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<p>[QUOTE="Lehigh96, post: 710568, member: 15309"]How about this for scary. A few years ago, I consigned about $10,000 in coins to a well known dealer. I was instructed to send the coins express mail and then he would draft the consignment agreement which I would sign before the start of the auction. Nothing out of the ordinary at this point.</p><p><br /></p><p>A few days after mailing my coins, I was cruising the NGC forum and found a thread exclaiming that the dealer I just sent my coins to was retiring, selling his business, and leaving the country.<img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie9" alt=":eek:" unselectable="on" unselectable="on" /> I thought they were kidding around until I went to Heritage and found much of their inventory consigned to the upcoming signature sale. Included in the Heritage sale were some of my coins.<img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie9" alt=":eek:" unselectable="on" unselectable="on" /><img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie9" alt=":eek:" unselectable="on" unselectable="on" /> At this point, it dawned on me that I did not have a signed consignment agreement that listed all the coins I sent. PANIC!</p><p><br /></p><p>In the end, all of my coins were returned with the exception of the coins in the Heritage sale for which I was sent a check. Do I worry about a dealer stealing my coins? Unfortunately, yes I do.[/QUOTE]</p><p><br /></p>
[QUOTE="Lehigh96, post: 710568, member: 15309"]How about this for scary. A few years ago, I consigned about $10,000 in coins to a well known dealer. I was instructed to send the coins express mail and then he would draft the consignment agreement which I would sign before the start of the auction. Nothing out of the ordinary at this point. A few days after mailing my coins, I was cruising the NGC forum and found a thread exclaiming that the dealer I just sent my coins to was retiring, selling his business, and leaving the country.:eek: I thought they were kidding around until I went to Heritage and found much of their inventory consigned to the upcoming signature sale. Included in the Heritage sale were some of my coins.:eek::eek: At this point, it dawned on me that I did not have a signed consignment agreement that listed all the coins I sent. PANIC! In the end, all of my coins were returned with the exception of the coins in the Heritage sale for which I was sent a check. Do I worry about a dealer stealing my coins? Unfortunately, yes I do.[/QUOTE]
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