Keep the coin, do nothing. Put the funds aside (savings account). If he is on the up and up he will pursue legal action at which time you can surrender the funds. I'm betting he's not on the up and up, will not come after the funds and the money you put aside will eventually get returned to whomever he stole the check from. Worst case you are where you started - a coin for sale. Best case - the guilty are afraid to come after the funds and you've got the coin and the money.
If I sent you a check for $50k, and then returned the coin, you can be darn sure I'd have my people call anyone you wanted me to in order to verify the funds and get the refund. If the other party hasn't done that, or can't get cooperation on his end, then I say sit still. You are a very savvy business man for sure and I suspect you already are doing this. You are also a very honest and decent man and you probably are feeling bad for delaying the refund, don't. The level and sophistication of scams making the rounds in today's world is unprecedented and $50k is a LOT of cabbage for anyone. If you feel like you need to make a gesture, send him a certified letter stating that the minute you have proof of liquid funds he will be issued a refund.
<< <i>I would not issue the refund using my own capital. Let the check clear and once the cash is available then issue the refund. >>
Not a good idea. Even after check clears and seller refunds money to buyer, it is very possible for the check account holder to claim forgery or unauthorized issue of check. Seller has now issued money to the buyer and now has to return additional funds to the bank to cover a bad check.
This has the marks of a scammer who is going after the money not the merchandise. (1) write a check that is either stolen or has insufficient funds (2) make purchase with the check from a seller that express mails shipment (3) return merchandice before seller knows check is bad (4) request refund from seller's funds before bad check is discovered (5) seller has issued refund to buyer (with good funds) and later has to deal with the bank taking more of his good funds to cover a bad check
I've sent a communication advising that I need something in writing from his bank/brokerage showing it being paid and that it is irrevocable or that it's been stopped and they can communicate please directly with my bank and I'll issue a refund immediately but I need something in writing.
<< <i>I've sent a communication advising that I need something in writing from his bank/brokerage showing it being paid and that it is irrevocable or that it's been stopped and they can communicate please directly with my bank and I'll issue a refund immediately but I need something in writing.
Too harsh? >>
nope.
Aren't checks supposed to clear in just few days now? Or even a few minutes or hours? Why wouldn't you have gotten an ISF notice by now if the funds were in his account? Aren't certain types of checks considered to be "good funds" at least as opposed to personal checks?
<< <i>I've sent a communication advising that I need something in writing from his bank/brokerage showing it being paid and that it is irrevocable or that it's been stopped and they can communicate please directly with my bank and I'll issue a refund immediately but I need something in writing.
Too harsh? >>
If he's a check forger, what make's you think he might not be a letter forger? Let the bank on which the check was written deal with your bank.
<< <i>I've sent a communication advising that I need something in writing from his bank/brokerage showing it being paid and that it is irrevocable or that it's been stopped and they can communicate please directly with my bank and I'll issue a refund immediately but I need something in writing.
Too harsh? >>
The consequences for mail fraud are a lot harsher, I would think. You got the coin back so he can beat that rap. Meanwhile, there is still the possibility of bank fraud. How harsh are the penalties for that crime ?
Like has been asked : Why issue a refund when no money has transferred and as long as there is no transfer of funds, the check is a promissary note, right ?
<< <i>I've sent a communication advising that I need something in writing from his bank/brokerage showing it being paid and that it is irrevocable or that it's been stopped and they can communicate please directly with my bank and I'll issue a refund immediately but I need something in writing.
Too harsh? >>
nope.
Aren't checks supposed to clear in just few days now? Or even a few minutes or hours? Why wouldn't you have gotten an ISF notice by now if the funds were in his account? Aren't certain types of checks considered to be "good funds" at least as opposed to personal checks? >>
A cleared check only means there was money in the account to cover it and that the funds have been transferred to the receiving account. It does not rule out a claim of stolen check, forgery or unauthorized use by the issuing account holder well after it has cleared. Months later your bank can take the money back from you. My rule is this: "Checks are never clear."
"New customer out of the blue calls and purchases a coin valued at 50K. ..."
I am amazed that you actually sent the coin before you ensured that you had the funds.
As to your poll, you don't have an answer for: Never. And what I mean by that (as others have suggested), I would just request that the original transaction be reversed and or voided. I would not issue a separate refund.
You could ask the buyer for references. If he's legit then he's probably bought other expensive coins so he should be able to provide you some references.
<< <i>You could ask the buyer for references. If he's legit then he's probably bought other expensive coins so he should be able to provide you some references. >>
That should have been done before even thinking about taking a personal check.
<< <i>You could ask the buyer for references. If he's legit then he's probably bought other expensive coins so he should be able to provide you some references. >>
That should have been done before even thinking about taking a personal check.
OK, by now I hope people have hammered it into you to wait until the check clears.
But you should know that just because it clears YOUR BANK doesn't mean it will clear his bank. I have heard of situations where your bank will tell you it cleared, then the check finally makes it back to his bank and they say, "we never heard of this guy" or "he only has $50 in his account".
You need to go into your bank, and with your bank manager, contact the other bank to make sure those funds are available from their bank and that the check CLEARED HIS BANK (not just yours).
I imagine if the guy was serious and felt he was in danger of losing his money, he would call his bank and put a stop on the payment. He would probably also contact an attorney, who would advise him how to proceed and will likely contact you in the near future.
If he hasn't done either of these then something's fishy.
It's definitely a good thing you've got the coin in hand, as this could have ended up far worse.
This thread is something of an eye-opener for those that use personal checks... I had no idea that a check that 'cleared' could weeks later 'unclear'. Though I haven't bought $50k coins, I have paid for coins with checks with no prior buying history or numismatic references, and I always received my coins within 2 weeks... I wonder if the sellers were a little worried before they mailed them.
<< <i>I've sent a communication advising that I need something in writing from his bank/brokerage showing it being paid and that it is irrevocable or that it's been stopped and they can communicate please directly with my bank and I'll issue a refund immediately but I need something in writing.
Too harsh? >>
nope.
Aren't checks supposed to clear in just few days now? Or even a few minutes or hours? Why wouldn't you have gotten an ISF notice by now if the funds were in his account? Aren't certain types of checks considered to be "good funds" at least as opposed to personal checks? >>
A cleared check only means there was money in the account to cover it and that the funds have been transferred to the receiving account. It does not rule out a claim of stolen check, forgery or unauthorized use by the issuing account holder well after it has cleared. Months later your bank can take the money back from you. My rule is this: "Checks are never clear." >>
The possibility for future fraud notwithstanding aren't funds supposed to transfer within a certain period of time? Seems like now it is PDQ. I know with the new requirements from a couple of years ago, many people effectively lost the float they used to have when checks generally took a couple days or more to clear.
<< <i>I think you are lucky you got your coin back. >>
It's a lot smarter to try to rip someone off for $50K cash than to try to fence a $50K coin that would raise lots of red flags. He'd be lucky to get $25K out of it IMO.
I'm amazed at all the hind site that goes on here. Why is it that this type of thing never gets discussed before the coin is shipped; only discussed after the fact with the old "WTF do I do now?" question.
Here is my opinion as to what you should do now. DO NOTHING! Wait until some lawyer comes at you looking for the money. If one never comes you'll know it was a scam and won't be surprised when the money is eventually taken from your account. If you do receive legal correspondence you have a paper trail beginning.
After all I assume you're not too interested in doing future business with Mr. "It's not shinny enough", right?
successful BST deals with Meltdown, Broadstruck, lordmarcovan, MisterTicToc, JINX86, BXBOY143, MBCOINS and others
I have a brokerage acct that has check writing privileges. I consider that a personal check. Or was this a check issued by the brokerage, similar to a bank check? If so, I don't understand why Tom was having such trouble verifying its validity.
A lot of misconceptions on this thread about checks. Just because your bank has credited your account means nothing, they assume you have done due diligence.
Your bank doesn't know when it clears, only when it doesn't.
The Check 21 Act does allow for faster clearance times, but that is optional. It depends on the the relationship between your bank, the writer's bank, and the intermediary. Slow checks are still slow and of course fraudsters rely on this.
Know the other party or maybe take a bank wire instead.
If this guy is supposedly a big dollar coin buyer, he wouldn't use "it's not shiny enough" as a reason for a return. That's something a 7 year old kid-or an ignorant scammer- would say. Red Flag. I'm in agreement with the idea of setting the funds aside in a separate account and just waiting this out; if he's legit he'll come after the money legally, you give it to him, no harm no foul. If he's a scammer then sooner or later this "check" bounces, big, and you'll not hear anything further. Under no circumstance would I refund at this point. JMHO
<< <i>I'm amazed at all the hind site that goes on here. Why is it that this type of thing never gets discussed before the coin is shipped; only discussed after the fact with the old "WTF do I do now?" question.
Here is my opinion as to what you should do now. DO NOTHING! Wait until some lawyer comes at you looking for the money. If one never comes you'll know it was a scam and won't be surprised when the money is eventually taken from your account. If you do receive legal correspondence you have a paper trail beginning.
After all I assume you're not too interested in doing future business with Mr. "It's not shinny enough", right? >>
He has the coin but not the money, so as far as he is concerned the deal never happened.
I have a brokerage acct that has check writing privileges. I consider that a personal check. Or was this a check issued by the brokerage, similar to a bank check? If so, I don't understand why Tom was having such trouble verifying its validity. >>
He just said a brokerage check so I assumed that it was not a personal check written against a brokerage account.
I have a brokerage acct that has check writing privileges. I consider that a personal check. Or was this a check issued by the brokerage, similar to a bank check? If so, I don't understand why Tom was having such trouble verifying its validity. >>
Barry it's a brokerage check. Because this may be something on-going I'm not going to post a pic of it
However there's no address or anything to search and find a number for. When I asked him initially to have someone at his bank call my banker to vouch for the check he told me that because it's a brokerage check he's not sure if anyone would do that.
If they can't I sure as hell can't and if I have to spend any more time on it I'm going to start billing for it.
You have a billing clerk in your practice Barry? I don't and please don't tell me that I need one.
For the poster who asked why is this after the fact. It isn't after the fact. I know exactly what I need to do to handle this. My invoices were written by an attorney many years ago and it spells out exactly what needs to be followed, what the invoice represents etc etc etc. I am a very transparent seller. I didn't just start in the business and while there's always new tricks being played on us, after so many years I'd like to think I'm reasonably effective at what I do. This one just struck me as strange after the fact. And so now my heels are digging in. I wanted to know how people here would react and so far I hope this has been enlightening to some who think that all we do is make the deposits and live in 20 million dollar homes on the pacific coast highway going to wine and cheese parties . There's more to it than that plus I don't drink!
A couple of answers though come from posters who I greatly respect based on how they conduct themselves, one just a couple posts ago and those posts parrallel my own thoughts exactly. Those who are weekend warriors ( yeah yeah I know what somebody else calls you) , I hope this thread is helpful, and I hope you like my nickname for you at least as much
Just received an email from my bank with a copy of a letter from the brokerage stating when the check cleared and that a stop payment cannot be requested. Case closed. The letter that couldn't be gotten before I shipped apparently could have been done. I probably have a few hours invested. I'll send a refund today.
When you think of the "insulting offer" thread and all the work you're doing on this one, I hope you're at least covering your expenses on this coin!
"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.
<< <i>When you think of the "insulting offer" thread and all the work you're doing on this one, I hope you're at least covering your expenses on this coin! >>
Well, some wonder why I don't even answer their calls or return their messages. Don't wonder, there's a reason
Here's a perfect example of how banks do not accept any responsibility. I sent my bank an email after the copy of a letter came in and here's the reply. Tell me what you all would do
Sent: Wed 9/14/2011 12:39 PM To: The Bank Subject: Re: FW: the customer
Hi Kathee
Legit? Ok to refund him?
Rgrds Tom Pilitowski
The Reply from the bank: From: The Bank To: Tom Pilitowski
You can have all the legal aspects covered on your invoices, be iron clad to boot, but when you get scammed for 50k i doubt your lawyer will put much of a scare into the scammer with no money or assets to go after.
Mark NGC registry V-Nickel proof #6!!!! working on proof shield nickels # 8 with a bullet!!!!
<< <i>When you think of the "insulting offer" thread and all the work you're doing on this one, I hope you're at least covering your expenses on this coin! >>
Well, some wonder why I don't even answer their calls or return their messages. Don't wonder, there's a reason
Here's a perfect example of how banks do not accept any responsibility. I sent my bank an email after the copy of a letter came in and here's the reply. Tell me what you all would do >>
What would I do? I would refund him with an ACH. If he is legit, he will be happy to receive next day funds availabilty. If the original check gets returned, you can reverse the ACH (up to months later). Use the quirks of the banking system to your advantage. Get in touch with a compentent person at your bank to advise you on items like this.
Comments
Velocity, Not Valuation Defines A Bubble.
Doggedly collecting coins of the Central American Republic.
Visit the Society of US Pattern Collectors at USPatterns.com.
Velocity, Not Valuation Defines A Bubble.
<< <i>I would not issue the refund using my own capital. Let the check clear and once the cash is available then issue the refund. >>
Absolutely this. Or just tell him to put a stop payment on the check he sent.
If I sent you a check for $50k, and then returned the coin, you can be darn sure I'd have my people call anyone you wanted me to in order to verify the funds and get the refund. If the other party hasn't done that, or can't get cooperation on his end, then I say sit still. You are a very savvy business man for sure and I suspect you already are doing this. You are also a very honest and decent man and you probably are feeling bad for delaying the refund, don't. The level and sophistication of scams making the rounds in today's world is unprecedented and $50k is a LOT of cabbage for anyone. If you feel like you need to make a gesture, send him a certified letter stating that the minute you have proof of liquid funds he will be issued a refund.
In any event, all the best to you sir!
<< <i>
<< <i>I would not issue the refund using my own capital. Let the check clear and once the cash is available then issue the refund. >>
Absolutely this. Or just tell him to put a stop payment on the check he sent. >>
Yep. If his check hasn't cleared he isn't due a refund.
<< <i>I would not issue the refund using my own capital. Let the check clear and once the cash is available then issue the refund. >>
Not a good idea. Even after check clears and seller refunds money to buyer, it is very possible for the check account holder to claim forgery or unauthorized issue of check. Seller has now issued money to the buyer and now has to return additional funds to the bank to cover a bad check.
This has the marks of a scammer who is going after the money not the merchandise.
(1) write a check that is either stolen or has insufficient funds
(2) make purchase with the check from a seller that express mails shipment
(3) return merchandice before seller knows check is bad
(4) request refund from seller's funds before bad check is discovered
(5) seller has issued refund to buyer (with good funds) and later has to deal with the bank taking more of his good funds to cover a bad check
Velocity, Not Valuation Defines A Bubble.
Too harsh?
Coin's for sale/trade.
Tom Pilitowski
US Rare Coin Investments
800-624-1870
<< <i>I've sent a communication advising that I need something in writing from his bank/brokerage showing it being paid and that it is irrevocable or that it's been stopped and they can communicate please directly with my bank and I'll issue a refund immediately but I need something in writing.
Too harsh? >>
nope.
Aren't checks supposed to clear in just few days now? Or even a few minutes or hours? Why wouldn't you have gotten an ISF notice by now if the funds were in his account? Aren't certain types of checks considered to be "good funds" at least as opposed to personal checks?
<< <i>I've sent a communication advising that I need something in writing from his bank/brokerage showing it being paid and that it is irrevocable or that it's been stopped and they can communicate please directly with my bank and I'll issue a refund immediately but I need something in writing.
Too harsh? >>
If he's a check forger, what make's you think he might not be a letter forger? Let the bank on which the check was written deal with your bank.
Velocity, Not Valuation Defines A Bubble.
<< <i>I've sent a communication advising that I need something in writing from his bank/brokerage showing it being paid and that it is irrevocable or that it's been stopped and they can communicate please directly with my bank and I'll issue a refund immediately but I need something in writing.
Too harsh? >>
The consequences for mail fraud are a lot harsher, I would think. You got the coin back so he can beat that rap. Meanwhile, there is still the possibility of bank fraud. How harsh are the penalties for that crime ?
Like has been asked : Why issue a refund when no money has transferred and as long as there is no transfer of funds, the check is a promissary note, right ?
``https://ebay.us/m/KxolR5
<< <i>
<< <i>I've sent a communication advising that I need something in writing from his bank/brokerage showing it being paid and that it is irrevocable or that it's been stopped and they can communicate please directly with my bank and I'll issue a refund immediately but I need something in writing.
Too harsh? >>
nope.
Aren't checks supposed to clear in just few days now? Or even a few minutes or hours? Why wouldn't you have gotten an ISF notice by now if the funds were in his account? Aren't certain types of checks considered to be "good funds" at least as opposed to personal checks? >>
A cleared check only means there was money in the account to cover it and that the funds have been transferred to the receiving account. It does not rule out a claim of stolen check, forgery or unauthorized use by the issuing account holder well after it has cleared. Months later your bank can take the money back from you. My rule is this: "Checks are never clear."
Velocity, Not Valuation Defines A Bubble.
I am amazed that you actually sent the coin before you ensured that you had the funds.
As to your poll, you don't have an answer for: Never. And what I mean by that (as others have suggested), I would just request that the original transaction be reversed and or voided. I would not issue a separate refund.
Joe.
Franklin-Lover's Forum
<< <i>You could ask the buyer for references. If he's legit then he's probably bought other expensive coins so he should be able to provide you some references. >>
That should have been done before even thinking about taking a personal check.
Derryb has all the right answers above.
<< <i>
<< <i>You could ask the buyer for references. If he's legit then he's probably bought other expensive coins so he should be able to provide you some references. >>
That should have been done before even thinking about taking a personal check.
Derryb has all the right answers above. >>
It wasn't a personal check.
But you should know that just because it clears YOUR BANK doesn't mean it will clear his bank. I have heard of situations where your bank will tell you it cleared, then the check finally makes it back to his bank and they say, "we never heard of this guy" or "he only has $50 in his account".
You need to go into your bank, and with your bank manager, contact the other bank to make sure those funds are available from their bank and that the check CLEARED HIS BANK (not just yours).
Steve
Coin's for sale/trade.
Tom Pilitowski
US Rare Coin Investments
800-624-1870
If he hasn't done either of these then something's fishy.
It's definitely a good thing you've got the coin in hand, as this could have ended up far worse.
This thread is something of an eye-opener for those that use personal checks... I had no idea that a check that 'cleared' could weeks later 'unclear'. Though I haven't bought $50k coins, I have paid for coins with checks with no prior buying history or numismatic references, and I always received my coins within 2 weeks... I wonder if the sellers were a little worried before they mailed them.
``https://ebay.us/m/KxolR5
<< <i>
<< <i>
<< <i>I've sent a communication advising that I need something in writing from his bank/brokerage showing it being paid and that it is irrevocable or that it's been stopped and they can communicate please directly with my bank and I'll issue a refund immediately but I need something in writing.
Too harsh? >>
nope.
Aren't checks supposed to clear in just few days now? Or even a few minutes or hours? Why wouldn't you have gotten an ISF notice by now if the funds were in his account? Aren't certain types of checks considered to be "good funds" at least as opposed to personal checks? >>
A cleared check only means there was money in the account to cover it and that the funds have been transferred to the receiving account. It does not rule out a claim of stolen check, forgery or unauthorized use by the issuing account holder well after it has cleared. Months later your bank can take the money back from you. My rule is this: "Checks are never clear." >>
The possibility for future fraud notwithstanding aren't funds supposed to transfer within a certain period of time? Seems like now it is PDQ. I know with the new requirements from a couple of years ago, many people effectively lost the float they used to have when checks generally took a couple days or more to clear.
<< <i>I think you are lucky you got your coin back. >>
It's a lot smarter to try to rip someone off for $50K cash than to try to fence a $50K coin that would raise lots of red flags. He'd be lucky to get $25K out of it IMO.
Here is my opinion as to what you should do now. DO NOTHING! Wait until some lawyer comes at you looking for the money. If one never comes you'll know it was a scam and won't be surprised when the money is eventually taken from your account. If you do receive legal correspondence you have a paper trail beginning.
After all I assume you're not too interested in doing future business with Mr. "It's not shinny enough", right?
<< <i>It wasn't a personal check. >>
I have a brokerage acct that has check writing privileges. I consider that a personal check. Or was this a check issued by the brokerage, similar to a bank check? If so, I don't understand why Tom was having such trouble verifying its validity.
Your bank doesn't know when it clears, only when it doesn't.
The Check 21 Act does allow for faster clearance times, but that is optional. It depends on the the relationship between your bank, the writer's bank, and the intermediary. Slow checks are still slow and of course fraudsters rely on this.
Know the other party or maybe take a bank wire instead.
I'm in agreement with the idea of setting the funds aside in a separate account and just waiting this out; if he's legit he'll come after the money legally, you give it to him, no harm no foul.
If he's a scammer then sooner or later this "check" bounces, big, and you'll not hear anything further.
Under no circumstance would I refund at this point.
JMHO
RIP Mom- 1932-2012
<< <i>I'm amazed at all the hind site that goes on here. Why is it that this type of thing never gets discussed before the coin is shipped; only discussed after the fact with the old "WTF do I do now?" question.
Here is my opinion as to what you should do now. DO NOTHING! Wait until some lawyer comes at you looking for the money. If one never comes you'll know it was a scam and won't be surprised when the money is eventually taken from your account. If you do receive legal correspondence you have a paper trail beginning.
After all I assume you're not too interested in doing future business with Mr. "It's not shinny enough", right? >>
He has the coin but not the money, so as far as he is concerned the deal never happened.
<< <i>
<< <i>It wasn't a personal check. >>
I have a brokerage acct that has check writing privileges. I consider that a personal check. Or was this a check issued by the brokerage, similar to a bank check? If so, I don't understand why Tom was having such trouble verifying its validity. >>
He just said a brokerage check so I assumed that it was not a personal check written against a brokerage account.
<< <i>
<< <i>It wasn't a personal check. >>
I have a brokerage acct that has check writing privileges. I consider that a personal check. Or was this a check issued by the brokerage, similar to a bank check? If so, I don't understand why Tom was having such trouble verifying its validity. >>
Barry it's a brokerage check. Because this may be something on-going I'm not going to post a pic of it
However there's no address or anything to search and find a number for. When I asked him initially to have someone at his bank call my banker to vouch for the check he told me that because it's a brokerage check he's not sure if anyone would do that.
If they can't I sure as hell can't and if I have to spend any more time on it I'm going to start billing for it.
You have a billing clerk in your practice Barry? I don't and please don't tell me that I need one.
For the poster who asked why is this after the fact. It isn't after the fact. I know exactly what I need to do to handle this. My invoices were written by an attorney many years ago and it spells out exactly what needs to be followed, what the invoice represents etc etc etc. I am a very transparent seller. I didn't just start in the business and while there's always new tricks being played on us, after so many years I'd like to think I'm reasonably effective at what I do. This one just struck me as strange after the fact. And so now my heels are digging in. I wanted to know how people here would react and so far I hope this has been enlightening to some who think that all we do is make the deposits and live in 20 million dollar homes on the pacific coast highway going to wine and cheese parties . There's more to it than that plus I don't drink!
A couple of answers though come from posters who I greatly respect based on how they conduct themselves, one just a couple posts ago and those posts parrallel my own thoughts exactly. Those who are weekend warriors ( yeah yeah I know what somebody else calls you) , I hope this thread is helpful, and I hope you like my nickname for you at least as much
Just received an email from my bank with a copy of a letter from the brokerage stating when the check cleared and that a stop payment cannot be requested. Case closed. The letter that couldn't be gotten before I shipped apparently could have been done. I probably have a few hours invested. I'll send a refund today.
Coin's for sale/trade.
Tom Pilitowski
US Rare Coin Investments
800-624-1870
RIP Mom- 1932-2012
<< <i>When you think of the "insulting offer" thread and all the work you're doing on this one, I hope you're at least covering your expenses on this coin!
Well, some wonder why I don't even answer their calls or return their messages. Don't wonder, there's a reason
Here's a perfect example of how banks do not accept any responsibility. I sent my bank an email after the copy of a letter came in and here's the reply. Tell me what you all would do
Sent: Wed 9/14/2011 12:39 PM
To: The Bank
Subject: Re: FW: the customer
Hi Kathee
Legit? Ok to refund him?
Rgrds
Tom Pilitowski
The Reply from the bank:
From: The Bank
To: Tom Pilitowski
according to his bank, looks ok
Coin's for sale/trade.
Tom Pilitowski
US Rare Coin Investments
800-624-1870
RIP Mom- 1932-2012
NGC registry V-Nickel proof #6!!!!
working on proof shield nickels # 8 with a bullet!!!!
RIP "BEAR"
<< <i>Gosh, it's tough being a coin dealer. Lots of stress and all. >>
That's because you doctors have people to do your billing
<< <i>
<< <i>When you think of the "insulting offer" thread and all the work you're doing on this one, I hope you're at least covering your expenses on this coin!
Well, some wonder why I don't even answer their calls or return their messages. Don't wonder, there's a reason
Here's a perfect example of how banks do not accept any responsibility. I sent my bank an email after the copy of a letter came in and here's the reply. Tell me what you all would do
>>
What would I do? I would refund him with an ACH. If he is legit, he will be happy to receive next day funds availabilty. If the original check gets returned, you can reverse the ACH (up to months later). Use the quirks of the banking system to your advantage. Get in touch with a compentent person at your bank to advise you on items like this.
merse
<< <i>
<< <i>Gosh, it's tough being a coin dealer. Lots of stress and all. >>
That's because you doctors have people to do your billing
Coin's for sale/trade.
Tom Pilitowski
US Rare Coin Investments
800-624-1870
92
Coin's for sale/trade.
Tom Pilitowski
US Rare Coin Investments
800-624-1870