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<p>[QUOTE="Blissskr, post: 2350098, member: 34882"]A dealer misrepresenting to someone trying to sell them a coin that it's not worth anything when it is substantially more valuable could be charged with theft by deception. It's really not that hard to prove if the sale is documented as it should be. Say the dealer buys the coin for $10 gives the customer a receipt for the sale notating exactly what items were transacted and then turns around and lists that coin in his case or online at wxyz amount. The hard part is it actually getting reported.</p><p><br /></p><p>I used to deal with theft by deception all the time as anytime someone passed a bad check in one of my districts stores and wouldn't resolve it we'd get the local P.D. involved and they'd eventually end up getting charged for it. Basically lying, given someone a false representation of something and knowingly doing so in order to deprive them of their property could get you in trouble. It'd be even easier where one was in a position where one could be considered an expert over another and I'm pretty sure that being the owner operator of a coin shop whose daily business is in numismatics is enough to qualify one as an expert in the eyes of the law over an average citizen.</p><p><br /></p><p>All that being said the real problem is that this stuff generally goes unreported and thus continues. The dealers out there doing it, it just becomes their normal mode of operation. I'd be willing to bet more dealers than one would think would try it on people they believe unsuspecting. Want to test it? Send an older or younger family member into a shop you frequent with some valuable coins with the story of 'inherited or left from deceased spouse' etc and see how much the dealer actually offers to pay an 'uninformed' party to purchase what they brought in.[/QUOTE]</p><p><br /></p>
[QUOTE="Blissskr, post: 2350098, member: 34882"]A dealer misrepresenting to someone trying to sell them a coin that it's not worth anything when it is substantially more valuable could be charged with theft by deception. It's really not that hard to prove if the sale is documented as it should be. Say the dealer buys the coin for $10 gives the customer a receipt for the sale notating exactly what items were transacted and then turns around and lists that coin in his case or online at wxyz amount. The hard part is it actually getting reported. I used to deal with theft by deception all the time as anytime someone passed a bad check in one of my districts stores and wouldn't resolve it we'd get the local P.D. involved and they'd eventually end up getting charged for it. Basically lying, given someone a false representation of something and knowingly doing so in order to deprive them of their property could get you in trouble. It'd be even easier where one was in a position where one could be considered an expert over another and I'm pretty sure that being the owner operator of a coin shop whose daily business is in numismatics is enough to qualify one as an expert in the eyes of the law over an average citizen. All that being said the real problem is that this stuff generally goes unreported and thus continues. The dealers out there doing it, it just becomes their normal mode of operation. I'd be willing to bet more dealers than one would think would try it on people they believe unsuspecting. Want to test it? Send an older or younger family member into a shop you frequent with some valuable coins with the story of 'inherited or left from deceased spouse' etc and see how much the dealer actually offers to pay an 'uninformed' party to purchase what they brought in.[/QUOTE]
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