INTERNATIONAL COIN COLLECTORS ASSOCIATION

WARNING: THESE PEOPLE ARE A RIP-OFF COMPANY.    Where I live in South Florida, the retired snowbirds come down to their condos for the winter, to escape the snow.  Its normal to see full page ads in the newspaper from many estate buyer companies saying they are buying gold' silver; jewelry; coins; anything valuable.   Its a normal process.   You have to decide for yourself if the price they offer for an item is a price you can live with.  they have to make money.  everything is condition sensitive; and so forth.  MAIN POINT:  This weekend in my town was International Coin Collectors Association.   These people are a complete joke.    I went to their website to email a complaint.  No contact information.   The whole website is one page; the same page that they printed in the local newspaper.  They're not a coin collector association.    The name is misleading to make you think they have credibility.   And they have NO credibility.   Only thing they do is buy merchandise for resale.   And they will rip you off:   Lets start with the watches:  a group of Four small gold keywind pocket watches.    I had three of the watch cases tested for gold at a jeweler.   This clown who calls himself Keith, at the International Coin Collectors association, proceeded to tell me without the cases marked "14k gold" or "18k gold" etcetera, he would have to ASSUME they were gold plated.  f'ing ignoramus!!!!  The cases all have hallmarks.   The hallmarks can be looked up.  The entire industry of watch collectors and dealers uses the Watch guide written by Mr. Cooksey Shugart and Mr. Richard Gilbert.    Shugart who just retired has for years put in the first chapter of the book, a pictured illustration of solid-gold hallmarks that were used on antique 19thc pocket watches.        These people advertised in the newspaper ad that they wanted to buy pocket watches, and they sit me with some clown appraiser who doesnt know how to test a watch case or look up a hallmark.    ....the guy looked up something on his computer; I dont know what he was looking at.  He said one watch was listed as three-quarter plate.  dumbass:  3/4 plate refers to the design of the brass plate used for the frame of the watch movement.   He proceeded to tell me 3/4 plate refers to gold plating.   3/4 plate does not refer to gold plating.  Ignoramus.    NOW lets discuss the coins:   I brought two albums:   14 walking liberty halves; and 6 Morgans:  I kid you not:  the guy told me $32 for the halves; and $75 for the Morgans!!!  holy f'ing sh--!!!!!!  The ad in the paper said they pay greysheet prices!!!   This clown never looked a greysheet the whole time I sat at the table.    If I round off figures in my head, I know the silver content of a walking liberty halves is close to half the silver content of a morgan.  $32 for 14 Walking Liberty Halves is barely ten to fifteen percent of the scrap silver prices.     $75 for the six morgans is close to silver scrap value, BUT the ad said GREYSHEET prices.   I did not get a Greysheet appraisal!!!  This combined total of 20 coins are all mid to high AU coins of different mints and dates!!!!!!    If INTERNATIONAL COIN COLLECTORS ASSOCIATION  comes to a hotel near you, bring some stuff for them to buy.  See for yourself what Im talking about. 

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Edited by BasesLoadedCollect - 20 Jan 2011 at 3:55am

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Whoa! You take it way too personal. I too have tested many of these. More to refine my approach with customers and insure that they see me as trustworthy. And I agree with you, but so what? Bernie Madoff was a crook. These folks are crooks. Most of the "Gold 4 Less" crowd are. But so is Home Shopping Network when they sell coins.

Carl, you are absolutely correct! Whatever our perception may be, the reality can be way different. These organization, no matter what we may think have protected themselves and continue to, against false claims and slander.

And to that end...not to get off topic but I saw on T.V. last night an ad for the U.S. Mint's new 9/11 Medal. They say that a part of the proceeds go to the 9/11 Memorial. Then they actually say beware of the other medals that call themselves "official" when they are not. No doubt our "greedy government" can't stand the competition with the "pop-up" medal! Lol What's our world coming to?

So I am looking at this 2006 Australian Red Back Spider silver coin on Ebay that is selling for 1100-1500 dollars and I'm trying to get my head around that.  It originally sold from the Perth mint for 74.00 au .  This coin is gorgeous but what in the world makes it so valuable???? The 2 coins on ebay now end Monday night