Does "estate" mean...

1907Quarter

not having to offer a return policy, without having to say so in the sale description?

kranky

My understanding is that if no return policy is stated, you can't assume there is one. Estate or no estate.

JohnZ

"Estate" means some guy put together a bunch of junk silver and wheaties, absolutely bereft of key dates, put them in an old cigar box, and claims to have found it in his grandma's attic after she died. Since he doesn't know anything about coins he's just going to sell it as is.

Yep, that's what "estate" means.

XpipedreamR

<< <i>"Estate" means some guy put together a bunch of junk silver and wheaties, absolutely bereft of key dates, put them in an old cigar box, and claims to have found it in his grandma's attic after she died. Since he doesn't know anything about coins he's just going to sell it as is.

Yep, that's what "estate" means. >>







Excellent!

ARCO

"Estate" conjures up images of some old time collection only being sold off because the previous owner passed on. It just sounds better than "Flea market find", or "bunch of coins I found in a dealers box of junk".

In addition to sounding better it also implies that they the sellers are just offering to you these goods as a "go between" and aren't backing up their authenticity, grade or anything else. There are perenially "Estate" coin sellers on Ebay, the one that comes to mind is BLUERIDGE. No returns and usually cleaned. They do start at $1.00 to make it fair as they put it.

Estate = marketing term.

Tyler

LAWMAN

Legally speaking, an "estate" is a term for property of a person or entity. When you die and leave a will, you pass your testamentary estate. When you file bankruptcy, you have (or, rather, your trustee has) a debtor's estate.

When somebody advertises an estate sale, they are stating that somebody's property (usually somebody who no longer walks the earth) is being sold. If it ain't true and a purchaser relies, thinking he or she can get a good deal, that is a form of false advertising and fraud.