Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
US Coins Forum
>
SEGS NOT HONORING GUARANTEE
>
Reply to Thread
Message:
<p>[QUOTE="Coinchemistry 2012, post: 2477726, member: 28107"]In a 20 page thread, it is easy to lose track of the specific value of any claim, and you are right that attorney's fees would certainly eat up any recovery and that this would likely end up in small claims court. With that said, didn't one of the principals of CAC start a legal foundation to combat abuses in numismatics? If so I wonder if this is the type of case that they might consider if there are other potential plaintiffs and that the total amount of class claims could justify a class action suit. </p><p><br /></p><p>I would also be interested in seeing whether the OP might have success by filing complaints with regulatory agencies to try to pressure SEGS into a fair resolution while minimizing costs. My understanding is that the FTC's 1990 complaint against PCGS went beyond the investment language and there were allegations of false advertising. I wonder what the FTC (or Tennessee state consumer protection organizations) would think or whether it would care about this. SEGS is obviously a much smaller company with less of an influence on the market, but it strikes me as deceptive and false advertising to advertise a guarantee for all SEGS coin and to not honor the said guarantee.[/QUOTE]</p><p><br /></p>
[QUOTE="Coinchemistry 2012, post: 2477726, member: 28107"]In a 20 page thread, it is easy to lose track of the specific value of any claim, and you are right that attorney's fees would certainly eat up any recovery and that this would likely end up in small claims court. With that said, didn't one of the principals of CAC start a legal foundation to combat abuses in numismatics? If so I wonder if this is the type of case that they might consider if there are other potential plaintiffs and that the total amount of class claims could justify a class action suit. I would also be interested in seeing whether the OP might have success by filing complaints with regulatory agencies to try to pressure SEGS into a fair resolution while minimizing costs. My understanding is that the FTC's 1990 complaint against PCGS went beyond the investment language and there were allegations of false advertising. I wonder what the FTC (or Tennessee state consumer protection organizations) would think or whether it would care about this. SEGS is obviously a much smaller company with less of an influence on the market, but it strikes me as deceptive and false advertising to advertise a guarantee for all SEGS coin and to not honor the said guarantee.[/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...