Is a "Details" or "Genuine" holdered coin "Graded" ?.

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In my opinion it has been sent in for grading, and came back graded details, cleaned, etc. Should not be able to return since you know what you are getting in your example.

 

Well then I can see how you would think all coins should be able to be returned. As an ebay seller, I do this. I just had a customer want to return a MS62 $5 gold Indian, which I find annoying, but am still accepting.

 

He should ask the seller.

In my opinion yes , it will reduce troubles later (especially after the buyer doesn't bother to read the terms of sale and whines "How was I supposed to know that a "details" coin was considered to be graded? You can point out "It's right there in the terms of sale.")

He knows he is getting a Details coin that can't be TPG graded.

 

Interesting question ToughCOINS. Me, I'd like to hope any coins could be returned. I've never returned a coin though.

 

Otherwise known as "A pig in a poke".

 

I completely agree with this...just because a coin is graded doesn't mean it is the same as all the other coins graded the same. All coins are unique and wise sellers understand that and offer a return policy on all coins. But, as Doug said...I also agree that details/genuine slabbed coins are certainly not graded. They are simply authenticated.

Now, my agreement with the above post applies only to coins not purchased in person (so coins purchased online). I believe that dealers who sell from a shop or at show do not need (and should not be expected) to take returns of any kind. The buyer had the ability to inspect the coin in hand prior to making a purchase. Raw or slabbed.

That said, dealers who do offer in person returns are very nice...but I don't think such behavior should be expected for any coin.

 

If graded coins are not returnable, one option is to not accept returns on "Genuine" holders where the issue is described on the label.
Those being (PCGS):

• Filed Rims
• Peeling Lamination
• Holed and/or Plugged
• Damage

I personally would accept returns on everything. A grade isn't a good representation of the eye appeal only seen when the slab is in hand.

 

What about bullion coins? 90% silver silver &gold eagles etc.. They could return the coins just because the market value dropped a dollar overnight. That's not fair to the seller.

 

I would base this policy on a case by case scenario. If it is a lowball Morgan the buyer knows what to expect. if it an environmental damaged early copper I'd allow a return on that.

 

Most dealers have a very different policy when it comes to bullion.

You don't want to chase away potential repeat customers...especially over a low dollar coin. Best to offer returns when a coin is bought online.

 

No not really provident metals allows you to sell the bullion back to them after you have paid but before they have shipped. If you could name some dealers that allow you to return bullion because the price dropped significantly please do so.

I suppose you are right on this one. I'd honor a return on any item within 2 weeks but as for bullion I would accept buy backs. That's how I have been doing it and have not had any issues so far.

 

I think you missed my point...return policies on coins typically don't apply to bullion. Dealers who accept returns on coins, normally have very different policies on bullion (meaning, they normally don't allow returns).

 

Ah, alright then. you should have said that in the first place. Your first statement was too general and led me to believe that some sellers do allow returns on bullion. Sorry for the mix up.

P.S I know you're a dentist. Do people actually get Gold teeth? or is it just a myth?

 

I knew a guy in the 1980s that had a gold front tooth. So, yes.

 

They do. It is less common today than it was in the past due to an ever increased push by patients for esthetics. But, I still do quite a few. Nothing works better than gold.

 

From a buyer's perspective I can understand that dealers don't accept returns of slabbed coins. Even a details grade usually says enough to estimate a coin's market value.

What I do expect though is a clear description of the problem. If a PCGS slab says 'genuine' not everybody knows how to figure out what's wrong with the coin and as we all know it can be very hard to tell from the pics.