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<p>[QUOTE="usmc60, post: 2549801, member: 76739"]There are some reputable dealers out there with very good reputations. Maybe that's why they been in business for over 40 years. And some of the fakes out there are very good and even professionals have hard times distinguishing them sometimes. But there also some con artist out there that are very good at what they do. One thing I have not heard in in a while, is what they call the switch. You are a dealer and I buy a gold coin from you. And I know you have a reputable reputation. I bring this gold coin back to you. I tell you I've had it checked out and it is a fake. What this individual did, was replaced the gold coin he bought from you with a fake. Now he's back trying to give the dealer back the gold coin. Which is a fake not the one he actually sold the man.And unfortunately that reputable dealer is stuck between a rock and a hard place. One thing the dealer has no proof the coin was genuine when he sold it to you. So according to some he has to replace that coin or give you your money back. The con man makes off with the original goal coin and a refund for the fake one.On occasion when I get short and need money. I may put some of my coins up for sale. This only happened to me once. Sold this individual a homestead 004. Two days later I get an email that he wants to return the coin because it's not what I said it was. What this individual did was send me back a regular homestead quarter instead of the one that I actually sent him. He had proof that he'd sent me back a quarter. He received his money back plus original 004. So I was out one $15 coin or better. Because basically I had no proof of the coin that I sent him.Like I said that only happened once.Now I take precautions to make sure that it doesn't happen again. There is a certain way to mark coins without damaging the coin. This should only be done to circulated coins are coins that you know that have damage. Basically I can pull one of my coins out of a pile of coins. As you will see in the photos.<img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie50" alt=":happy:" unselectable="on" unselectable="on" /><img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie24" alt=":blackalien:" unselectable="on" unselectable="on" /> [ATTACH=full]547766[/ATTACH] [ATTACH=full]547767[/ATTACH] [ATTACH=full]547768[/ATTACH][/QUOTE]</p><p><br /></p>
[QUOTE="usmc60, post: 2549801, member: 76739"]There are some reputable dealers out there with very good reputations. Maybe that's why they been in business for over 40 years. And some of the fakes out there are very good and even professionals have hard times distinguishing them sometimes. But there also some con artist out there that are very good at what they do. One thing I have not heard in in a while, is what they call the switch. You are a dealer and I buy a gold coin from you. And I know you have a reputable reputation. I bring this gold coin back to you. I tell you I've had it checked out and it is a fake. What this individual did, was replaced the gold coin he bought from you with a fake. Now he's back trying to give the dealer back the gold coin. Which is a fake not the one he actually sold the man.And unfortunately that reputable dealer is stuck between a rock and a hard place. One thing the dealer has no proof the coin was genuine when he sold it to you. So according to some he has to replace that coin or give you your money back. The con man makes off with the original goal coin and a refund for the fake one.On occasion when I get short and need money. I may put some of my coins up for sale. This only happened to me once. Sold this individual a homestead 004. Two days later I get an email that he wants to return the coin because it's not what I said it was. What this individual did was send me back a regular homestead quarter instead of the one that I actually sent him. He had proof that he'd sent me back a quarter. He received his money back plus original 004. So I was out one $15 coin or better. Because basically I had no proof of the coin that I sent him.Like I said that only happened once.Now I take precautions to make sure that it doesn't happen again. There is a certain way to mark coins without damaging the coin. This should only be done to circulated coins are coins that you know that have damage. Basically I can pull one of my coins out of a pile of coins. As you will see in the photos.:happy::blackalien: [ATTACH=full]547766[/ATTACH] [ATTACH=full]547767[/ATTACH] [ATTACH=full]547768[/ATTACH][/QUOTE]
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