Best Chance At Saving Something

It says in your profile that both you AND YOUR WIFE are officers of a coin club and own a coin shop. Seems like she wouldn't want to part with any of the collection either if it's her hobby as well. Losses are also an unfortunate part of doing business. If this loss hasn't put you in debt financially, I'd suggest just moving on without selling anything, take the write-off on your taxes, and deal with your wife's anger for a while. She'll get over it.

This part is none of my business, but it's something to think about. If she's serious about divorcig you over a loss on some coins, there's probably a lot more underlying problems between the two of you...people don't give up on a marriage over a one-time loss.

I dont mean to be rude but when I clicked on your profile, there were a couple of other topics where it sounds like your wife is forcing you to do something. It comes across as she is calling the shots when in a marriage, it should be a partnership. So maybe there are issues bigger than a couple of bogus gold coins purchased? Again, not trying to be rude, but in a relationship there has to be some give and take and it is coming across that you are getting the short end on a couple of coin issues. I am not trying to be judgmental but trying to help you see that maybe help is needed beyond what people can offer in this forum. Good luck with everything.

Okay, with the gold coins, I completely messed up. I sometimes like to think I know everything about U.S. coinage when my specialty is really just a small section. Our shop is small and we have very little gold and it is almost always the modern eagles and occasionally one from the late 1800s. This guy came into our shop and presented two "gold" coins. They were old and appeared to be foriegn. Upon closer examination I noticed some English around the rim that said "Commemorating the Panama Canal 1915" San Fransisco and a bunch of Roman Numerals. I had to use every ounce of effort not to grin from ear to ear because I know those gold Panama Commems go for big money. I didn't open the book because I thought I didn't have to. I made an offer and we began to haggle and long story short the guy walked out with a Roll of Morgan dollars, two rolls of Walking Liberty halves and 1300.00, part of which was set aside for my house payment. I cannot get the money back because it was my mistake and I have no idea where this guy is or who he is. Even if I did he would refuse to give it back and by the time I got it it would be too late.
So you see I really messed up and the wife had to go borrow 800.00 to keep us going and we now have only 4 Morgans and 6 walkers in our little shop. I really put everyone in a bind and I feel awful. The only thing we could think of that would bring that amount that quickly and not affect the shop any further was to sell some personal coins. Thank you for your replies.

Phil, there is not a coin made worth the love and trust of your wife. Put your arm around her and explain how it happened and what you are going to do to insure that it does not happen again. She does not want to hurt you, she has just lost confidence. Do what it takes to fix the problem and be more careful, she is the most precious thing you have along with children.
JIm

You will not like this, but you are not being fair with your wife, or yourself! You said:
"I will not part with the Mercury dimes, she can get out now if it comes to that",. That is not the best position to take. You did not confer with her on the purchase, and that is not what "Partners" do She is "suffering a loss" because of your actions. She had to borrow money to keep the store afloat. What is her partner going to do? Own up to the mistake, and peplace the $800.00 she had to borrow, and apoliogize for being too "one-sided "with your interests. A marriage is something that takes a lot og GIVE, and take! My suggestion is, if it comes down to selling the "mercurys" then what are you waiting for? I would not risk losing my wife of 53 years, over a bunch of coins, and especially over a big mistake on my part. I'm sorry, if this offends, but one must face facts. The fact: You messed up! Admit it, and ask the wife to forgive, and help you forget!
Dick

I'm sorry To here about the situation you are in. I believe just about everyone here has been had at least once or maybe twice. My suggestion just short of selling your coin sets. Find a good pawn shop and pawn all that is not needed in your possession. If you don't return to claim it's no big deal because it's not more important than the situation you're in.

I am speechless for a true solution but I have to tell you what I do in my business when I make a mistake on the purchase price. I figure out the real selling price, offer my salesman a minimal but fair commission to move it and I sell it at what it's worth. Then, I pursue something that will really make me (and my salesman) a decent profit. In other words, dump it and find something you can make money on. Then, don't do it again! This is a lesson you will have to learn more than once but when it takes, it takes :)