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If you had a "deal" from Coin Vault, now that they went under do you still pay on the &quo

gilgil Posts: 988
in U.S. Coin Forum
And who would you pay...What about the peiople that signed up for "auto ship" ?. Are they screwed ?

Just wondering........and No I never bought from them.

Comments

  • RussRuss Posts: 48,514 ✭✭✭


    << <i>Just wondering........and No I never bought from them. >>



    Sure.

    Russ, NCNE
    eBay consignment sales | | Collectibles from Resco CCC
  • cladkingcladking Posts: 28,689 ✭✭✭✭✭
    The way it usually works is that if they owe you money it's gone but you always have to pay them.
    Tempus fugit.
  • CoinHuskerCoinHusker Posts: 5,033 ✭✭✭


    << <i>

    << <i>Just wondering........and No I never bought from them. >>



    Sure.

    Russ, NCNE >>




    You see, I have this friend... image
    Collecting coins, medals and currency featuring "The Sower"
  • ABC123ABC123 Posts: 2,627
    Coin Vault's accounts receivable probably have, or will be sold to a collection company. You must pay or have your credit rating compromised.
  • SteveSteve Posts: 3,312 ✭✭✭


    << <i>And who would you pay...What about the peiople that signed up for "auto ship" ?. Are they screwed ?

    Just wondering........and No I never bought from them. >>



    If you are on "stretch pay" you continue to pay as you were instructed to. If SAH has new mailing instructions they will let you know.

    If you signed up for "auto Ship" which means they will automatically ship something in the future, the assumption is you have NOT paid for it yet, so you will not get it in the future if they are belly up, which they will be.

    I hope this answers your concerns.
    Steveimage
    My True View Album

    My Complete PROOF Lincoln Cent with Major Varieties(1909-2015)Set Registry
  • gyocomgdgyocomgd Posts: 2,582 ✭✭✭
    Just a second. Is the company declaring bankruptcy, or are they merely discontinuing this facet of their business?
    image
  • ABC123ABC123 Posts: 2,627
    It doesn't matter if they are bankrupt or a discontinued business for whatever reason, if you purchased and received goods---you owe the business or the receiver the agreed to amount.
  • INXSINXS Posts: 1,202 ✭
    According to CW SilverTowne will honor all past "auto ships". I dont know why anyone would sign up for something like that anyway. The items they sold with auto ships will end up going down in value anyway(ie colored SQ's, plat SQ's,....etc) I never seen thwem offer GAE's or SAE's auto ship.
    "Well here's another nice mess you have gotten me into" Oliver Hardy 1930
    image

    BST successful dealings with:MsMorrisine, goldman86
  • JRoccoJRocco Posts: 14,277 ✭✭✭✭✭
    What the hell is auto ship and stretch pay?
    Some coins are just plain "Interesting"
  • pharmerpharmer Posts: 8,355 ✭
    And how would someone who's never bought from them know about it? Or care?
    Quis custodiet ipsos custodes?

    Apropos of the coin posse/aka caca: "The longer he spoke of his honor, the tighter I held to my purse."

    image

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