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Question...

waterzooeywaterzooey Posts: 412
in U.S. Coin Forum
Say I just completed a coin deal for and after the deal and I am reviewing the coins I find that one is a double die that exponentially increases the cost of one of my coins... Should I tell the person I bought it from and offer more money or hakuna matada?


thank you

John

Comments

  • RobbRobb Posts: 2,034 ✭
    You are under no obligation to.
    imageRIP
  • Musky1011Musky1011 Posts: 3,904 ✭✭✭✭
    no, it is called "cherry picking"
    Pilgrim Clock and Gift Shop.. Expert clock repair since 1844

    Menomonee Falls Wisconsin USA

    http://www.pcgs.com/SetRegistr...dset.aspx?s=68269&ac=1">Musky 1861 Mint Set
  • mrpaseomrpaseo Posts: 4,753 ✭✭✭
    Has the money already changed hands? This is a touchy subject for some, I can actually see both sides of the story (Many can). To tired for a debate right now so I'll just go with what the majority say...lol.

    I say your clear, think of it this way, many peeps search high and low to "Cherry Pick"... that means they buy a coin at a lower price knowing it is worth more. If that is alright, then your situation is fine.

    If you feel any bit guilty, remember who you purchased the coin from and when you sell it to the next fellow, cut the original seller in on the deal for say....10%. It would be a nice surprise.

    Just my two pfenning.
    Ray
  • waterzooeywaterzooey Posts: 412
    Let me clarify- I bought these sight unseen... no cherrypicking involved...

  • quarterjackquarterjack Posts: 553
    John, if you purchased them from a dealer you're clear.
    If you purchased them from an individual, i'd split the increased value 50/50 with them. image
    Just my opinion.

    Dave
    Love those toned Washingtons
  • TomBTomB Posts: 22,329 ✭✭✭✭✭
    I would think it depends upon the context. If you purchased a $100 face value bulk lot of junk silver from a dealer and then went though the bag and found a dateless 1916 SLQ then I see no problem with it. If, however, you purchased a partially complete album of mint state Washington quarters from a non-collecting co-worker who says that her late father had purchased them many years ago and you find that the 1934 Washington that you told her was worth $35 in MS64 actually turned out to be the doubled die obverse and was worth $2,500 then that is a different story.
    Thomas Bush Numismatics & Numismatic Photography

    In honor of the memory of Cpl. Michael E. Thompson

    image
  • waterzooeywaterzooey Posts: 412
    O.k. then we are good...

    then no worries...
  • rickoricko Posts: 98,724 ✭✭✭✭✭
    TomB... what an excellent example... thoughtful and accurate. Cheers, RickO
  • stinkinlincolnstinkinlincoln Posts: 2,733 ✭
    Question...



    Answer...














    image







    Like what others mentioned. Its fine as long as you know its not scamming someone or lying to them.

    Otherwise all is fair and love and coins...

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