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Obama coin con short-changes collector -- The National Collectors' Mint

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Arizona Coin Collector

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Jan 28, 2009, 9:27:04 PM1/28/09
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Hello

On the story below.

A fool and there money soon part. I am
amazed at what some people will pay out.

-------------------------------------

FROM:
http://www.ktbs.com/news/Obama-coin-con-short-changes-collector--24588/

Obama coin con short-changes collector

Created: January 28, 2009 06:06 PM
Modified: January 28, 2009 06:18 PM

Her collection of presidential coins is impressive
and something Tanya Thomas takes great pride in.
Her latest purchase, though, has left her
feelingshort-changed.

She paid The National Collectors' Mint a pretty
penny for four Barack Obama coins, But she thought
$75 was a small price to pay to add the 44th
president to her collection. That is until her
daughter brought them home after show and tell
at school.

"The whole front comes off. Its just a sticker
stuck on top of a regular quarter or regular
Kennedy half dollar. Its just a Barack Obama
sticker stuck on top", says Thomas.

While Thomas wasn't familiar with the National
Collectors Mint out of New York, the Better
Business Bureau is.

The coin dealer has an unsatisfactory record with
the BBB, because theres been a pattern of
complaints and the business has not taken action
to correct them.

The web-based rip off report also lists countless
stories of deception. Thomas says shes called the
mint nearly a dozen times herself--to no avail.
Our call to the National Collectors Mint wasn't
returned, either.

As for the two-dollars worth of coins she paid
big bucks for? They won't be going in this
collection--maybe just a coke machine.

In 2005, the mint was ordered by the New York
State Supreme Court to pay penalties for
misleading consumers about its Freedom Tower
silver dollar. The company claimed the U.S.
government endorsed the coin to commemorate the
9-11 terrorist attacks on the World Trade Center.

..


MKW

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Jan 29, 2009, 1:59:13 AM1/29/09
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Interesting. Though while I don't care for most of the NCMINT
products...I do think they have made some nice replicas. What the
news article does not mention: 1) The $75 includes a silver round
(medallion) made for NCMint...not just regular US Coins. 2)
Apparantly she got a defective coin where the image had not been fired
onto the surface of the coin. Normally its fused to the surface.
Sure its still only a novelty commemorative at that but to be
fair...she received a defective product. ... Shame on the NCMINT for
being slow to offer a replacement.
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