Ebay Refund question

jmcu12

Hello all,

I purchased an ebay coin on August 7, 2008. The coin, a seated proof (raw) was said to be PR and then he opined that it was a 60.

I just had it graded at ANACS and it was not a proof. It graded AU50, and while the grade was disappointing I am less concerned with that than the designation that it is a business strike.


Auction stated a 7 day period for refunds - I fully acknowledge that this time has elapsed.

However, my question is surrounding the description of said coin, it did not certify as proof when the description in the auction clearly states proof; so, should I receive a refund based on a faulty/wrong description?


Edited for clarity and spelling.

SirAnthonyAC

Here’s my take on it…

You must have liked the coin when you saw the photos or you wouldn’t have brought the coin.

Once you had the coin in hand you liked it or you wouldn’t have sent it in for grading, you would returned it within 7 days.

The ANACS’s 'opinion' was AU50.

But, it’s still the same nice condition coin that you wanted when you brought it; it’s still the same nice condition coin that you liked when you held it in your hands… I say just enjoy the coin.

Don’t get too hung up on what the slab says... enjoy the coin, not the slab!


Edited to say: my statement would apply for most grading situations but, now that I am thinking a bit more… did you pay mad money because the coin was represented as proof?

If you paid hundreds or more over the value, becuase he told you it was proof, then I'd ask for my money back.

If what you paid is close to the value of a certified AU50 BS, then I say just enjoy it.

lathmach

So okay, what kind of a Seated coin was it? Denomination and year?
In many instances, the business strikes are worth more than their proof counterparts.

Ray

19Lyds

Email the seller and let him know that the coin was not a proof. If he offers some type of resolution, see what you can work out.

DO NOT include any expenses incurred with the grading submission as it has nothing to do with the original transaction.

If you can work something out, great! If not, just move on and throw your losses into your tuition in the School of Hard Knocks!

Bochiman

If the person is a dealer in coins, since I am not, I would expect them to know proof vs MS.
If they are a collector/seller, then I wouldn't necessarily expect that.

In the first example, I would hope they would honor their mistake and refund the money (of course, I wouldn't expect the grading fees/expenses to be reimbursed) for the coin.
In the 2nd case, if they did refund, cool. If not, that is part of buying online and not from trusted sources (it could be an honest mistake but that is part of buying online, to me)