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<p>[QUOTE="calcol, post: 2540788, member: 77639"]It's a shame that the folks were treated this way. Unless the company or companies that sold them the coins made false claims, there is not much recourse ... willing buyer argument. Don't know how information on coin valuation can be made much more public than it is now. It doesn't take much effort to find out how much ASE's are worth. Still, especially for some older folks, the internet is foreign territory. Was recently told by an older collector that the internet is something for his grandkids to use. Would have been useless to try to push him into it.</p><p><br /></p><p>This summer, my wife's uncle, who's in his 90's, was looking to buy a dozen double eagles to give to various male relatives. He was contemplating buying from a company that advertised in a Sunday paper supplement. He really wanted coins from his birth year, but they were steering him to some AU's from the 1850's for a little over $3000 per coin. The prices weren't outrageous, but not that good either, and he wouldn't have gotten his birth year. I was able to find him a better deal, and he bought PCGS MS64 saints minted in his birth year for less than $1700 per coin. I had him deal directly with the coin dealer. There is no way I wanted to be a financial intermediary for multiple reasons.</p><p><br /></p><p>Cal[/QUOTE]</p><p><br /></p>
[QUOTE="calcol, post: 2540788, member: 77639"]It's a shame that the folks were treated this way. Unless the company or companies that sold them the coins made false claims, there is not much recourse ... willing buyer argument. Don't know how information on coin valuation can be made much more public than it is now. It doesn't take much effort to find out how much ASE's are worth. Still, especially for some older folks, the internet is foreign territory. Was recently told by an older collector that the internet is something for his grandkids to use. Would have been useless to try to push him into it. This summer, my wife's uncle, who's in his 90's, was looking to buy a dozen double eagles to give to various male relatives. He was contemplating buying from a company that advertised in a Sunday paper supplement. He really wanted coins from his birth year, but they were steering him to some AU's from the 1850's for a little over $3000 per coin. The prices weren't outrageous, but not that good either, and he wouldn't have gotten his birth year. I was able to find him a better deal, and he bought PCGS MS64 saints minted in his birth year for less than $1700 per coin. I had him deal directly with the coin dealer. There is no way I wanted to be a financial intermediary for multiple reasons. Cal[/QUOTE]
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