You should have kept your mouth shut and just bought the coin. Saying what you did while negotiating caused the dealer to become defensive and to wonder to himself if he missed something about the coins value.
I have no sympathy for this dealer or any dealer like him. If you don't know the value of your inventory, then that's your problem. Not the customers. If you get taken advantage of because of your lack of knowledge, then you deserve it. Knowledge is king.
A mysterious coin at a phantom coin show with an anonymous dealer ?
Maybe we have this all wrong. Could this be a reverse double scam? With great drama and fan fare coinking convinces dealer that the coin is much better than it appears. Dealer snatches coin back and later submits to PCGS. Coin is returned BBed as a counterfeit. Vengeance is now complete for dealers previous rip off on coinking.
<< <i><STRONG>A mysterious coin at a phantom coin show with an anonymous dealer ?
Maybe we have this all wrong. Could this be a reverse double scam? With great drama and fan fare coinking convinces dealer that the coin is much better than it appears. Dealer snatches coin back and later submits to PCGS. Coin is returned BBed as a counterfeit. Vengeance is now complete for dealers previous rip off on coinking.</STRONG> >>
Wouldn't that be a just reward for the dealer??!
While that outcome is highly improbable, the dealer's credibility is shot, at least with Coinking. It was a slimy thing to do, and clearly turned him off.
A dealer or shop owner pulling a stunt like that would turn me off enough that I'd never do business with the guy again.
I'd bet the guy has lost many, many good potential customers that way over the years! Added up it would probably be a lot of business.
I was at the Baltimore show a few years back looking for a nice Buffalo Nickel for my type set. I found a dealer (I do not remember who) and they had several that would fit. The PCGS slabs were all heavily scratched up (like with a nail). It was distracting, and I asked why there were so many scratches on the slab..??? The dealer looked at the slab and claimed he could not see what I was talking about. Even after clarifying that I was talking about the plastic, not the coin, the dealer refused to see the scratches.
Not wanting to deal with this type of person, I went to another table and bought a nice coin from another dealer...
Mark Piersall Random Collector www.marksmedals.com
You can learn a lot about dealers from the way they respond to such an issue. Would you rather deal with one who responds like this:
<< <i>You have absolutely no beef. How naive. >>
Or one who responds like this:
<< <i>You were not stealing the coin or evening getting a rip unless by some longshot it crossed to 66...........and that would not be wrong either >>
<< <i>this dealer has no confidence and what he did was unethical, I have no idea if it was illegal, but your right to avoid him, and smart not to say who it is. Only would cause you trouble, no gain to be had. >>
Mr. Laibstain I hope we have a chance to do some business someday.
Not only that. Any dealer who takes his screen name from a line in Pulp Fiction must be okey dokey. Edited to add: The deal is done when an agreement is reached (even if the exchange of coin for money hasn't yet occurred).
<< <i>You can learn a lot about dealers from the way they respond to such an issue. Would you rather deal with one who responds like this:
<< <i>You have absolutely no beef. How naive. >>
Or one who responds like this:
<< <i>You were not stealing the coin or evening getting a rip unless by some longshot it crossed to 66...........and that would not be wrong either >>
<< <i>this dealer has no confidence and what he did was unethical, I have no idea if it was illegal, but your right to avoid him, and smart not to say who it is. Only would cause you trouble, no gain to be had. >>
Mr. Laibstain I hope we have a chance to do some business someday. >>
Comments
I have no sympathy for this dealer or any dealer like him. If you don't know the value of your inventory, then that's your problem. Not the customers. If you get taken advantage of because of your lack of knowledge, then you deserve it. Knowledge is king.
Maybe we have this all wrong. Could this be a reverse double scam?
With great drama and fan fare coinking convinces dealer that the
coin is much better than it appears. Dealer snatches coin back
and later submits to PCGS. Coin is returned BBed as a counterfeit.
Vengeance is now complete for dealers previous rip off on coinking.
<< <i><STRONG>A mysterious coin at a phantom coin show with an anonymous dealer ?
Maybe we have this all wrong. Could this be a reverse double scam?
With great drama and fan fare coinking convinces dealer that the
coin is much better than it appears. Dealer snatches coin back
and later submits to PCGS. Coin is returned BBed as a counterfeit.
Vengeance is now complete for dealers previous rip off on coinking.</STRONG> >>
Wouldn't that be a just reward for the dealer??!
While that outcome is highly improbable, the dealer's credibility is shot, at least with Coinking. It was a slimy thing to do, and clearly turned him off.
A dealer or shop owner pulling a stunt like that would turn me off enough that I'd never do business with the guy again.
I'd bet the guy has lost many, many good potential customers that way over the years! Added up it would probably be a lot of business.
I was at the Baltimore show a few years back looking for a nice Buffalo Nickel for my type set. I found a dealer (I do not remember who) and they had several that would fit. The PCGS slabs were all heavily scratched up (like with a nail). It was distracting, and I asked why there were so many scratches on the slab..???
The dealer looked at the slab and claimed he could not see what I was talking about. Even after clarifying that I was talking about the plastic, not the coin, the dealer refused to see the scratches.
Not wanting to deal with this type of person, I went to another table and bought a nice coin from another dealer...
Random Collector
www.marksmedals.com
<< <i>You have absolutely no beef. How naive. >>
Or one who responds like this:
<< <i>You were not stealing the coin or evening getting a rip unless by some longshot it crossed to 66...........and that would not be wrong either >>
<< <i>this dealer has no confidence and what he did was unethical, I have no idea if it was illegal, but your right to avoid him, and smart not to say who it is. Only would cause you trouble, no gain to be had. >>
Mr. Laibstain I hope we have a chance to do some business someday.
Who is John Galt?
<< <i>You can learn a lot about dealers from the way they respond to such an issue. Would you rather deal with one who responds like this:
<< <i>You have absolutely no beef. How naive. >>
Or one who responds like this:
<< <i>You were not stealing the coin or evening getting a rip unless by some longshot it crossed to 66...........and that would not be wrong either >>
<< <i>this dealer has no confidence and what he did was unethical, I have no idea if it was illegal, but your right to avoid him, and smart not to say who it is. Only would cause you trouble, no gain to be had. >>
Mr. Laibstain I hope we have a chance to do some business someday. >>
Great comment!!