Warning- Universal Coin & Bullion .Ltd

Discussion in 'Bullion Investing' started by ProofRon, Jul 15, 2006.

  1. ProofRon

    ProofRon New Member

    I don't know how many of you noticed the Universal Coin & Bullion ad for "Free $40 value for 2 NGC Certified Gem Brilliant 2006 Silver Eagle "First Strikes" ad in the front of the 2007 Red Book, but I read on another forum where someone wrote that it actually worked. So I called the number and requested the free coins (dumb, huh?) .
    So I was told that the ad had expired- let's see- how long has the 2007 Red Book been out?. Anyway, they said that I could have one free coin, and I ordered another 2 coins (at $12.90 each- just to be fair about it). So when I received the order, sure enough, I got 3 coins, but was charged $12.90 for each, plus $10 shipping- so, $48.70 for 3 overgraded coins. Plus, I had to listen to a long sales pitch about various investment opportunities. I know, if it sounds too good, etc.
    But this is one of the reasons I dropped out of the non-mint coin market several years ago. The coin market is reeeaaallllyy BUYER BEWARE!
    I'm now concentrating on upgrading my grading skills. but will continue to focus on US Mint offered coins only.
     
    GoldFinger1969 likes this.
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  3. GDJMSP

    GDJMSP Numismatist Moderator

    Unfortunately your story is similar to many others that are heard way too often. But the easy way to solve that problem is to study the subject you desire to collect. Knoweldge is king in numismatics - it's worth far more than any single coin you could ever buy. And in this day and age its not all that hard to acquire the knowledge.
     
    GoldFinger1969 likes this.
  4. saltysam-1

    saltysam-1 Junior Member

    I would call it to their attention the fact you had one free coin coming. The rest is the cost of your education.
     
    Last edited: Mar 16, 2016
    Brett_in_Sacto likes this.
  5. Cascade

    Cascade CAC Grader, Founding Member

    Salty, why in the bajezus are you resurrecting a 10yr old thread to talk to the op?
     
    Blissskr likes this.
  6. Lon Chaney

    Lon Chaney Well-Known Member

    Haha.
     
  7. Brett_in_Sacto

    Brett_in_Sacto Well-Known Member

    I bet ProofRon is a bonafide numismatic expert now!!!
     
  8. Santinidollar

    Santinidollar Supporter! Supporter

    Well, Universal Coin & Bullion is still in business. Just looked at their Web site.
     
  9. saltysam-1

    saltysam-1 Junior Member

    Damn! That's a very good question and I hate doing this. There has to be some type of alert on these threads that brings it's age to your attention. Maybe we can color code them or have a pop-up asking if we really want to proceed with a new post. I never go back this far to review subject matter, so I can't figure out how it appeared to be current to me. I can only ask for everyone's forgiveness.......I will seek out and speak to my clergy as well. :>(
     
    Last edited: Mar 17, 2016
    longshot likes this.
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