Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
Thoughts Please
>
Reply to Thread
Message:
<p>[QUOTE="Overlander, post: 1290855, member: 33945"]I sold a coin to a dealer after he examined it on two separate occasions. He made an offer, I made a counter, the second time we settled on a price. It was a raw coin, I never represented it as being any specific grade or condition.</p><p><br /></p><p>A few days later he called me, saying that someone at a coin show had declared the coin a fake. Wanted his money back. I did not agree to return his money without any evidence, so we agreed that he would send the coin off to PCGS.</p><p><br /></p><p>Time passes, he calls me back with the news that the coin is genuine. I figure we are good.</p><p><br /></p><p>Not good enough for him though. Now he wants to return the coin because he says that it has been cleaned.</p><p><br /></p><p>Seems to me, he had two occasions to examine the coin, actually a full 24 hours to examine it as I left it in his possession for a full day before he bought it. I think that was plenty of time for him to figure out the condition of the coin. It also seems to me that if there is damage to the coin, it could have certainly been caused while it was in his ownership, especially given that he believed it to be a fake.</p><p><br /></p><p>He says that in the coin business it's normal to allow returns like he wants to do. I can't say that I know much about the coin business, but it seems awful strange to me that sales from collectors to dealers aren't final. I don't think he would call me and give me extra money if a coin ended up being better than he judged it to be when he bought it. We certainly never discussed return policies when we made our deal.</p><p><br /></p><p>My question is, am I justified in refusing to take the coin back?[/QUOTE]</p><p><br /></p>
[QUOTE="Overlander, post: 1290855, member: 33945"]I sold a coin to a dealer after he examined it on two separate occasions. He made an offer, I made a counter, the second time we settled on a price. It was a raw coin, I never represented it as being any specific grade or condition. A few days later he called me, saying that someone at a coin show had declared the coin a fake. Wanted his money back. I did not agree to return his money without any evidence, so we agreed that he would send the coin off to PCGS. Time passes, he calls me back with the news that the coin is genuine. I figure we are good. Not good enough for him though. Now he wants to return the coin because he says that it has been cleaned. Seems to me, he had two occasions to examine the coin, actually a full 24 hours to examine it as I left it in his possession for a full day before he bought it. I think that was plenty of time for him to figure out the condition of the coin. It also seems to me that if there is damage to the coin, it could have certainly been caused while it was in his ownership, especially given that he believed it to be a fake. He says that in the coin business it's normal to allow returns like he wants to do. I can't say that I know much about the coin business, but it seems awful strange to me that sales from collectors to dealers aren't final. I don't think he would call me and give me extra money if a coin ended up being better than he judged it to be when he bought it. We certainly never discussed return policies when we made our deal. My question is, am I justified in refusing to take the coin back?[/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
>
Coin Chat
>
Thoughts Please
>
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...