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<p>[QUOTE="BooksB4Coins, post: 2549106, member: 36230"]This is the one exception and, perhaps, something I should've touched on in previous posts. Laws aside, any, and I do mean any, dealer worth one's time should have an absolute lifetime return policy on any coin discovered to be counterfeit. Not simply claimed to be so, but proven to be fake.</p><p><br /></p><p>That said, you hit on one of the unfortunate problems with such a policy, and that is if the coin is, in fact, the same one originally sold. This may be less of an issue soon after the sale, but that's not always going to be the case with a lifetime guarantee. In such case it's up to the dealer how he wishes to handle it, and unless he's absolutely certain, beyond even the slightest doubt, the coin is the one originally sold, it may be easier to simply eat the return in the name of good business, especially if a solid customer.</p><p><br /></p><p>Today's world of easy digital imaging is different than in years past as most dealers can, if they so choose, allow themselves to have a photo record of all sales, or at least those above a certain dollar amount. This can alleviate the problem of switching and lying buyers, but is, of course, a lot of work for something that shouldn't be too great of a concern for a competent dealer.[/QUOTE]</p><p><br /></p>
[QUOTE="BooksB4Coins, post: 2549106, member: 36230"]This is the one exception and, perhaps, something I should've touched on in previous posts. Laws aside, any, and I do mean any, dealer worth one's time should have an absolute lifetime return policy on any coin discovered to be counterfeit. Not simply claimed to be so, but proven to be fake. That said, you hit on one of the unfortunate problems with such a policy, and that is if the coin is, in fact, the same one originally sold. This may be less of an issue soon after the sale, but that's not always going to be the case with a lifetime guarantee. In such case it's up to the dealer how he wishes to handle it, and unless he's absolutely certain, beyond even the slightest doubt, the coin is the one originally sold, it may be easier to simply eat the return in the name of good business, especially if a solid customer. Today's world of easy digital imaging is different than in years past as most dealers can, if they so choose, allow themselves to have a photo record of all sales, or at least those above a certain dollar amount. This can alleviate the problem of switching and lying buyers, but is, of course, a lot of work for something that shouldn't be too great of a concern for a competent dealer.[/QUOTE]
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