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  • Report:  #1523278

Complaint Review: Rosland Capital

Rosland Capital Attempted Ripoff/misrepresentation of gold coin value LOS ANGELOS CALIFORNIA

  • Reported By:
    Tom — Maryland United States
  • Submitted:
    Thu, December 15, 2022
  • Updated:
    Fri, December 16, 2022

I called Rosland Capital based on their advertizement. They told me that they had some Billie Jean King proof 1/4 ounce gold coins that would be a good investment. They asked me how much I had to spend. I told them $100,000. They said that would buy me 87 coins. 21 3/4 ounces. The pure gold value would be $39,150 based on $1800 per ounce.They said they were made by Pamp Suisse which was the official Switzerland Mint. This was untrue. Pamp Suisse is a private mint that will mint coins for anyone.For about $40,000 Pamp Suisse would make 87  quarter ounce proof coins. If someone spent $100,000 for these coins, , gold would have to go up to around $4600 per ounce to break even. These coins have no numismatic value.

 

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