Possible Rip-off: (WHAT YOU WILL SEE)

WHAT STINKS:

"About the deal"

Hi, I too, like a gentlemen on your site, received a call from World Wide Galleries. The woman I spoke to was a woman from New York. She told me that they had antique Napoleon coins selling for $1,400 a set and only two sets were allowed to a customer. Then they were to go to London in four months to receive bids on the coins and the minimum amount to be paid for the coins would be $10,000, up. They would receive a fee of 7% which was to be deducted from the amount the coins were sold at. The coins would be sent by "post" and the buyer would hold the coins. I was told a guarantee of 20% of the $1,400 would be returned if the coins didn't sell, along with the original $1,400. Once in London, they would call from there to ask if you wanted to sell the coins at whatever price they received in London. The woman asked me for my credit card number and also the 3 digit number on the back of the credit card.

Story sent in by Diane

POSTED 4-27-2004

Dear Sir, I can't believe I let myself get taken like this. I answered an ad in the back of a business paper that said deals on rare gold "for the serious investor". So, I started to buy a few occasionally. Got suspicious when he really started pressuring me to buy more, and calling at least twice daily. Looked on EBAY and was shocked to see they were selling for half of what I had paid. He didn't seem to interested in buying them back when I called to ask if he would. What an assh*le. Buyer beware would be a good idea here. A generous coin dealer gave me about half of what I had paid originally and I decided to invest in stocks instead. Never will I take it for granted that someone is being honest.

>>>>1-800-633-2646 <<<<KJP and Associates Inc. 16850-112 Collins Ave, Sunny Isles Florida 33160.

P.S. Upon realizing that I got taken, called my credit card company and told them to close the account and issue another card.

Story sent in by Disco Stew,

POSTED 4-15-2004

Does anybody know anything about WorldWide Galleries- supposedly based in SE Florida? They have one telemarketing ploy where they claim that that they have gotten a hold of 300 sets of MS-69 Napoleon Angel gold coins- uncirculated. They do the old one-two punch approach with the 'high-pressure' salesman coming on the line to close the deal- He stayed on the line for at least 45 minutes convincing me that they were a legitimate company and that I could reverse the charge within 60 days, and that they were sending the 'guarantee' and the coins via the US Post (they wouldn't dare commit mail fraud would they?). I could buy a 2-coin set of Napoleon Angel gold coins for $1,400. - they would let us hold the coin while they advertise their 'find' at various world-wide coin shows and get 'bids'. Their 'conservative' rate of return was at least $7,000. - $10,000. per set in late June 2004. They had this 'deal' to get new 'clients' (suckers like me)- the limit was 3 sets per customer. The high-pressure guy upped the return to $10,000. - $14,000. per set once I started balking. He even said I could put $1,400. down for 2 sets and pay the rest later once I got the coins.

This was two weeks ago and no coins yet. Upon calling Worldwide Galleries (1-888-715-4700; 1-631-268-6459) I was told that they would call me back- I called twice and no calls back. However- upon checking the bank account- no withdrawals for $1,400. either. I must have dodged the scam bullet this time. Thank the Lord. BEWARE!

I must have dodged the scam bullet this time. Thank the Lord. BEWARE

Story sent in by Jeff

POSTED 2-8-2004

HELLO MY NAME IS ROGER
I WON 10 US AMERICAN 1OZ GOLD EAGLES I SENT THE PAYMENT 12-27-02 AND SEBASTIAN OF OTCOLLECTIBLES@AOL.COM GAVE ME GOOD FEEDBACK FOR FAST PAYMENT BUT HE WAS TO SEND THE COINS 2 DAYS AFTER PAYMENT THEY HAVE NEVER BEEN SENT AND NOW HE'S BLOCKED MY E-MAILS I CALLED HIM 3 TIME AND HE LIED.THIS IS OFF EBAY ITEM#3302333949.EBAY DO'NT SEEM TO CARE HIS PHONE #NUMBER IS (305) 665-1253 IF ANYONE CAN HELP IT WOULD SURE BE NICE.THE AMOUNT WAS $3,638.00

ONE VIEWERS STORY

DO NOT LET THIS HAPPEN TO YOU !!

POSTED: 1-20-2003

Roger Lowry
hiddentreasures1@mindspring.com

I hope no one has been that dumbfounded enough to buy those coins made in Lybia.
I can't believe the nerve of these people to make us think that if we spend $5.00 - $20.00 on these bogas quarters, that in a few years or decades they will be worth far more than the price they offer. I wish 20/20 or one of those investigative programs would do a segment on these commercials. Its awful how these people are taking advantage of the lesser intelligent.

Sent in 7-31-2002

by Louis

My friend just told me about a seminar where if she invests as little as $200/month (and brings in 6 other people) this company will show her how to make money with silver coins. I'm smelling a rat.

I found complaints on them in the BBB for 2 states (they were also under another name in Nevada). I'm just wondering if you've heard anything else about them?

The name of the company is Concept Marketing National (their other name is National Adverstising Association). The head person is named James Alridge.

LETTER SENT IN: 4-9-2002,

SENDERS NAME WITH-HELD

BY SOMEONE WHO CARES

Anyone with information or who knows something about this Company or the Seminar, please foward to this site.It would be deeply appreciated by everyone concerned.

TRUCK STOP RIPOFF'S

THE PERSON PRESENTING THE RIPOFF, WILL FIRST BUY OR GET HOLD OF A COIN THAT IS WORTH PERHAPS $2.50. THEY WILL THEN INSERT IT INTO
A SQUARE HOLDER OF CARDBOARD WITH A CLEAR WRAPPING. THEN THEY MARK A RIDICULOUS PRICE OF $45.00 ON IT. WHEN THE PERSON (BUYER) IS LEAVING THE TRUCKSTOP THEY WALK UP TO THE PERSON AND TELL THEM THAT THEY ARE ALSO TRUCK DRIVERS AND AND HAVE RUN OUT OF FUEL AND NEED MONEY TO BUY FUEL. WHEN SHOWING
THE OLD COIN, IT LOOKS AS IF IT MIGHT BE WORTH THE $45.00 BUT THE SCAM ARTIST TELLS THEM THEY WILL TAKE $25.00 FOR IT AND TO HELP BUY FUEL,

THE UNKNOWING PERSON WHO BUYS IT, FINDS OUT LATER THE COIN IS ONLY WORTH WHAT THE SCAM
ARTIST PAID FOR IT, THUS THE SCAM IS COMPLETE.

BEWARE

SENT IN 6-26-2001,

SENDERS NAME WITH-HELD

BY SOMEONE WHO KNOW'S

Internet E-mail:letter (spam)

SILVER PLUS TRUST
http://www.replicate99.com/silverplus/26.shtml

Has developed a free program where you can earn Collectible Pure Silver Coins, and Lots of Cash. All you have to do is get people to visit our website and we will even show you where to find the best promotion tools to help you do this. With the introduction of the State Quarters the demand for Silver Coins has also risen. You're Going to love this program once you get started. Go now to check it out to http://www.replicate99.com/silverplus/26.shtml
Even if your not interested in the free program to earn Silver & Cash you'll find great places to promote any other program you may be involved in.

They want you to buy coins at prices that you will never be able to get your money back out of no matter how long you hold them. EXAMPLE: For $30.00 you get a 1964 Kennedy Half and their News letter or for $50.00 you get a Silver Eagle Dollar.

WOW what a deal. The Half is worth about $2.50 depending on silver price and the Silver Eagle Dollar you can buy anywhere at about $13.00