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<p>[QUOTE="Kasia, post: 3535265, member: 31533"]The biggest problem was the coin was returned for a refund and no 'refund' was given until the seller altered the coin and resold it, and then the seller only 'refunded' the amount he got for the second sale. At no point did the seller negotiate to be the middleman or agent to resell the coin for the first buyer and only give the second sale's amount to the first buyer. Lanz should have refunded the amount it was purchased for by the first time and then Lanz would have again owned the coin and it would be his choice to do what he wanted with it. But he did not. He effectively duped and cheated his customer(first buyer). And he did in a very dishonorable way, IMO. </p><p><br /></p><p>This is not a normal practice of business. The first buyer clearly wanted his money back on a coin that could not get slabbed at NGC. Weather or not Lanz thinks NGC is qualified to authenticate that coin is not the issue. Once Lanz said to return the coin, he should have clearly refunded the purchase price.[/QUOTE]</p><p><br /></p>
[QUOTE="Kasia, post: 3535265, member: 31533"]The biggest problem was the coin was returned for a refund and no 'refund' was given until the seller altered the coin and resold it, and then the seller only 'refunded' the amount he got for the second sale. At no point did the seller negotiate to be the middleman or agent to resell the coin for the first buyer and only give the second sale's amount to the first buyer. Lanz should have refunded the amount it was purchased for by the first time and then Lanz would have again owned the coin and it would be his choice to do what he wanted with it. But he did not. He effectively duped and cheated his customer(first buyer). And he did in a very dishonorable way, IMO. This is not a normal practice of business. The first buyer clearly wanted his money back on a coin that could not get slabbed at NGC. Weather or not Lanz thinks NGC is qualified to authenticate that coin is not the issue. Once Lanz said to return the coin, he should have clearly refunded the purchase price.[/QUOTE]
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