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<p>[QUOTE="omahaorange, post: 1533715, member: 28199"]I think this explains the OP's relationship with this particular dealer:</p><p><br /></p><p><br /></p><p><br /></p><p>I'm guessing this isn't a very "productive business relationship" for the dealer in question. It's an honest mistake by the OP; he looked at the coin in hand, didn't ask questions, and bought it hoping it would grade into a higher price. It didn't, so he wants the dealer to take the hit. No accountability for his own action, an "I messed up, it can't be my fault, get me out of it now" mentality. There was nothing that said the dealer misrepresented the coin, other than he didn't point out (maybe because he didn't notice either?) that the coin was whizzed. But the OP didn't notice it either. And I gather he wasn't forced to buy the coin, but did so voluntarily.</p><p><br /></p><p>I'll say this because I don't look at coin collecting as an investment, anymore than my woodworking hobby is an investment: If you want to rely on a coin show vendor to be your "numismatic investment adviser", maybe you should think about other investment opportunities. These dealers are not investment counselors, they are retail sellers looking to turn a profit.</p><p><br /></p><p>Had the OP purchased this coin from eBay, and showed the auction, listing pictures, and photos after he received it, he would have a valid argument, and I would tend to be a little more sympathetic to his dilemma. But he didn't, he purchased it by examining the actual coin, in hand. His failure to properly evaluate the coin before paying for it is the cause of his issue, not the vendor ripping him off. Back to your investment comment, if you want to make money buying and selling coins, <i>you really need to know what you're looking at</i>. The dealer is in this to make a profit, don't expect him to cut his own throat so you can make money.[/QUOTE]</p><p><br /></p>
[QUOTE="omahaorange, post: 1533715, member: 28199"]I think this explains the OP's relationship with this particular dealer: I'm guessing this isn't a very "productive business relationship" for the dealer in question. It's an honest mistake by the OP; he looked at the coin in hand, didn't ask questions, and bought it hoping it would grade into a higher price. It didn't, so he wants the dealer to take the hit. No accountability for his own action, an "I messed up, it can't be my fault, get me out of it now" mentality. There was nothing that said the dealer misrepresented the coin, other than he didn't point out (maybe because he didn't notice either?) that the coin was whizzed. But the OP didn't notice it either. And I gather he wasn't forced to buy the coin, but did so voluntarily. I'll say this because I don't look at coin collecting as an investment, anymore than my woodworking hobby is an investment: If you want to rely on a coin show vendor to be your "numismatic investment adviser", maybe you should think about other investment opportunities. These dealers are not investment counselors, they are retail sellers looking to turn a profit. Had the OP purchased this coin from eBay, and showed the auction, listing pictures, and photos after he received it, he would have a valid argument, and I would tend to be a little more sympathetic to his dilemma. But he didn't, he purchased it by examining the actual coin, in hand. His failure to properly evaluate the coin before paying for it is the cause of his issue, not the vendor ripping him off. Back to your investment comment, if you want to make money buying and selling coins, [I]you really need to know what you're looking at[/I]. The dealer is in this to make a profit, don't expect him to cut his own throat so you can make money.[/QUOTE]
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