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<p>[QUOTE="The Penny Lady®, post: 847495, member: 16948"]I have a story about a deal between me and another dealer. This dealer that I know personally had a proof Indian cent for sale on the internet with a decent photo. The coin had a tiny ding on the cheek but had very pretty toning and otherwise was a beautiful spot-free coin, so I made an offer. We went back and forth a little and finally settled on a price. </p><p><br /></p><p>As soon as I received the coin, I tossed it in my box because I was packing to leave for a show and I knew I would just give it to Todd to photograph since he was taking onsite photographs at the show. A few days later, Todd sent me the photograph, which was as usual very good quality and enlarged and he mentioned that the proof had a neat strike-thru on the cheek. I was quite surprised since I thought it was a ding, but sure enough, it was actually a strike-thru from a piece of thread. This is pretty unusual for a proof, and even though I thought it was very interesting and liked it, I wasn't sure whether it would add or detract value. </p><p><br /></p><p>I went ahead and posted it on my website for sale noting the very interesting "error" and added a premium to see if it would get any attention (I could always lower the price if it didn't sell!). Within a day, the dealer I purchased it from sent me a message berating me for taking advantage of him, how dare I list the coin for that much more than I bought it for, stating that I knew the proof had a strike-thru and was worth a premium, yet I had the guts to still "dicker" with him for a better price, I was a unethical, etc.</p><p><br /></p><p>Boy, was I shocked and taken aback by his sharp message. I responded honestly, telling him I didn't even see that the coin had a strike-thru until after Todd photographed it and pointed it out to me, that I didn't even know whether it was worth a premium because most people who collect proofs prefer pristine examples. But I also told him, no matter whether it was worth a premium or not, if he made money and was happy with the deal, what did it really matter to him how much I sell the coin for. </p><p><br /></p><p>After a few more back and forth messages, and ultimately my phone call to him, he finally believed me, and then began apologizing profusely over and over for his "jumping to conclusions" without asking me first. The sad part is that, even though we are still friends, the experience has caused me to think twice before doing another deal with this dealer (mostly because his being a little "hotheaded" might have just as easily caused him to take his dissatisfaction publicly or directly to the message boards which could have harmed my reputation, so I am hesitant to enter into any other transactions with him since my reputation means a great deal to me).</p><p><br /></p><p>In any event, I have no problem if a dealer or collector "picks me off." As a matter of fact, I have several collectors and dealers who stop by my table looking for specific varieties on my Indian cents, repunched dates, dates in the denticles, etc., and I have no problem with this. I don't always take the time to look carefully and closely at each coin I purchase (especially circulated coins) and sometimes the varieties don't really add that much value. So if I make a little on the coin and am comfortable with the price, I'm happy. And often, I get educated because my customers and dealers usually tell me what they find (yes, of course it's AFTER I've given them my price!) but it honestly does not bother me because I received what I wanted, and they are even happier with their purchase and often return to look for more varieties. </p><p><br /></p><p>By the way, I posted that proof on the message boards to solicit opinions as to whether the strike-thru added or lowered the value, and many felt that the strike-thru detracted from the proof, and made it worth even less. However, I did end up selling it to a customer who loves errors like this, and was thrilled to see it on the proof - he said "it turned him on"!! So, to each their own. :smile[/QUOTE]</p><p><br /></p>
[QUOTE="The Penny Lady®, post: 847495, member: 16948"]I have a story about a deal between me and another dealer. This dealer that I know personally had a proof Indian cent for sale on the internet with a decent photo. The coin had a tiny ding on the cheek but had very pretty toning and otherwise was a beautiful spot-free coin, so I made an offer. We went back and forth a little and finally settled on a price. As soon as I received the coin, I tossed it in my box because I was packing to leave for a show and I knew I would just give it to Todd to photograph since he was taking onsite photographs at the show. A few days later, Todd sent me the photograph, which was as usual very good quality and enlarged and he mentioned that the proof had a neat strike-thru on the cheek. I was quite surprised since I thought it was a ding, but sure enough, it was actually a strike-thru from a piece of thread. This is pretty unusual for a proof, and even though I thought it was very interesting and liked it, I wasn't sure whether it would add or detract value. I went ahead and posted it on my website for sale noting the very interesting "error" and added a premium to see if it would get any attention (I could always lower the price if it didn't sell!). Within a day, the dealer I purchased it from sent me a message berating me for taking advantage of him, how dare I list the coin for that much more than I bought it for, stating that I knew the proof had a strike-thru and was worth a premium, yet I had the guts to still "dicker" with him for a better price, I was a unethical, etc. Boy, was I shocked and taken aback by his sharp message. I responded honestly, telling him I didn't even see that the coin had a strike-thru until after Todd photographed it and pointed it out to me, that I didn't even know whether it was worth a premium because most people who collect proofs prefer pristine examples. But I also told him, no matter whether it was worth a premium or not, if he made money and was happy with the deal, what did it really matter to him how much I sell the coin for. After a few more back and forth messages, and ultimately my phone call to him, he finally believed me, and then began apologizing profusely over and over for his "jumping to conclusions" without asking me first. The sad part is that, even though we are still friends, the experience has caused me to think twice before doing another deal with this dealer (mostly because his being a little "hotheaded" might have just as easily caused him to take his dissatisfaction publicly or directly to the message boards which could have harmed my reputation, so I am hesitant to enter into any other transactions with him since my reputation means a great deal to me). In any event, I have no problem if a dealer or collector "picks me off." As a matter of fact, I have several collectors and dealers who stop by my table looking for specific varieties on my Indian cents, repunched dates, dates in the denticles, etc., and I have no problem with this. I don't always take the time to look carefully and closely at each coin I purchase (especially circulated coins) and sometimes the varieties don't really add that much value. So if I make a little on the coin and am comfortable with the price, I'm happy. And often, I get educated because my customers and dealers usually tell me what they find (yes, of course it's AFTER I've given them my price!) but it honestly does not bother me because I received what I wanted, and they are even happier with their purchase and often return to look for more varieties. By the way, I posted that proof on the message boards to solicit opinions as to whether the strike-thru added or lowered the value, and many felt that the strike-thru detracted from the proof, and made it worth even less. However, I did end up selling it to a customer who loves errors like this, and was thrilled to see it on the proof - he said "it turned him on"!! So, to each their own. :smile[/QUOTE]
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