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All Comments (20)

jim
0

Saint Paul Stamps is simply a ponzi type scheme that markets to people with limited knowledge about stamp collecting... The initial plug for 1500 or 2800 investment is just a precursor to getting 10-30k investments out "clients".. The stamps have no market value, beyond the ability of SPS to sell them to other, unknowing and greedy people... If you have bought any product from SPS, recommend you read up on bbb.org reviews and see if you credit card can process a charge back.

Me225k
-1

Phil in Texas
Finally, the BBB is taking it seriously. I have been complaining for years. They knew all the time about the scamming and fraudulent activities of this company and their head Terri. They once told me about the many complaints they have received and yet the BBB backed them. I guess they had no choice as Terri played the game so well, or perhaps he BBB just needed their membership fees. I can’t comprehend how this company was able to keep an A+ rating for this long.
I am in the process of seeking criminal charges brought against this company and its owner.

bbrag
bbrag
May 8, 2016
  0

Hi Phil,
I believe I've been scammed by saint paul as well. Do you have any interest in collaborating - there could be some strength in numbers?
thanks

William
William Aug 14, 2017
  0

Nick would be interested in collaborating I also has been a victim of StPaul Stamps.

Anonymous
0

Answered the phone to Hi Bob like we were friends. Told me we spoke a few months back which we did not. Told me at the time I was not interested but she had something new for me. Told her I was a financial planner and that I take care of my own investing. She asked if I was familiar with something I'd never heard of I presume in the stamp world!! She then said she would put me on the Do Not Contact list...

mrpester
0

Yes, initially I got a cold call. I was a bit interested since I collected stamps when I was younger. After "upgrading" a couple of times, I purchased a stamp which sold at auction giving me a gain of about $1,500. In testing them, I asked for the total amount of my investments less their commission. It took them several months, but I received it. Satisfied, I then re-invested in their stamps.

I believe stamps are a good long-term investment. Certainly, they are not as liquid as other investments. The returns have good potential. Currently, I am at my max on for that investment sector.

Unfortunately, the was another company who was a scam group, and who had St. Paul's customer list. Their pitch was they had buyers in China, who were interested in U.S. stamps. That is a true statement. They provided the service of posting your scanned stamps on a webpage for buyers to see. After a month or so, they would call you and say they had a buyer for your stamps. They required an "up front" commission fee of between $1,500 to $3,000 to handle the transaction. They have changed their name several times, and as far as I know, they are still scamming buyers..

They were operating out of Las Vegas, Nevada or nearby. No doubt, there was confusion generated from this group, and St. Paul Stamps, because of the same city location.

St. Paul is trying to expand their marketing of stamps to Europe and Asia....

Michael
0

I'm simply not tolerable to liars. When they called they said they spoke to me in January of this year. I said they did not and he BLASTED ME. I laughed at him over the phone and hung up.

Caller: Asshole
Bobby Jo
0

I will make this short and sweet. Whether or not someone believes that stamp collecting is good or bad, asking for a credit card or BANK INFORMATION (REALLY) over the phone is a "SCAM". If you really want to collect stamps, find a local source and expert. Please don't "justify" an operation that is not providing the investor with investment information on their company or the investment vehicle, BEFORE asking for payment. Preying on the population has been a long standing tradition and if they are truly looking for investors, then market openly and wisely. The secondary market is pretty scarce, going hot and cold. It is NOT an asset that is turned quickly, no matter what they say. A database of 2MM people DOES NOT GUARANTEE a sale. This is neither!

Caller: ST PAUL STAMPS
Mike
0

Well after observing the handful of complaints about Saint Paul stamps it came clear to me not one of them have invested with the company. I do admire the time spent to put forth an effort to whine on a blog on how a company actually took the incentive to actually design a introductionary Script preparing the prospect with the upside to why the next 30 minutes of there day would be best spent listening to them rather than dosing off forwarding calls. Imagine a company who didn't market there product... Why slander those who actually have drive to excel in business. Stamps, as an investment is quite risky unless that asset has been researched and found to be overly rare and uncommon, Then proposing opportunities might be quite appealing to investors. I found research is provided threw testimonies and facts that stretch out way beyond a couple open comment reviews.
So here is mine I've been investing in stamps for quite some time and found out I new nothing about the stamp and error market until i was introduced the Saint Paul stamps family now my error pieces that I've collected as a kid were said to be worthless we're remarketed and sold at auction for $3,652. Invested in some error pieces in 2012 and already showing a 36% return.

diane
diane Dec 16, 2014
  0

I think Mike needs to learn how to spell basic words and know the difference in usage. Words like there & their; threw & throught.

jim
jim Aug 27, 2016
  0

Mike, the stamps they sell are worth almost nothing on the real stamp market. They are just operating a ponzi scheme that target folks that know very little about stamps... There are plenty of reasonable stamp dealers available, if that is your interest... I suspect that any profits you make, SPS will recommend that you reinvest along with additional funds.
Good luck

rob
0

Telemarketing has to be stopped. Hanging up on them does not work, yelling at them does not work, writing long diatribes on line does not work.
I love talking to telemarketers, I try to keep them on the phone as long as possible. I start doing the dishes, cooking, cleaning my house. That way they are not wasting my time. I pretend I am interested in their products, they won't hang up if they thing there is a possibility of making a buck. I have talked to some for over an hour! I got lots done. I like to think I am saving hundreds of other people from getting a phone call from them because they are talking to me.
It is important for us to waste their time, because that is the only weapon we have against them. If enough people did this they could not stay in business. They would not be able to find the suckers amoungst the people like me. Don't do them the favor of swearing at them or hanging up. That is how they screen people They rely on people cursing an hanging up. Waste their time and end telemarketing forever.
The people that call are from call centers, they feed leads to the businesses. When I pretend to sign up for their services maybe the businesses have to pay a fee for the lead. So we can cost them money by pretending to accept the service. This is the only thing they understand, if telemarketing wasn't profitable they would not do it. People can stop telemarketers simply by talking to them.

Caller: st paul stamps
Caroline
0

Very Rude phone call. Woman calls our business and asks to speak with ******, I say he is not here, would u like for me to take a message for him, she quickly says no and when I ask what her name is, she pauses then hangs up in my ear. I call the number back and a rude woman named Joy answers the phone, I alert her that Im recording this phone call and requesting that they remove this number from their call list and to please start referring to the Do not call/disturb registry from now on, she cuts me off and asks for the name and number to remove and proceeds to tell me it could take about 72 hours to remove from the internal list, I told her that I highly recommend that she get busy passing this name and number around to her associates to ensure that I receive no other interruptions to our business day! She hung up on me as well, High class operation!!

EX EMPLOYEE
0

IT IS A SCAM PPL, I USED TO WORK FOR THE COMPANY WHICH IS NO WHERE NEAR MISSOURI, THE OFFICE IS IN LAS VEGAS NV, 2950 S.RANCHO. THE WHOLE FRONT PITCH IS A LIE? DOES THIS SOUND FAMILIAR?
HI______ THIS IS_________ FROM SPS DO U REMEMBER ME?

WELL LET ME REFRESH YOUR MEMORY, WE HAD A BRIEF CONVERSATION ABOUT 5 MONTHS AGO AND WE TALKED ABOUT DIFFERENT SAVING VEHICLES AND RETIREMENT PLANS SUCH AS CD'S, 401K'S AND MUTUAL FUNDS.. AND IF U RECALL WE AGREED THAT MOST OF ITS NOT WORKING FOR THE AVERAGE PERSON DO U STILL FEEL THAT WAY TODAY?

WELL I TOLD U I WORKED FOR A COMPANY THAT OFFERED AN ALTERNATIVE. WHAT WE HAVE IS SAFE, LIQUID, WITH AN ABOVE AVERAGE 18-24% RETURN. NOW LAST TIME WE SPOKE WHAT I HAD WAS A LITTLE PRICEY SO I DIDN'T GO INTO DETAIL WITH U, HOWEVER U DID TELL ME TO GIVE U A CALL BACK IF I HAD SOMETHING SMALLER, SAFE, AND WITH A GOD RETURN.

I DO APOLOGIZE FOR WAITING THIS LONG BUT ITS BEEN ABOUT A YR AND A HALF SINCE IVE SEEN SOMETHING WITH THIS TYPE OF POTENTIAL.
YOU STILL INVEST OCCASIONALLY RIGHT?

ALSO I WANT TO APOLOGIZE FOR THE SMALL SIZE, ITS ONLY 1500 DO YOU HAVE FUNDS CURRENTLY AVAILABLE AT THAT LEVEL?

FYI. THE BUSINESS IS IN VEGAS, THE ACQUISITION MANAGER IS AWAYS IN TOWN BECAUSE THEY ARENT REALLY IN BRANSON MISSOURI, ALL THEY DO IS LIE LIE, THEY HIRE A BUNCH OF FELONS AND THEY CAN CARE LESS ABOUT U THEY JUST WANT YOUR MONEY, THAT 866 NUMBER IS IN THE FRONT OFFICE BTW YOUR NOT DEALING WITH ANYONE WHO IS IN MO...

Caller: ST. PAUL STAMPS
Owner
Owner Aug 27, 2012
  0

We don't hide the fact that we are in Las Vegas, NV as well as Branson, MO. Our address is 500 W. Main Street, Suite 203A, Branson, MO 65616.
If you go to the Secretary of State in Branson, MO as well as Las Vegas, NV you will see that we are incorporated in both states and in good standing. We successfully do large scale business with investors all over the country. We have been in business since 2005 and are regulated by our merchant company to stay in good standings with them as well.
I am asking that you please remove this post. You may contact me for further information if needed at: info@stpaulstamps.com.

Thank you,
Terri Brittain

Phil in Texas
Phil in Texas Jan 8, 2016
  1

@Terri Brittain, might be time to shut down St. Paul Stamps as the gig is about up. I've filed complaints with BBB and Attorney General's Office in Missouri. When I spoke with BBB Dispute Director today, she told me they've now received enough complaints about St. Paul's Stamps that they will be revoking your BBB membership and are launching a formal investigation. Your deceitful and fraudulent business practices must stop and the general public must be warned to avoid you like the plague.

Anonymous
0

says that they have spoken with me before which is not true

Caller: Jennifer
Anonymous
0

"Stamp Investment" Firm -- Will simply not take "No thanks" as a final answer -- we're going on probably 2 years since initial contact! Ridiculous and Annoying!!

C J
0

Invest in stamps...scammers looking for easy prey...big bucks in stamp investing...yeah right!!

Anonymous
0

idiots trying to sell stamps as some kind of investment. bad use of your money. sorry folks, best advice is to avoid people calling you trying to sell you something to invest in. 18 percent gain on stamps - yeah right...and I have a 36 inch pecker too... nothing but useless phone spammers.

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