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<p>[QUOTE="jallengomez, post: 1711684, member: 19748"]Kasia:</p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p>You're right. There are actually a lot of things we don't know here. How much knowledge did the dealer have? How much knowledge did the seller have? It's not uncommon at all for sellers/collectors who specialize in one particular area of numismatics to know more than a dealer, who typically just focuses on the "big picture" world of numismatics. If you don't believe this, then just look at how many dealers out there can't tell genuine errors and varieties from coins with post-mint damage. There has been an underlying assumption in many of the posts in this thread that dealers descend from the mountaintop with their omniscient knowledge of coins, and this simply is not the case. I bet I could take an early Lincoln MPL, slabbed by a TPG as being MS, to 10 different dealers, and the majority of those dealers wouldn't have a clue that it was MPL. In this case, one thing that we do know is that the dealer can't figure it out; he asked Mike, and Mike's not even sure, and he's probably asked other dealers about the coin. That goes to show how difficult the diagnosis is. I'm speculating even further here, but it may be that the dealer didn't even suspect it as MPL at the time of the purchase, and that it wasn't until he showed the coin to someone else that the possibility was pointed out to him. That's why I've repeatedly stated the caveat that as long as there was no fraud or dishonesty this is a good transaction.</p><p style="text-align: left"><span style="color: #000000"><br /></span></p> <p style="text-align: left"><span style="color: #000000"><br /></span></p><p>[/QUOTE]</p><p><br /></p>
[QUOTE="jallengomez, post: 1711684, member: 19748"]Kasia: You're right. There are actually a lot of things we don't know here. How much knowledge did the dealer have? How much knowledge did the seller have? It's not uncommon at all for sellers/collectors who specialize in one particular area of numismatics to know more than a dealer, who typically just focuses on the "big picture" world of numismatics. If you don't believe this, then just look at how many dealers out there can't tell genuine errors and varieties from coins with post-mint damage. There has been an underlying assumption in many of the posts in this thread that dealers descend from the mountaintop with their omniscient knowledge of coins, and this simply is not the case. I bet I could take an early Lincoln MPL, slabbed by a TPG as being MS, to 10 different dealers, and the majority of those dealers wouldn't have a clue that it was MPL. In this case, one thing that we do know is that the dealer can't figure it out; he asked Mike, and Mike's not even sure, and he's probably asked other dealers about the coin. That goes to show how difficult the diagnosis is. I'm speculating even further here, but it may be that the dealer didn't even suspect it as MPL at the time of the purchase, and that it wasn't until he showed the coin to someone else that the possibility was pointed out to him. That's why I've repeatedly stated the caveat that as long as there was no fraud or dishonesty this is a good transaction. [LEFT][COLOR=#000000] [/COLOR][/LEFT][/QUOTE]
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