American Gold Advisors

Be careful... be very very careful. If you do not know about gold, do not buy from this individual. Lawrence P. [redacted]. Their motto: Acquire gold. Build wealth, should read Acquire gold at unreasonably, not even close to market price, inflated prices and build his wealth. "Larry" met with me over lunch, referred by someone I thought was looking out for my best interests with my parent's trust money, and gave me the glossy folder and handout spiel. I fell for it all... especially how gold will increase in value over time and that in eight years or so the market will crash and gold will be the currency or be off the charts in prices - I wrote him out a check. Larry made a huge presentation of walking in the bank with a bag (of my coins) and gun on hip and proceeded to show me "how pretty they were". They were all of MS-64 and MS 63 rating and very shiny, knocking the ones not so shiny and with a bit of wear, we placed the boxes of coins and receipt in safety deposit box. That was last year, this year I bought my brother out of his share of my parent's house and needed cash. I called my friend and was told he would look for a buyer to purchase the coins... when I didn't hear back I called Larry, who proceeded to say that I stated I could hold on to the gold for five years .... so hold on to it. I still needed the cash so I went to a coin dealer, a very above board business that has been in town for many years, looked at my gold and at my receipt, started shaking his head. Larry had purchased for me 33 MS63 $20.00 Gold Liberty at $2295.00 each! And 33 MS64 $20.00 Gold Saint Gaudens for $2237.00 each! The purchase date was June 16, 2014 the price for gold that day was $1322.00. Each coin was priced $973.00 over the daily price. A 1924 MS64 $20.00 gold St. Gaudens is selling for $1500.00 today August 18, 2015 - as an example; Larry made approximately $70,000.00 profit. I trusted these individuals; especially since the person had worked my Mom's Trust for a couple of years was the one to make the referral, who did nothing more then take my parents hard earned money, money that was left to me for my lifetime and my Children's - but did this while I was in deep mourning. The money is gone... there is nothing I can do but to warn other people.... before you buy, don't be naïve, educate yourself - know what you are buying at what prices and are the fair above market price for the quality.... then purchase, but buyer beware with this company! And I have the receipts to show it!

took my money and bought in.