Stanford Myers Investment Group Inc

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No good I believe went out of business after covid never contacted me and kept the stamps I bought. Said they would sale them
What a joke

Well im not really into a business i just ran across these stamps and thought I'd look into them and come to find out that they were worth something so im ready to sell them.

Well I posted back in 2015 and yet three years later still nothing. These guys will take your money but will not perform.

I am back after a year an a half. Nothing has changed since my last review. In writing this review, my first one disappeared so I will quickly review. Long story short, they contacted me and wanted to know what stamps I had. They got back to me and said they had interested buyers but buying some additional stamps would make my portfolio more marketable. They would buy these additional stamps back if that did not work. This was back in the spring 2013. I attempted numerous times to get my money back and always got excuses and reasons why I should give them more time. I finally ran out of patience and wrote a one-star review.

I was told that my first review steered a buyer away from buying one of my very valuable sets and that I screwed myself. I do not know why my review would place a negative light on my stamps rather than the company itself and prevent a buy. I doubt seriously that this was the case but rather a way to try to lay the blame on me.

I Started renewed communication back in the spring in an attempt to return the stamps and to get my money back. I was told by the rep that the president said I would never get my money back. Integrity went out the window in favor of revenge. I stated that if they did not make things right, I would write another review that they would like less than the first one.

They proceeded to play the stall game and said that their main goal was to get me money. They came up with a supposed sale with a non-refundable $200 deposit to be completed in two weeks. Two weeks went by so I called to find out where the rest of the money was. At that point, they said that it was never two weeks but rather 30 days. I played along and after 30 days, nothing. My feeling is that it was just another stall tactic. I did get the $200 up front, but I think they spent their own money to string me out. This brought us to around the end of July.

Now I will give you a day by day accounting of the last communications that I had with them.
- August 1, I called and the salesman said he had no word from the president, so he would call the next day.
- Aug. 2, I waited until 1:55 PST (they close at 2:00) and I had to call. The rep hadn't been able to talk to the Pres. so would call the next day.
- Aug 3, I waited until 1:55, no call again. Same story but they were to have a meeting about my situation the next day at 10:00 and he would call me after the meeting.
- Aug. 4, no call and on Friday they leave at noon.
- Aug. 6, no call on Monday.
- Aug.7, I waited until 1:45, then called them. The rep had left the office but would call the next day.

I had heard this story too many times to believe it. I left a message that all they had to do to keep me from writing this review was to just call me before the end of Aug. No call. I think they thought I was bluffing.

I have complete sets of "Colombian Exposition" and "Trans Mississippi". They could still make a lot of commission if sold at which time I would gladly write a retraction. But they have not shown that kind of professionalism.

Be very careful dealing with this company. If you are willing to buy from them, they will gladly take your money. Do not expect they to sell anything of yours. The couple of reviews that say SM sold their stamps are the lucky ones.

They said that their company cannot afford reviews like this. If so, they should have done what they promised and these two reviews would never have been written. Instead, you would be reading a very positive one.

Looking at all the reviews I figured I would throw my two cents in. 2 years ago I purchased some aviation stamps from Stanford Myers (5 covers total) Three weeks ago 2 of the covers sold I paid a total amount of $4,200 for the two covers, they sold them for $7,500 after them taking 10% commission I profited $2,550 not bad I guess when I think about losing 8k over night in the stock market which the broker said was a great new company that was going places HA!!!

Stephen E.
I purchased 2 more stamps they told me I needed to finish my set total invested $12,000.00 it took them 5 years to sell my stamps for $41,000.00 the profit was ok but 5 years, come on guys should have been 2 years!!!

These guys a crooks they sold me a counterfiet stamp and will not give my money back, I am in the process of getting with Nevada Attorney General to press charges

Throwing in my to cents, purchased stamps that were on consignment from stanford myers investment group about a year ago. They said they were trying to sell them, but were running into "fire walls", or collectors with no funds to purchase. Glad to report they finally after almost 11 months found a collector! Bottom line, I made $3,800 profit! SMIG, sorry I bugged you so much, thanks for not giving up!

Vienna



less than a minute ago



I was contacted by Stanford Myers about six years ago, telling me that I needed to have my stamps graded so that they could be sold. I believe they wanted $600 to grade my stamps. I ended up paying $500. They gave me a grade on all the stamps and it seems to me as it was done professionally. They told me one of my stamps had been washed and reglued, making its value, much less than I had paid for the stamp. Standford Myers that he found a stamp for me and sold it to me for a reasonable price. Making my stamp collection complete with a good grade on all my stamps. I was told that they would be able to sell them after that, but nothing has happened yet. I have contacted them several times and each time I was reassured they were going to do something with my stamps. In the meantime, one of their employees called me and told me they had some Lindbergh covers that were worth quite a bit of money they could buy it for me. And they already had a buyer for them, but they could not sell them to the buyer as they were not customers of theirs. I bought the covers for $2000, but they have not sold them. About a month later they called me again with more Lindbergh's covers (3,000.00) that were stamped as mailed from somewhere in Germany to New York and and that they were worth quite a bit more than the others that I have bought. And that they had a buyer waiting for them again and they could not sell them to them because they were not customers. They have not sold, and it's been over two years now. I would just suggest to be careful about believing anything they have to say about selling them. They will grade your stamps, but I have heard that their grading does not hold much weight and you'll have to have it redone to be able to sell them. So take it for what it's worth.

Hi,

I also have been dealing with Stanford Myers Investment Group way back in 1996 when they were in New York City. Over the years it was up and down. Some years I made great money with them and some years were "dry" with nothing, but up to today I'm ahead of the game, around $81,000 in profit. Now at least I have an excuse to fly out to Vegas!

Hi, just venting -

I had some stamps that I purchased from a company called "Hampton House" back in 2003 and NO ONE ever sold any of my stamps, which they said would go fast and sell "no problem". Later on I took them to a stamp show. Everyone I talked to at the stamp show said I would have to get them "Graded", and well, to make a long story short, A gentleman selling stamps at the show gave me Stanford Myers' phone number for the grading of my stamps. They took my stamps and graded the good ones and gave my Princess Diana, Tiger woods and Dale Earnhardt back and proved to me that they were only worth $25 each! I paid 6k for the "good stamps" that SMIG said I should've only paid around 2k for. After five months, they were able to get me back $9,150; giving me a profit of $3,150! BETTER than NOTHING!! But I will say one thing, and that is that I will never buy another stamp.