95 inquiries | Collectibles
(888) 331-6614
Company Rating
AAA
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Complaint Experience
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This business is not a member of Business Consumer Alliance. This fact does not disparage the company in any way.
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BCA's Summary and Analysis:
Some complainants allege they purchase collectible memorabilia such as autographed photographs, speeches, or other historical documents, based on promises of rapid and substantial returns on their investments. Other customers claim the company fails to provide assistance with re-selling their collectibles to other investors as agreed. Complainants allege that re-sale transactions do not occur within the time periods represented by salespersons. Some clients question the authenticity of the collectibles in general or experience difficulty obtaining refunds for returned items. The company responds to a few complaints by denying responsibility for the complaints. Other complaints remain unanswered.
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Company Info
This company's business is providing the sales of famous collectibles.
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Licensing
We know of no licensing or registration requirement for companies engaged in this company's stated type of business.
BCA has no information regarding government actions at this time.
We believe that some brokers and/or principals of West Coast Galleries are actually the same as those of Tara Fine Arts. Although both companies deny any affiliation with each other and both companies have separate corporate and business filings, they offer the same collectibles, have the same brokers, with the same type of problems for investors; misrepresentations in selling practices, and difficulty or inability to obtain refunds. A separate report on Tara Fine Arts, is available upon request. We urge careful consideration on any investment offer. Re-sale value of collectibles may flucuate daily and depends solely on the price a collector is willing to pay. Rather than make an immediate decision, insist upon written confirmation of all details of the offer and all verbal promises. Verify that the offer is registered, or exempt from such requirement, with your state Securities Commissioner. In California, call the Department of Corporations (213) 736 2481. In addition, on a national basis, the firm may be required to register its offer with the Commodities Future Trading Commission (CFTC). Consumers may call the CFTC at (202) 418-5000 or visit their website at www.cftc.gov.
We know of no other matter or practice relating to this company that may assist you in your consideration of this company.
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