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<p>[QUOTE="chip, post: 1328946, member: 19122"]This may be an urban legend, but I have heard that if a dealer tells you that your coin is worth x amount, and it is some small fraction of the true price then they are breaking the law, but if they tell you, I will give you x amount, and it is some small fraction of the true value, then they are in the clear. I have heard that is why hotel buyers have in their fine print that they are not appraisers and why they will not tell you what the fmv of your coin is, only what they will pay for it.[/QUOTE]</p><p><br /></p>
[QUOTE="chip, post: 1328946, member: 19122"]This may be an urban legend, but I have heard that if a dealer tells you that your coin is worth x amount, and it is some small fraction of the true price then they are breaking the law, but if they tell you, I will give you x amount, and it is some small fraction of the true value, then they are in the clear. I have heard that is why hotel buyers have in their fine print that they are not appraisers and why they will not tell you what the fmv of your coin is, only what they will pay for it.[/QUOTE]
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