Silver sale legitimate but far from a bargain

Free silver! The letter came in the mail, with a flyer and return envelope inside.

The letter is on legal size paper with the lower section perforated for easy removal.

The letter comes from the “United States Commemorative Gallery.” Under this heading is a disclaimer explaining is “a private gallery not affiliated with the U.S. government nor any government entity.”

It is supposedly a time sensitive statement, allowing only 72 hours to respond.

The letter is addressed correctly. It isn’t the usual generic: Hello, Dear Sir, Dear Friend...”

It declares Thurla was selected to receive five free pure silver ingots, if she responds within the time frame given. Her opportunity for the free ingots has passed.

Information about the rising value in silver is a selling point.

The price of silver per ounce is just over $27 today which is down from the $35 value set not long ago. In fine print, “Free silver ingots will ship in 4 to 6 weeks”.

Michael J. Bradshaw, executive director, signed the letter.

The lower part of the letter is very professionally done. There are check boxes asking if you are going to pay for these free silver ingots by check, money order or credit card.

Wait, the letter said these were free. Why is it necessary to give credit/debit card information? You might say this is a bait and switch. You are charged a shipping and handling fee.

So, the silver Ingots are not free. As far as it could be determined, given the weight of the silver ingots and the current price of silver, shipping and handling was more than the coins are worth.

The United States Commemorative Gallery is a business in Canton, Ohio, that sells silver.

The company is not a member of the Better Business Bureau but membership is an option and not a requirement.

The BBB does show 24complaints against them in the past three years. You can see the complaint topics by googling in the BBB at Canton, Ohio.

You can help MCT financially. Give your unwanted cell phones to it. Collecting these phones is the fundraiser for this organization.

Drop the phones off at any of the collection stations.

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2012-07-26 digital edition

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