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<p>[QUOTE=&quot;justafarmer, post: 948396, member: 3926&quot;]If I purchase a coin from a dealer that is represented as BU – then I am not buying the coin “as is”, I am buying the coin as represented. If the dealer has signs posted in his shop stating all sales of coins are “as is” does not give a dealer carte-blanche toto sell miss-graded coins. It doesn’t matter whether I buy the coin sight unseen or spend 4 hours inspecting the coin before making the purchase. I have the reasonable expectation to receive a product as represented. Dealers certainly have the right to grade coins and sell them in accordance to their own established standards but in doing so these standards must be conveyed clearly to the other parties of the contract. If this proprietary standard uses terminology but relaxes the meaning of what is generally recognized and utilized within the industry then the dealer has an even higher responsibility of conveying these new definitions to other parties of the contract. These responsibilities extend beyond the principles to any future 3rd parties of the original contract.[/QUOTE]</p><p><br /></p>

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