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<p>[QUOTE="hontonai, post: 282574, member: 4703"]Well, it turned out to be a scamming seller, a stupid buyer, and a sympathetic judge who went the extra mile by hiring her own expert witness.</p><p><br /></p><p>Seller's "guaranteed return" only covered the date, denomination and mint - no mention of grade.</p><p><br /></p><p>Buyer "bought with confidence" because of the guaranteed return!</p><p><br /></p><p>The slab's label was never shown, and the name of the TPG that put an MS65 on a coin that was a 62-63 slider, was never revealed. I don't think it was an SGS slab for two reasons: (1) The coin wasn't certified as MS70, and (2) although the slab looked like it might be a Coin World thingie, there didn't appear to be a gold label.</p><p><br /></p><p>In the real world of government-operated courts, it would have been up to the plaintiff to provide his own expert, and the court wouldn't have bailed him out by furnishing one at no cost.</p><p><br /></p><p>According to the expert, a former ANA President whose name I didn't catch, the grey sheet listed MS61 at $875 and MS65 at $26,000, for a 1915 Philly St. Gaudens $20 gold piece.</p><p><br /></p><p>El Stupido (the buyer) paid $2,600. Unfortunately for him, the Small Claims limit in his state of residence is only $2,000, so his education in how to avoid getting scammed was still costly, since he had to give back the whole coin in order to get back part of his money.[/QUOTE]</p><p><br /></p>
[QUOTE="hontonai, post: 282574, member: 4703"]Well, it turned out to be a scamming seller, a stupid buyer, and a sympathetic judge who went the extra mile by hiring her own expert witness. Seller's "guaranteed return" only covered the date, denomination and mint - no mention of grade. Buyer "bought with confidence" because of the guaranteed return! The slab's label was never shown, and the name of the TPG that put an MS65 on a coin that was a 62-63 slider, was never revealed. I don't think it was an SGS slab for two reasons: (1) The coin wasn't certified as MS70, and (2) although the slab looked like it might be a Coin World thingie, there didn't appear to be a gold label. In the real world of government-operated courts, it would have been up to the plaintiff to provide his own expert, and the court wouldn't have bailed him out by furnishing one at no cost. According to the expert, a former ANA President whose name I didn't catch, the grey sheet listed MS61 at $875 and MS65 at $26,000, for a 1915 Philly St. Gaudens $20 gold piece. El Stupido (the buyer) paid $2,600. Unfortunately for him, the Small Claims limit in his state of residence is only $2,000, so his education in how to avoid getting scammed was still costly, since he had to give back the whole coin in order to get back part of his money.[/QUOTE]
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