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<p>[QUOTE="Tom B, post: 1711329, member: 11854"]Aside from mentioning that the coin might be a well struck 1916 business strike coin, I have stayed out of this thread because in some ways the details given have the flavor of a red herring. </p><p><br /></p><p>If this is an old ANACS slab then I would assume either from when the ANA owned the company or at least while the small white holder was still in use. The ANA sold ANACS in the late 1980s or very early 1990s while the small white holder was in use until approximately 2005. If it was certified while ANACS was still an ANA entity then I would be inclined to think it a business strike coin, while later on I have no real feel other than my initial reaction that it be a well struck business strike. One issue brought up is some type of guarantee by ANACS, but I do not know of any guarantee that ANACS does or did offer, so this may be a moot point. The topic of the larger debate is the idea that the dealer owes the seller money. An important point that is left out is whether or not the seller was the original submitter of the coin and if the seller originally purchased the coin raw as a matte proof. If the seller purchased the coin already slabbed as a business strike or if the seller submitted the coin as a business strike then I see no reason for the dealer to be compelled to share any potential profit with the seller. In this case it would be <i>nice </i> for the dealer to include some extra funds in the event of a score, but I do not think it unethical if the dealer chose not to do so. After all, the seller would have flipped the coin without ever knowing what he truly had and, as such, never paid a premium for what the coin might truly be and never did the required homework to find out more. Lastly, many folks think that all dealers have an upper hand in their knowledge with respect to collectors, but this is not necessarily the case. A dealer has generalized knowledge along a broad spectrum and might specialize in one or two niche areas. However, a dedicated collector may know substantially more than most dealers about his chosen niche, which should place the dedicated collector in an advantageous position.[/QUOTE]</p><p><br /></p>
[QUOTE="Tom B, post: 1711329, member: 11854"]Aside from mentioning that the coin might be a well struck 1916 business strike coin, I have stayed out of this thread because in some ways the details given have the flavor of a red herring. If this is an old ANACS slab then I would assume either from when the ANA owned the company or at least while the small white holder was still in use. The ANA sold ANACS in the late 1980s or very early 1990s while the small white holder was in use until approximately 2005. If it was certified while ANACS was still an ANA entity then I would be inclined to think it a business strike coin, while later on I have no real feel other than my initial reaction that it be a well struck business strike. One issue brought up is some type of guarantee by ANACS, but I do not know of any guarantee that ANACS does or did offer, so this may be a moot point. The topic of the larger debate is the idea that the dealer owes the seller money. An important point that is left out is whether or not the seller was the original submitter of the coin and if the seller originally purchased the coin raw as a matte proof. If the seller purchased the coin already slabbed as a business strike or if the seller submitted the coin as a business strike then I see no reason for the dealer to be compelled to share any potential profit with the seller. In this case it would be [i]nice [/i] for the dealer to include some extra funds in the event of a score, but I do not think it unethical if the dealer chose not to do so. After all, the seller would have flipped the coin without ever knowing what he truly had and, as such, never paid a premium for what the coin might truly be and never did the required homework to find out more. Lastly, many folks think that all dealers have an upper hand in their knowledge with respect to collectors, but this is not necessarily the case. A dealer has generalized knowledge along a broad spectrum and might specialize in one or two niche areas. However, a dedicated collector may know substantially more than most dealers about his chosen niche, which should place the dedicated collector in an advantageous position.[/QUOTE]
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