Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
Goldline Exclusive Coins...
>
Reply to Thread
Message:
<p>[QUOTE="Tinpot, post: 1644224, member: 35836"]Unfortunate you used them, but everyone makes a mistake or two in life. At least you figured out you were getting taken after awhile :thumb: </p><p><br /></p><p>I remember reading an article about a guy who spent $58,000 if I remember correctly with the Franklin Mint thinking he was building a nest egg for retirement, he went to sell his entire collection and it was worth about $2,000 dollars. </p><p><br /></p><p>Nvm looks like my figures were off a little, I found the article, from: <a href="http://billhicksisdead.blogspot.com/2012/04/sucker-born-every-minute-franklin-mint.html" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://billhicksisdead.blogspot.com/2012/04/sucker-born-every-minute-franklin-mint.html" rel="nofollow">http://billhicksisdead.blogspot.com/2012/04/sucker-born-every-minute-franklin-mint.html</a></p><p><br /></p><p><span style="color: #000000"><font face="Arial">Dear Mr. Berko: </font></span><b>During the past 25 years, I purchased more than $47,000 in collectible silver coins and beautiful non-silver coins from the Franklin Mint for my retirement because I thought the scarcity and limited-edition minting of these coins would drive up their value over the years and because I believed the silver content in the silver coins would also increase in value. Now I’m 64 and decided to sell these coins to a coin dealer who offered me $2,500 for the whole lot. He told me most of the coins were worthless, and the only coins that had any value were those with silver in them. I was devastated because when I was buying all those coins, the people at the Franklin Mint told me these coins were minted in limited production and would be more valuable to collectors in the future. I called two coin dealers in Detroit (these coins are too bulky to carry around) and both said they had no interest in Franklin Mint coins and said they don’t know any dealers who would buy them from me. My son told me to write you because he said you might know of buyers for them, and at this point I’d be very happy to get at least half of what I paid for them if possible. Please help me if you can. And if you cannot help me, do you think I can sue the Franklin Mint and recover my cost? And could you recommend a lawyer for me to sue them?</b></p><p><b><br /></b></p><p><b>DA</b></p><p><b><br /></b></p><p><b>Troy, Mich.</b>[/QUOTE]</p><p><br /></p>
[QUOTE="Tinpot, post: 1644224, member: 35836"]Unfortunate you used them, but everyone makes a mistake or two in life. At least you figured out you were getting taken after awhile :thumb: I remember reading an article about a guy who spent $58,000 if I remember correctly with the Franklin Mint thinking he was building a nest egg for retirement, he went to sell his entire collection and it was worth about $2,000 dollars. Nvm looks like my figures were off a little, I found the article, from: [url]http://billhicksisdead.blogspot.com/2012/04/sucker-born-every-minute-franklin-mint.html[/url] [COLOR=#000000][FONT=Arial]Dear Mr. Berko: [/FONT][/COLOR][B]During the past 25 years, I purchased more than $47,000 in collectible silver coins and beautiful non-silver coins from the Franklin Mint for my retirement because I thought the scarcity and limited-edition minting of these coins would drive up their value over the years and because I believed the silver content in the silver coins would also increase in value. Now I’m 64 and decided to sell these coins to a coin dealer who offered me $2,500 for the whole lot. He told me most of the coins were worthless, and the only coins that had any value were those with silver in them. I was devastated because when I was buying all those coins, the people at the Franklin Mint told me these coins were minted in limited production and would be more valuable to collectors in the future. I called two coin dealers in Detroit (these coins are too bulky to carry around) and both said they had no interest in Franklin Mint coins and said they don’t know any dealers who would buy them from me. My son told me to write you because he said you might know of buyers for them, and at this point I’d be very happy to get at least half of what I paid for them if possible. Please help me if you can. And if you cannot help me, do you think I can sue the Franklin Mint and recover my cost? And could you recommend a lawyer for me to sue them? DA Troy, Mich.[/B][/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
Goldline Exclusive Coins...
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...