Tampa Bay woman feels ripped off, pays $61 for coins worth $1.50 - WFLA News Channel 8

Tampa Bay woman feels ripped off, pays $61 for coins worth $1.50

Posted: Updated:
Vickie McInnis responded to a newspaper ad promising a chance to buy old, rarely-seen coins. Vickie McInnis responded to a newspaper ad promising a chance to buy old, rarely-seen coins.
Vickie McInnis responded to a newspaper ad promising a chance to buy old, rarely-seen coins. Vickie McInnis responded to a newspaper ad promising a chance to buy old, rarely-seen coins.
Vickie McInnis responded to a newspaper ad promising a chance to buy old, rarely-seen coins. Vickie McInnis responded to a newspaper ad promising a chance to buy old, rarely-seen coins.
Vickie McInnis responded to a newspaper ad promising a chance to buy old, rarely-seen coins. Vickie McInnis responded to a newspaper ad promising a chance to buy old, rarely-seen coins.

Vickie McInnis responded to a newspaper ad promising a chance to buy old, rarely-seen coins that have been sitting in a bank vault for years.

With shipping, she paid $61.43. But, here's what she received: a bag of about 100 pennies, worth at most: $1.50.

"I felt totally deceived, totally ripped off,'' McInnis said.

The full-page ad includes a photo of armed guards surrounding piles of money bags. The article explains that circulation of the bags is limited and if you live in the right zip code, you have the privilege to buy one for a mere $49.

Get this: the winning zips begin in 32, 33 and 34. That includes the whole Tampa Bay area.

The ad says the coins date back to the 1800s and include Indian head coins, wheat pennies and wartime steel coins.

But, most of McInnis' coins are from around 2003.

"These pennies are just new that you could get any day from the bank in a roll, and you know, pay for 100 pennies for $1," she said.

Coin buyer John Frost, of the Gilder Shop in Tampa, reviewed McInnis' coins for 8 On Your Side and said she was "ripped off."

Frost said at most, the pennies are worth about $1.50 because there are a couple of wheat coins in the bag.

"They're not un-searched," he said. "Somebody had to put them here and seal the bag, so somebody's already handled them and looked at them."

I tracked down the company that sold McInnis the coins. It's called World Reserve Monetary Exchange in Canton, Ohio. It has an "F" rating with the Better Business Bureau after hundreds of similar complaints.

Copyright 2014 WFLA. All rights reserved.

 

 

  • Don't Miss ItMore>>

  • Panthers' Hardy won't play Sunday against Detroit

    Panthers' Hardy won't play Sunday against Detroit

    Sunday, September 14 2014 12:55 PM EDT2014-09-14 16:55:52 GMT
    Hardy was convicted in July on one count of assaulting a female. Hardy was convicted in July on one count of assaulting a female.
    Panthers defensive end Greg Hardy is inactive for Sunday's game against the Detroit Lions.That news comes just two days after Panthers coach Ron Rivera said the Pro Bowler would play.Do you tweet? We do! Join us on http://8.wfla.com/1dsYrjSHardy was convicted July 15 of assault on a female and communicating threats. He is appealing the ruling. He was active against Tampa Bay in Week 1.Mario Addison is expected to star...
    Panthers defensive end Greg Hardy is inactive for Sunday's game against the Detroit Lions.That news comes just two days after Panthers coach Ron Rivera said the Pro Bowler would play.Do you tweet? We do! Join us on http://8.wfla.com/1dsYrjSHardy was convicted July 15 of assault on a female and communicating threats. He is appealing the ruling. He was active against Tampa Bay in Week 1.Mario Addison is expected to star...
  • Gators survive 'Swamp' scare, beat UK, 36-30

    Gators survive 'Swamp' scare, beat UK, 36-30

    Sunday, September 14 2014 11:14 AM EDT2014-09-14 15:14:06 GMT
    Matt Jones scored the game-winner in the third overtime period on Saturday night. Matt Jones scored the game-winner in the third overtime period on Saturday night.
    Matt Jones plunged across the goal line, and before he could even get to his knees, was mobbed by teammates.Jones' 1-yard run in triple overtime gave Florida a 36-30 victory over Kentucky on Saturday night, extending the Gators' winning streak in the Southeastern Conference series to 28 games.
    Matt Jones plunged across the goal line, and before he could even get to his knees, was mobbed by teammates.Jones' 1-yard run in triple overtime gave Florida a 36-30 victory over Kentucky on Saturday night, extending the Gators' winning streak in the Southeastern Conference series to 28 games.
  • Win ticket to Halloween Horror Nights 2014 - Universal Studios

    Win ticket to Halloween Horror Nights 2014 - Universal Studios

    Friday, September 12 2014 9:20 PM EDT2014-09-13 01:20:02 GMT
    Enter here.
    Enter here.
  • Most Viewed Stories on WFLA.com

  • Sign up for WFLA News Channel 8 Email Alerts

    * denotes required fields






    Thank you for signing up! You will receive a confirmation email shortly.
Powered by WorldNow

200 South Parker Street, Tampa, FL 33606

Telephone: 813.228.8888
Fax: 813.225.2770
Email: news@wfla.com

Can’t find something?
Powered by WorldNow
All content © Copyright 2000 - 2014 Media General Communications Holdings, LLC. A Media General Company.