I was drinking some beers and watching People's Court on youtube last night (yes I know you should be jealous of my life) and couldn't believe it when the following episode came on: http://www.youtube.com/watch?v=o47U9tol4ws&list=PL0236AE3A3C923E5C I won't spoil it but let's say the two keywords are "George Washington" and "Chlorox". In my opinion, the judge did a good job of getting down to the nitty gritty of the case, considering she was (presumably) clueless about coins in the first place. Enjoy!
I'm surprised nobody would have gotten that slabbed. And the dealer didn't know what PCGS stands for. "Uh, Pacific Coast, uhh..."
Well I figured it probably had been discussed before but hopefully people that haven't read that thread can still get some enjoyment out of it.
I think the judge knew more about coins than either the plaintiff or the defendant by the end of that trial.
She waits 4 years to file suit? Really? Heritage is close friends of the defendant? I think they're close friends with all their members. At least she's using a Red Book! PCGS is now Pacific Coast Grading Service? Since when? Buyer's remorse!
Oh yeah - rubbing her grimy little paws all over the coin in the one scene? Probably knows all the hills and valleys on that coin and left some of her DNA on it.
Yeah - but you could probably now market on ebay with a premium as this coin as seen on Peoples court.
Nobody knew what they were talking about. I think the newbie plaintiff was dumb for even making a purchase of that magnitude without doing her homework first. You shouldn't buy a high grade draped bust dollar unslabbed anyways.
Nice find! If she had paperwork from NGC or PCGS and a bodybag that said altered color, maybe she would have got her money back, but I doubt it. When you buy a coin that old raw, you better know what youre doing. Now if she bought it on ebay, she could have returned it for any reason, but not after a few years.
That particular dealer is a poor representative of coin dealers - rather stereotypical of what can often be found at coin shows in masse. But the buyer was a ditz herself.
The dealer appears to be a slime ball, he should have known the coin was altered and he over charged for it. I also like the evidence the plaintiff provided, although the judge didn’t. Maybe that’s the deal they cut for the dealer to appear on the show (i.e. a deal that would not trash his reputation), since both parties are made whole when they appear on this show.
Really!!! This hobby is rampant with thieves and they’re the ones proclaiming, “I’m not a thief” – kinda reminds me of Nixon.
I'm pretty sure both parties are not made whole. They each get a nominal fee, I think around $75, and then the verdict is also binding.
the parties (as is in the show's disclaimer) pay the judgment from a fund (far more than $75) and split the remaining monies between them as an appearance fee.
I hadn't read the earlier discussion, and I certainly wasn't searching for the Peoples' Court on CoinTalk, so thanks for posting the video! :thumb: