Discussion in 'Coin Chat' started by Southernman189, Sep 22, 2021.
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Then again, considering all the other stuff I’ve forgotten, you never know.
I once found a VG 1875-S 20-cent piece I didn’t know I owned, in some boxes of stuff. So yeah, it happens.
yeah that's an "oops"
But a GOOD oops, for a change!
Disorganization brings its share of bad oopses. Ever sold a coin, only to discover it missing, and had to refund the customer? Alas, I have, on more occasions than I care to admit.
But on the flipside, there’s those happy “Eureka!” moments when you discover forgotten treasures in your own stuff. Sorta like cherrypicking yourself.
I don't sell much. I sold 3 St Gaudens because I read in a coin Mag that the MAJORITY of unslabbed St Gaudens were fake. I got very nervous and sold them for $1.00 over my buying price 5 years prior
recent topics to the top right. got my mug shot on it 1939 Jefferson nickel
Can’t see that. Mobile phone. I get the stripped-down version without the recent topics list when I’m viewing CT on my phone.
I’ll look when I get back in the office.
A few years back, I briefly worked for a collectibles dealer who desperately needed someone to create eBay listings for them. Had a literal barn FULL of totes and boxes filled with NIB toys, games, collectibles, etc. Just didn't have time to do all the listings online, so he asked me to come work for him.
On my first day, after seeing just how much STUFF this guy had...my first comment to him was, "I think the single most important thing we'll need to do is keep really good track of what I've actually listed and where it's stored."
It was kind of like the storage warehouse where they stashed the Lost Ark at the end of the movie, you know?
I started working and did a couple hundred listings a day. He'd bring me a few totes and boxes, I'd list everything, and when I asked where he'd like me to put the completed (listed) boxes, he told me that he didn't need me to label the outside of the totes, because he was going to do it later that day. Okay, I said. Don't forget!
I worked for him for only a few weeks. Listed so many items. Then, suddenly, he calls me and tells me he can't afford to pay me to list items any more, because all the sales he'd made had to be refunded because he couldn't figure out where he'd put the completed inventory.
To his credit, the next thing he said was, "And you know, I remember that being the first thing you said we needed to keep an eye on...you were right about that."
Now, I have something similar happen once or twice a year with my auctions - because anything unsold gets added back into the next auction. However, since I first try to sell the Leftovers in a few different places, sometimes if I'm distracted or in a rush I can forget to edit the auction spreadsheet after an item sells. So it's not that I've technically "lost" the item...but that I've made an inventory documentation error. When it does happen, though, I try to be as upfront with the customer as I can and take care of them as best I can.
I'm human (technically, haha) and I do make errors...I just try to keep it to one or two a year.
That's a lovely purplemonster, even if it is technically a slider.
I was robbed too once while in the Army overseas and my coins was safe at home. I was told later "nephews" stole them and sold them no proof so I let it go to keep peace.
I think if we took a pole, everyone who seriously collects coins have had them stolen, either catastrophically or minor thefts, often by relatives.
This is why the industry needs to take it seriously and end the trade in stolen coins.
Unfortunately, if that were so easily done, it would have been done long, long ago.
But yes, a crackdown on coin criminals is a good thing, in general.
It has always been easy to tighten up restrictions, but the transfermation in technology over the last 5 years makes it really easy and obtainable. There just as to be the will.
That being said, the reason why it hasn't been done and is not likely to be done, straight out, is because there are too many people making money on stolen coins up and down the entire food chain.
You can end this quickly by ending the privacy of transactions and establishing coin pedigrees. Any coin can be scanable to see who the previous ownship was, and recording it. The industry and the auction houses just have to be dedicated to do it.
For those who are not familiar with this series, this is called "a satirical Bryan Dollar." It makes fun of William Jennings Bryan's campaign promise to coin unlimited amounts of silver under the assumption that 16 parts of silver were equal in value to one part of gold. At this time a Morgan Silver dollar contained 53 cents worth of silver. Therefore "we trust Bryan for the other 47 cents."
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