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Do you care whether or not a dealer is a member of the PNG?

ANACONDAANACONDA Posts: 4,692 ✭
in U.S. Coin Forum
Do you care whether or not a dealer is a member of PNG?

Comments

  • FatManFatMan Posts: 8,977 ✭
    No
  • RYKRYK Posts: 35,800 ✭✭✭✭✭
    No
    My Box of 20: https://pcgs.com/setregistry/collectors-showcase/box-20/ryks-gold-box-20/17132
  • UtahCoinUtahCoin Posts: 5,366 ✭✭✭✭✭
    No.

    I've seen several thieves with a PNG membership. Also some of the most honest dealers I know don't belong.
    I used to be somebody, now I'm just a coin collector.
    Recipient of the coveted "You Suck" award, April 2009 for cherrypicking a 1833 CBHD LM-5, and April 2022 for a 1835 LM-12, and again in Aug 2012 for picking off a 1952 FS-902.
  • MrEurekaMrEureka Posts: 24,669 ✭✭✭✭✭
    Yes.

    My most selfish reason is that I can force a PNG member into binding arbitration, should we have a dispute. I can tell you from painful experience that this matters, big time.
    Andy Lustig

    Doggedly collecting coins of the Central American Republic.

    Visit the Society of US Pattern Collectors at USPatterns.com.
  • IRCWCoinsIRCWCoins Posts: 895 ✭✭
    No.
  • JSssonJSsson Posts: 891 ✭
    I care to a certain extent. A dealer's PNG relationship gives the customer some protection if a dispute arises and being a member can't hurt a dealer's reputation. On the other hand, there are many good dealers who are not members of the PNG.
  • bidaskbidask Posts: 14,057 ✭✭✭✭✭
    Yes, and I think everyone of them should support the stopcoinfraud.org.
    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.




  • coinkatcoinkat Posts: 24,372 ✭✭✭✭✭
    I think it really may depend on the coin that is being purchased. I think what Andy wrote must be considered...

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

  • BarryBarry Posts: 10,100 ✭✭✭
    No. I once got a PNG dealer suspended from Ebay for 30 days for shill bidding (father and son bidding...)
  • BAJJERFANBAJJERFAN Posts: 31,615 ✭✭✭✭✭
    No. Since I seldom buy from dealers PNG membership is of no importance to me.
    theknowitalltroll;
  • TwoSides2aCoinTwoSides2aCoin Posts: 45,009 ✭✭✭✭✭
    This is AMERICA ... Capitalism exists so we have a free market, not a legislated one !
    On the same token, it's nice to legislate and hold a candle to our own.

    When buying a coin or selling a coin, it would be better to be affiliated but it isn't a requirement in our society. I suppose the higher dollar the coin, the more protective measures are necessary. Should I join ? I'm a powerseller of widgets on ebay only.
    Do sharks lurk in muddy water ? If joining the PNG gives me a thumbs up in the community will I sell more brown wheaties ?

    I'm just curious image

    ``https://ebay.us/m/KxolR5

  • roadrunnerroadrunner Posts: 28,371 ✭✭✭✭✭
    Absolutely. It's about the only way you might have a good chance of recovering your money if you were ripped off. The one time I had a problem with a dealer (he was in the process of applying to PNG) he had ignored paying me for a coin he sold for several months. A quick call to the PNG and I had a check in the mail within 24 hrs....and one peed off dealer. But it worked. The one time I was screwed big time in a deal the dealer was in every organization but
    PNG....and I stayed screwed. AT least you have a shot with PNG.
    While there may be some with debatable ethics (past or present) in that organization, they do have a way of monitoring themselves....."or they put it to sleep for a long time."

    YES. A resounding YES. Does it really matter if a dealer is a member of NGC, PCGS, FUN, ANA, ICTA, NSDR, etc? Will any of those protect you and your money? Only 3 letters might help get your money back, and they aren't ANA. Any scammer on ebay can pile on a list of organizations in about a month, all with no teeth.

    roadrunner
    Barbarous Relic No More, LSCC -GoldSeek--shadow stats--SafeHaven--321gold
  • rickoricko Posts: 98,724 ✭✭✭✭✭
    NO... Cheers, RickO
  • ModernCrapNutModernCrapNut Posts: 2,086 ✭
    No


    image
  • TwoSides2aCoinTwoSides2aCoin Posts: 45,009 ✭✭✭✭✭
    Thank you roadrunner.
    I appreciate your input on this issue.

    ``https://ebay.us/m/KxolR5

  • tightbudgettightbudget Posts: 7,299 ✭✭✭
    No
  • HugegutHugegut Posts: 574
  • 123cents123cents Posts: 7,178 ✭✭✭
    Maybe.
    image
  • earlygoldnutearlygoldnut Posts: 206 ✭
    A dealer's PNG relationship gives the customer some protection if a dispute arises and being a member

    Really? Can anyone here cite a single example of a retail customer getting any relief with the help of the PNG-

    The truth is, , Numismatic Consumer Alliance has done more for the "customer" in the short time it has been around than PNG has done in it's entire existence. Having nice letterhead and logo is great but all that matters in the end are results-

    So aside from dealer disputes can anyone cite some examples of the "customer" getting protection from the PNG.

    The PNG means well but results matter, not nice looking ads.
  • earlygoldnutearlygoldnut Posts: 206 ✭
    Absolutely. It's about the only way you might have a good chance of recovering your money if you were ripped off.

    Let's have the PNG tell us exactly what they have done in helping customers that have been wronged get relief.

    Anyone?

    Like I said results matter-
  • woodwalkerwoodwalker Posts: 297 ✭
    NO
  • earlygoldnutearlygoldnut Posts: 206 ✭
    " I think everyone of them should support the stopcoinfraud.org. "

    wise beyond your years!
  • BearBear Posts: 18,953 ✭✭✭
    PNG Membership no longer has any cache of value.
    There once was a place called
    Camelotimage
  • EdscoinEdscoin Posts: 2,028 ✭✭✭
    NO!
    ED
    .....................................................
  • JLWJLW Posts: 583
    NO! D.G.A.R.A.!
    Joe
    What's happening Adrian?
  • fcloudfcloud Posts: 12,133 ✭✭✭✭
    No, nor the ANA. Just becasue someone belongs doesn't mean they will be honest or credible. Buy the coin for the right price, not the dealer. Look at it in the terms of a used car. Do you buy the car you want, or the car the dealer wants to sell you?

    President, Racine Numismatic Society 2013-2014; Variety Resource Dimes; See 6/8/12 CDN for my article on Winged Liberty Dimes; Ebay

  • GrumpyEdGrumpyEd Posts: 4,749 ✭✭✭
    I go more by how they treat you, how open they are and if they give you the feeling they have no time to deal over whatever you are looking for or if they treat you the same regardless of cost.

    If they act like those tv guys hyping stuff it's over!

    I guess for a raw coin that I did not know enough about to buy in the first place PNG might matter more LOL I typically don't count on forcing a refund based on the signs on the wall.
    Ed
  • tcmitssrtcmitssr Posts: 1,570 ✭✭✭
    Yes, I think it sets the better dealers apart from the rest. At the same time, the binding arbitration is a very positive factor.

    To date, I've only been dissapointed with one PNG dealer. There was nothing to raise a complaint about, just that all of the others I've dealt with have been top notch and very ethical.
  • dthigpendthigpen Posts: 3,932 ✭✭
    Nope.
    Mr. Thigpen

    Self Indulgence | Holey Coins | Flickr Photostream
  • LincolnCentManLincolnCentMan Posts: 5,347 ✭✭✭✭
    No.

    -David
    Lincolncentman Toned Lincolns
  • rec78rec78 Posts: 5,930 ✭✭✭✭✭
    No. I will buy the right coin at the right price from almost anyone. Bob
    image
  • DoogyDoogy Posts: 4,508 ✭


    << <i>A dealer's PNG relationship gives the customer some protection if a dispute arises and being a member

    Really? Can anyone here cite a single example of a retail customer getting any relief with the help of the PNG-

    The truth is, , Numismatic Consumer Alliance has done more for the "customer" in the short time it has been around than PNG has done in it's entire existence. Having nice letterhead and logo is great but all that matters in the end are results-

    So aside from dealer disputes can anyone cite some examples of the "customer" getting protection from the PNG.

    The PNG means well but results matter, not nice looking ads. >>




    yup, i'd have to concur....i remember not very long ago the hoopla with the John Hamrick dealer thread. the poster contacted the PNG but was ignored. nice treatment!

  • PerryHallPerryHall Posts: 47,509 ✭✭✭✭✭
    Nope.

    Worry is the interest you pay on a debt you may not owe.
    "Paper money eventually returns to its intrinsic value---zero."----Voltaire
    "Everything you say should be true, but not everything true should be said."----Voltaire

  • jhdflajhdfla Posts: 3,030 ✭✭✭


    << <i>PNG Membership no longer has any cache of value. >>



    Someone who remembers the PNG of old. They let just about anyone in now, including guys who can't grade. So my answer is no.
    SeatedQuarters
  • dorkkarldorkkarl Posts: 12,691 ✭✭✭


    << <i>Do you care whether or not a dealer is a member of PNG? >>

    yes i do. i shy away from most of 'em.

    K S
  • PreussenPreussen Posts: 2,307 ✭✭✭
    Based on a recent personal experience/problem, PNG membership means absolutely nothing to me, and the PNG response (or lack thereof) to my problem was equally worthless. -Preussen
    "Illegitimis non carborundum" -General Joseph Stilwell. See my auctions
  • MidLifeCrisisMidLifeCrisis Posts: 10,613 ✭✭✭✭✭


    << <i>I care to a certain extent. A dealer's PNG relationship gives the customer some protection if a dispute arises and being a member can't hurt a dealer's reputation. On the other hand, there are many good dealers who are not members of the PNG. >>


    image

    PNG membership is a plus in my book - especially when I'm considering buying an expensive coin.
  • 291fifth291fifth Posts: 25,168 ✭✭✭✭✭
    If I were buying very expensive coins, maybe. However, since I don't buy very expensive coins it doesn't really make much difference to me.
    All glory is fleeting.
  • blueifalconblueifalcon Posts: 963 ✭
    No
    Ilikacoinsawholebuncha
  • TrimeTrime Posts: 1,863 ✭✭✭
    Can't say as it has mattered to me but maybe it should.
    If PNG represents a committment to enhanced ethics in the field, then it at least stands for something positive.
    It is sad to me that the coin dealing universe has such a shaky ethical foundation. Even those whose ethics are suspect by me, pine about the disreputable nature of their competitors.
    If confidence of the public were enhanced the business side of Numismatics would be on a sounder footing. There is a window of oppotunity, any takers?
    Trime
  • techefftecheff Posts: 2,285
    I care more about description accuracy. Please start there…
    image
  • TwoSides2aCoinTwoSides2aCoin Posts: 45,009 ✭✭✭✭✭
    I care about a man's integrity and his honesty. Affiliation offers assurance to an inner circle, not the outer one. I can read this in the thread , so far.

    ``https://ebay.us/m/KxolR5

  • JulianJulian Posts: 3,370 ✭✭✭
    The PNG has indeed settled many potential problems without any hassle.

    Please, if you ever have any difficulty with a PNG member, just contact the Executive Director's office.

    If you do not receive a response within a week, PLEASE let me know, by email, jmlbc@comcast.net, or by phone, 301 585 8467.
    PNG member, numismatic dealer since 1965. Operates a retail store, also has exhibited at over 1000 shows.
    I firmly believe in numismatics as the world's greatest hobby, but recognize that this is a luxury and without collectors, we can all spend/melt our collections/inventories.

    eBaystore
  • sonoranmonsoonsonoranmonsoon Posts: 2,078 ✭✭
    No.....I also do not care if my toothbrush is endorse by the American Dental Association.
  • LongacreLongacre Posts: 16,717 ✭✭✭
    I like the fact that they have ethics rules, but I am not familiar enough with the organization to know if they actually enforce those rules. In concept, it is a good organization and tends to only let in upper crust dealers, but I tend to rely on word-of-mouth more when deciding which dealer to work with.
    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)
  • bidaskbidask Posts: 14,057 ✭✭✭✭✭


    << <i>The PNG has indeed settled many potential problems without any hassle.

    Please, if you ever have any difficulty with a PNG member, just contact the Executive Director's office.

    If you do not receive a response within a week, PLEASE let me know, by email, jmlbc@comcast.net, or by phone, 301 585 8467. >>

    Thank you Julian.image
    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.




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