Littleton Coin Company Approval Service

As others have said, pretty much anywhere else is cheaper. I have no idea what they have their prices at, but right now I've been selling Peace dollars at $32, Morgans at $34. I can almost promise any other dealer, myself, and a few other forum members included, are cheaper no less than 100% of the time.

Edit: Holy hell, they're asking $80 each.

Not strong enough statement.

Not my advice but the way I look at it and I would imagine it works like this.

1.You subscribe and have to include a payment method to pay with some kind of credit card or paypal type account in your Littleton account.

2.They send you coins and an invoice and eventually charge you.

3. You have to return the unwanted coins within a time frame. (At your expense? I don't know?)
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So, if you want to stop them, first you will have to return the coins that you will be billed for. Next, I would contact my credit card co. that Littleton has on file and get a new credit card with a different number.

Then immediately cancel my Littleton approval service and do it in a way that I could prove it was done.
Keep an email copy and be sure to get a response or photocopy of a registered letter. Be sure you have proof you cancelled the approval service and effective date. (I don't know the procedure Littleton requires to cancel)

Anything that comes in the mail from them afterwards, I don't think you are required to return. I have heard merchandise, (not my legal advice) that you did not order that comes in the mail is yours to do what you want with it.
They don't have an account to charge on file. Mailings might stop.

I would bet that the mailings will continue, even if you cancelled. They are persistent, it is how they operate.

It wouldn't surprise me though if Littleton started sending less friendly and more threatening collection agency letters instead of coins.
Your credit rating could be at risk too.

This is one kind of shark tank I don't swim in.

One of the guys I buy coins from ordered a common date wheat holefiller. Whenever he tried to call and mentioned canceling the mailings they would hang up on him.

I sent the approval coins back with a signed note telling them I want to discontinue the approval program. I'm anxious to see if it's the end of it or the beginnings of a headache.

I've never bought any supplies from them but I noticed their albums and supplies are not priced bad. I wonder how the album quality is.

Just a couple points to ponder. There are solid criticisms, and Littleton isn't on my favorites list, either. That said, there also is a role they played in making the hobby what it is today, and the history isn't all bad.

When Littleton got its start, coin collecting was just expanding to a mass market. Not many people had local dealers or knew much about coins. Coin shows were rare, and so was long-distance travel. Littleton's business model brought coins to places where coin shops were difficult to find. They also greatly expanded public awareness of collecting. In that day, the alternative was to prepay for sight-unseen coins from dealer advertising in magazines, not be able to inspect them before purchase, and hoping you could return them if they weren't as described. Littleton flipped that, by allowing prepurchase inspection of the coins. Even today, they have that same advantage over ebay, along with an another advantage, some assurance that what they sell is at least going to be genuine.