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Poll - is it the right thing to do to return accumulated substandard product to the Mint? (With pict

claychaserclaychaser Posts: 4,406 ✭✭✭✭
The coins below were the worst of the worst from my recent buys of sets for grading.

There were some really good coins in the sets I purchased- including 1 holy grail coin - the S Mint 70 DMPL. But there were also some really bad coins, some shown below.

What's the right thing to do?



The S Mints - note stains on these two:
image

image

S Mint with heavy die polish
image

S Mint with pits on the right
image

Another spot at the Y:
image

Pits at right obv:
image

P Mint with big scratches at lips:
image

D-Mints with big pits:
image

image

image


==Looking for pre WW2 Commems in PCGS Rattler holders, 1851-O Three Cent Silvers in all grades



Successful, problem free and pleasant transactions with: illini420, coinguy1, weather11am,wayneherndon,wondercoin,Topdollarpaid,Julian, bishdigg,seateddime, peicesofme,ajia,CoinRaritiesOnline,savoyspecial,Boom, TorinoCobra71, ModernCoinMart, WTCG, slinc, Patches, Gerard, pocketpiececommems, BigJohnD, RickMilauskas, mirabella, Smittys, LeeG, TomB, DeusExMachina, tydye

Comments

  • TopographicOceansTopographicOceans Posts: 6,535 ✭✭✭✭
    Anything that is manufactured and sold comes with an implied warranty of merchantability, meaning that the product has to perform the function for which it is intended.
    The Mint is a manufacturer, just like millions of other manufacturers in the world.
    If a customer buys a product and it doesn't work as it should, they should be able to return it.

    The Mint's main function is to produce circulating coinage, but they created a side business by minting coins for collectors.

    If they can't produce collector quality coins, then customers should be able to return them.

    Even way back in the 1960's with proof sets the Mint included those orange pieces of paper directing customers who weren't happy with the quality of their coins to return them to the Mint - and deep cameo proofs from those years were rarely produced.

    But, personally I think the Mint has the right to limit sales and returns to certain customers that buy large quantities and return an unusually high percentage because it costs the Mint a lot of money to have cherrypickers return 90% of their order.

  • howardshowards Posts: 1,239 ✭✭✭
    You said you bought these from forum members, not the mint.

    Your recourse should be with forum members, not the mint.

    When ordered directly from the mint, I have returned a couple of really problem coins. I agree that people who return most of their coins because they are not 70s are abusing the system. It is not reasonable to expect the mint to produce 70s all the time.
  • rickoricko Posts: 98,724 ✭✭✭✭✭
    I have only returned one coin...an ASE that was particularly bad....back in the mid 90's.... some people cherrypick the Mint's products...I think that is wrong. Cheers, RickO
  • derrybderryb Posts: 36,990 ✭✭✭✭✭
    Isn't that mail fraud?

    The government is incapable of ever managing the economy. That is why communism collapsed. It is now socialism’s turn - Martin Armstrong

  • dbldie55dbldie55 Posts: 7,731 ✭✭✭✭✭
    Sounds like fraud, but that wasn't one of the options.
    Collector and Researcher of Liberty Head Nickels. ANA LM-6053
  • BillJonesBillJones Posts: 34,116 ✭✭✭✭✭
    Your poll does not have answer for me. For some mint buyers it is MS, SP or PR 70 or nothing. If they don't get something qualifies for that grade, they think they have a right to set it back. My attitude is little if anything is perfect. If the piece qualifies for what I call 69 or even 68, I don't think that I have a case for sending it back. I don't expect to get "PCGS perfection" on everything. I do expect to get something presentable.

    The pieces that you show in the photos are dreck, but if you were not the original buyer, I don't know that you really have any recourse. Look at the this way. If every secondary market buyer had a right to return anything for a specified period of time, that would leave the mint with giving them a market guarantee.

    The mint should not and cannot be in the business of giving a market insurance policy for coins that don't turn out be flippers. That's not fair to other collectors. Yet if you leave returns open ended that is exactly what it would become.
    Retired dealer and avid collector of U.S. type coins, 19th century presidential campaign medalets and selected medals. In recent years I have been working on a set of British coins - at least one coin from each king or queen who issued pieces that are collectible. I am also collecting at least one coin for each Roman emperor from Julius Caesar to ... ?
  • messydeskmessydesk Posts: 20,019 ✭✭✭✭✭


    << <i>The mint should not and cannot be in the business of giving a market insurance policy for coins that don't turn out be flippers. That's not fair to other collectors. Yet if you leave returns open ended that is exactly what it would become. >>


    This. Every game you want to play has its price.
  • LindeDadLindeDad Posts: 18,766 ✭✭✭✭✭
    If you did not purchase from the mint in the last two weeks it's yours.

    The losers are just paying the ante for losing cards at the table. image
  • fishcookerfishcooker Posts: 3,446 ✭✭
    You assume the fresh sets will be better. Not always.
  • SonorandesertratSonorandesertrat Posts: 5,695 ✭✭✭✭✭


    << <i>

    << <i>The mint should not and cannot be in the business of giving a market insurance policy for coins that don't turn out be flippers. That's not fair to other collectors. Yet if you leave returns open ended that is exactly what it would become. >>


    This. Every game you want to play has its price. >>



    image
    Member: EAC, NBS, C4, CWTS, ANA

    RMR: 'Wer, wenn ich schriee, hörte mich denn aus der Engel Ordnungen?'

    CJ: 'No one!' [Ain't no angels in the coin biz]
  • ms70ms70 Posts: 13,954 ✭✭✭✭✭
    To me the answer is 2 part. If the coin is simply not high grade due to hits on the surfaces then I'd eat it. If the coin came with spots, fingerprints, or foreign substances, then I'd send it back
    for the mint to eat since IMO that's completely unacceptable in any way, no question about it.

    Great transactions with oih82w8, JasonGaming, Moose1913.

  • BochimanBochiman Posts: 25,419 ✭✭✭✭✭


    << <i>To me the answer is 2 part. If the coin is simply not high grade due to hits on the surfaces then I'd eat it. If the coin came with spots, fingerprints, or foreign substances, then I'd send it back
    for the mint to eat since IMO that's completely unacceptable in any way, no question about it. >>




    Agree with the above.....WITH the caveat that it only applies when purchased directly from the mint by the person wanting to do the return.
    Once you buy it 2nd-hand, then, imho, doing what is mentioned as an option in the OP is more on the shady side than the right side.

    That's like buying a mattress from someone, finding out you don't like it because someone whizzed on it or slept naked on it, etc, and then deciding to buy the same thing from the mattress store and returning the whizzed on one.
    Imho, you have a right to return, for whatever reason, anything you want to the mint THAT YOU PERSONALLY PURCHASED directly from the mint....not stuff you play a shell game with.

    I've been told I tolerate fools poorly...that may explain things if I have a problem with you. Current ebay items - Nothing at the moment

  • ms70ms70 Posts: 13,954 ✭✭✭✭✭


    << <i>Agree with the above.....WITH the caveat that it only applies when purchased directly from the mint by the person wanting to do the return. >>



    That too. I was thinking it but got distracted by kids doing homework when I was posting. image Thanks for adding that.

    Great transactions with oih82w8, JasonGaming, Moose1913.

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