Is it legal?

Yes! I agreeeeeee!!!! It's a legal question and most of the replies have to do with morals...why? People are craaazy hahaa.

It's really annoying tho bc I wanted an answer, a fact, legal fact. Not opinion or ethical responsibility or anything to do with morals....just a LEGAL question... and what do I get in return, more than half of the responses are based on opinion and morals. that's fine but not what I posted for...I thank everyone who actually replied to my post minus opinion of ethical responsibility and morals. Everyone who included ethical responsibility and morals, thanks but my question wasn't aimed at that kind of topic.


I am a big fan of ethical responsibility and morals, just not in this legal post.

 

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Based on the information you have provided - friend keeps the money - end of story.

NOW - if you produce one single piece of information that changes any of information you have provided so far, then all bets are off.

There is not enough information to provide legal advice besides there is no one on this board who is an attorney, as far as I know.

You can say what you like on message boards and you have. I am going on a limb to further say, that I don't believe that in your conversation(s) that you never asked what kind of coin he found or that he didn't tell you. You just might be that odd ball out. That one part of your story hangs me up, I have a hard time getting any farther past that fact.

Obviously your friend had some kind of indication of value of the coin before he went to that dealer's shop.

I can't visualize the conversations you had to get the information you got, without the specific coin denomination coming into the conversation. ??? But hey! weirder, things happen all the time.

 

Are you an internet kid? remember this about computers.. garbage in , garbage out.. You do not get good answers with out good questions

Pushing a button does not automatically give you an answer. Trying to get to homeplate with out running around the bases will get you tagged out.

live and learn grasshopper

 

In this case, I believe with just common knowledge as my support that my coworker does not have any legal obligation to refund the money to the store. I can't say for sure that he has no legal obligation bc I do not know the laws regarding this which brings us back to why I posted, so I can find out the laws/legal obligation =]

 

I do not know what an internet kid is but I'm going to say no, I am not an internet kid.

 

You know, to be fair. You should know this since you were told the coin came out of circulation - (pocket change) cent, nickel, dime, quarter - there is only one coin that appears with enough doubling to be of the amount that dealer paid your friend noticeable and that is the 1955 cent. (notice, how I am using shorter words to describe the players?) The other coins that would have prices paid that you have stated would not be noticed by anyone who wasn't looking for them under magnification. There are several other points that others can add here. I'm done.

 

An internet kid is one who from the time they were in the first grade have had a computer in their house with a modem.

 

How do you/we know that your friend doesn't have a pocket full of counterfeits and runs around seeing who he can get to buy them?

 

I did ask what coin it was, I just don't remember bc he only refered to it as "the coin" and that I posted earlier that I think it might be a double stamped nickle or smthg, I'm really not sure. YOU MUST remember that I am not into coins at all, I have no education on coins so I DGAF what kind of coin it was, to me a coin is a coin.

 

Unfortunately this is a forum for coin collectors and such. I would recommend you or your friend get in touch with a lawyer if you need to know the laws of your area.

 

You may not know but I do. He doesn't bc he doesn't know anything about coins. He said that the coin was cool to him and wanted to see if it was worth anything, he's not a crook trying to commit fraud.

 

Well I thought coin collectors and such would have some prior knowlege of coin law..or laws about selling coins or just coins in general or whatever.

or could post a link to some site that shows the laws. This is in WASHINGTON STATE btw.

 

Then no, I am not an interenet kid. I grew up knowing how to use computers but we didn't get a computer in my family until like I was in like 5th grade.

 

I don't really care about any of that, I just would like an answer to the question I posted.

 

LOL last post.

Okay fair enough. But there are not any Doubled Die nickels ( or any other modern coin) that are obviously doubled enough for a non-coin collecting person to notice. and even then, they aren't worth that much unless they are mint state which means uncirculated which means it was not found in pocket change. See where I am coming from?

This is where it gets confusing, when you combine my above post with your quote here. How did he know to take this coin to a shop to have it appraised? this is where the story falls apart. But fair enough. Some how he got the coin to the shop. The end still remains the same . A deal is a deal, the onus was on the expert he took the coin too. It is your friends money for that coin - end of the story.

This doesn't apply so much to coins as it does to every business that buys from the public. Now like I said, I repeat, if your friend has been running around trying to run around selling counterfeits then its a different story. As long as your friend didn't make any representation about the coin - he is free and clear. NOW - how did he know that coin had enough value to take it to a shop to have it valued? Thats where this story falls short and the outcome can/could be different.

5th grade qualifies. It's not a bad thing, it's just the way it is. Don't worry about, it's a generational thing. I have a lot of experience with getting asked one liner questions only to get burned later when not all the information was provided to give an intelligent an accurate answer.

If you want to see an extreme example of what I am talking about,.... I just asked a question of the board here. .... In order to get good solid answers, I provided all the information I could think of to help with eliciting a good intelligent opinion. Protocols are that with good information you should get good opinions with supporting back up information.

take a look on the right side of this forum for a thread titled "Thoughts on this Lincoln 26-S..."

 

you see, thats another example of trying to get to homeplate with out touching the bases.

you should care, I am trying to help give you good supporting back ground information on why your friends story does not add up. therefore with out the details/information of the entire story you will not get a good answer.

 

yes I do see where you are coming from.

okay so I am going to squash all of this by asking my coworker why he took the coin to the store to see if it was worth anything and then post his answer so that no one will be confused.


So now to address your eloquently , sublte and again, really annoying statement at the bottom regarding being an internet kid. No offense, but I really( and I mean I dgaf) do not care about your opinion on how I asked my question or answered your questions.

 

Really, are you serious right now?! Why should I care? I never asked for your help or whatever...I dont need it.It's just YOUR OPINION that my coworkers story doesnt add up. Which is fine but I dont care about your opinion. I think my coworkers story adds up, that's all that matter to me.

Minus what kind of coin it is and why he went to get its apraised...I will fix that by asking him.

I gave you all the info I had and I thank you for your good intentions but the road to hell is paved with good intentions..just sayin...and thanks for your imput but I'm sticking with how I do things. mmmk!

 

best of luck in finding what ye seek grasshopper.

 

The only non-bullion coin I can think of that might...

1. Appear unusual to a non-collector,
2. Could reasonably pass as a "circulating coin",
2. Has known counterfeits, AND
3. Fits into that price range

...is a high grade 1955 DDO (not the poor man's variety).

Any other ideas?

EDIT: Ooops...I was catching up and didn't see that the CT illuminati already posted this.