World Reserve Monetary Exchange ad in Parade this past weekend, very confusing...

Has anyone else seen the AD in PARADE yesterday. It is about the Balistic Rolls that store the new Presidential $1 coins. The thing that confuses me is it says -

"The U.S. Mint barely got started minting thse new coins and by law were required to stop production forever. There will never be any more."

But I searched that net and can't find ANYTHING that confirms this. On U.S. Mint site there is a 10 year plan to release schedule.

Anyone else understand this?

Thanks!
Koz

 

They're probably talking about the specific first four presidential coins being minted only in 2007.

 

World Reserve Monetary Exchange is pretty much a scam. They market coins and uncut bills with things like leather-bound books and collector's cases, to sell as collector's items, hoping people will think they really are unique, limited-edition collectors items. Their ads are designed to look like real newspaper articles in hopes they'll snooker the less-suspecting, ie. elderly, into laying out the cash for these items usually as gifts for children and grandchildren. With the ballistic rolls, they're trying to "scare" people into making the purchases because "oh-em-gee, they'll never be available ever again if I don't get them from WRMC!" The fact is, you can get the same things from the US Mint for the same base price, and you won't be hit with shipping or processing fees that WRMC will undoubtedly use to inflate the amount they charge you.

http://coincollector.org/archives/003358.html
and
http://coincollector.org/archives/004324.html
have some good information.

Also, this from a Yahoo Answers! page:
Best Answer - Chosen By Voters

The world reserve monetary exchange cheats people out of money by hiding charges. Example, the ballistic rolls are 88 dollars a roll plus 12 dollars shipping. People are supposed to be told the vault box with the coins weigh as much as a solid bar of gold. But if you ask how much it weighs you won't be told. Also you will have 11 dollars added to your total without being told until you are given the total of your order. If you are not paying attention you will be sold something you weren't offered. They also have an ad running for the dollar coins that they add money to the total instead of subtracting it from the payment plan. Example,if you buy the complete set of dollar coins that will be minted over the next ten years outright it cost 888 dollars,however if you make a first months payment of 37 dollars and a one time processing fee of 37 dollars your total is 962 dollars. This is called the continuity plan. You can buy the coins as they come out by the roll for 23.85. The continuity plan is a 24 month payment of 37 dollars. The first months payment is added to the total instead of subtracted. There are other ways they try to mislead people into buying things and I know them all.
Source(s):
My source is me, I took calls for the WRME through the company I worked for and we were told to lie to get sales. I have contacted the Ohio Attorney General about this but as of yet have received no answer. Hopefully someone will let other states outside of Ohio that they are being lied to and hit with hidden charges, some of the things being done are what some may consider fraud.