Is it legal?

The OP stated that:

then went on 30 minutes later to state:

So, I can see your skepticism. However, the OP did ask a specific question on topic with the focus of these fora.

That said, a 1955 DDO is not the only error that would necessarily "pop out" at someone who is not necessarily a connoisseur of numismatics. Perhaps a 1958 DDO or even a 1909S VDB. The VDB "stamped" on the back could certainly be viewed by a "normal" person as being perhaps stamped a second time with the "V.D.B." on it.

And even if we consider that the second clarification by the OP stated that it was perhaps a nickel, well, a 1942D/D comes to mind. The D horizontally over D is most certainly discerned with the naked eye and, in my opinion, most definitely could be considered a second "strike" to the coin to someone outside of our numismatic world.

Finding such an "old" coin in circulation is far from impossible, however improbable it may seem. To those who collect coins, there is really nothing about pre-1966 nickels that stands out. But, to a "normal" person, the fact that the "FS" initials are missing and the mint mark is on the wrong side could most certainly raise questions whether something rare or valuable may have been found.

Of course, this is all speculation without having the afore promised details of the situation. But, it is speculation that does give credence to the statements made by the OP.

To simply dismiss the whole idea by stating "no such thing exists" simply ignores facts.

 

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I am certainly not under 30, but I never carry a cell phone. I text when absolutely necessary with my laptop and phone from it when it's impossible to avoid. And I think the satellite technology has given us a longer tether, but constant messaging is a psycological defect. IMHO

gary

 

Aptly put !

 

We have all suffered losses in this hobby/industry. Experience is the hardest teacher but the best in some ways.

The seller needs to talk to a lawyer as others have suggested. The www.quatloos.com site has lawyers who answer various legal questions like this without charge.

 

What brought the dealer to determine that the coin was a fake? It most likely was looked at by several other individuals whether they be customers, business associates or business partners and co-workers. The dealer should have examined the coin in detail and then had others check it out before he bought it. What if the shoe was on the other foot and your friend purchased the coin from the dealer and later found it to be a fake? Would the dealer refund the money with the return of the coin no questions asked? If the dealer has a good refund policy then the friend should return the money and take the coin back. But how do we know how honest the dealer is and that his business practices are legit. This is a tough one and I'm not sure how I would go about resolving the extremely uncomfortable situation.

 

Ok here is my take on al lof this.

The seller keeps the money.
I don't doubt your story, as I don't know your co-worker
But I also have some questions about some of it.

If you are not that close of a friend and it's just a business relationship.....why are you helping out/seeking info about it for him? Why isn't he doing it?

I know if it was me and there was a possibility of being charged with something ( I don't know Washington States laws) I would have been on the phone seeking a lawyers opinion after the first phone call aking for the money to be returned.

I'm not trying to offend you, just seems odd that he isn't the one seeking out the information

 

Yes I wasn't clear on what coin it is...BC IDK. I've said this, I don't know. I will ask and then post his answer, okay!

 

Great question! The reason I am "helping him out/seeking info about it for him" is simple. I'm not...well that is to say I am not doing this for him. I just personally want to know, bc if something like this ever happened to me I'd want to make sure I knew my rights and what not.

And no my knowledge, he was tryig to figure out he legal obligation (if any) regarding the situation. I just thought I'd go look myself.

And no worries, you did not offend me.

I'm not easily offended =]

 

That is also a great question, I didn't even think to ask how they got his number. I can ask him tho.

Too bad you doubt the story bc it's true. There is no reason for it not to be. I got to work and he was talking about it already so I asked him what was happening and then he went on to tell me what happened, so I am sure bc you don't know me or him that you might have trouble trusting the validity of the story but I can't really MAKE you believe me. I believe that my coworker told me the true store bc there is no way he would be dishonest bc that would just be putting himself at risk to lose his job, his family, his money and all the unknown legal ramifications (if any).

 

Often a couple of hundred deposited with someone you trust as an attorney to have them when you need them is money well spent

 

Regardless, you got some good advice to give him about how to handle this. Reporting the incident to the authorities is good insurance. It would show that he may have been a victim or potential one here. At best it would lean toward his honesty. IMHO

 

Let me guess, you guys are bank tellers.

 

Not even close. In fact when I still worked for a living, the guards really gave me an evil eye when I entered. Guess they didn't like the bandanna and beard ? lol

 

I wasn't talking about you, I was talking about Kassidy and his/her coworker.

 

I am a she haha and my coworker is a he and no we are not bank tellers, we work in a drugstore.

 

Kassidy,

First let me start by saying welcome to the forums. I've read the whole thread and I'm kind of hesitant to reply for fear of being verbally insulted/assulted by some of our members who have been here a while...not really sure what some of their problems are.

It seems that a few people are stuck on some sort of moral high ground, that he should return the money and take back the coin. For those people who think that I pose 2 questions:

What if the coin is not a counterfeit/replica etc, but a coin that the associate over payed for and/or has buyers remorse. Does that change anything?

What if the coin was switched with a counterfeit/replica? Who knows. If the guy selling the coin REALLY doesn't know anything about it, how can he know if he's getting the same coin back?

It's fine to say "oh he should give the money back, he has no morals" but the reality is the associate was the expert... he set the price and bought the coin.

Here is an example for you: Anyone who watches pawn stars has seen rick and his son make a few bad buys. You suck it up and learn from it, not cry and threaten people to try and get your money back.

Anyone that's ever been in business for themselves should know that you can't make money on every transaction, sometimes there are mistakes/problems.

I say no legal or moral obligation unless the story changes. Too many unknown variables to return the money and take back the coin.

 

"Drug" store ???

 

I think she meant 'drugstore' (aka pharmacy).

 

Beating a Dead horse but here I Go:
My Adult Life Retail since 1981:

J C Penney 1981-2000, the term is Shrinkage
Staples 2000-Present, the term is Shrink
just my 2 cents worth to this hot topic
Steve

 

If you want to learn from his experience, I hope that so far, you have learned to have all the facts - the whole story, before you ask for implications of a bad deal.