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<p>[QUOTE=&quot;Collecting Nut, post: 7870782, member: 74863&quot;]This court case is not from any independent party. The owners are father and son and they bought and owned, not only the coin business but a grading company as well. Therefore the court ruled that a fraud was committed by the sale under the RICO act thereby overturning the lower court.</p><p><br /></p><p>The coins were all examined and determined by Heritage Auctions, PCGS and a third party to be over graded, damaged and not gradeable, improper grades and some to be counterfeit and over priced. Under the RICO one can claim triple damages and recovery of court costs.</p><p><br /></p><p>It was determined in this case that the value of the coins purchased was only 20.8%, a loss of 79.2%. Fair Market Value was only 26.2% of the amount paid. In other words, the sellers committed fraud by not using a grading service other than their own.</p><p><br /></p><p>Unless I missed it I saw no mention of toning. Any the buyer was not a collector by any sense of the word.[/QUOTE]</p><p><br /></p>

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