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London Coins-- another suspicions of shill bidding thread
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<p>[QUOTE="Curtisimo, post: 7875855, member: 83845"]Interesting. There are a few unsettling things in CNG’s terms of service. This one is my favorite (i.e. least-favorite!). </p><p><br /></p><blockquote><p><i>“2. Guaranty and Return Privilege. All items are guaranteed genuine. Any coin order may be returned within fourteen days of receipt for any reason. Coins that have been encapsulated ("slabbed") by a grading and/or authentication service may not be returned for any reason, including authenticity, if they have been removed from the encapsulation ("slab"). The customer shall bear the cost of returning all items and shall insure them for their full value. Books are not sent on approval and are not subject to return.”</i></p></blockquote><p><br /></p><p>So you cannot return a fake coin if you have removed it from the slab. NGC is amazing at spotting fakes and I have great respect for them but I would prefer the CNG guarantee to the NGC opinion. That is a good reason (for me at least) to never buy a slabbed coin from CNG. Does anyone know if CNG would be willing to remove a slabbed coin that you win from the slab before sending to you so that you can actually enjoy their authenticity guarantee?</p><p><br /></p><p>Sorry for the tangent![/QUOTE]</p><p><br /></p>
[QUOTE="Curtisimo, post: 7875855, member: 83845"]Interesting. There are a few unsettling things in CNG’s terms of service. This one is my favorite (i.e. least-favorite!). [INDENT][I]“2. Guaranty and Return Privilege. All items are guaranteed genuine. Any coin order may be returned within fourteen days of receipt for any reason. Coins that have been encapsulated ("slabbed") by a grading and/or authentication service may not be returned for any reason, including authenticity, if they have been removed from the encapsulation ("slab"). The customer shall bear the cost of returning all items and shall insure them for their full value. Books are not sent on approval and are not subject to return.”[/I][/INDENT] So you cannot return a fake coin if you have removed it from the slab. NGC is amazing at spotting fakes and I have great respect for them but I would prefer the CNG guarantee to the NGC opinion. That is a good reason (for me at least) to never buy a slabbed coin from CNG. Does anyone know if CNG would be willing to remove a slabbed coin that you win from the slab before sending to you so that you can actually enjoy their authenticity guarantee? Sorry for the tangent![/QUOTE]
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London Coins-- another suspicions of shill bidding thread
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