Business offers new coin for old

first_imgWhen a for-profit business that travels the nation buying coins, precious metals and paper currency made a stop in Vancouver this week, Ed and Mary Ann Statler decided to check it out.“There were old coins that we had been carrying around for years,” said Mary Ann Statler, 67. “I went on the Internet to see what they were worth.” Then she and Ed, 70, headed to the International Coin Collectors Association event, where the Battle Ground couple sold several historic coins and some silver.Despite concerns posted online about the coin-collecting business and its parent, THR & Associates, Mary Anne Statler said she felt she got a good deal on the trades — selling old pennies for two cents that have a resale value of three cents, for example.Online criticisms primarily focus on THR & Associates’ approach to valuing goods, which is done without the use of an appraiser, and on the fact that the company does not allow sellers to reclaim merchandise, which is often required of pawn shops and other physical stores.last_img

Leave a Reply

Your email address will not be published. Required fields are marked *