It is probably a less than perfect specimen that someone returned for a refund.
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
<< <i>And certainly NO ONE here would want a "less than perfect" specimen..... Cheers, RickO >>
Some folks will order several proofs and only keep the ones that have a good shot at getting a 70 at the grading services and send the rest back for a refund. Is this right? I'll let you decide.
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
Some folks will order several proofs and only keep the ones that have a good shot at getting a 70 at the grading services and send the rest back for a refund. Is this right? I'll let you decide.
I vote NO. Fresh coins should be in commercially reasonable condition, and any coin that would grade 69 is commercially reasonable. Absent serious condition issues that indicate mishandling, I think it's unethical to return. Those who do will make arguments to justify their behavior, but just because you can do something doesn't mean you should; the return privilege should be used to correct a problem, not to cherrypick. If you are unwilling to accept anything lower than a 70, either buy a quantity with the understanding that you will end up with some 69s, or just buy a graded coin.
<< <i>If you are unwilling to accept anything lower than a 70, either buy a quantity with the understanding that you will end up with some 69s, or just buy a graded coin. >>
But that will eat into the profits!
New collectors, please educate yourself before spending money on coins; there are people who believe that using numismatic knowledge to rip the naïve is what this hobby is all about.
Comments
Hoard the keys.
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
<< <i>And certainly NO ONE here would want a "less than perfect" specimen.....
Some folks will order several proofs and only keep the ones that have a good shot at getting a 70 at the grading services and send the rest back for a refund. Is this right? I'll let you decide.
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
I vote NO. Fresh coins should be in commercially reasonable condition, and any coin that would grade 69 is commercially reasonable. Absent serious condition issues that indicate mishandling, I think it's unethical to return. Those who do will make arguments to justify their behavior, but just because you can do something doesn't mean you should; the return privilege should be used to correct a problem, not to cherrypick. If you are unwilling to accept anything lower than a 70, either buy a quantity with the understanding that you will end up with some 69s, or just buy a graded coin.
<< <i>If you are unwilling to accept anything lower than a 70, either buy a quantity with the understanding that you will end up with some 69s, or just buy a graded coin. >>
But that will eat into the profits!
New collectors, please educate yourself before spending money on coins; there are people who believe that using numismatic knowledge to rip the naïve is what this hobby is all about.