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Pimlico House robbed of coins from coin experts - thief found and sentenced
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<p>[QUOTE="cplradar, post: 8006628, member: 108985"]That is because I specifically gave you an answer to your specific question and then ignored it and just kept on posting. That is a noted troll behavior. You write very well, but most, if not all your questions have been already answered, and others are best to be detailed by a committee to implement such changes within the organizational structure of the ANA or PNG or even a new group formed of those organizations and the TPGers, and the auction houses. If you care to repost this in a new thread, we can hash out greater details such as financing, although I am sure you can think of reasonable ways to get this financed and cost is nominal.</p><p><br /></p><p>This one line item, however, I will quickly address because it is the key reason why we tolerate the trade in stolen merchandise in the industry..</p><p><br /></p><p><b>Who will be authorized to validate the claim that a coin is "stolen"?</b></p><p><br /></p><p><b>When a registered coin is marked stolen by the owner it is validated as stolen...period.</b> We are talking about shifting the burden of proof from the victim to the dealers. <b>Don't buy hot coins. </b>It is immoral and illegal. Your only recourse is to then return the coin to the rightful owner and recoup your loses from the individual who sold you the coin, unless you are in possession of a written receipt signed by the registered owner. Then you can return the coin and sue the registered owner for pocession based on the receipt and that matter can be beaten to death in court. We are talking a dramatic change in the way business is now conducted, where valuable merchandise is tracked through the system, as it is in other businesses. When you buy a registered coin, you will need to check its ownership and have it transferred to you on the spot when you buy the coin. AI can reasonably assure that the coin is authentic and the item you are buying.</p><p><br /></p><p>This is not all bad news for dealers. Dealers will now esentially know that the more important parts of their inventory is secure and registered. When they sell an item, they transfer the registration along with the coin. There is no doubt now about ownerhsip. A virtual title is swapped with the coin.[/QUOTE]</p><p><br /></p>
[QUOTE="cplradar, post: 8006628, member: 108985"]That is because I specifically gave you an answer to your specific question and then ignored it and just kept on posting. That is a noted troll behavior. You write very well, but most, if not all your questions have been already answered, and others are best to be detailed by a committee to implement such changes within the organizational structure of the ANA or PNG or even a new group formed of those organizations and the TPGers, and the auction houses. If you care to repost this in a new thread, we can hash out greater details such as financing, although I am sure you can think of reasonable ways to get this financed and cost is nominal. This one line item, however, I will quickly address because it is the key reason why we tolerate the trade in stolen merchandise in the industry.. [B]Who will be authorized to validate the claim that a coin is "stolen"?[/B] [B]When a registered coin is marked stolen by the owner it is validated as stolen...period.[/B] We are talking about shifting the burden of proof from the victim to the dealers. [B]Don't buy hot coins. [/B]It is immoral and illegal. Your only recourse is to then return the coin to the rightful owner and recoup your loses from the individual who sold you the coin, unless you are in possession of a written receipt signed by the registered owner. Then you can return the coin and sue the registered owner for pocession based on the receipt and that matter can be beaten to death in court. We are talking a dramatic change in the way business is now conducted, where valuable merchandise is tracked through the system, as it is in other businesses. When you buy a registered coin, you will need to check its ownership and have it transferred to you on the spot when you buy the coin. AI can reasonably assure that the coin is authentic and the item you are buying. This is not all bad news for dealers. Dealers will now esentially know that the more important parts of their inventory is secure and registered. When they sell an item, they transfer the registration along with the coin. There is no doubt now about ownerhsip. A virtual title is swapped with the coin.[/QUOTE]
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Pimlico House robbed of coins from coin experts - thief found and sentenced
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