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<p>[QUOTE=&quot;Hobo, post: 349723, member: 11521&quot;]It seems to me that it would depend on whether you paid bullion price or numismatic price for these St. Gaudens. If you paid bullion price (or close to it) for the coins I think you bought yourself some coins. You said you had the opportunity to inspect the coins at the time of purchase so obviously the only reason you want to renege on your purchase is because gold prices have dropped since you bought the coins.</p><p>&nbsp;</p><p>Dealers work on a small markup on bullion. Most bullion sales are final for the very reason you have cited. </p><p>&nbsp;</p><p>If you paid numismatic prices for the coins (and by that I mean significantly more than melt price) the return policy may apply BUT you have already inspected the coins. What could possibly be your reason for returning the coins other than the price of gold has dropped? Technically you may have a right to return the coins but if I were the dealer I would never sell to you again.</p><p>&nbsp;</p><p>Like taurus876 said, you wouldn&#039;t like it if the dealer cancelled the transaction or raised the price had gold prices gone up. </p><p>&nbsp;</p><p>You speculated and lost. It&#039;s only been a few days since your purchase so I don&#039;t know if you should panic and sell at a loss or hold the coins and hope for a turnaround. (You might end up like a guy I met the other day that waited 28 years for his St. Gaudens to be worth what he paid for them in 1980.) </p><p>&nbsp;</p><p>Bottom line: You win some and you lose some. I think you made a deal and you should live up to it.[/QUOTE]</p><p><br /></p>

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