<< <i>A seller who won't stand behind what he sells is a seller that I don't want to do business with. >>
Does not sound like this is a dealer selling the coin. If i had a 5 figure coin i am not sending it out on approval to ANYONE. I would not accept paypal or checks. If i thought i truly wanted the coin, i would make time to go see in person or arrange to have someone i trust to go for me. I would not sell it with a return either, you should come and see in person or i might meet you part way. If you or your agent could not decide in 1 hour if you wanted the coin, i do not want to deal with you. Once it leaves my sight it is non returnable. I can not control what you do with the coin after that. You could,crack it out, clean it, gas it, replace with a cheaper coin or.....
I have driven to Kansas to look at a dump truck, flown to Denver to cash a 20k check, flown to Houston to cash a check and many more. I would rather make time than have to deal with a potential headache later.
I had to drive 400 miles a few years back to get my son his SRT4 when he turned 16, for 2 months solid there were no yellow ones around local and my wife thought we all needed matching yellow vehicles lol. Our garage was a sea of yellow for a few years, yellow corvette, yellow powerstoke, yellow monte Carlo ss and the yellow SRT4. (10 days later after driving 400 miles each way to get the car, 4 were for sale within 50 miles)
There are so many scams and scammers out there that you got to decide what your comfort level is, what you are willing to lose. You can not put much faith in police, banks or others to right a wrong anymore. Department cutbacks etc and just does not happen. I had 30k worth of ATV's, UTV's stolen last year and i ask the police outright how much time and effort they were going to put in on finding them. Basicly the report was it.
Mark NGC registry V-Nickel proof #6!!!! working on proof shield nickels # 8 with a bullet!!!!
I'd never send a large amount without the possibility for recourse if things go bad...if you do so, you should be prepared to lose that amount of money. Even those who seem to have a reputable reputation can turn bad, as I recently learned on a board transaction
Collecting 1970s Topps baseball wax, rack and cello packs, as well as PCGS graded Half Cents, Large Cents, Two Cent pieces and Three Cent Silver pieces.
<< <i>You could,crack it out, clean it, gas it, replace with a cheaper coin or..... >>
I would think that it's obvious that once a coin is cracked out of a slab that it's not returnable.
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
On a big coin or note for that matter. Anyone with a good amount of positive references and willing to complete the deal on paypal SHOULD get a return policy. Something simple like the coin doesnt leave the holder its in and they seal it. But really once you see something you like a return policy is a must. and should be a given. IF not your hiding something. Just do what many should be doing when they see a wreck on the highway stay focused on the road dont look back and set your sights on whats in front of you ( your next coin). If they really want to sell and are really serious they will come down from the fantasy world and work with you. Hand inspection should be possible but if they dont know you from adam i can see why even as a well known person they would be kinda iffy. But a return policy is a must.
Hope this helps
Founder of the NDCCA. *WAM Count : 025. *NDCCA Database Count : 2,610. *You suck 6/24/10. In memory of Tiggar 5/21/1994 - 5/28/2010
Even if the seller had offered a return policy, would you have believed him? Why should you trust him, if he does not have a public reputation to protect? You are trying to impose dealer level requirements on a guy who is just a collector.
Would you believe he would ship you the coin if you sent him a check?
What happens if the coin is lost in transit?
These are all risks that somebody has to bear when trying to do a remote deal.
Andy's solution is best - you need a (trusted) agent in the location to do the deal for you, who can verify the grade/quality so that you don't need a return policy. If your requirements are more subjective and can't be communicated clearly to the agent, the agent solution won't work. You would also pay the agent a fee for his time/skills.
Another option would be a nonrefundable deposit, so you can look at the coin, but still pay the seller some minimum amount for his time/effort/risk. Some amount less than the cost of a plane ticket and your time, and something close to what you should pay a local agent.
"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.
With so many scams out there, it is indeed difficult to know who to trust these days. Under the circumstances as you presented them, you did the right thing. Move on & forget about it. You just didn't want the coin bad enough, and the seller didn't want to sell it bad enough. Desire. It's always about desire, or lack thereof.
"The only place success comes before work is in the dictionary."
I was in a similar situation 5 years ago. I met the other party at a restaurant half way between each of our homes over a holiday weekend. It worked out fine for all.
<< <i>You could,crack it out, clean it, gas it, replace with a cheaper coin or..... >>
I would think that it's obvious that once a coin is cracked out of a slab that it's not returnable. >>
I totally agree but that does not mean some would not try. I have sold enough different stuff on ebay that you can not dream up all the ways stuff can go wrong. I had a guy take a powered sub woofer apart and sent it back in 100's of pieces 3 months later.
Mark NGC registry V-Nickel proof #6!!!! working on proof shield nickels # 8 with a bullet!!!!
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
A return privilege is only as good as the seller's word. I learned that the hard way when I went forward with a coin deal only after the seller made an exception to their no returns policy. Unfortunately, when the coin failed to measure up to the hype, they refused to answer any communications from me until the return privilege deadline passed. How convenient. If you have any doubts about a seller, certainly don't count on their word to carry you through.
<< <i> A seller who won't stand behind what he sells is a seller that I don't want to do business with.
Fair enough. But most of us would deal with the Devil himself if he had the right coin at the right price. >>
1) Several dealers come to mind whom I find so distasteful that if they offered me a real 1804 $ at melt, I would still refuse to do business with them.
2) Ankur - This seems like too much of a pain in the a** to me. Unless you're in TDN's league, chances are if you can't find what you want from this guy, you can find it elsewhere, if you're patient.
3) Only if the potential seller offered a return privilege, I'd recommend hiring a mutually trusted person to view said coin and use that individual as an escrow to exchange funds for the coin. I would not travel to buy a coin. I waited 8 years to find a nice Bust $.
"Vou invadir o Nordeste, "Seu cabra da peste, "Sou Mangueira......."
Comments
<< <i>A seller who won't stand behind what he sells is a seller that I don't want to do business with. >>
Does not sound like this is a dealer selling the coin. If i had a 5 figure coin i am not sending it out on approval to ANYONE. I would not accept paypal or checks. If i thought i truly wanted the coin, i would make time to go see in person or arrange to have someone i trust to go for me. I would not sell it with a return either, you should come and see in person or i might meet you part way. If you or your agent could not decide in 1 hour if you wanted the coin, i do not want to deal with you. Once it leaves my sight it is non returnable. I can not control what you do with the coin after that. You could,crack it out, clean it, gas it, replace with a cheaper coin or.....
I have driven to Kansas to look at a dump truck, flown to Denver to cash a 20k check, flown to Houston to cash a check and many more. I would rather make time than have to deal with a potential headache later.
I had to drive 400 miles a few years back to get my son his SRT4 when he turned 16, for 2 months solid there were no yellow ones around local and my wife thought we all needed matching yellow vehicles lol. Our garage was a sea of yellow for a few years, yellow corvette, yellow powerstoke, yellow monte Carlo ss and the yellow SRT4. (10 days later after driving 400 miles each way to get the car, 4 were for sale within 50 miles)
There are so many scams and scammers out there that you got to decide what your comfort level is, what you are willing to lose. You can not put much faith in police, banks or others to right a wrong anymore. Department cutbacks etc and just does not happen. I had 30k worth of ATV's, UTV's stolen last year and i ask the police outright how much time and effort they were going to put in on finding them. Basicly the report was it.
NGC registry V-Nickel proof #6!!!!
working on proof shield nickels # 8 with a bullet!!!!
RIP "BEAR"
Collecting 1970s Topps baseball wax, rack and cello packs, as well as PCGS graded Half Cents, Large Cents, Two Cent pieces and Three Cent Silver pieces.
<< <i>You could,crack it out, clean it, gas it, replace with a cheaper coin or..... >>
I would think that it's obvious that once a coin is cracked out of a slab that it's not returnable.
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
Hope this helps
Why should you trust him, if he does not have a public reputation to protect?
You are trying to impose dealer level requirements on a guy who is just a collector.
Would you believe he would ship you the coin if you sent him a check?
What happens if the coin is lost in transit?
These are all risks that somebody has to bear when trying to do a remote deal.
Andy's solution is best - you need a (trusted) agent in the location to do the deal for you,
who can verify the grade/quality so that you don't need a return policy.
If your requirements are more subjective and can't be communicated clearly to the agent,
the agent solution won't work.
You would also pay the agent a fee for his time/skills.
Another option would be a nonrefundable deposit, so you can look at the coin,
but still pay the seller some minimum amount for his time/effort/risk.
Some amount less than the cost of a plane ticket and your time, and something
close to what you should pay a local agent.
With so many scams out there, it is indeed difficult to know who to trust these days. Under the circumstances as you presented them, you did the right thing. Move on & forget about it. You just didn't want the coin bad enough, and the seller didn't want to sell it bad enough. Desire. It's always about desire, or lack thereof.
"The only place success comes before work is in the dictionary."
~ Vince Lombardi
<< <i>
<< <i>You could,crack it out, clean it, gas it, replace with a cheaper coin or..... >>
I would think that it's obvious that once a coin is cracked out of a slab that it's not returnable. >>
I totally agree but that does not mean some would not try. I have sold enough different stuff on ebay that you can not dream up all the ways stuff can go wrong. I had a guy take a powered sub woofer apart and sent it back in 100's of pieces 3 months later.
NGC registry V-Nickel proof #6!!!!
working on proof shield nickels # 8 with a bullet!!!!
RIP "BEAR"
<< <i>Hexsnow >>
Huh?
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
policy. Unfortunately, when the coin failed to measure up to the hype, they refused to answer any communications from me until the return privilege deadline passed. How convenient.
If you have any doubts about a seller, certainly don't count on their word to carry you through.
roadrunner
<< <i> A seller who won't stand behind what he sells is a seller that I don't want to do business with.
Fair enough. But most of us would deal with the Devil himself if he had the right coin at the right price. >>
1) Several dealers come to mind whom I find so distasteful that if they offered me a real 1804 $ at melt, I would still refuse to do business with them.
2) Ankur - This seems like too much of a pain in the a** to me. Unless you're in TDN's league, chances are if you can't find what you want from this guy, you can find it elsewhere, if you're patient.
3) Only if the potential seller offered a return privilege, I'd recommend hiring a mutually trusted person to view said coin and use that individual as an escrow to exchange funds for the coin. I would not travel to buy a coin. I waited 8 years to find a nice Bust $.
"Seu cabra da peste,
"Sou Mangueira......."