Home U.S. Coin Forum

Is ANA complicit for letting known coin doctors set up at shows?

bidaskbidask Posts: 14,017 ✭✭✭✭✭
After all, presumably they sell coins to other dealers and the coin collecting public that have been doctored.

If a collector is hurt by buying such a coin, is the ANA or Whitman or any other coin show promoter complicit in the act of doctored coins to be sold by allowing
coin doctors to set up at a bourse to sell such coins to the public?

Should known coin doctors be banned from future coin shows?
I manage money. I earn money. I save money .
I give away money. I collect money.
I don’t love money . I do love the Lord God.




Comments

  • coinguy1coinguy1 Posts: 13,484 ✭✭✭
    "Known" or "suspected" coin doctors? Upon what type of accusations and/or how little evidence do you suggest an organization or show promoter make such decisions?
  • 291fifth291fifth Posts: 24,553 ✭✭✭✭✭
    1. Define "coin doctor."

    This term, like so many in numismatics, is vaguely defined.

    2. How do you "know" them?

    Are you prepared to accept someone else's claim without solid evidence?

    3. Has anyone been convicted of anything in criminal or civil courts?

    Be very careful of what you say.
    All glory is fleeting.
  • TwoSides2aCoinTwoSides2aCoin Posts: 44,485 ✭✭✭✭✭
    The ANA is no more complicit for letting known coin doctors set up at shows than the police are complicit for allowing known criminals to be on the sidewalk. No sir, the shift of blame belongs square on the shoulders of the person violating a code of ethics or civil laws and not on those who are there to uphold them.
  • bidaskbidask Posts: 14,017 ✭✭✭✭✭


    << <i>1. Define "coin doctor."

    This term, like so many in numismatics, is vaguely defined.

    2. How do you "know" them?

    Are you prepared to accept someone else's claim without solid evidence?

    3. Has anyone been convicted of anything in criminal or civil courts?

    Be very careful of what you say. >>

    I am sick and tired of being careful.
    I manage money. I earn money. I save money .
    I give away money. I collect money.
    I don’t love money . I do love the Lord God.




  • 291fifth291fifth Posts: 24,553 ✭✭✭✭✭


    << <i>

    << <i>1. Define "coin doctor."

    This term, like so many in numismatics, is vaguely defined.

    2. How do you "know" them?

    Are you prepared to accept someone else's claim without solid evidence?

    3. Has anyone been convicted of anything in criminal or civil courts?

    Be very careful of what you say. >>

    I am sick and tired of being careful. >>



    You can never be sick and tired of being careful.
    All glory is fleeting.
  • bidaskbidask Posts: 14,017 ✭✭✭✭✭


    << <i>The ANA is no more complicit for letting known coin doctors set up at shows than the police are complicit for allowing known criminals to be on the sidewalk. No sir, the shift of blame belongs square on the shoulders of the person violating a code of ethics or civil laws and not on those who are there to uphold them. >>

    I think otherwise.....I think if the ANA allows a known coin doctor into their show and set up at a bourse where a transaction takes place where a collector is hurt buying a bad coin from a coin doctor, I think the show promoter could not only be named in a lawsuit but have a good chance at losing.
    I manage money. I earn money. I save money .
    I give away money. I collect money.
    I don’t love money . I do love the Lord God.




  • mrpotatoheaddmrpotatoheadd Posts: 7,576 ✭✭✭


    << <i>I think the show promoter could not only be named in a lawsuit but have a good chance at losing. >>

    It's quite possible to be entirely in the right and still lose in a lawsuit.
  • dbldie55dbldie55 Posts: 7,740 ✭✭✭✭✭


    << <i>

    << <i>I think the show promoter could not only be named in a lawsuit but have a good chance at losing. >>

    It's quite possible to be entirely in the right and still lose in a lawsuit. >>



    No doubt. I am reminded daily of Louisville slugger losing a suit because one of their bats was used in a baseball game. All it takes is a bottom feeding lawyer and an ignorant jury.
    Collector and Researcher of Liberty Head Nickels. ANA LM-6053
  • FrankcoinsFrankcoins Posts: 4,571 ✭✭✭


    << <i>I think otherwise.....I think if the ANA allows a known coin doctor into their show and set up at a bourse where a transaction takes place where a collector is hurt buying a bad coin from a coin doctor, I think the show promoter could not only be named in a lawsuit but have a good chance at losing. >>



    Coin Doctoring is not a crime..as determined by a lawsuit that the ANA lost 25 years ago against Riverside Coin Co. The judge ruled

    "Whizzing" or polishing of coins is considered by some collectors to degrade a coin. For others it enhances the desirability of a coin. There is nothing illegal about "whizzing" or polishing. There is no unanimity of opinion as to the effect of such procedures on the grading of coins although increasing experience in collecting may tend to cause a collector to shun "whizzed" or polished coins. However, this is a matter of personal preference. Therefore, I find no misrepresentation involved in respondent's practice of "whizzing" or polishing coins.


    PCGS's case is violation of the contract NOT to submit TO THEM coins knowingly doctored.
    Frank Provasek - PCGS Authorized Dealer, Life Member ANA, Member TNA. www.frankcoins.com
  • coinkatcoinkat Posts: 23,678 ✭✭✭✭✭
    While the ANA may have some comparative negligence, it seems that there is a much larger problem- Collectors need to be educated and understand what they are doing and frankly, it seems this may be the biggest problem.

    Collector-

    I just was ripped off because I spend $5,000 on a doctored coin- they owe me seems to be the initial knee jerk reaction after being taken to the cleaners-

    My initial response would be- First, I am sorry for your loss- but who did you speak to, what books are in your library and what reasonable reasearch and investigation did you undertake before buying a POS for $5,000?

    While doctoring is a big problem, not all reasonable avenues are explored in terms of preventing big mistakes- and mistakes are made. EDUCATION is the key.

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

  • CoinosaurusCoinosaurus Posts: 9,639 ✭✭✭✭✭
    Coinkat has it right. Litigation and laying blame on someone else should not be the default reaction to everything.

    Witness this nonsense in the gulf - everyone trying to score political points when all the attention should be focused on actually fixing the problem.
  • AnalystAnalyst Posts: 1,438 ✭✭✭
    I deleted my own post. The material in this post related to events in the middle of 2010 and could easily be misinterpreted in 2011.
    "In order to understand the scarce coins that you own or see, you must learn about coins that you cannot afford." -Me
  • LakesammmanLakesammman Posts: 17,443 ✭✭✭✭✭
    Hang a banner over the entrance.



    Caveat Emptor
    "My friends who see my collection sometimes ask what something costs. I tell them and they are in awe at my stupidity." (Baccaruda, 12/03).I find it hard to believe that he (Trump) rushed to some hotel to meet girls of loose morals, although ours are undoubtedly the best in the world. (Putin 1/17) Gone but not forgotten. IGWT, Speedy, Bear, BigE, HokieFore, John Burns, Russ, TahoeDale, Dahlonega, Astrorat, Stewart Blay, Oldhoopster, Broadstruck, Ricko, Big Moose, Cardinal.
  • 19Lyds19Lyds Posts: 26,492 ✭✭✭✭
    In a word, No.

    Unless, of course you wanna include Coin World, Coin News, Numismatic News, Coin Prices, and any other national or even local publication that allows folks to advertise. Let's not forget about local coin show promoters or even eBay itself.
    I decided to change calling the bathroom the John and renamed it the Jim. I feel so much better saying I went to the Jim this morning.



    The name is LEE!
  • mozinmozin Posts: 8,755 ✭✭✭
    I wonder who these "known" coin doctors are. I thought they were all operating undercover. Is everyone afraid to out them? Looks like it to me.
    I collect Capped Bust series by variety in PCGS AU/MS grades.

Leave a Comment

BoldItalicStrikethroughOrdered listUnordered list
Emoji
Image
Align leftAlign centerAlign rightToggle HTML viewToggle full pageToggle lights
Drop image/file