World Reserve Monetary Exchange - Vault Brick Scam

32 of 201 World Reserve Monetary Exchange reviews

Not sure how many people read the paper these days...but today in the Bourbonnais, Illinois Daily Journal a story line caught my eye...'IL residents snap up U.S.State Silver Bars'.

Promise to a free silver bar and discounted rates on "vault bricks" essentially a vault brick is 6 troy ounces (e.g. 6 silver bars). Total cost would be $299 after shipping for 6 troy ounces (nearly $50.00 per T/oz).

Silver is trading at $16.32 and has been as low as $15.32 in recent high as $17.25.Deception at your expense.

This review is a subjective opinion of a user.
Report Comment

More Review Details

Product or service
Silver Bar
Review category
Financial Services
review #559698
Had an experience with World Reserve Monetary Exchange? Submit review ›
Helpful? 10 Yes 10 2 No 2
Had the same issue 8 Yes 8
32 of 201 World Reserve Monetary Exchange reviews

Nov 17, 2015 #1065053 Warminster, Pennsylvania, United States

Thanks for posting. Ad is very deceptive and confusing. These
"bars" are grossly overpriced. You can get 1 oz. silver American Eagles for a dollar or two over spot silver ($13.70/oz), ie much less than $20.

0 0 Reply

Aug 20, 2015 #1022112

Thank you. Had started to do the research and it just didn't add up. Again, thank you for this article.

1 0 Reply

Aug 02, 2015 #1014933

I THINK I GOT CAUGHT IN THE SILVER BAR SCAM ON JULY 24TH 24th, 2015 ADVERTISED IN THE SARASOTA HERALD TRIBUNE. AT THE SUM OF $618.00. They sent me an e-mail supposedly affirming it on July 28th. I found your warning today, Aug.2, 2015. I am calling my credit card company now to see if it went through. I hope not. A. E Incze. e-mail-

0 0 Reply

Dec 01, 2014 #909262 Greenville, South Carolina, United States

From a retail pricing standpoint the pricing is fair. I like silver bars and called to find out if there was a set of 50. There is...if you buy that they are $39 each. So not out of line retail wise for 1 ounce of silver. These are probably lower volume than a bullion piece.

0 6 Reply
ALS 70

Mar 19, 2015 #960949 Cary, North Carolina, United States

Reputable companies sell for just a couple of percent over spot. I just purchased silver bars for $18 an ounce which included shipping.
This is way out of line. Quite simply rip off, if you are *** enough to fall for it.

6 0 Reply

Apr 03, 2016 #1138415

You can't compare pricing of retail ingots etc to other bullion items. Yeah they are a bit expensive not to have any sculpted design on them...but still the markup is in line with items one would buy at any big box retailer.

0 1 Reply
Great comment! Would you like to convert it into review?

You will be able to edit the text before publishing.

You were reading a complaint about World Reserve Monetary Exchange.
Filing a new complaint about