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<p>[QUOTE="BooksB4Coins, post: 1533757, member: 36230"]I know a gentleman who has been dealing since the 1950's and owns a B&M that has been "established" since the late 1930's (same business but under different names). I can guarantee you that he is a seasoned professional.... at selling coins, not at grading, identifying problems, etc. As has been mentioned many times already, one should never confuse "dealer" with "expert" regardless of how established or professional they seem.</p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p>Did the OP "pay a premium"? By his own admission he bought at a RAW price, but is now bothered because the coin was not as he (and possibly the dealer) thought. Had this coin come back as hoped or unc, I doubt we would not even be having his discussion, but because the buy did not turn out in his favor, it's all the dealer's fault. The fact is that there are too many today who want to have their cake and eat it too. This whole idea that the dealer should sell at a raw price while backing up the coin as if it were slabbed is ridiculous. They too could just as easily could have the coin slabbed, but no... they should sell at a discount so some one-off collector can reap the rewards, but only with a full guarantee that a TPG will agree with their assessment.</p><p><br /></p><p>The only thing that (if true) this dealer did that we know is questionable, was his buy back price, especially if he still felt the coin a solid example.[/QUOTE]</p><p><br /></p>
[QUOTE="BooksB4Coins, post: 1533757, member: 36230"]I know a gentleman who has been dealing since the 1950's and owns a B&M that has been "established" since the late 1930's (same business but under different names). I can guarantee you that he is a seasoned professional.... at selling coins, not at grading, identifying problems, etc. As has been mentioned many times already, one should never confuse "dealer" with "expert" regardless of how established or professional they seem. Did the OP "pay a premium"? By his own admission he bought at a RAW price, but is now bothered because the coin was not as he (and possibly the dealer) thought. Had this coin come back as hoped or unc, I doubt we would not even be having his discussion, but because the buy did not turn out in his favor, it's all the dealer's fault. The fact is that there are too many today who want to have their cake and eat it too. This whole idea that the dealer should sell at a raw price while backing up the coin as if it were slabbed is ridiculous. They too could just as easily could have the coin slabbed, but no... they should sell at a discount so some one-off collector can reap the rewards, but only with a full guarantee that a TPG will agree with their assessment. The only thing that (if true) this dealer did that we know is questionable, was his buy back price, especially if he still felt the coin a solid example.[/QUOTE]
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