American Philatelic Society APS, APRL Corrupt, Tax Evading, Avoid This Company! Bellefonte, Pennsylvania

14th of Oct, 2011 by User994117

I was hesitant to file this report until I read the American Philatelic Society response to the party who filed the original complaint against them. American Philatelic Society is making it look like they are squeaky clean. Far from it, this organization that I was a member of for forty years and one of their referred appraisers and buyer is guilty of deception, fraud, intimidation to sellers and tax evasion among just a few nasties to mention. One of their past Presidents was involved in a major scandal and resigned over the pilfering of a famous Canal Zone stamp collection. In the previous complaint the lady in question complains of being offered only 25% of what a non member offered her. I never paid more that 10% of true cash value and in a forty year span purchased two million dollars in stamp collections from unsuspecting sellers generating twenty million dollars in sales. Of this amount I returned in the form of cash two million dollars to "certain American Philatelic Society officers" These funds were delivered four times a year in a sealed envelope and it is dubious any taxes were ever paid. It's time the public found out just how corrupt this organization really is/was. I am no longer active and perhaps the current administration has changed their ways. I doubt it as Tammany Hall never changes any more that the Congress members. The "estate advisor" refers a caller who wants to sell his/her inherited collection to an APS member-dealer in an area close to the seller. In the complaint recently filed against APS the two dealers who low balled the lady are members of American Philatelic Society. While it is true APS does not directly purchase stamp collections I was one of the appraiser-buyers that the so called estate advisor referred as described above. For those "lucky readers" who are now forewarned make sure you contact a non American Philatelic Society dealer and if you are a die in the woods member who does not believe me at least get one outside offer or contact a good auction house. And, for those who were stupid enough to paste death sticker contact information, do yourself a big favor and remove the labels.

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