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Rosland Capital - Rare and Numismatic Coins / Ripped off on Gold

1 90068Santa Monica CA, CA, United States Review updated:
Contact information:
Phone: 310-593-2372

Rosland Capital is not a legitimate investment firm. They purchase retail gold and silver from a company called Numismatics Unlimited in New York state and mark it up 50% and resell it to unsuspecting consumers and tell them it's an investment. It's not! You are being ripped off!

Gold is a legitimate investment as bullion or even as numismatics (rare coins) if you buy it from a legitimate source like www.GoldShark.com or www.fidelitrade.com and if you really want a rare coin go to www.apmex.com and you will get your metal at a retail price, but very close to market value and the cheapest a consumer can find it. If you go to Rosland, Merrit, Lear, Gold Line, Swiss America, Blanchard, or any of their competitors you will be ripped off.

Rosland Capital needs to be reported to the SEC. They are stealing from people. They take a 100k from your IRA and buy 40k worth of gold and take the other 60k as commission. They are thieves. That is not a commission. And their salemen should be ashamed of themselves. They are all thieves and you should not do business with any of them; not Chase Greenich, Vincent Bovino, Roger Heman, Laurence Grossnickle aka Thorn, Arthur Nidetz, Richard Cohen, Ryan Sala, Ian Rasten, Marty Pike, Neil Levin, Joe Behrens, Jessica Chirico, Michael Shaver, Larry Eberhart, William Eubank, Paul Ruffman, John Rossi, Jason Barker, Dylan Cohen.

Avoid them at all costs. You work hard for your money and you should protect it.

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Comments

  • Ji
      8th of Sep, 2012
    -2 Votes

    Rosland Capital did the same scam with me. Invested $80, 000 of IRA money and they sold me 27 proof gold coins at a time when gold was a little over $1, 300 a a ounce for close to $3, 000 a coin. Should of realized that Gordon Liddy was probably the worst person for me to listen to as a salesperson. My fault, just want to warn any one else, do not trust these guys, they will rip you off. I was a amature at the time, just ready for the plucking, again do not trust but varify. This is posted by Jim Francis on 9/8/2012

  • Ct
      1st of Mar, 2013
    -1 Votes

    Yes Rosland is a scam. I bought some numismatic coins in a straight up purchase. The coins I got are decent and in the end I believe I will make up my money on them. I think the quality on them is correct but I am not an expert and there is no certificate. But I could have bought about 8-10 more oz of gold if I had used an honest dealer.

    Its important to do some research. But really merely going to comparegoldprices.com is enough to find a decent dealer. The buy back claim from Rosland is worthless and the 30% premium they charge is ridiculous compared the the 2-5% markup the honest dealers who don't advertise on TV charge. They are not complete crooks in that they do give real coins and you may retain or even increase your current dollar purchasing power (depeneding on gold market). But using them is a guaranteed loss of at least 25%.

  • Bi
      12th of Jun, 2013
    +1 Votes

    I gave Rosland Capital $100, 000 of my IRA in 2008 and took out $139, 000 when my wife needed surgery in 2011.
    Could I have done better? Probably.
    Am I happy to have done what I did? You bet your ### I am.

  • Ja
      14th of Aug, 2013
    -1 Votes

    I bought 11 st gauden 20 dollar gold pieces for 2, 592.00 each on 8-12-2011 when they were going for about 2, 100 everywhere else. Their salesman Joe Behrens insisted over and over again that since they would buy them back anytime for what they are currently SELLING them for I figured it wouldn't matter.
    Turns out that was a total lie!! when I tried to sell em back to them. I was told that they would only buy them at the wholesale price that they get from their suppliers.
    TOTAL RIP OFF!!!

  • Mr
      2nd of May, 2015
    +1 Votes

    Their sales people were rude and there meet or beat any price on tv is misleading as they are talking about dated numismatic coins not bullion prices. I would not go near them in a million years.

  • Ra
      18th of Sep, 2015
    +2 Votes

    i would advise anyone who is considering a purchase from Rosland Capital to avoid doing business with them. It was my experience that they committed FRAUD on many levels.. Please be advised Rosland will charge you up to 33% on their spread when buying coins, and they will not tell you upfront what the charge will be. They buy their coins from many dealers and then charge the buyer a hefty premium to sell you the coins you are buying from them. Also if you are not familiar with coin grading do not buy any coins from them. I was to recieve 12 AU graded $10.00 gold coins from them, and my sales con ERIC GREENICH told me that the coins would be AU 58 or greater, up to AU 61. Upon recieving my coins I knew immediately the quality of the coins was very low. 4 coins had been clean making them worthless to a coin collector. The remaining coins only graded from fine to very fine. I did have the coins verified by 3 NGC Certified coin dealers which ageed, send them back they are not AU quality. If you are on their WEBSITE, get off and find a better place to buy precious metals. YOU WILL LOSE MONEY WITH THEM!!!

  • Dd
      9th of Aug, 2016
    0 Votes

    agreed!

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