A few weeks ago, the Ear ran a story about CHERIE BARNARD of Warrenton buying a bag of supposedly valuable/collectible coins from The World Reserve Monetary Exchange for $129. When she took the coins to SCOTT McCLAINE, owner of Clatsop Coin in Astoria, he estimated the value of the coins was more like $12.

They are both pictured in still shots from a KATU video.

And, to make matters worse, the company said there would be no refunds once the bag of coins had been opened. It was a no-win situation. After all, how was she supposed to find out the coins had no value unless she opened the bag?

Cherie and Scott and her Visa card representative had a three-way call with the coin company, but got nowhere. She even went to KATU’s “PROBLEM SOLVERS – ON YOUR SIDE” (http://tinyurl.com/bago coins), who also tried, unsuccessfully, to get her money back.

However, Cherie told the Ear that once the Problem Solvers show about her predicament aired, she got a call from the president of The World Monetary Exchange. “Cherie, I’m giving your money back,” he said. Needless to say, she is delighted.

Perhaps a little public exposure of their business practices did the trick? Apparently it’s not always true that there’s no such thing as bad publicity.

Good for you, Cherie.

— Elleda Wilson


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