G & F Coin Galleries

Has anybody done business with G & F Coin Galleries? I am considering their monthly acquisition program. They mail you coins and you keep or mail back. It seems like it can be a good deal. Free BU Peace Dollar and every 10th month free, should be a good deal. The price point on their packages seems good compared to retail. They don't have an online presence, which as a child of the '90s this is almost unacceptable to me. :smile I'm sure most of you have seen the adverts, as they are in the first few pages of every "Coins" magazine. If you havent here is a little sample: http://coins.coverleaf.com/coins/200901/?pg=5 Let me know your thoughts.

 

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I tried a one time $200 purchase hoping it would lead to a monthly program, sounded good. What I got was a few cleaned coins which even if uncleaned were not worth $200. I complained about the cleanings and was told "all old coins are cleaned". I later resold them listing them as cleaned, lost some money but gained some knowledge. I should have returned them and don't remember why I didn't so I can't comment on their return policy so perhaps it would be worth a try if you would only be out the postage but it didn't work for me.

 

Though I've never tried them myself, everyone I know who has been duped by a subscription program has had nothing but bad things to say. I wouldn't touch it with your money!

Chris

 

Littleton tried that with me. Sent some other coins with the coins I purchased. I sent them back with the pre paid envelope they sent. Pretty painless, but I would never take un wanted coins in the mail like that. IMHO

 

Do yourself a big favor, and do not subscribe to this continuity programs . You will only loose some money .

 

how can they be members of the ANA if they are selling cleaned coins and not informing you?

 

The link in your post is restricted access.

 

I would be suspicious of anyone selling raw coins on a subscription program. These places are looking to rip you with cleaned / overgraded / overpriced material.

 

Shhhhhhh I have heard they make profit on every sell

 

And that about sums up my opinion of those subscription programs too.

 

I want a monthly program - I find it to be a good way to add misc coins to my collection, and it seems it may provoke interest in types I do not currently collect. But, I have yet to fine one I liked. I did try G&F - and QUICKLY told them to pound sand. I received cleaned overpriced coins. When I called them about it, the customer service was as good as the worthless coins.

 

you got the kiss off??? report them to bbb ???

 

Agreed, the price is always too high. And, for that reason, I generally steer clear of them. However, I like the concept.

All that said, I guess I could add - to compensate for the lack of a suitable monthly program, I genneraly walk into the coin shop and ask to see a couple of "recomendations" around $XX. I find this offers the same concept, better pricing, and a better experience. However, if there were a fairly priced monthly program to ever come about, I would likely look into it and perhaps try it. Call me crazy, but, I like the suprise of opening the shipment sometimes and I find it to be a good introduction to new types/series (I just refuse to pay too much, and refuse poor service).

 

There's no profit in it!

 

This reminds me of those buy ten albums for 10 cents programs they used to run. We ended up with a lot of albums we never listened to, you had to buy so many over the next year.

 

Couldn't agree with the posts more ... wish I had looked at this string earlier. The program was just what I was looking for, to build a collection over time at "special" rates which are quoted as less than retail. I recently gave it a shot for 2 months, and like other posts stated above, could have saved 1/2 my money buying through a coin show dealer or on ebay should you choose to go that way. Unfortunately, would strongly recommend staying away from G&F, such a great idea but such a bad deal!