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<p>[QUOTE="bqcoins, post: 322782, member: 5036"]Heres the situation as I see it. If as a private citizen, I purchased a coin (not slabbed) and the police came to my door and told me I purchased a hot coin. They would first have to provide me with pictures of said coin previous to the theft, or diagnostic clues to the coin, otherwise one coin looks just like another coin in the same condition (roughly speaking) and their lack of proof means they can't prove that the stolen coin is my coin, and they could get lost.</p><p>As a dealer, I'm watching my dealer go through an ordeal right now. He purchased some modern junk from a guy about six months ago, paid less than $200 for it and put it out on his table for inexpensive modern stuff. This whole transaction was caught on his surveillance camera, from the walk-in to the purchase, to the placement. Two months later the cops show up and ask if he bought items from so and so, show him a picture. He says yes, he shows them the tape. They concur that it is the guy. They tell him, the property he bought was stolen. He says okay, no problem, I'll get the things. He gives them all the modern junk back, then they pull out a list and ask what about the rest. He tells them there is no rest, they give him the list and tell him according to the home owner, this is what was stolen and since the guy was in your shop, if you have any in stock we are confiscating them. So they proceed to take 3 1oz buffalos, 12 better date morgans, of course if he had more than one they took the better of the selection, and various other items. So what was a $200 junk buy has just turned into a $5000+ theft by the police in the name of "justice" He is still fighting with them to retrieve his property, and will probably do so for some time.[/QUOTE]</p><p><br /></p>
[QUOTE="bqcoins, post: 322782, member: 5036"]Heres the situation as I see it. If as a private citizen, I purchased a coin (not slabbed) and the police came to my door and told me I purchased a hot coin. They would first have to provide me with pictures of said coin previous to the theft, or diagnostic clues to the coin, otherwise one coin looks just like another coin in the same condition (roughly speaking) and their lack of proof means they can't prove that the stolen coin is my coin, and they could get lost. As a dealer, I'm watching my dealer go through an ordeal right now. He purchased some modern junk from a guy about six months ago, paid less than $200 for it and put it out on his table for inexpensive modern stuff. This whole transaction was caught on his surveillance camera, from the walk-in to the purchase, to the placement. Two months later the cops show up and ask if he bought items from so and so, show him a picture. He says yes, he shows them the tape. They concur that it is the guy. They tell him, the property he bought was stolen. He says okay, no problem, I'll get the things. He gives them all the modern junk back, then they pull out a list and ask what about the rest. He tells them there is no rest, they give him the list and tell him according to the home owner, this is what was stolen and since the guy was in your shop, if you have any in stock we are confiscating them. So they proceed to take 3 1oz buffalos, 12 better date morgans, of course if he had more than one they took the better of the selection, and various other items. So what was a $200 junk buy has just turned into a $5000+ theft by the police in the name of "justice" He is still fighting with them to retrieve his property, and will probably do so for some time.[/QUOTE]
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