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  • Report:  #320919

Complaint Review: American Express - Nationwide

Reported By:
- Rochester, New York,
Submitted:
Updated:

American Express
americanexpress.com Nationwide, U.S.A.
Web:
N/A
Tell us has your experience with this business or person been good? What's this?
In the early eighties I purchased Salvador Dali's Alice in Wonderland series of four lithigraphs from American Express, thinking that the company was an upright company Boy was I fooled. Uust yesterday (Mafch 24, 2008) I found out that I had purchased fakes.

These lithos were purchased to be given to my daughters after my death as a memento of me. I was always fond of Dali's paintings.

I paid the price of $975.00 per litho thinking they would go up in value after Dali's death. I am a widow now and that money would surely come in handy as all I have left is social security widow benefits to support myself.

I would like to get a refund from American Express or at least join a class action suit. I also have all the paperwork connected with this transaction. I was never notified that amex was giving refunds on the lithos.

Anon

Rochester, New York

U.S.A.


2 Updates & Rebuttals

Cory

San Antonio,
Texas,
U.S.A.
Same Thing

#2Consumer Comment

Thu, April 10, 2008

Was at the bank the other day. There's this guy who had a brick, $1000 worth, of 1976 BU half dollars. They are making him break them out of the rolls so they can run them through their coin counter. I think to myself, if only he had invested the $1000 into an interest bearing account 32 years ago, he'd have at least $8000 or more. If he had bought a good stock, he might have up to $30 or $50,000. Instead they're gonna credit his account the $1000 which is worth about a third of what it was 32 years ago. BAD IDEA.


Ed

Dallas,
Texas,
U.S.A.
OH MY GOD

#3Consumer Suggestion

Thu, April 10, 2008

Do you realize that if you would have simply put that $3,900 in an average growth stock mutual fund and left it alone, you would now have $50,000 to give your daughters? Do you know that if you had left it alone for an additional ten years, you would have had $140,000 to give you daughters? And you chose to "invest" this money in some Alice in Wonderland lithigraphs? As I always say, you can't dummy proof the world.

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