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<p>[QUOTE="dragondance, post: 2351393, member: 75859"]I am creating this thread after seeing so many posts about coin dealers ripping off walk-in customers, often bereaved from the loss of a husband, father, or grandfather. There's the story about the wife who sold her husbands's coin collection for pennies on the dollar, if she even got that much. There's the story about the sale of indian head pennies for a dime a piece. I have seen seated liberty coins in XF-AU sold to the coin shop for 25% less than melt value. The worst I've seen is an incredible collection of seated liberty coins (including an 1873-CC XF-AU) dollar go for ten dollars apiece. </p><p><br /></p><p>So who is responsible for understanding the coins once you are gone, or would it be prudent to stick a label to the cover of each rare coin with an approximate price at a certain date?[/QUOTE]</p><p><br /></p>
[QUOTE="dragondance, post: 2351393, member: 75859"]I am creating this thread after seeing so many posts about coin dealers ripping off walk-in customers, often bereaved from the loss of a husband, father, or grandfather. There's the story about the wife who sold her husbands's coin collection for pennies on the dollar, if she even got that much. There's the story about the sale of indian head pennies for a dime a piece. I have seen seated liberty coins in XF-AU sold to the coin shop for 25% less than melt value. The worst I've seen is an incredible collection of seated liberty coins (including an 1873-CC XF-AU) dollar go for ten dollars apiece. So who is responsible for understanding the coins once you are gone, or would it be prudent to stick a label to the cover of each rare coin with an approximate price at a certain date?[/QUOTE]
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