Bradford Exchange

Discussion in 'Coin Chat' started by A1000talents, Jun 10, 2019.

  1. A1000talents

    A1000talents New Member

    I posted on the ancients talk recently about a pastor that has been buying from the Bradford Exchange for years.
    He always wanted to show me his coin since I only have a few coins. I mainly collect military items. So this past weekend at his birthday party,he showed me his collection.
    I was wanting to see it since he was always telling me about his collection of rare coins.
    I was disappointed. About 90% was silver or gold plated, all from the Bradford Exchange. Most had copy written on them. His ancients were replicas. I was mad that he was wasting money on junk. He's 78 and thinks the coins are real gold. He thinks the ancients are really ancient since the Bradford Exchange claims made with "ancient silver." He told me he spent over $10,000 on their "rare" collectibles.
    I was to say the least heartbroken. He says it's to help pay for his youngest grandsons college. The pictures are items he's bought. Wish this company was out of business.
     

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  3. Kentucky

    Kentucky Supporter! Supporter

  4. fretboard

    fretboard Defender of Old Coinage!

    That's a shame! I'm sure there's others who share the same story, only difference would be amount paid. :(
     
  5. masterswimmer

    masterswimmer A Caretaker, can't take it with me

    A legal scam. Bummer the grandson has no college fund from the well meaning grandfather. :(
     
  6. cpm9ball

    cpm9ball CANNOT RE-MEMBER

    Have you told him that they are not worth very much? He may get mad and you may be sad, but someone has got to give him the bad news before he wastes any more of his money.

    Chris
     
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  7. masterswimmer

    masterswimmer A Caretaker, can't take it with me

    I agree with @cpm9ball about telling him what their market value is. My recommendation though, go armed with some completed ebay sales to endorse your eye opening reveal. Hopefully he won't be too upset with you. Keep reiterating that you're only telling him so he doesn't continue to throw good money after bad.
     
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