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To Return or Not to Return... Bronze Disease Dilemma
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<p>[QUOTE="Ken Dorney, post: 3795632, member: 76086"]Interesting topic, and based on the responses so far it brings a question to my mind. Should an auction house, dealer, collector or any other seller be held responsible for bronze disease? If so, to what degree? It’s a condition that cannot be realistically predicted (in most cases) and can often take decades or longer to develop. There isn’t any method to determine if a coin will develop the problem in transit, in days, weeks, etc. after its shipping or arrival. </p><p><br /></p><p>Since auction houses dont typically own the coins they sell, I can see where they would easily take a coin back in a short time frame, since they have no liability and can just return it to the consigner. I imagine however that after the consignor is finally paid (usually three to six months after a sale) that the house likely would not accept a return.</p><p><br /></p><p>A small dealer however does not have the same lack of liability that an auction house does. They usually own most or all of the coins they sell and a return would likely result in a 100% loss if they couldn’t treat it themselves.</p><p><br /></p><p>So another question is who is responsible for a situation in which nobody can anticipate or predict?</p><p><br /></p><p>Other thoughts?[/QUOTE]</p><p><br /></p>
[QUOTE="Ken Dorney, post: 3795632, member: 76086"]Interesting topic, and based on the responses so far it brings a question to my mind. Should an auction house, dealer, collector or any other seller be held responsible for bronze disease? If so, to what degree? It’s a condition that cannot be realistically predicted (in most cases) and can often take decades or longer to develop. There isn’t any method to determine if a coin will develop the problem in transit, in days, weeks, etc. after its shipping or arrival. Since auction houses dont typically own the coins they sell, I can see where they would easily take a coin back in a short time frame, since they have no liability and can just return it to the consigner. I imagine however that after the consignor is finally paid (usually three to six months after a sale) that the house likely would not accept a return. A small dealer however does not have the same lack of liability that an auction house does. They usually own most or all of the coins they sell and a return would likely result in a 100% loss if they couldn’t treat it themselves. So another question is who is responsible for a situation in which nobody can anticipate or predict? Other thoughts?[/QUOTE]
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