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<p>[QUOTE="Gam3rBlake, post: 7782281, member: 115909"]I didn’t say buying raw coins from auctions was dangerous or about luck.</p><p><br /></p><p>But getting them to refund your money if you buy a fake from them certainly is all about luck.</p><p><br /></p><p>Good luck sending them an email saying:</p><p>“I shared this on the CT forums and people there say it’s fake. I want my money back.”</p><p><br /></p><p>I guarantee they would not just be like:</p><p><br /></p><p>“Oh ok no problem here is your money back!”</p><p><br /></p><p>No. They’d want evidence & proof and their experts might disagree with other experts and in the end all that matters is if the experts on their end say it’s real or not.</p><p><br /></p><p>Basically it comes down to whether the auction house wants to refund you or not. But you’re certainly not entitled to it. It’s at their discretion alone.</p><p><br /></p><p>That is luck.</p><p><br /></p><p>I’ve seen it happen with non-numismatic stuff.</p><p><br /></p><p>Here is a perfect example:</p><p>[ATTACH=full]1335321[/ATTACH]</p><p><br /></p><p>A customer takes it to an expert. The expert says it’s “not genuine”. The auction house says “we think it is” and guess what? They don’t give you your money back.</p><p><br /></p><p>I think a lot of people seem to have this false belief that just because an auction house has guarantees that it means it’s safe to buy from.</p><p><br /></p><p>It doesn’t.They get to decide how to interpret those guarantees.</p><p><br /></p><p>That’s why I like slabs. Because it’s not just taking the auction house’s word. It’s taking the word of independent outside experts. If TPGs and the auction house say something is genuine it’s much safer because the TPGs don’t have a conflict of interest like an auction house does.[/QUOTE]</p><p><br /></p>
[QUOTE="Gam3rBlake, post: 7782281, member: 115909"]I didn’t say buying raw coins from auctions was dangerous or about luck. But getting them to refund your money if you buy a fake from them certainly is all about luck. Good luck sending them an email saying: “I shared this on the CT forums and people there say it’s fake. I want my money back.” I guarantee they would not just be like: “Oh ok no problem here is your money back!” No. They’d want evidence & proof and their experts might disagree with other experts and in the end all that matters is if the experts on their end say it’s real or not. Basically it comes down to whether the auction house wants to refund you or not. But you’re certainly not entitled to it. It’s at their discretion alone. That is luck. I’ve seen it happen with non-numismatic stuff. Here is a perfect example: [ATTACH=full]1335321[/ATTACH] A customer takes it to an expert. The expert says it’s “not genuine”. The auction house says “we think it is” and guess what? They don’t give you your money back. I think a lot of people seem to have this false belief that just because an auction house has guarantees that it means it’s safe to buy from. It doesn’t.They get to decide how to interpret those guarantees. That’s why I like slabs. Because it’s not just taking the auction house’s word. It’s taking the word of independent outside experts. If TPGs and the auction house say something is genuine it’s much safer because the TPGs don’t have a conflict of interest like an auction house does.[/QUOTE]
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