Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
US Coins Forum
>
SEGS NOT HONORING GUARANTEE
>
Reply to Thread
Message:
<p>[QUOTE="ToughCOINS, post: 2442662, member: 20480"]I screwed up my post yesterday, and am trying this again . . . My post in the OP's very first thread reads, </p><p><br /></p><p><i><u>"If you are relying on the opinions of members of CT to decide whether or not to keep this coin (assuming you haven't already made that decision), I suggest you either provide better photos, or get it examined in person. Especially in areas of the coin that are not fully revealed by the photos. I think I see some very faint lines left of Miss Liberty's portrait which could completely torpedo the assigned grade.</u></i></p><p><i><u><br /></u></i></p><p><i><u>If you've already decided to keep it because you feel you paid a fair price for what you received, then our opinions should not matter."</u></i></p><p><br /></p><p><br /></p><p><br /></p><p>After reading everything that I have thus far in this thread, I think the OP clearly decided she could play the victim here if she decided to gamble and lose. Clearly, she felt she felt the grading guarantee provided only upside in either case . . . and no disincentive to deter her from gambling. I don't think she should be rewarded for that.</p><p><br /></p><p>Conversely, keeping in mind that the subject coin could have been graded by PCGS or NGC (while less likely to be quite so far off), we would expect them to stand behind their grading guarantees as well. SEGS should not be let off the hook for equitable treatment of this buyer. </p><p><br /></p><p>Both facts make it difficult to arrive at an equitable solution. Setting aside the purist view of right and wrong, I believe she has the law on her side. In my opinion, because of his prior association with the company, the SEGS grading guarantee was well known to Mr. Briggs before the change in company ownership, and such liabilities were surely factored into the purchase price. </p><p><br /></p><p>Therefore, I side with the OP, but only to the extent that her purchase price exceeds the FMV of an MS64.</p><p><br /></p><p>- Mike[/QUOTE]</p><p><br /></p>
[QUOTE="ToughCOINS, post: 2442662, member: 20480"]I screwed up my post yesterday, and am trying this again . . . My post in the OP's very first thread reads, [I][U]"If you are relying on the opinions of members of CT to decide whether or not to keep this coin (assuming you haven't already made that decision), I suggest you either provide better photos, or get it examined in person. Especially in areas of the coin that are not fully revealed by the photos. I think I see some very faint lines left of Miss Liberty's portrait which could completely torpedo the assigned grade. If you've already decided to keep it because you feel you paid a fair price for what you received, then our opinions should not matter."[/U][/I] After reading everything that I have thus far in this thread, I think the OP clearly decided she could play the victim here if she decided to gamble and lose. Clearly, she felt she felt the grading guarantee provided only upside in either case . . . and no disincentive to deter her from gambling. I don't think she should be rewarded for that. Conversely, keeping in mind that the subject coin could have been graded by PCGS or NGC (while less likely to be quite so far off), we would expect them to stand behind their grading guarantees as well. SEGS should not be let off the hook for equitable treatment of this buyer. Both facts make it difficult to arrive at an equitable solution. Setting aside the purist view of right and wrong, I believe she has the law on her side. In my opinion, because of his prior association with the company, the SEGS grading guarantee was well known to Mr. Briggs before the change in company ownership, and such liabilities were surely factored into the purchase price. Therefore, I side with the OP, but only to the extent that her purchase price exceeds the FMV of an MS64. - Mike[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
US Coins Forum
>
SEGS NOT HONORING GUARANTEE
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...