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Re: World Reserve Monetary Exchange Validity

Posted by Ivan Kowitz on March 04, 2008 at 14:44:32:

In Reply to: World Reserve Monetary Exchange Validity posted by rmatsuda@earthlink.net on July 24, 2007 at 17:57:02:

I have had a different experience with the World Reserve Monetary Exchange.

I have been billed $18 per month for 6 months, yes, but I regularly receive the new $1 presidential coins (as they are minted).

I will be billed a total of 9 times (9 months x $18 = $162) and receive forty such coins, when all is said and done.

I will continue to receive these coins as they are minted, until the year 2016 -- even though I will stop being billed in 3 months (again, having already been billed 6 times).

It is true that I could buy these coins directly from the U.S. Mint. But the Mint is charging $5.95 per coin (I'm attaching link below). If I were to buy all 40 coins -- and the price were never to go up -- that would be $238, compared to the $162 I am spending.

However, having read all of these negative comments, I will certainly track my credit card statements very closely, with an eye on WRME. I also plan to call my credit card company preemptively, to let them know that there have been customer complaints about World Reserve Monetary Exchange.

That said, if I weren't already receiving coins from WRME, I would NOT choose to do business with them, based on the comments I've seen here. I just called them and they WILL put you on hold for two hours! That level of customer service is unacceptable and of course, any hint of credit-card fraud is unacceptable.

My advice (for what it's worth): maybe stick with the Mint. Regards.

Follow Ups:

• Re: World Reserve Monetary Exchange Validity Gary Breuckman 14:25:33 07/25/08 (0)
• Re: World Reserve Monetary Exchange Validity Gary Breuckman 14:21:05 07/25/08 (0)
• Re: World Reserve Monetary Exchange Validity Ivan Kowitz 18:54:17 07/08/08 (1)
  • Re: World Reserve Monetary Exchange Validity brit 17:43:32 07/10/08 (0)

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Comments:
: I have had a different experience with the World Reserve Monetary Exchange.

: I have been billed $18 per month for 6 months, yes, but I regularly receive the new $1 presidential coins (as they are minted).

: I will be billed a total of 9 times (9 months x $18 = $162) and receive forty such coins, when all is said and done.

: I will continue to receive these coins as they are minted, until the year 2016 -- even though I will stop being billed in 3 months (again, having already been billed 6 times).

: It is true that I could buy these coins directly from the U.S. Mint. But the Mint is charging $5.95 per coin (I'm attaching link below). If I were to buy all 40 coins -- and the price were never to go up -- that would be $238, compared to the $162 I am spending.

: However, having read all of these negative comments, I will certainly track my credit card statements very closely, with an eye on WRME. I also plan to call my credit card company preemptively, to let them know that there have been customer complaints about World Reserve Monetary Exchange.

: That said, if I weren't already receiving coins from WRME, I would NOT choose to do business with them, based on the comments I've seen here. I just called them and they WILL put you on hold for two hours! That level of customer service is unacceptable and of course, any hint of credit-card fraud is unacceptable.

: My advice (for what it's worth): maybe stick with the Mint. Regards.



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