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Re: World Reserve Monetary Exchange Validity

Posted by JeffK on September 01, 2008 at 15:47:09:

In Reply to: Re: World Reserve Monetary Exchange Validity posted by Jeremy on August 31, 2008 at 23:44:58:

My condolences. WRME is toxic, pure and simple.

I hope your experience will help others by encouraging them to do their homework before making such an expensive purchase. For example, a bit of research would reveal up front that there are NO gold Sac's or Presidential dollars. A few 2000-dated Sac's WERE struck in gold but only as presentation pieces; none are for sale to the public. Plus, the simple fact that gold has been in the $800-$1000 range for over a year should just scream out that a 3 buck coin can't have more than an atom or two of gold in it!!

My bank is more than willing to sell me all the uncirculated dollars I want at the wonderful price of one buck for each coin. There are plenty of aftermarket sellers where you can get holders. Frankly, I wouldn't bet that WRME's are "airtite" (-1 point for spelling) so the coins will inevitably tarnish.

Bottom line - buyer beware, buyer be educated. Please don't hesitate to post a new thread here before making any additional coin purchases. There are plenty of people more than willing to provide advice.

: I saw the full-page ad in my local newspaper, and got suckered into getting two frames from their high pressure gotta make the sale CSR’s. Well I was told that I would be getting two frames and 8 coins one set per mint. I got my shipment, but the frames are the same (found out later that there is two frames one for the Denver Mint, and one for Philadelphia) and I got two Denver minted Washington coins, when I should have gotten one from each mint.(the other presidential coins are correct). Repeated calls, and emails to W.R.M.E. but so far nothing... I'm not happy with them, and will tell everyone to stay away from them!! If I can’t get the 2nd D minted Washington coin swapped out for the P, I’ll just go up to my bank, and exchange it there…

: Oh the coins...yeah, I've since educated myself with the rating system used for U.S. currency, and WRME gives the impression that these coins will be pristine when in fact they are MS60 which is to say there is nothing special about them other than they haven’t been put into circulation yet(expect to see bag marks). Oh! And the ad makes you think you are getting actual “gold” coins when in fact they are made from the same planchet as the Sacagawea coins i.e. NOT gold! Maybe not rip-off but very, very misleading.

: Granted the frame look like it’s of high quality, but still the way they messed up on my order and as of yet not owned up to it doesn’t bode well in my book... To SHAME World Reserve Monetary Exchange! To shame.

Follow Ups:

• Re: World Reserve Monetary Exchange Validity Vince 03:19:33 12/06/08 (1)
  • Re: World Reserve Monetary Exchange Validity Chris Pugh 13:05:29 12/26/08 (0)

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Comments:
: My condolences.  WRME is toxic, pure and simple.

: I hope your experience will help others by encouraging them to do their homework before making such an expensive purchase.  For example, a bit of research would reveal up front that there are NO gold Sac's or Presidential dollars.  A few 2000-dated Sac's WERE struck in gold but only as presentation pieces; none are for sale to the public.  Plus, the simple fact that gold has been in the $800-$1000 range for over a year should just scream out that a 3 buck coin can't have more than an atom or two of gold in it!!

: My bank is more than willing to sell me all the uncirculated dollars I want at the wonderful price of one buck for each coin.  There are plenty of aftermarket sellers where you can get holders. Frankly, I wouldn't bet that WRME's are "airtite" (-1 point for spelling) so the coins will inevitably tarnish.

: Bottom line - buyer beware, buyer be educated. Please don't hesitate to post a new thread here before making any additional coin purchases.  There are plenty of people more than willing to provide advice.

: : I saw the full-page ad in my local newspaper, and got suckered into getting two frames from their high pressure gotta make the sale CSR’s. Well I was told that I would be getting two frames and 8 coins one set per mint. I got my shipment, but the frames are the same (found out later that there is two frames one for the Denver Mint, and one for Philadelphia) and I got two Denver minted Washington coins, when I should have gotten one from each mint.(the other presidential coins are correct). Repeated calls, and emails to W.R.M.E. but so far nothing... I'm not happy with them, and will tell everyone to stay away from them!! If I can’t get the 2nd D minted Washington coin swapped out for the P, I’ll just go up to my bank, and exchange it there…

: : Oh the coins...yeah, I've since educated myself with the rating system used for U.S. currency, and WRME gives the impression that these coins will be pristine when in fact they are MS60 which is to say there is nothing special about them other than they haven’t been put into circulation yet(expect to see bag marks). Oh! And the ad makes you think you are getting actual “gold” coins when in fact they are made from the same planchet as the Sacagawea coins i.e. NOT gold! Maybe not rip-off but very, very misleading.

: : Granted the frame look like it’s of high quality, but still the way they messed up on my order and as of yet not owned up to it doesn’t bode well in my book...  To SHAME World Reserve Monetary Exchange! To shame.



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