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<p>[QUOTE="GDJMSP, post: 86403, member: 112"]No reason to do that - I found this a very enjoyable thread. Your opinion is just as important and as meaningful as anyone else's. And I am not offened by your comments in any way shape or form.</p><p><br /></p><p>And I agree, you can buy back coins for their purchase price and not be adversely financially affected - assuming you do so in the present time. But let's think for a minute here - say you sell a coin for $1000 today. Three years from now the coin market goes in the toilet and the market value for that very same coin is now $300. The owner of the coin, seeing this, decides he wants his money back so he can recoup his paper losses. And with your lifetime buyback guarantee for purchase price - he can do so. So he returns the coin for his $1000. The very next day he goes out and purchases 3 of those same coins in the same grade for the $1000 you gave him back - and still has a bit of money left over.</p><p><br /></p><p>This is the scenario that I fear such a guarantee would engender. And whether we like it or not - the coin market is cyclical, eventually it will drop substantially. This would be your ruin.[/QUOTE]</p><p><br /></p>
[QUOTE="GDJMSP, post: 86403, member: 112"]No reason to do that - I found this a very enjoyable thread. Your opinion is just as important and as meaningful as anyone else's. And I am not offened by your comments in any way shape or form. And I agree, you can buy back coins for their purchase price and not be adversely financially affected - assuming you do so in the present time. But let's think for a minute here - say you sell a coin for $1000 today. Three years from now the coin market goes in the toilet and the market value for that very same coin is now $300. The owner of the coin, seeing this, decides he wants his money back so he can recoup his paper losses. And with your lifetime buyback guarantee for purchase price - he can do so. So he returns the coin for his $1000. The very next day he goes out and purchases 3 of those same coins in the same grade for the $1000 you gave him back - and still has a bit of money left over. This is the scenario that I fear such a guarantee would engender. And whether we like it or not - the coin market is cyclical, eventually it will drop substantially. This would be your ruin.[/QUOTE]
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