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Topic: [ANN] BeYourOwnBank Coldstorage DIY Silver Coins "Bankers Beware" (Read 2131 times)

legendary
Activity: 2828
Merit: 5894
Meh.
Hhampuz, after the hiccups with the mint, can you please confirm the total mintage of the coin ?
I'm a happy owner of a couple of these and I'm curious how many siblings does it have. Tongue

As of now a total of 38 coins were sent back to the mint, never to be returned, bringing the total mintage to 122. Should add that to OP an dwill do shortly Smiley
legendary
Activity: 2464
Merit: 3158
Hhampuz, after the hiccups with the mint, can you please confirm the total mintage of the coin ?
I'm a happy owner of a couple of these and I'm curious how many siblings does it have. Tongue
legendary
Activity: 2254
Merit: 1140
If you paid with CC, you may still be able to dispute the charges.   That would get them to straighten things out right away Hhhampuz. 

Good point rmc, i would go that route a cc was probably used so just call the cc company and tell them they didnt deliver the promised goods.

Sadly we did not pay with a cc.. Wire transfer was the payment option we used Sad


Ugh, that sucks, hopefully they do the right thing.    Try and annoy them by phone as much as possible about it.   Leave a negative BBB review, and anywhere else where their company is listed.
legendary
Activity: 2828
Merit: 5894
Meh.
If you paid with CC, you may still be able to dispute the charges.   That would get them to straighten things out right away Hhhampuz. 

Good point rmc, i would go that route a cc was probably used so just call the cc company and tell them they didnt deliver the promised goods.

Sadly we did not pay with a cc.. Wire transfer was the payment option we used Sad
legendary
Activity: 3640
Merit: 1407
If you paid with CC, you may still be able to dispute the charges.   That would get them to straighten things out right away Hhhampuz. 

Good point rmc, i would go that route a cc was probably used so just call the cc company and tell them they didnt deliver the promised goods.
legendary
Activity: 2254
Merit: 1140
If you paid with CC, you may still be able to dispute the charges.   That would get them to straighten things out right away Hhhampuz. 
legendary
Activity: 2828
Merit: 5894
Meh.
2 Week bump. Any news? I'm assuming no, but it never hurts to ask.

-Dave

Yep sorry about no reply in here.. It's been a nightmare trying to talk with any NWTM representative and I've been down and out with the flu.

So the latest update is:

There will be no coins. NWTM melted down the ones we sent back and they will not have the staff to remake them.

This has left me with two options and I will send out PM's to everyone affected by this.

1). People will get a full refund in the amount they paid back when they purchased their coins.
2). People will get a "free" coin from the upcoming release (currently working on having it made).

Option number 2 would help me out more as it gives no additional headaches when in this process (still fighting with NWTM to get our dies and refunds from them, no success so far). But I understand if people would want to go for option 1.

As said, I'll send out PM's to everyone affected by this and I hope you know how bad this entire situation makes me feel. This was definitely not what I wanted to do or how I wanted it to play out but it's beyond me.
legendary
Activity: 3458
Merit: 6231
Crypto Swap Exchange
2 Week bump. Any news? I'm assuming no, but it never hurts to ask.

-Dave
legendary
Activity: 3640
Merit: 1407
NWTM is in Chapter 11 bankruptcy (reorganization) and has closed the bullion business but seems to be still minting (I would be hesitant to use them though:) Here are some useful links:

http://about.ag/NWTMint.htm

http://existingbullionorders.com/

It looks like Medalcraft Mint, Inc is buying the dies so if you have done any projects with NWTM that appears to be where your dies will end up.



Wtf... in two months, the top usa crypto grading service (ANACS) goes to shit, as well as the best mint in the usa going bankrupt? FML... Sad

Yeah this is bad news, like krog I'm surprised to see the website still up and running like nothing is happening.

Last minute cash grab, sorry hhamp but maybe they melted your coins down and are now selling the bullion.  Tongue
legendary
Activity: 2702
Merit: 1072
NWTM is in Chapter 11 bankruptcy (reorganization) and has closed the bullion business but seems to be still minting (I would be hesitant to use them though:) Here are some useful links:

http://about.ag/NWTMint.htm

http://existingbullionorders.com/

It looks like Medalcraft Mint, Inc is buying the dies so if you have done any projects with NWTM that appears to be where your dies will end up.



Wtf... in two months, the top usa crypto grading service (ANACS) goes to shit, as well as the best mint in the usa going bankrupt? FML... Sad

Yeah this is bad news, like krog I'm surprised to see the website still up and running like nothing is happening.
legendary
Activity: 3570
Merit: 1959
NWTM is in Chapter 11 bankruptcy (reorganization) and has closed the bullion business but seems to be still minting (I would be hesitant to use them though:) Here are some useful links:

http://about.ag/NWTMint.htm

http://existingbullionorders.com/

It looks like Medalcraft Mint, Inc is buying the dies so if you have done any projects with NWTM that appears to be where your dies will end up.



Wtf... in two months, the top usa crypto grading service (ANACS) goes to shit, as well as the best mint in the usa going bankrupt? FML... Sad
legendary
Activity: 1806
Merit: 1164
NWTM is in Chapter 11 bankruptcy (reorganization) and has closed the bullion business but seems to be still minting (I would be hesitant to use them though:) Here are some useful links:

http://about.ag/NWTMint.htm

http://existingbullionorders.com/

It looks like Medalcraft Mint, Inc is buying the dies Medallic Art mint may have so if you have done any projects with NWTM that appears to be where your dies will end up.

Quote
The Trustee has just filed a motion saying that he has accepted "stalking horse" bids from two companies for two sets of assets. A stalking horse bid means that the company making the offer must pay that amount, unless there is a higher bidder (and in exchange for guaranteeing a sale, the stalking horse bidder may get a small amount of money if they are outbid).

In this case, Industrial Assets Corp. and Maynards Industries USA LLC would be purchasing the majority of the NWTM assets for $1.95M. Medalcraft Mint, Inc. would buy the Medallic name, website, customer lists, dies, and related items for $700K. The companies would provide a deposit of $295,000.

legendary
Activity: 2520
Merit: 3238
The Stone the masons rejected was the cornerstone.
NWTMINT is in bankruptcy?

How is it they are still running there website as if nothing has happened? Huh

  http://www.nwtmint.com/

  What are they playing at? Scammers!!

   Its funny I contacted them over about two months ago about making a coin.

   The guy even called me back and explained the process on coin making and expenses.

   All while this while they knew what was gonna  go down too!  Angry
sr. member
Activity: 1526
Merit: 473
"green jungle" anacs

Please oh please let this catch on as community nomenclature.

-tickld

Hahaha.. After thinking more, I kind of like "jungle slabs" as the final name, but whatever works! Tongue

Now that sounds exotic. Damn I really feel like I need me a jungle slab.  MM MM good
legendary
Activity: 3570
Merit: 1959
"green jungle" anacs

Please oh please let this catch on as community nomenclature.

-tickld

Hahaha.. After thinking more, I kind of like "jungle slabs" as the final name, but whatever works! Tongue
sr. member
Activity: 1526
Merit: 473
"green jungle" anacs

Please oh please let this catch on as community nomenclature.

-tickld
legendary
Activity: 2828
Merit: 5894
Meh.
After sending multiple emails to people that should still take care of NWTM business I got an email from someone working at "Medallic Art Company", which is a private mint that were bought by NWTM in 2009.

The email asked me for pictures of this coin and an order number so that she could try and find them (whatever that means). So I'm hopeful about this getting resolved soon. If they were never re-minted and still have imperfections, I'll issue discounts for the people that purchased those specific numbers.

Thank you all for the patience you have shown!
legendary
Activity: 2828
Merit: 5894
Meh.

Appreciate the transparency Hhampuz and it's very sad to hear they folded.  I wouldn't expect much to come out of it but I'm glad to see you're putting forward the effort for your customers.

I'm wondering when/if they'll actually put a notice onto their sales sites or if they're still accepting orders that could have future issues.

Yeah, right now I wouldn't put it past them to still accept orders without the intentions of fulfilling them.. Which is a shame.



That sucks bad for you hhamp, nothing you can do i guess.  Especially with the nbers missing, i got one and glad i did these are beautiful coins.  Any ideas on new mints or you arent that far yet?  Probably going to do a silver project this year so im gonna be poking around for some mints will let you know what i find

Thanks wheelz, it is what it is I guess.. Appreciate you letting me know if you find anything good though, I would of liked to already have the 2nd design in hand by now but yeah.


@Hhampuz so sorry to hear of the NWTM bankruptcy hope it has minimal affect for you. Kialara also used NWTM but I think he got the Moon series finished before the troubles.

Yeah it's a real shame.. I did ask around and people only had good things to say about NWTM until after I made the coins where I learned they've had issues for a while..



Yeah thanks Dave, found that site a few days ago, to bad I didn't find it 3-4 months ago Cheesy.


on a lighter note, numbers 51 & 52 both received "green jungle" anacs grades of ms69! Tongue

Edit but I'm sure I'll have to send them back unless they actually listened to me bitch about the holograms. Tongue

Thanks owlcatz, Can't be too unhappy with MS69 I guess Cheesy

And yeah, the jungle green crap holo placement is another issue that needs to be taken care of haha..
legendary
Activity: 3570
Merit: 1959
on a lighter note, numbers 51 & 52 both received "green jungle" anacs grades of ms69! Tongue

Edit but I'm sure I'll have to send them back unless they actually listened to me bitch about the holograms. Tongue
legendary
Activity: 3458
Merit: 6231
Crypto Swap Exchange
Gentle bump...any update?

I'm guessing no news is....no news.


Thanks,
Dave

Sorry for the lack of updates.. here's the latest though:

NWTM has officially gone bankrupt, the entire workforce was let go except for one or two guys. One of the guy that was let go (Marty) was the guy I've been emailing without getting any replies.

I got some emails for the owner and Trustee yesterday and have sent out emails to them today, looking for any update. It is looking bad right now though. Unless this gets resolved within the next couple of weeks I'll have to start issuing refunds to those who paid up-front. Besides that there's not much I can do, in the end I'll be the loser in this one and there'll be some missing numbers from the first release.

FYI

http://about.ag/NWTMint.htm

-Dave
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