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APMEX is selling the 5oz ATB coins right now - $1,395 per 5 coin set - SOLD OUT - MTB SELLING ON eBA

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  • goldbuffalogoldbuffalo Posts: 624 ✭✭✭


    << <i>How many sets have been made available (public & private)? 10,300 Min, Coin Store (3,700), FideliTrade(3k), MTB(3k), and APMEX(600)
    How many sets that have been made available are currently in hand? 4,300+
    How many after market sets have been sold? 500?
    How many after market sets are still available? ~200
    What percentage of flippers will be out there? ~15%
    What is the silver spot price prediction over the next year? Let's just assume $30/oz steady.

    This means 4,250 will probably be sold in the after market, with about 2,000 on ebay. I feel the large number of flippers will cause the price to drop a decent amount, maybe down to $1,600. After the numerous sales, price will rebound quickly and go far above what they are currently selling for, I'm estimating $4,000/set at the low end.

    I say buy and HOLD. >>



    Leaves about 20K left to be sold.

  • RichRRichR Posts: 3,858 ✭✭✭✭✭
    <<FANTASTIC! I missed this in my daze this morning after working all night. >>

    <<Which issue?>>

    <<Looks like we can expect some more participants - or at least lurkers - on our forum! >>

    The newest issue that CW sent out on-line this morning.
  • RaufusRaufus Posts: 6,784 ✭✭✭✭✭
    Looking forward to it. I just wait for the print edition...
    Land of the Free because of the Brave!
  • RaufusRaufus Posts: 6,784 ✭✭✭✭✭
    Called PCGS to check on my pucks. I forgot the FS adds 3-5 days (I have no idea why) Ugh.
    Land of the Free because of the Brave!
  • Coin FinderCoin Finder Posts: 7,116 ✭✭✭✭✭
    Michael White, U.S. Mint (202)-354-7222;
  • RaufusRaufus Posts: 6,784 ✭✭✭✭✭
    THANKS!
    Land of the Free because of the Brave!
  • 7over87over8 Posts: 4,733 ✭✭✭
    FS is available for ALL 2010 BULLION PUCKS regardless of date submitted

    per PCGS website.
  • RichRRichR Posts: 3,858 ✭✭✭✭✭
    <<FS is available for ALL 2010 BULLION PUCKS regardless of date submitted >.

    <<per PCGS website>>

    Well...IMHO...that makes an already "suspect" designation even more so...
  • RaufusRaufus Posts: 6,784 ✭✭✭✭✭
    To whomever posted the following (I copied it when posted but can't find it now in the thread) is the name of the ebay seller in the below quote correct? Thanks.

    Allright everyone for those who are wondering who the Ebay dealer coinstantiques is welll brace yourselves:

    They are actually the outfit known as Treasure Hunters Roadshow...the folks that make stops in all states buying your gold and silver. They are headquartered in Illinois. How do I know this? Well Ive pruchased from them in the past and their invoices always say THR, they are located in Sprinfield Illinois 5 minutes from the Gold Center

    http://www.treasurehuntersroadshow.com/Roadshow/Contact

    Land of the Free because of the Brave!


  • << <i>To whomever posted the following (I copied it when posted but can't find it now in the thread) is the name of the ebay seller in the below quote correct? Thanks.

    Allright everyone for those who are wondering who the Ebay dealer coinstantiques is welll brace yourselves:

    They are actually the outfit known as Treasure Hunters Roadshow...the folks that make stops in all states buying your gold and silver. They are headquartered in Illinois. How do I know this? Well Ive pruchased from them in the past and their invoices always say THR, they are located in Sprinfield Illinois 5 minutes from the Gold Center

    http://www.treasurehuntersroadshow.com/Roadshow/Contact >>



    4580 Wabash Ave, Springfield, IL is the return address for the person with the majority of the ebay auctions. The owner of the property 4580 Wabash Ave, Springfield, IL is PRUITT JOHN P.

    This is the same person who is CEO of the E L Pruitt Company (217) 789-0966
    3090 COLT RD
    SPRINGFIELD IL 62707-9778

    Note: Jon Pruitt could be renting space to the Treasure Hunters Roadshow. Ironically there used to be a church at 4580 Wabash Ave.
  • ModCrewmanModCrewman Posts: 4,032 ✭✭✭✭✭
    A friend who ordered these just sent me the text of the e-mail he received from Fidelitrade today. His FedEx order was delivered at about 8:30 AM on Friday.


    << <i>--Receipt of Correspondence--

    Thank you for your interest in the 2010 America the Beautiful Five Coin Silver Bullion Set and Fidelitrade Incorporated. We have received your correspondence and your request has been forwarded to our compliance processing center for further review.

    This is only an acknowledgement that your request has been received. This is NOT confirmation that your request has been accepted.

    If your request is accepted, you will receive an Order Confirmation in the upcoming weeks.

    Thank You,
    FideliTrade Incorporated
    >>


    My order was in the 10:44 UPS batch, another friend's order via USPS was delivered at 2:20 PM Friday...all 3 shipped from the same Iowa city.
  • 7over87over8 Posts: 4,733 ✭✭✭
    Is puck mania peetering out?


  • << <i>To whomever posted the following (I copied it when posted but can't find it now in the thread) is the name of the ebay seller in the below quote correct? Thanks.

    Allright everyone for those who are wondering who the Ebay dealer coinstantiques is welll brace yourselves:

    They are actually the outfit known as Treasure Hunters Roadshow...the folks that make stops in all states buying your gold and silver. They are headquartered in Illinois. How do I know this? Well Ive pruchased from them in the past and their invoices always say THR, they are located in Sprinfield Illinois 5 minutes from the Gold Center

    http://www.treasurehuntersroadshow.com/Roadshow/Contact >>



    I've seen postings linking THR to the following ebay id's: feste.622, gold.silver, orbistertius.787, iago.741, ulysses-2112, troilus691, and apollo.2112, coinsantiques.10, coinsantiques.11, 12, 13 all the way to at least 23-24
  • RichRRichR Posts: 3,858 ✭✭✭✭✭
    <<Is puck mania peetering out? >>

    Nah...just a lull until another AP sticks his head up out of the foxhole...and we shoot it off!
  • I read on another coin message forum that the Early Release deadline across the street is January 21. Has anyone confirmed this?
    Successful BST transactions: clackamas, goldman86, alohagary, rodzm, bigmarty58, Hyperion, segoja, levinll, dmarks
  • 7over87over8 Posts: 4,733 ✭✭✭
    i dont know, this thread is getting less interesting.....
  • 7over87over8 Posts: 4,733 ✭✭✭
    if that is the case coaster - ER may be the way to go for potential price increase due to label
  • RaufusRaufus Posts: 6,784 ✭✭✭✭✭


    << <i>I read on another coin message forum that the Early Release deadline across the street is January 21. Has anyone confirmed this? >>



    What would this be based on? What was released 30 days prior?
    Land of the Free because of the Brave!


  • << <i>A friend who ordered these just sent me the text of the e-mail he received from Fidelitrade today. His FedEx order was delivered at about 8:30 AM on Friday.


    << <i>--Receipt of Correspondence--

    Thank you for your interest in the 2010 America the Beautiful Five Coin Silver Bullion Set and Fidelitrade Incorporated. We have received your correspondence and your request has been forwarded to our compliance processing center for further review.

    This is only an acknowledgement that your request has been received. This is NOT confirmation that your request has been accepted.

    If your request is accepted, you will receive an Order Confirmation in the upcoming weeks.

    Thank You,
    FideliTrade Incorporated
    >>


    My order was in the 10:44 UPS batch, another friend's order via USPS was delivered at 2:20 PM Friday...all 3 shipped from the same Iowa city. >>



    My order was in the 1044 ups batch, I have not received any emails. I hope it does not take "upcoming weeks" to get a yes or no out of them.
  • ProofCollectionProofCollection Posts: 5,920 ✭✭✭✭✭
    I just received a UPS shipping/tracking information from MTB, so my coins are on the way.

    To recap, I don't remember what day it was but I was one of the first (if not THE first) on here to receive an account/order form (and post about it), which I replied to immediately and received a sales confirmation later that day. I got a cashier's check and regular-mailed it to MTB that same day.

    My order is now on the way scheduled for delivery Jan 14.


  • << <i>I just received a UPS shipping/tracking information from MTB, so my coins are on the way.

    To recap, I don't remember what day it was but I was one of the first (if not THE first) on here to receive an account/order form (and post about it), which I replied to immediately and received a sales confirmation later that day. I got a cashier's check and regular-mailed it to MTB that same day.

    My order is now on the way scheduled for delivery Jan 14. >>

    image
  • BigDaddyzBigDaddyz Posts: 1,306 ✭✭✭
    WooHoo!
    Great BST experiences: abitofthisabitofthat, silvercoinsdude, gerard, coinfame, mikescoins, wondercoin
  • tcmitssrtcmitssr Posts: 1,570 ✭✭✭
    Got an email today that UPS had received a label for my pucks from MTB and was about to pick them up for delivery. All deliveries will require an adult's signature. More info to come after I find out that UPS actually has my pucks in hand! image
  • taxmadtaxmad Posts: 971 ✭✭✭✭


    << <i>To whomever posted the following (I copied it when posted but can't find it now in the thread) is the name of the ebay seller in the below quote correct? Thanks.

    Allright everyone for those who are wondering who the Ebay dealer coinstantiques is welll brace yourselves:

    They are actually the outfit known as Treasure Hunters Roadshow...the folks that make stops in all states buying your gold and silver. They are headquartered in Illinois. How do I know this? Well Ive pruchased from them in the past and their invoices always say THR, they are located in Sprinfield Illinois 5 minutes from the Gold Center

    http://www.treasurehuntersroadshow.com/Roadshow/Contact >>



    Same Company???

    BEAUMONT, Texas -- With full-page ads in newspapers across the country, coupled with live promotions on local radio stations promising to pay "top dollar" for unwanted gold and silver, an Illinois-based company has returned to Beaumont but is paying only a small fraction of the actual value of precious metals and other items, a month-long investigation by The Examiner has found.
    The newspaper began looking into Treasure Hunters Roadshow (THR), also known as Ohio Valley Gold and Silver Refinery, on Dec. 9, 2009, after it set up shop in a hotel in town. Using three newspaper employees and with help from Universal Coin & Bullion's Mike Fuljenz, one of the leading numismatists in the country, the newspaper took thousands of dollars worth of collectible gold and silver coins to four THR events in two states.
    The findings revealed that the money offered was nearly a third of the actual value of the items being presented for sale. In one situation, where $1,550 in coins was offered for sale on the same day at two separate THR events 40 miles apart, the second buyer from THR offered less than half of what the first buyer did, and the first offer was still 60 percent lower than the coins' actual market value.
    During THR's first visit to town, the newspaper brought in 2.35 ounces of gold bullion in the form of Double Eagle gold coins. At the time, the spot price of gold was about $1,138 per ounce. The floor manager offered 8 percent below spot gold prices or $2,466.71. The newspaper also brought in a 14k gold 22-inch rope chain that weighed 22 grams, valued at $418 and a 1923 Gorham 12-inch round sterling silver platter that weighed 505 grams, worth $283.
    A THR buyer offered $42.30 for the gold chain and $71.71 for the sterling silver platter.
    Later that same day, another employee from The Examiner visited the THR event and asked if the company was interested in buying six gold and silver collectable coins, valued at $4,921. Included in the cache of coins were a 1937 Buffalo Nickel NGC-graded MS66 condition ($50); an NGC-graded MS69 Silver Eagle coin, ($27); a 1902-O PCGS-graded MS64 silver dollar ($50); a 1899-O PCGS-graded MS64 Silver dollar coin ($50); a 1928 Indian Head $2.5 gold coin in PCGS-graded MS64 condition ($1,300); and a 1903 MS64 $20 gold Liberty coin in PCGS-graded MS64 condition ($3,450).
    After about 30 minutes, The Examiner's employee was offered $1,400 for all six coins -- 72 percent less than their actual value.
    "They aren't even offering the scrap value for some of these coins," Fuljenz, whose company does more than $56 million a year in gold and silver transactions, said. "They were way below what the melt value was."
    Later that week, Fuljenz brought in dozens of coins including proof sets from 1974 through 1990, a 1984 Olympics Prestige six-coin silver set and an 1887 Prestige 6-coin silver set -- all of which THR refused to buy.
    However, they did buy a 1925 silver dollar valued at $16 for $9; two sets of two-coin silver proof U.S. Constitution coins valued at $560 for $490; a 1983 $10 gold Canadian Maple Leaf coin valued at $280 for $275 and a 1908-D $5 Indian Head gold coin in PCGS-graded MS63 condition valued at $1,800 for $450.
    "They have to be fairly close on the bullion prices because that is easy to check out, but when they look up these collector coins, which are worth a lot more than their actual gold value, they are offering people pennies on the dollar," said Fuljenz. "That package of coins was valued at about $2,656 and they wrote me a check for $1,224."
    Fuljenz, who taught courses for 18 years on how to grade coins, said, "I have not seen competence in their appraisals of the coins that I brought in. If you are going to have your coins appraised, go to someone who knows what they are doing. These people are not specialists or experts in this field.
    Fuljenz said prospective precious metal sellers should ask for a list of the company's awards and memberships.
    "Does it make you feel better when you walk into a doctor's office or a lawyer's office and you see that they are board certified?" he said, adding people should get a second opinion prior to selling.
    The Examiner conducted similar investigations in Marshall, Texas, Shreveport, La., and again, in Beaumont, each time with similar results. At a local pawn shop, it was offered three times what THR was giving as its best deal.
    "I hold back about 20 percent because I have to make a profit," said Carl Heartfield, owner of Heartfield's Fine Jewelry in Beaumont. "I have been here for 30 years and I would tell people that they need to sell stuff locally. You have to shop it. You can't just go run to a hotel. We are here to make money, but we are not here to take advantage of people."
    Matthew Enright, THR's vice president of media relations, said it was great that the newspaper was able to get three different prices from three different events using the same coins at each event.
    "Everything varies upon markets so it depends on the day of the week," Enright said. "It depends on who you are talking to and who has more knowledge and who doesn't. So, things are going to be different. Each person is going to be different so that is great news. That just goes to show you that we don't buy the same way every single time we go to a town."
    Even Enright said that people should shop around, but he believed his organization had the resources and the ability to "pay more than anybody else in the country."
    Coin World Magazine editor Beth Deisher said she encourages people to use every possible resource to find out how much their items are worth.
    "There is plenty of information for consumers to find out what the daily spot price of gold and silver is that can be found on the Internet at 20-minute intervals," Deisher said. "Typically people like this will ask, ‘Well, what do you want for it?' And if you don't have a clue, then you are probably going to get taken."
  • goldbuffalogoldbuffalo Posts: 624 ✭✭✭

    Has anyone wired the money to MTB ?

    What the best was to pay ?

    thanks

  • ProofCollectionProofCollection Posts: 5,920 ✭✭✭✭✭


    << <i>Has anyone wired the money to MTB ?

    What the best was to pay ?

    thanks >>



    As I said, I just sent a cashier's check via regular mail and I appear to be one of the first to be receiving my order, so apparently a wire was not necessary. Not sure how much it may have helped to send a bank check vs. personal check.
  • tcmitssrtcmitssr Posts: 1,570 ✭✭✭


    << <i>Has anyone wired the money to MTB ?

    What the best was to pay ?

    thanks >>



    I wired and I think it was the best way to pay. Yes, you may (though may not) have to pay your bank for the wire but it may not be as much as overnight shipping of a check that has to wait up to 17 days to clear.

    They had my funds, deposited in my account, the next day...less than 24 hours.

    Having just had the PO "lose" a tuition payment for our son, I was not about to take a chance on the USPS over these.


  • << <i>

    << <i>Has anyone wired the money to MTB ?

    What the best was to pay ?

    thanks >>



    I wired and I think it was the best way to pay. Yes, you may (though may not) have to pay your bank for the wire but it may not be as much as overnight shipping of a check that has to wait up to 17 days to clear.

    They had my funds, deposited in my account, the next day...less than 24 hours.

    Having just had the PO "lose" a tuition payment for our son, I was not about to take a chance on the USPS over these. >>



    Since there had to be an order confirmation prior to sending funds there would have been no reason to overnight a check to MTB. It just cost me 44 cents and it was there in two days. Chances of a 1st class letter being lost is pretty remote...I'm sure it happens but so do plane crashes
  • MsMorrisineMsMorrisine Posts: 32,794 ✭✭✭✭✭
    I gave one of the MTB guys a bit of advice last week:
    Start with the first half hour's order and send them out first. The next half hour's order get sent out next, and so on.

    I wonder if they are doing it this way.

    Mine was placed somewhere between 10-11 sometime.



    Current maintainer of Stone's Master List of Favorite Websites // My BST transactions
  • Coin FinderCoin Finder Posts: 7,116 ✭✭✭✭✭
    Mr. White called me back. He said the Mint has made the 5 Oz numismatic version and they will go on sale with in the "first quarter" of 2011. He did not know the price or the date. I asked him about mintage and just then my phone cut out and I lost him. The call back number was a non working number. So I will assume it is still at 27,000 sets. I will guess they will be priced at $1149.95 per set with a limit of one per household. I would bet they go on sale in March on the 15th. guess


  • << <i>Mr. White called me back. He said the Mint has made the 5 Oz numismatic version and they will go on sale with in the "first quarter" of 2011. He did not know the price or the date. I asked him about mintage he then my phone cut out and I lost him. So I will assume it is still at 27,000 sets. I will guess they will be priced at $1149.95 per set with a limit of one per household. I would bet they go on sale in March on the 15th. >>



    Who is going to call back and ask about the following three items:
    1. Pricing
    2. Confirm P Mint Mark on the numismatic version
    3. Confirm Mintage (27,000 sets, 135,000 coins)
  • CoinspongeCoinsponge Posts: 3,927 ✭✭✭


    << <i>Mr. White called me back. He said the Mint has made the 5 Oz numismatic version and they will go on sale with in the "first quarter" of 2011. He did not know the price or the date. I asked him about mintage and just then my phone cut out and I lost him. The call back number was a non working number. So I will assume it is still at 27,000 sets. I will guess they will be priced at $1149.95 per set with a limit of one per household. I would bet they go on sale in March on the 15th. guess >>




    Do you really expect them to give you a price so far out with the volatile metals market?
    Gold and silver are valuable but wisdom is priceless.
  • Coin FinderCoin Finder Posts: 7,116 ✭✭✭✭✭
    No I do not expect them to but they could if they know what they paid for the silver which was bought probably when silver was a lot lower, I think they will do ok no matter the price. They do however have to figure out a way to charge a lot for the cool packaging though...
  • CoinspongeCoinsponge Posts: 3,927 ✭✭✭


    << <i>

    << <i>Mr. White called me back. He said the Mint has made the 5 Oz numismatic version and they will go on sale with in the "first quarter" of 2011. He did not know the price or the date. I asked him about mintage he then my phone cut out and I lost him. So I will assume it is still at 27,000 sets. I will guess they will be priced at $1149.95 per set with a limit of one per household. I would bet they go on sale in March on the 15th. >>



    Who is going to call back and ask about the following three items:
    1. Pricing
    2. Confirm P Mint Mark on the numismatic version
    3. Confirm Mintage (27,000 sets, 135,000 coins) >>




    This is nearly obsessive behavior. They have already made the statement abut mintage and the P mintmark. Please give it a rest before the relegate all of us to the nut house. image
    Gold and silver are valuable but wisdom is priceless.


  • << <i>Mr. White called me back. He said the Mint has made the 5 Oz numismatic version and they will go on sale with in the "first quarter" of 2011. He did not know the price or the date. I asked him about mintage and just then my phone cut out and I lost him. The call back number was a non working number. So I will assume it is still at 27,000 sets. I will guess they will be priced at $1149.95 per set with a limit of one per household. I would bet they go on sale in March on the 15th. guess >>



    That date is already spoken for in the contest...image
  • I agree. They've said everything they mean to say in the press releases. They're not going to give anyone special treatment and inside information in phonecalls.
    Successful transactions with keepdachange, tizofthe, adriana, wondercoin
  • CoinspongeCoinsponge Posts: 3,927 ✭✭✭


    << <i>No I do not expect them to but they could if they know what they paid for the silver which was bought probably when silver was a lot lower, I think they will do ok no matter the price. They do however have to figure out a way to charge a lot for the cool packaging though... >>




    I don't know this but I doubt they have even bought the silver for the coins. Just imagine they bought it now at nearly $30 and for whatever reason it drops to $20 at the release date. How many coins are they going to sell based on the $30 silver? There would be the same price police going nuts about the Mint's excessive prices.
    Gold and silver are valuable but wisdom is priceless.


  • << <i>I read on another coin message forum that the Early Release deadline across the street is January 21. Has anyone confirmed this? >>



    Depends if these are the real quarters or the big quarters...very confusing

    2010 America the Beautiful Silver Quarters (MS) Friday, January 21, 2011

  • tcmitssrtcmitssr Posts: 1,570 ✭✭✭


    << <i>

    << <i>

    << <i>Has anyone wired the money to MTB ?

    What the best was to pay ?

    thanks >>



    I wired and I think it was the best way to pay. Yes, you may (though may not) have to pay your bank for the wire but it may not be as much as overnight shipping of a check that has to wait up to 17 days to clear.

    They had my funds, deposited in my account, the next day...less than 24 hours.

    Having just had the PO "lose" a tuition payment for our son, I was not about to take a chance on the USPS over these. >>



    Since there had to be an order confirmation prior to sending funds there would have been no reason to overnight a check to MTB. It just cost me 44 cents and it was there in two days. Chances of a 1st class letter being lost is pretty remote...I'm sure it happens but so do plane crashes >>



    However my wire, cleared immediately, paid for my coins and they are in route to me now for delivery. Your check will be held 17 days. It's all up to how long you want to wait. If your mail had been lost, you'd be screwed. Too each their own and in this case, i was most comfortable with a bank wire
  • OPAOPA Posts: 17,118 ✭✭✭✭✭
    I'm curious to know, why PCGS has still not graded any. Are they having problems with their slabs?
    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
  • CaptHenwayCaptHenway Posts: 31,996 ✭✭✭✭✭


    << <i>I'm curious to know, why PCGS has still not graded any. Are they having problems with their slabs? >>



    They are awaiting the arrival of some new, 12-inch diameter magnifying glasses so they can grade the larger coins.

    image
    Numismatist. 50 year member ANA. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and Lifetime Achievement Award 2020. Winner numerous NLG Literary Awards.
  • RaufusRaufus Posts: 6,784 ✭✭✭✭✭


    << <i>

    << <i>To whomever posted the following (I copied it when posted but can't find it now in the thread) is the name of the ebay seller in the below quote correct? Thanks.

    Allright everyone for those who are wondering who the Ebay dealer coinstantiques is welll brace yourselves:

    They are actually the outfit known as Treasure Hunters Roadshow...the folks that make stops in all states buying your gold and silver. They are headquartered in Illinois. How do I know this? Well Ive pruchased from them in the past and their invoices always say THR, they are located in Sprinfield Illinois 5 minutes from the Gold Center

    http://www.treasurehuntersroadshow.com/Roadshow/Contact >>



    4580 Wabash Ave, Springfield, IL is the return address for the person with the majority of the ebay auctions. The owner of the property 4580 Wabash Ave, Springfield, IL is PRUITT JOHN P.

    This is the same person who is CEO of the E L Pruitt Company (217) 789-0966
    3090 COLT RD
    SPRINGFIELD IL 62707-9778

    Note: Jon Pruitt could be renting space to the Treasure Hunters Roadshow. Ironically there used to be a church at 4580 Wabash Ave. >>



    Thanks!!
    Land of the Free because of the Brave!
  • RaufusRaufus Posts: 6,784 ✭✭✭✭✭


    << <i>I just received a UPS shipping/tracking information from MTB, so my coins are on the way.

    To recap, I don't remember what day it was but I was one of the first (if not THE first) on here to receive an account/order form (and post about it), which I replied to immediately and received a sales confirmation later that day. I got a cashier's check and regular-mailed it to MTB that same day.

    My order is now on the way scheduled for delivery Jan 14. >>



    Wow, they love you!! Still nothing at all to me despite an early order and bank check.
    Land of the Free because of the Brave!
  • RaufusRaufus Posts: 6,784 ✭✭✭✭✭


    << <i>

    << <i>To whomever posted the following (I copied it when posted but can't find it now in the thread) is the name of the ebay seller in the below quote correct? Thanks.

    Allright everyone for those who are wondering who the Ebay dealer coinstantiques is welll brace yourselves:

    They are actually the outfit known as Treasure Hunters Roadshow...the folks that make stops in all states buying your gold and silver. They are headquartered in Illinois. How do I know this? Well Ive pruchased from them in the past and their invoices always say THR, they are located in Sprinfield Illinois 5 minutes from the Gold Center

    http://www.treasurehuntersroadshow.com/Roadshow/Contact >>



    Same Company???

    BEAUMONT, Texas -- With full-page ads in newspapers across the country, coupled with live promotions on local radio stations promising to pay "top dollar" for unwanted gold and silver, an Illinois-based company has returned to Beaumont but is paying only a small fraction of the actual value of precious metals and other items, a month-long investigation by The Examiner has found.
    The newspaper began looking into Treasure Hunters Roadshow (THR), also known as Ohio Valley Gold and Silver Refinery, on Dec. 9, 2009, after it set up shop in a hotel in town. Using three newspaper employees and with help from Universal Coin & Bullion's Mike Fuljenz, one of the leading numismatists in the country, the newspaper took thousands of dollars worth of collectible gold and silver coins to four THR events in two states.
    The findings revealed that the money offered was nearly a third of the actual value of the items being presented for sale. In one situation, where $1,550 in coins was offered for sale on the same day at two separate THR events 40 miles apart, the second buyer from THR offered less than half of what the first buyer did, and the first offer was still 60 percent lower than the coins' actual market value.
    During THR's first visit to town, the newspaper brought in 2.35 ounces of gold bullion in the form of Double Eagle gold coins. At the time, the spot price of gold was about $1,138 per ounce. The floor manager offered 8 percent below spot gold prices or $2,466.71. The newspaper also brought in a 14k gold 22-inch rope chain that weighed 22 grams, valued at $418 and a 1923 Gorham 12-inch round sterling silver platter that weighed 505 grams, worth $283.
    A THR buyer offered $42.30 for the gold chain and $71.71 for the sterling silver platter.
    Later that same day, another employee from The Examiner visited the THR event and asked if the company was interested in buying six gold and silver collectable coins, valued at $4,921. Included in the cache of coins were a 1937 Buffalo Nickel NGC-graded MS66 condition ($50); an NGC-graded MS69 Silver Eagle coin, ($27); a 1902-O PCGS-graded MS64 silver dollar ($50); a 1899-O PCGS-graded MS64 Silver dollar coin ($50); a 1928 Indian Head $2.5 gold coin in PCGS-graded MS64 condition ($1,300); and a 1903 MS64 $20 gold Liberty coin in PCGS-graded MS64 condition ($3,450).
    After about 30 minutes, The Examiner's employee was offered $1,400 for all six coins -- 72 percent less than their actual value.
    "They aren't even offering the scrap value for some of these coins," Fuljenz, whose company does more than $56 million a year in gold and silver transactions, said. "They were way below what the melt value was."
    Later that week, Fuljenz brought in dozens of coins including proof sets from 1974 through 1990, a 1984 Olympics Prestige six-coin silver set and an 1887 Prestige 6-coin silver set -- all of which THR refused to buy.
    However, they did buy a 1925 silver dollar valued at $16 for $9; two sets of two-coin silver proof U.S. Constitution coins valued at $560 for $490; a 1983 $10 gold Canadian Maple Leaf coin valued at $280 for $275 and a 1908-D $5 Indian Head gold coin in PCGS-graded MS63 condition valued at $1,800 for $450.
    "They have to be fairly close on the bullion prices because that is easy to check out, but when they look up these collector coins, which are worth a lot more than their actual gold value, they are offering people pennies on the dollar," said Fuljenz. "That package of coins was valued at about $2,656 and they wrote me a check for $1,224."
    Fuljenz, who taught courses for 18 years on how to grade coins, said, "I have not seen competence in their appraisals of the coins that I brought in. If you are going to have your coins appraised, go to someone who knows what they are doing. These people are not specialists or experts in this field.
    Fuljenz said prospective precious metal sellers should ask for a list of the company's awards and memberships.
    "Does it make you feel better when you walk into a doctor's office or a lawyer's office and you see that they are board certified?" he said, adding people should get a second opinion prior to selling.
    The Examiner conducted similar investigations in Marshall, Texas, Shreveport, La., and again, in Beaumont, each time with similar results. At a local pawn shop, it was offered three times what THR was giving as its best deal.
    "I hold back about 20 percent because I have to make a profit," said Carl Heartfield, owner of Heartfield's Fine Jewelry in Beaumont. "I have been here for 30 years and I would tell people that they need to sell stuff locally. You have to shop it. You can't just go run to a hotel. We are here to make money, but we are not here to take advantage of people."
    Matthew Enright, THR's vice president of media relations, said it was great that the newspaper was able to get three different prices from three different events using the same coins at each event.
    "Everything varies upon markets so it depends on the day of the week," Enright said. "It depends on who you are talking to and who has more knowledge and who doesn't. So, things are going to be different. Each person is going to be different so that is great news. That just goes to show you that we don't buy the same way every single time we go to a town."
    Even Enright said that people should shop around, but he believed his organization had the resources and the ability to "pay more than anybody else in the country."
    Coin World Magazine editor Beth Deisher said she encourages people to use every possible resource to find out how much their items are worth.
    "There is plenty of information for consumers to find out what the daily spot price of gold and silver is that can be found on the Internet at 20-minute intervals," Deisher said. "Typically people like this will ask, ‘Well, what do you want for it?' And if you don't have a clue, then you are probably going to get taken." >>



    No wonder TGC likes these guys...birds of a feather...
    Land of the Free because of the Brave!
  • RaufusRaufus Posts: 6,784 ✭✭✭✭✭


    << <i>

    << <i>

    << <i>

    << <i>Has anyone wired the money to MTB ?

    What the best was to pay ?

    thanks >>



    I wired and I think it was the best way to pay. Yes, you may (though may not) have to pay your bank for the wire but it may not be as much as overnight shipping of a check that has to wait up to 17 days to clear.

    They had my funds, deposited in my account, the next day...less than 24 hours.

    Having just had the PO "lose" a tuition payment for our son, I was not about to take a chance on the USPS over these. >>



    Since there had to be an order confirmation prior to sending funds there would have been no reason to overnight a check to MTB. It just cost me 44 cents and it was there in two days. Chances of a 1st class letter being lost is pretty remote...I'm sure it happens but so do plane crashes >>



    However my wire, cleared immediately, paid for my coins and they are in route to me now for delivery. Your check will be held 17 days. It's all up to how long you want to wait. If your mail had been lost, you'd be screwed. Too each their own and in this case, i was most comfortable with a bank wire >>



    Hard to know w/these guys...I faxed my papers back by 11:30 am and sent a bank check via USPS Express mail which was delivered the following morning and I've heard nothing at all.
    Land of the Free because of the Brave!
  • tcmitssrtcmitssr Posts: 1,570 ✭✭✭


    << <i>

    << <i>I just received a UPS shipping/tracking information from MTB, so my coins are on the way.

    To recap, I don't remember what day it was but I was one of the first (if not THE first) on here to receive an account/order form (and post about it), which I replied to immediately and received a sales confirmation later that day. I got a cashier's check and regular-mailed it to MTB that same day.

    My order is now on the way scheduled for delivery Jan 14. >>



    Wow, they love you!! Still nothing at all to me despite an early order and bank check. >>



    Just got a UPS update that my order is scheduled to be delivered tomorrow, the 11th!!!! image
  • Maybe it's not too late to order from MTB.....

    I was late to the MTB scramble when initially reported they were selling so I thought that I missed the window of opportunity to purchase. Thinking I had nothing to lose, I went ahead and sent an email last Thursday with a PDF'd copy of my completed Patriot form and ID (links to forms and email addy obtained from this thread). To my surprise (and delight), I received an invoice yesterday afternoon for a set of ATBs along with instructions to mail or wire payment.

    They just might have more for those who haven't ordered yet through MTB.
    "In the absence of the gold standard, there is no way to protect savings from confiscation through inflation [...] Gold stands in the way of this insidious process. It stands as a protector of property rights." - Alan Greenspan


  • << <i>I've seen postings linking THR to the following ebay id's: feste.622, gold.silver, orbistertius.787, iago.741, ulysses-2112, troilus691, and apollo.2112, coinsantiques.10, coinsantiques.11, 12, 13 all the way to at least 23-24 >>



    To my knowledge hey changed all their IDs using the coinsantiques moniker. I know they used to go by the other names but they have since changed them


  • << <i>To whomever posted the following (I copied it when posted but can't find it now in the thread) is the name of the ebay seller in the below quote correct? Thanks.

    Allright everyone for those who are wondering who the Ebay dealer coinstantiques is welll brace yourselves:

    They are actually the outfit known as Treasure Hunters Roadshow...the folks that make stops in all states buying your gold and silver. They are headquartered in Illinois. How do I know this? Well Ive pruchased from them in the past and their invoices always say THR, they are located in Sprinfield Illinois 5 minutes from the Gold Center

    http://www.treasurehuntersroadshow.com/Roadshow/Contact >>



    I am almost sure the name that I have seen from things I have bought from them is Jacob Parsons, the email they use has jacobparsons in it...perhaps a relative of John P. (Parsons?) Pruitt

    The return address is indeed:

    THR
    4580 West Wabash
    Springfield, IL 62711
    United States


    By the way 3200 Pleasant Run which is the address given at THRs website is almost in front of 4580 West Wabash

    Point A is Gold Center, point B is Wabash Adress and point C is the address THR gives on their website:

    image


  • << <i>I'm curious to know, why PCGS has still not graded any. Are they having problems with their slabs? >>





    The only info I know - the grades so far for pucks are between MS64 and MS67.



    edited - just notice my 100 posts image
    MT

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