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Returns To A Coin Dealer: What Would You Do?

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United States
6563 Posts
 Posted 09/10/2009  11:53 pm  Show Profile   Check GO's eBay Listings Bookmark this reply Add GO to your friends list
I'd defiantly show it to him but I'd keep it mainly for the fact that it has been "several years". If it were a week or 2 then I'd trade it in for something else.
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Canada
1082 Posts
 Posted 09/11/2009  01:23 am  Show Profile   Bookmark this reply Add WpgLwr to your friends list
It's probably only an isolated incident and wasn't anything deliberate on his part.

Truthfully, if you have such a good relationship with him, don't even bother to bring it up. It was two years ago, and he may not even remember. I don't think I would jeopardize such a good relationship (and good deals in the future) over $15. Chalk it up to experience.
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United States
3499 Posts
 Posted 09/11/2009  01:44 am  Show Profile   Bookmark this reply Add Archraz to your friends list
WpgLwr- yeah I might do just that. I learned something and I have an interesting example of a high-quality fake. I just wonder when this one was made.
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United States
2797 Posts
 Posted 09/11/2009  08:46 am  Show Profile   Bookmark this reply Add SeatedNut to your friends list

Quote:
It's probably only an isolated incident and wasn't anything deliberate on his part.

Truthfully, if you have such a good relationship with him, don't even bother to bring it up. It was two years ago, and he may not even remember. I don't think I would jeopardize such a good relationship (and good deals in the future) over $15. Chalk it up to experience.


That's how I handle this, too. That's a great relationship that's not worth $15 to undermine. You can't be sure how this dealer will react to the news despite the time passed and minimal value. And you have a slightly over-priced momento.
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United States
3234 Posts
 Posted 09/11/2009  09:24 am  Show Profile   Bookmark this reply Add Prethen to your friends list
This dealer sounds like he's probably a good guy. Just talk to him about it. I agree with the other posters; talk about what you learned. Maybe it's worthwhile to keep it. It's not like you'll lose a lot on it. Heck, most of us here have had much more costly mistakes. Chances are he'll offer to exchange it or buy it back. Personally, I would value this relationship and go along with just about anything that happens (as long as he doesn't kick you out!).
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United States
2541 Posts
 Posted 09/11/2009  10:05 am  Show Profile   Bookmark this reply Add Gothic Florin to your friends list
I'd take it back, but buy something else from him in the same trip.
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Philippines
1156 Posts
 Posted 09/11/2009  10:15 am  Show Profile   Bookmark this reply Add Nic to your friends list
I once bought an 1851 US one Dollar, Indian head, Unknowingly a "replica" but the understanding was that it's genuine. I brought it back only to discuss and not return or refund, because I find that very good "fakes" are as fascinating to analyze and look at, as are real coins. Today we are in very good terms, I get great discounts and first offers on genuine hard to find coins. All because of that particular "indian" coin, cost of which, now fully recovered.
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United States
1353 Posts
 Posted 09/11/2009  10:48 am  Show Profile   Bookmark this reply Add murty to your friends list
The coin dealer has been good to you.....just forget it!
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United States
189142 Posts
 Posted 09/11/2009  11:39 am  Show Profile   Bookmark this reply Add jbuck to your friends list
Education is a lifelong endeavour. I would think that if you two have a great business relationship, he would enjoy the chance to learn something he may not already know.

If you chose to do so, make sure he is aware that this is for educational purposes and that you do not blame him or have any ill feelings about it. If he offers to buy it back, refuse and tell him $15 is nothing compared to the shared experience.

Regardless of these opinions, you should go with your gut feeling. Ask yourself what kind of relationship you have and whether or not it "can handle the truth" as it were.
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United States
6394 Posts
 Posted 09/11/2009  12:31 pm  Show Profile   Bookmark this reply Add Jaobler to your friends list
I agree with the consensus, which (I think!) is to discuss the coin with your dealer and review the features that identify it as counterfeit. Do not ask for or accept a refund and treat it as a mutual opportunity for education.

There are collectors who like counterfeits. If you don't want to keep the coin, I see nothing wrong with offering it for sale as long as you make it clear that it is a fake.

Thanks for sharing; it's a worthwhile topic for discussion!
Valued Member
United States
70 Posts
 Posted 09/11/2009  1:48 pm  Show Profile   Bookmark this reply Add snick to your friends list
Go back to the dealer, discuss the issue with him, but like other have said do not ask for a refund
Bedrock of the Community
United States
20753 Posts
 Posted 09/11/2009  9:20 pm  Show Profile   Bookmark this reply Add just carl to your friends list

Quote:

I agree with what tepritts said .
John1


If we are voting on this, add my vote here.
Valued Member
United States
53 Posts
 Posted 09/13/2009  8:37 pm  Show Profile   Bookmark this reply Add rjbjjwsl to your friends list
Having four sons, there's one thing that I believe in. Choose your battles. If you have had a long term relationship and trust him, then $15 may seem petty. Returning the coin may not affect your relationship, but, it may affect future deals or discounts. At the right time, I would mention it but not say anything about returning it.
Valued Member
United States
436 Posts
 Posted 09/22/2009  12:48 am  Show Profile   Bookmark this reply Add hippiebrian to your friends list
Like the others said, I would not ask for a refund, but would let the dealer know, as he may still be doing business with whomever originally sold him the fake, and he may need to investigate whether or not that person passed it to him knowingly or not, and if it's still going on.

Whatever you decide, do not jeopardize the relationship with what seems like a stellar dealer!
Rest in Peace
United States
2668 Posts
 Posted 09/22/2009  5:01 pm  Show Profile   Bookmark this reply Add Parklane64 to your friends list
Share the experience with your dealer, then tell him you think it's worth $20 to you.
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