition for two coins for $10 for postage and handling. I called the number and told them I'd send a check for the $10 and they said OK. I told them I didn't have a credit card. I heard from someome that they actually sent 3 by mistake. This offer clearly stated they would also send you one of their newsletters occationally and they did. Then came the 2008 Red Book offer and again I did the same thing and got my coin. This time only one Silver Eagle, not two like last time.
    They did call a few times but no big thing. I do like thier newsletters though. Lots of advertisements for themselves naturally but some educationa info as well. No high pressure at all. I've never purchased anything else from them, but so far no complaints.
     
  8. gopher29

    gopher29 Coin Hoarder

    I took advantage of that offer when the 2008 Red Book first came out back in April of 2007. They sent me a NGC slabbed 2007 SAE for only $10 as advertised. They did call me a few times trying to sell me other stuff but I have caller ID and just don't bother to pick up. It's a good deal that I would recommend to anyone but I doubt they will be willing to honer the ad anymore because silver is over $17 now. Let us know what they tell you if you call them.
     
  9. bqcoins

    bqcoins Olympic Figure Skating Scoring System Expert

    never heard of them
     
  10. Speedy

    Speedy Researching Coins Supporter

    Yeah, I get calls from them as well....the reason being that I got one of their free books....not worth $1.
    The last time they called the guy said that he was calling from TX.....
    I said...."Oh, right down there near Heritage".
    He said.... "Yeah"
    I said...."I've got some friends that work there"
    He said...."You work for Heritage?"
    I said....."No..."
    Shortly after that he hung up.....said that he was just checking to make sure they had the right address and PH #...yeah right. He decided that if someone knew about Heritage he wasn't going to make a sale selling over priced junk!

    Speedy
     
  11. gopher29

    gopher29 Coin Hoarder

    Do you really have friends working for Universal coin & Bullion or is that just the BS you tell them to get rid of them?
     
  12. GDJMSP

    GDJMSP Numismatist Moderator

    He meant friends that work at Heritage gopher.
     
  13. gopher29

    gopher29 Coin Hoarder


    Is Heritage another one of those mass marketing companies in Beaumont, Texas? Are they affiliated with Universal Coin & Bullion, 1st American Reserve, First Fidelity Reserve, etc.?
     
  14. gopher29

    gopher29 Coin Hoarder

  15. GDJMSP

    GDJMSP Numismatist Moderator

    No they are not. Heritage is the largest and one of the most repsected auction houses in the hobby.
     
  16. gatzdon

    gatzdon Numismatist

    I got the coin for $10. Really sad that NGC lent their name to verifying the authenticity of an ASE without actually grading it.

    They are very aggressive sellers. Don't ever say the word YES or anything that sounds like it on the phone with them. When they called me to try to sell more of their overpriced crap, I just read back the prices from apmex.com (which were 1/10 to 1/4 of what they were asking).

    They stopped calling and never called since.
     
  17. Captainkirk

    Captainkirk 73 Buick Riviera owner

    When I fill out a form like that, I always accidentally mess up one digit in my phone number. Someone else in my town gets the call.This is probably not an ethical practice.
     
  18. Just Carl

    Just Carl Numismatist

    Not sure what form you mean. In the Red Book there is a phone number to call and that is all you have to do. Call and request that offer. Of course that offer is no longer available. I still get thier newsletters and for free, I'll take it.
     
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