Google Groups no longer supports new Usenet posts or subscriptions. Historical content remains viewable.
Dismiss

Re: Interesting about NYCOINMART

17 views
Skip to first unread message
Message has been deleted

Bremick

unread,
Mar 20, 2011, 9:35:22 AM3/20/11
to

"Nomen Nescio" <nob...@dizum.com> wrote in message
news:im4sfh$fd4$1...@speranza.aioe.org...
>I was looking at some $20 gold coins, and noticed some nice coins
> at an outfit called NYCOINMART
>
>
> http://www.nycoinmart.com/category/0160_20_gold/
>
> But what's disturbing, is that most of the double eagles
> claim CERTIFIED, but not by WHOM. I started looking around, and
> found a webpage with their supposed location.
>
> http://nycoinmart.blogspot.com/
>
>
> Then take a look at a picture of their actual location here.
>
> http://acdwyer.com/images/nycoinmart.jpg
>
> They list their address as "94 Gardener Ave., Suite 337 or 391." It
> appears their suites are nothing more than a mailbox at a UPS store. A
> far cry from the office building they put on their webpages.
>
>
> I have a problem with any company that misrepresents who they are. The
> fake building versus a UPS Store mailbox is enough to make me do
> business somewhere else.
>
> There is some affiliation with Sunrise Numismatics, UA America, and
> NYCoinmart. They claim to be a NGC and PCGS member but they are not
> listed on their authorized dealers lists for NY. NYCOINMART is not on
> their lists either. They also claim to be a member of the Certified Coin
> Exchange (CCE). UA America is listed as a CCE member using the
> NYCOINMART address with Kevin McNerney as the owner.
>
> They tend to sell a lot of PCI graded and slabbed coins. There are
> plenty of online forums where collectors complain that when they try to
> crossover PCI coins at PCGS or NGC, they come back with either a lower
> grade, or as a problem coin. I’ve seen forums also discussing that PCI
> was bought by the owner of NYCOINMART. If true, that is a huge conflict
> of interest that you won’t find at PCGS or NGC. However I’ve also seen a
> supposed message from the owner of UA America who states he no longer
> owns NYCOINMART and is in the process of selling PCI. So the truth just
> gets murkier.
>

So why are you so hung up on this place? They're not the only outfit
selling $20 gold. Simply move on and forget about NYCOINMART.


oly

unread,
Mar 20, 2011, 9:48:24 AM3/20/11
to
> selling $20 gold.  Simply move on and forget about NYCOINMART.- Hide quoted text -
>
> - Show quoted text -

The only time I ever bought a gold coin out via mail of the NYC area,
I had to send it back - wildly overgraded (my recollection is that it
was in a major TPG slab too). And that well-known seller still runs
weekly ads in a major weekly coin newspaper, 'though apparently now in
semi-retirement.

Gotta admit they were prompt and fairly classy about sending the
refund check.

It's best to only buy gold coins in person, sight seen.

oly

Jerry Dennis

unread,
Mar 20, 2011, 3:13:21 PM3/20/11
to

This will be long. They're a sloppy outfit. I'd never do business
with them. We had a thread about some of their ebay auctions in early
January. A few red flags. I offered they were a direct marketing
company in Minnesota based on a phone number they listed. On January
7, I, as well as a few other RCC-ers, received an e-mail from them

<quote>

Upon recent inspection and random key word searches of the internet
several members of our tech team have discovered a sequence of forum
and blog posts that can only be described as misleading and
defamatory. While we here at NYCoinMart embrace the internet and all
its potential for purposes of commerce as well as intellectual
property sharing, we also realize the dangerous potential of
misleading information being broadcast. Please see the below
referenced posts: These were discovered several days ago and have also
been brought to the attention of the NYCoinMart legal team for further
review.

To address specific issues brought about in the posts: The 888 number
(888-780-2646) is in fact registered to NYCoinMart. The location of
the business, as the namesake would suggest, is in fact in New York.
We are not sure how you arrived at the conclusion that NYCoinMart was
somehow a direct marketing company based in Minnesota. However these
statements, as well as others like it is precisely why we here in IT
did in fact have to bring this to the attention of in house council.
In so far as the direct reference to NYCoinMart specific management
members as well as principles, again, while we here do respect the
free speech nature of the world wide web, we must log this public
forum post due to its defamatory, misleading, and harmful nature.

The NYCoinMart IT Team has been asked to notify those responsible for
these, and other similar forum posts to remove said items through
voluntary means within the next seventy two hours. Beyond that period,
the NYCoinMart IT team will take the necessary measures to remove the
aforementioned posts through alternative means. The NYCoinMart IT Team
would also like to advise that all IP Addresses and MAC numbers
associated with the creators of these posts have been logged to a data
file for future reference if so requested by our in house council. We
do apologize for any inconvenience though as citizens of the internet,
we trust you understand how harmful deliberately misleading and
defamatory information can be when posted in public venues. We thank
you for your consideration and understanding and would be happy to
answer any questions or concerns you may have. Please feel free to
contact us using the details included in the signature below.

Finally, NYCoinMart IT/Legal teams are obligated to inform those
individuals whose IP/MAC numbers are associated with the initial
creation of these threads that Google/MindBRIX Forums (Santa Monica,
CA) has been informed of the pending situation and have agreed to lend
necessary support where necessary.

<unquote>

On January 8, I did try to respond:

<quote>

You guys need to get your facts straight. The number listed in your
ebay auctions mentioned in the RCC post isn't 888-780-2646 as you
claim. It's 888-801-9744. THAT number is registered to the National
Mail Order Association in Minneapolis, MN.

As a "just for laughs," I checked into some of your current ebay
auctions. The phone number provided is 866-652-8756. There's no
listing online for that number. If you guys are legit, you need to
look in your own house for incompetency rather than blaming those of
us who may have an interest in your wares, only to find that what
could be a simple mistake is casting a light on you that screams
"FRAUD!" Those of us that have been on RCC for a while have been
passing on red flags for years. A simple phone number error listed in
an auction, such as yours, makes all of us avoid it.

<unquote>

Of course, I received an alert that it was "non-deliverable." As far
as I'm concerned, it's now a dead issue.

Jerry

Gary

unread,
Mar 23, 2011, 6:10:07 AM3/23/11
to
I think many are afraid to comment in rcc threads criticising companys
after the Accugrade law suit.
0 new messages