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<p>[QUOTE="omahaorange, post: 1533608, member: 28199"]Still making the assumption that this guy is an "Expert". Not everybody who plunks down the cash, unfolds a table, and spreads out his wares to sell is an expert. It doesn't even make him a dealer. It makes him a seller. I don't believe the coin show organizers test the vendors for their levels of expertise. They take the money and assign them spots. They may filter for shady behavior, but this would be by word of mouth and reputation, and if this guy wasn't a problem before, there would be no reason he would be one on that particular day. So he passes all the tests to be a seller at this particular show. The guy I deal with weekly is a retired mail carrier who is a also a long-time collector, buying and selling coins at the local flea market. Knowledgeable, experienced, but would not call himself an expert. Will give you his opinion on a coin on his table as to grade and condition, but will always qualify that with "look and decide for yourself". I buy from him nearly every weekend. </p><p><br /></p><p>There has been no reason given to believe this guy passed the coin off as anything other than what he thought it was, an AU half dime. Nowhere in the original post does the OP mention that the seller assured him that the coin was problem-free. Even at that, the OP had the opportunity to examine the coin in hand (no fuzzy, blurry, or photo-shopped pictures) and make his own determination as to the actual condition of the coin. Nor does the OP state he asked any questions regarding this coin before he handed over his cash. As I read the original post, the OP bought the coin at what he believed was a decent price (Grey Sheet Bid), then sent it off to ANACS for grading, hoping the graded coin would be worth more for resale. Since he (the OP) now puts himself in the same class as the show vendor, doesn't he have just as much responsibility as an expert dealer to know the actual value and condition of the coin as the original seller?</p><p><br /></p><p>"Caveat Emptor" is appropriate in this situation.[/QUOTE]</p><p><br /></p>
[QUOTE="omahaorange, post: 1533608, member: 28199"]Still making the assumption that this guy is an "Expert". Not everybody who plunks down the cash, unfolds a table, and spreads out his wares to sell is an expert. It doesn't even make him a dealer. It makes him a seller. I don't believe the coin show organizers test the vendors for their levels of expertise. They take the money and assign them spots. They may filter for shady behavior, but this would be by word of mouth and reputation, and if this guy wasn't a problem before, there would be no reason he would be one on that particular day. So he passes all the tests to be a seller at this particular show. The guy I deal with weekly is a retired mail carrier who is a also a long-time collector, buying and selling coins at the local flea market. Knowledgeable, experienced, but would not call himself an expert. Will give you his opinion on a coin on his table as to grade and condition, but will always qualify that with "look and decide for yourself". I buy from him nearly every weekend. There has been no reason given to believe this guy passed the coin off as anything other than what he thought it was, an AU half dime. Nowhere in the original post does the OP mention that the seller assured him that the coin was problem-free. Even at that, the OP had the opportunity to examine the coin in hand (no fuzzy, blurry, or photo-shopped pictures) and make his own determination as to the actual condition of the coin. Nor does the OP state he asked any questions regarding this coin before he handed over his cash. As I read the original post, the OP bought the coin at what he believed was a decent price (Grey Sheet Bid), then sent it off to ANACS for grading, hoping the graded coin would be worth more for resale. Since he (the OP) now puts himself in the same class as the show vendor, doesn't he have just as much responsibility as an expert dealer to know the actual value and condition of the coin as the original seller? "Caveat Emptor" is appropriate in this situation.[/QUOTE]
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