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republic jewerly republic coin , republic jewerly rip off buying coins rip off theves auburn , Maine
i am in the process of selling my coin collection and was looking around and started calling places as i have bought some coins from republic and then decided to sell them my chin hit the floor when they told me how they buy the coins
the look in the grey sheet ( which is the dealers bid/ask) prices for coins and when i called them to enquire how thy bought coins they said
we go by the grey sheet and then from there we discount the price by 50%
so to say if you have a morgan dollar valued at dealers price or asking/bid price of 70 dollars they will give you 35 for it
this is one of the biggest rip offs i have ever heard and i hope anyone reading this take this warning and not do business with them a total rip off
oh and then to sell my coins you have to make an appointment and get this they charge you $50 to estamitate coin collection and if you decided not to sell them the coins your charged $50
if you don't believe me call them and ask for your self if they buy coins and what percentage off the grey
bid/ask sheet they discount the coins
a total ripoff take it from me
john