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Have you ever lost a coin sent to you on approval?

RYKRYK Posts: 35,799 ✭✭✭✭✭
Last week, I received a "care package" from a dealer-friend with a potpourri of various numismatic items, about a dozen in all, some slabbed, some raw, some in tissue, some in paper flips. On the same day, my family flew into town for a visit. I quickly opened the package, gave brief inspection to the contents, pulled out some of my own coins to compare, and shoved it all into the safe (or so I thought image ).

The following week, I took everything out and spread the items on the floor for a more thorough inspection. It turns out that one of the selections he sent was a pair of two different strikings of an "excessively rare" medal. I planned to keep the earlier striking and return the later one (so he could sell it to Longacre image ), but I could not find it. I searched around for it for a day or so, before it finally turned up in the box that he sent the coins in. I keep these boxes because I use them for returns, and it was wadded up with the stuffing. I was relieved to find it (and so should be Longacre) as otherwise I would have ended up buying it (and Longacre would not get my sloppy seconds image). Phew!

Comments

  • mgoodm3mgoodm3 Posts: 17,497 ✭✭✭
    I have come close with wadded paking material that contained cool things that I wasn't aware were in the box.image
    coinimaging.com/my photography articles Check out the new macro lens testing section
  • BarryBarry Posts: 10,100 ✭✭✭


    << <i>and Longacre would not get my sloppy seconds image). >>



    Nah, I'd better not post anything here...
  • no...not ever.
    "Everyday above ground is a good day"

  • coinkatcoinkat Posts: 23,816 ✭✭✭✭✭
    no... I have actually had dealers misplace coins for which I had sent a check... after the dealer had a panic attack, it was found and that has happened more than once with different dealers...

    Experience the World through Numismatics...it's more than you can imagine.

  • jdimmickjdimmick Posts: 9,775 ✭✭✭✭✭
    Another local dealer had about 7k worth of Morgans from a Prominent collector in town when he was hit leaving a show. he had no insurance !
  • LongacreLongacre Posts: 16,717 ✭✭✭
    How are you sure that Longacre didn't receive that box first, and you, therefore, are picking among Longacre's sloppy seconds? image
    Always took candy from strangers
    Didn't wanna get me no trade
    Never want to be like papa
    Working for the boss every night and day
    --"Happy", by the Rolling Stones (1972)
  • metalmeistermetalmeister Posts: 4,595 ✭✭✭✭✭
    No but a dealer "lost" a nice 1917S MS64 FH SLQ I gave him to send in to a TPG fo grading.
    Reimbursed but she was a beauty....
    email: ccacollectibles@yahoo.com

    100% Positive BST transactions
  • airplanenutairplanenut Posts: 22,380 ✭✭✭✭✭
    Almost. I once had something stuck in packaging that I found after I emailed the consignor to say his list didn't match what was packed.
    JK Coin Photography - eBay Consignments | High Quality Photos | LOW Prices | 20% of Consignment Proceeds Go to Pancreatic Cancer Research
  • No, never.
  • Not lost anything but its aways fun to search the packaging for extra stuff.

    I did send a box of nickels to a wrong address once. Had the FBI call me because it had been turned into the bomb squad in Florida. I had used foam insulation to completely surround the inner box. But the foam pushed the outer box out as it expanded. Made it look suspicious to the accidental recipient. This box made it all the way through the post office system which is funny. Anyways did get the coins back and sent to the correct address.
    "One of the advantages of being disorderly is that one is constantly making new discoveries" -A.A. Milne
  • ArizonaJackArizonaJack Posts: 4,029 ✭✭✭
    Never, but I did mislabel one on a flip and frantically searched until I found it as soon as it turned up " missing ".
    " YOU SUCK " Awarded 5/18/08
  • notwilightnotwilight Posts: 12,864 ✭✭✭
    RYK,
    I believe you meant a coin sent on approval.

    It is funny you should ask about consigned coins. I just searched for 3 hours for the sale records for an 8th coin of a consignment that I am selling. Finally I pulled out the invoice and saw the 8 crossed out and changed to 7 (handwritten). I guess I should have looked there first.

    --Jerry
  • BECOKABECOKA Posts: 16,961 ✭✭✭
    nope, not yet anyway
  • I found a coin I thought I had submitted.
    They called prior to gradind and told me I sent 12 coins not 13.
    I'm glad I only told them "fine I'll look into it when I get them back"
    The coin turned up a week later on the floor behind my desk. image
  • FrankcoinsFrankcoins Posts: 4,571 ✭✭✭
    Never..I just wish I could find MY coins that I have misplaced....I have an 1885-CC Morgan in a GSA box SOMEWHERE, been looking since 2001.
    Frank Provasek - PCGS Authorized Dealer, Life Member ANA, Member TNA. www.frankcoins.com
  • roadrunnerroadrunner Posts: 28,313 ✭✭✭✭✭
    NO. But I sent a gem MS65+ 1851-0 half dime to a Maryland dealer in 1988-89 on approval and his entire business was locked down by the FEDs while the coin was there. They were looking for money or drug laundering or something. I lost the coin and got back something less than wholesale on it in the "negotiation." Left a bad taste in my mouth.

    Back in 1972 or so Steve Ivy Rare Coin sent me an unsolicted package of rare seated dimes worth about $13,000. I had about $50 to my name at the time and couldn't afford the postage to send them back. I waited for SIR coin to send me the $15 to return them.

    roadrunner
    Barbarous Relic No More, LSCC -GoldSeek--shadow stats--SafeHaven--321gold
  • rickoricko Posts: 98,724 ✭✭✭✭✭
    No... I take extra care with such packages... Cheers, RickO
  • jessewvujessewvu Posts: 5,065 ✭✭✭✭✭
    no, that is just careless. I don't have enough money to be careless with it, yet. image
  • no and hopefully i will never have that sinking feeling.
    Best Regards,

    Rob


    "Those guys weren't Fathers they were...Mothers."

    image
  • tahoe98tahoe98 Posts: 11,388 ✭✭✭


    << <i>Another local dealer had about 7k worth of Morgans from a Prominent collector in town when he was hit leaving a show. he had no insurance ! >>




    ...........WOW!............don't give THAT guy a klondike bar..image
    "government is not reason, it is not eloquence-it is a force! like fire, it is a dangerous servant and a fearful master; never for a moment should it be left to irresponsible action." George Washington

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