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Dealers saying coin is better than grade on slab
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<p>[QUOTE="calcol, post: 4534835, member: 77639"]I hear and see this all the time and find it irritating. If it's better, why don't you send it in for a regrade or at least to CAC? As a dealer, you can probably can get it regraded more cheaply and more quickly than I can. And yeah, I think you're a better grader than the grading services ... right.</p><p><br /></p><p>Such advertising statements fall in the realm of puffery and aren't illegal. But I think less of dealers who do it. Maybe they know what they're doing, and maybe it works to maximize their income. But hearing this when considering a coin, increases the chance I'll say, "I'll think about it" ... and unsaid, "but not for long." </p><p><br /></p><p>I'm not completely intolerant of puffery; it's a natural part of retail business. I don't mind dealers saying a coin is solid or high end for the grade unless it's blatantly false. But saying a slabbed coin they're selling is under-graded by the TPG ... even though it might be true ... makes me want to walk away. [ATTACH=full]1122855[/ATTACH] </p><p><br /></p><p>Cal[/QUOTE]</p><p><br /></p>
[QUOTE="calcol, post: 4534835, member: 77639"]I hear and see this all the time and find it irritating. If it's better, why don't you send it in for a regrade or at least to CAC? As a dealer, you can probably can get it regraded more cheaply and more quickly than I can. And yeah, I think you're a better grader than the grading services ... right. Such advertising statements fall in the realm of puffery and aren't illegal. But I think less of dealers who do it. Maybe they know what they're doing, and maybe it works to maximize their income. But hearing this when considering a coin, increases the chance I'll say, "I'll think about it" ... and unsaid, "but not for long." I'm not completely intolerant of puffery; it's a natural part of retail business. I don't mind dealers saying a coin is solid or high end for the grade unless it's blatantly false. But saying a slabbed coin they're selling is under-graded by the TPG ... even though it might be true ... makes me want to walk away. [ATTACH=full]1122855[/ATTACH] Cal[/QUOTE]
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