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  • Report:  #236295

Complaint Review: National Collector’s Mint TRUSTED BUSINESS | Ripoff Report Verified™ …businesses you can trust. Collectors worldwide trust the superior quality of National Collector’s Mint products. National Collector’s Mint a trustworthy reliable source of rare beautiful and collectible precious metals. National Collector’s Mint has genuine Morgan Silver Dollars & U.S. Government Proof Sets to the latest quarters Presidential Dollars. National Collector’s Mint offers a wide variety of US coins.

  • Reported By:
    Los Angeles California
  • Submitted:
    Sun, February 18, 2007
  • Updated:
    Thu, May 31, 2018
  • National Collector’s Mint TRUSTED BUSINESS | Ripoff Report Verified™ …businesses you can trust. Collectors worldwide trust the superior quality of National Collector’s Mint products. National Collector’s Mint a trustworthy, reliable source of rare, beautiful and collectible precious metals. National Collector’s Mint has genuine Morgan Silver Dollars & U.S. Government Proof Sets, to the latest quarters, Presidential Dollars. National Collector’s Mint offers a wide variety of US coins.
    8 Slater Street
    Port Chester, New York
    U.S.A.
  • Phone:
    800-452-4381
  • Category:

ABOUT THE RIPOFF REPORT BELOW:


Ripoff Report would like to let readers know that Ripoff Report emailed this customer so the member business could make things right with them. When a business joins the Corporate Advocacy Program, Ripoff Report emails everyone from the past so the member business can make things right with them. Of course, everything within reason. In order to confirm that the complaints were resolved, Ripoff Report is copied on all responses so we can insure that the member business did right by their customer. The author of the Report below never responded to Ripoff Report’s email..


STATEMENT FROM NATIONAL COLLECTORS MINT:


This is a series of complaints going back to 2004 from at least two different people though we have no idea who these people are. We can document the source of the clad silver used to manufacture the product as having been recovered from the site of the World trade Center. We can document the almost $2,100,000 donated to 9/11 charities.


NOW TO THE ORIGINAL REPORT THAT WAS FILED


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THEY'RE BACK. Now it's "Genuine" 9/11 World Trade Center FIFTH Anniversary coins, featuring a spiffy pop-up of the twin towers which it claims were made with silver from a bank vault found under tons of debris at ground zero. They also claim that $5 of the purchase price of each coin goes to charity. Remember when the National Collector's Mint tried this same "commemorative" scam before in 2004 and were shut down by New York Attorney General Eliot Spitzer? WELL, NOW NATIONAL COLLECTOR'S MINT IS AT IT AGAIN, SELLING YET ANOTHER TWIN TOWERS "MEMORIAL" COIN! Interestingly enough, an attempt to boost their image by a hefty contribution to the WTC Memorial Foundation this year was rejected by the organization on moral grounds. The donation by National Collector's Mint was meant to boost sales of their new "Freedom Tower Silver Dollar." WTC Memorial Foundation president and CEO Joseph Daniels said of rejecting the donation, "We weren't comfortable because of the history. They were investigated by the Attorney General's Office and ended up settling." Indeed. The National Collector's Mint claimed that each of their Silver Dollars were made from silver that was found in the "remains" at Ground Zero. Like so many others, I lost over three hundred dollars ($300) in coins I purchased but never received from this company. Instant Replay******* "It is a shameless attempt to profit from a national tragedy," Spitzer said. "This product has been promoted with claims that are false, misleading or unsubstantiated." Spitzer has filed a civil suit in state Supreme Court. Tom Conway, head of the state's Consumer Frauds and Protection Bureau, said an investigation into the company began with consumer complaints and a referral from the U.S. Mint. The U.S. Mint offered this statement: "The United States Mint wants to alert consumers and the public about a new product being marketed by a private firm -- the National Collector's Mint, Inc. The National Collector's Mint, Inc. advertises this product as a "Freedom Tower Silver Dollar" originating from the Commonwealth of the Northern Mariana Islands and claims that it is a "legally authorized government issue" coin." The New York Supreme Court issued a temporary restraining order against the National Collector's Mint, Inc., immediately halting the advertisement and sale of the "Freedom Tower Silver Dollar." Consumers who have questions or concerns about the "Freedom Tower Silver Dollar" can contact the New York Attorney General's Office. State Supreme Court judge Justice Joseph R. Cannizzaro ruled in Albany that the National Collector's Mint Inc. committed fraud, false advertising and deceptive business by marketing its "2004 Freedom Tower Silver Dollar" commemorating Sept. 11, as a "legally authorized government issue silver dollar" made with pure silver from ground zero. Attorney General Eliot Spitzer has said the coin, which the company said had a value of $49, was worth about a cent and a half. The judge has yet to decide on penalties. A class action lawsuit has been filed against National Collector's Mint Inc., the manufacturer of the so-called Freedom Coin. Instant Replay ended******* N. C. Los Angeles, California
U.S.A.

2 Updates & Rebuttals


Beshoff22

Cedar springs,
Michigan,
United States of America

National collectors rip off

#3Consumer Comment

Fri, January 20, 2012

Why can't the government shut this place down for counterfeiting. I too was scamed by this place. And after canceling my order they attempted twice to collect. I called and was told they had canceled the order. So after all that I removed the hold on my credit card and national collectors mint still charged me. Please continue to pursue legal justice with this place and get them shut down.


Nadia

Los Angeles,
California,
U.S.A.

WTC COMMEMORATIVE COIN CON TWIN TOWERS 5TH ANNIVERSARY PROOF SPOOF 9/11 POP-UP PROCEEDS TO CHARITY SCAM SHAM GOLD SILVER COLLECTORS MINT s**+* - PART 2

#3Author of original report

Fri, March 09, 2007

"As seen on TV". And this somehow makes it legitimate?

To add to the irony, political clout is being applied as "proof" that National Collector's Mint, Inc. is now an honest business. Former congressman Barry M. Goldwater, Jr., director of NCM, is prominently featured on the website in a shameless bid to win the trust and confidence of unwary buyers.

Odd, for a newly enlightened, reformed, honest business, that there is no mention on the website of the company's murky history nor of its past criminal activities.

But then again, why should they? After all they're "on TV", Gee whiz! That ought to be enough for the good ol' gullible American public, right?

It's time these piranhas were stopped. They've fed off their victims long enough.

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