Some got bounced checks for selling treasures --- Roadshow collector apologizes, offers to pay bank fees

Hello

I got burn on a personal check. It was not very much.
Cash only for me. Getting burn once is one time too
much.

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FROM:
http://jacksonsun.com/article/200902...40317/1002/rss

Some got bounced checks for selling treasures

Roadshow collector apologizes, offers to pay bank fees

By NED B. HUNTER

February 4, 2009

Mike McCullar thought it was a good idea to sell
some antique silver dollars for cash last month.
He took them to the Treasure Hunters Roadshow
when it came through Jackson.

But a check he received for the items failed to
clear after being deposited. Now he's worried
about getting the $731 he was paid for the
coins and a bayonet.

"When we got our mail," McCullar said, "it
showed where the check had insufficient funds."

Jeff Parsons, president of International Collectors
Association, said McCullar's check was one of 36
from the Treasure Hunters Roadshow that failed to
clear after being deposited.

Parsons uses the Roadshow to buy rare coins, toys,
dolls, trains and other antiques for about 6,000
collectors worldwide. He said his company issued
2,100 checks in the Jackson market totaling more
than $250,000 during the January show that was
held at the Holiday Inn. He called the failure of
those checks to clear an "embarrassment.

"It did happen," he said, "and we apologize to
those folks, and hope they come and see us next
year."

Parsons said the checks failed to clear after
his bank put a hold on a check deposited into
his company's account. He said that check has
now been cleared and those people with checks
from the January show that did not clear their
banks the first time should redeposit them.

"It is a matter of them sending it back through
the account," Parsons said. "The money is there
now to cover the checks."

Parsons said his company will pay any bank
charges incurred by customers because of the
checks. He said anyone with any questions should
call his company at (217) 636-7900.

"Anyone in the office can help," he said, "and we
would like to thank everyone for the great turn
out."

The Treasure Hunters Roadshow is scheduled to
return to Jackson Jan. 19-23 next year, Parsons
said.

As of Tuesday, no complaints had been filed
against the company or Parsons with the state
Department of Commerce and Insurance's Division
of Consumer Affairs, said Shannon Ashford, public
information officer with the division.

A member of the Jackson Police Department's
Financial Crimes Division could not be reached
Monday to see if complaints had been filed with
the department.

McCullar said he redeposited his check Monday
and is anxiously waiting until next week to
hear the results.

"I sold them (coins), because I am the executor
of my uncle's estate," he said, "and that money
will be distributed to the heirs."

Visit jacksonsun.com and share your thoughts.

- Ned Hunter, 425-9641


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