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<p>[QUOTE="LostDutchman, post: 1340894, member: 16994"]I dealt with a customer a few years ago who bought coins at action pretty regularly. Specifically one place here locally. He had decided to sell most of his collection because he was retiring and wanted to buy a new house. He came in several times with generic silver dollars and coins.... common silver value based stuff... as he got to his "better stuff" I quickly noticed that most of the stuff he bought was either cleaned or problem in the type coins... I explained the reasoning behind my pricing and went on. The last thing he pulled out was a bag of gold coins. There were 23 coins he had bought from the auction over time ranging from gold dollars to 20 gold pieces... most of which were still in this particular auction house's holders... I noticed right off the bat that a lot of the coins were suspicious and were most likely counterfeit... I explained to him that it would be in his best interest to have them certified before we deal on them because from what I see and as the coins were (certified)... I was going to buy them for scrap because they looked bad. He had bought these as all originals from the auction of course... NGC determined that 19 of his 23 coins were counterfeit and the other 4 all went into genuine cleaned holders... He has not happy.[/QUOTE]</p><p><br /></p>
[QUOTE="LostDutchman, post: 1340894, member: 16994"]I dealt with a customer a few years ago who bought coins at action pretty regularly. Specifically one place here locally. He had decided to sell most of his collection because he was retiring and wanted to buy a new house. He came in several times with generic silver dollars and coins.... common silver value based stuff... as he got to his "better stuff" I quickly noticed that most of the stuff he bought was either cleaned or problem in the type coins... I explained the reasoning behind my pricing and went on. The last thing he pulled out was a bag of gold coins. There were 23 coins he had bought from the auction over time ranging from gold dollars to 20 gold pieces... most of which were still in this particular auction house's holders... I noticed right off the bat that a lot of the coins were suspicious and were most likely counterfeit... I explained to him that it would be in his best interest to have them certified before we deal on them because from what I see and as the coins were (certified)... I was going to buy them for scrap because they looked bad. He had bought these as all originals from the auction of course... NGC determined that 19 of his 23 coins were counterfeit and the other 4 all went into genuine cleaned holders... He has not happy.[/QUOTE]
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