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I Watched Coin Vault For The First Time - OMG!
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<p>[QUOTE="Sundance79, post: 2916901, member: 84413"]I’ve read a lot of the stories about how bad Coin Vault is so when I was flipping through channels the other day I saw it listed so I had to take a look.</p><p><br /></p><p>OMG – It’s worst that I had read about.</p><p><br /></p><p>I watched the tail end of one offering, an NGC slabbed coin. Can’t remember which one but I looked it up on ebay real quit and saw that there were several being offered going for from $50 to $70. Coin Valut’s price – two easy payments of $89!</p><p><br /></p><p>But the next one was a real doozy. A hobo nickel, an 2017 slabbed NCG penny, 16 1oz copper rounds, five current date uncirculated rolls, plus a bag of wheat back pennies (435 pennies in the bag), a value of over $500 for only two payments of $99. But wait, they exchanged one uncir roll for a bag of Wheaties, then another and another and another, each time upping the value of the package.</p><p><br /></p><p>By the time they got done switching things around the final count was a modern Hobo nickel, 2017 NCG penny, 16 copper rounds, 4 bags of Wheaties, 3 uncir 2017 rolls. They were telling people this was a value of over $1,500. For only those two payments $99.</p><p><br /></p><p>Well I’m sure some poor suckers couldn’t get their credit cards out and on the phone fast enough to get in on this great deal.</p><p><br /></p><p>I did some quick calculations and figured that on a good day what they were offering might be worth $100 retail, so I’m sure they paid much less.</p><p><br /></p><p>It’s one thing to sell this stuff, but telling people that what is worth perhaps $100 is worth over 15 times that much is such a misrepresentation of a product that it should be against the law. Just incredible!![/QUOTE]</p><p><br /></p>
[QUOTE="Sundance79, post: 2916901, member: 84413"]I’ve read a lot of the stories about how bad Coin Vault is so when I was flipping through channels the other day I saw it listed so I had to take a look. OMG – It’s worst that I had read about. I watched the tail end of one offering, an NGC slabbed coin. Can’t remember which one but I looked it up on ebay real quit and saw that there were several being offered going for from $50 to $70. Coin Valut’s price – two easy payments of $89! But the next one was a real doozy. A hobo nickel, an 2017 slabbed NCG penny, 16 1oz copper rounds, five current date uncirculated rolls, plus a bag of wheat back pennies (435 pennies in the bag), a value of over $500 for only two payments of $99. But wait, they exchanged one uncir roll for a bag of Wheaties, then another and another and another, each time upping the value of the package. By the time they got done switching things around the final count was a modern Hobo nickel, 2017 NCG penny, 16 copper rounds, 4 bags of Wheaties, 3 uncir 2017 rolls. They were telling people this was a value of over $1,500. For only those two payments $99. Well I’m sure some poor suckers couldn’t get their credit cards out and on the phone fast enough to get in on this great deal. I did some quick calculations and figured that on a good day what they were offering might be worth $100 retail, so I’m sure they paid much less. It’s one thing to sell this stuff, but telling people that what is worth perhaps $100 is worth over 15 times that much is such a misrepresentation of a product that it should be against the law. Just incredible!![/QUOTE]
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