Canadian Coin Association

Quote:
The Canadian Coin Association was in town and had a buying event. I decided to see what it is all about and if they are really as bad as everyone says. So I took the following coins and an old Rolex watch from 1966 there to be evaluated and hopefully receive an offer to purchase (had NO intention to sell).

I arrived there and was greeted in an overwhelming way. So I asked the lady there if she was familiar with Canadian coins as I had a few that I needed to sell. I gave her the sob story of money being tight, etc., a story that I had them for a long time and need to get rid of the stuff. I said I had some old 50 cent pieces and silver dollars.

1870 50c AU50
1871H 50 cent AU 50
1871 50c Cent AU 50
1932 50 cent EF 45
1939 50 cent MS62
1948 50 cent MS63
1967 50 cent
1967 25 cent x3
1967 10 cent
1945 $1 MS62
1947 $1 P7 MS 62
1948 $1 MS62
1938 $1 MS64

I had all the coins wrapped in kitchen paper individually and placed in an old watch box I have. I started to show her the 1967's first, she said 'oh they are common, for the silver 50-cent we pay $3 and for the quarters and the dime $3 together. Total $6

Then I showed her the 1870, both 1871s , the 1932, 39 and 1948 50 cent pieces - all together, on a bad day worth between $8-10K. She said, 'quite common pieces, just metal value, we pay $ 3 each.'

I rest my case. Luckily, there was a witness, another man who wanted to sell some silver coins, he did not sell after he heard my conversation. I never even showed her the dollars. She had mentioned earlier that they pay $8 for each silver dollar.

My blood was boiling. So I called her a crook and a rip off artist, as she had very clearly seen the dates on the coins. Their newspaper ad clearly states "Coin Values are based off the Charlton Coin Guide" She asked me to (f....g) leave now or she would call the RCMP. I invited her to do so, but she retracted fast when she realized that I was serious for her to call. I said, 'the moment you show me your business license, I will leave. If you do not have one, I will call the police.'

I had to ask 5 times... finally she produced one. They paid $500 for 4 days. Tomorrow I will get a copy of it at our City Hall, then on to the newspapers to see if they are interested in my story. What a royal rip-off!! I Googled the outfit, and they used to be called The Great Canadian Road Show. They recently changed their name to Canadian Coin Association, owned by Terry Coutros. Only a search in 'Whois.com' for Canadiancoinassociation.com revealed that information their website has only a 800 number (have not called it yet). Business resides in Concord, Ontario.