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 Replies: 27 / Views: 4,396 |
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Moderator
 United States
23522 Posts |
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Thats it for now I will report as more develops ... Welcome to the community, and please do keep us appraised of the developments. I certainly hope they will do the right thing. |
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Locked
822 Posts |
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All auction laws carry over to the internet. Every state has pretty much the same laws that carry from the back yard to the net. That's ridiculous. If that were the case, half of ebay sellers would need an auctioneers license. |
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Bedrock of the Community
United States
20753 Posts |
As long as you've dealt with them previously you may be OK. Auction places come and go and some are a one shot deal. I went to one some time ago and bought something. Sort of an illigal sale but I did anyway. About a Month later thought I go there again and the place was gone. I met a person I went to school with at an auction once and his job was to just bid on stuff to get the prices up. Nice job. Not sure how many on line place do that but I keep away from auctions due to things like that.
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Pillar of the Community
Canada
1733 Posts |
Get back to the auctioneer RIGHT AWAY first thing before he pays out the consignee... trust me, he will want to make things right with you and it will be easier for him to do so before he pays out the consignee...
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Pillar of the Community
United States
2797 Posts |
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The "as is where is" clause is present in this documentation, but I still can't believe they would knowingly allow mis representation and counterfeits US Law stipulates that it is illegal to possess or sell copies of US Legal Tender coinage without the item being stamped "copy" or "replica" (Hobby Protection Act). If you are confident that the items are indeed counterfeit, you may want to contact an attorney if the auction house does not make this right. |
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Valued Member
 United States
71 Posts |
Thanks "SeatedNut" ... this gives me something to research and another tool to use ... Thanks !
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Pillar of the Community
United States
1882 Posts |
Lot of money on the line to be waiting 'till Monday to call...
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Valued Member
United States
71 Posts |
Is there anyone in the Twin Cities Metro area that would be willing to take a look at the 1895 Morgan and verify that it is in fact a counterfeit ? I would be willing to pay for the service ... I want to make sure that I am not accusing someone innappropriately with regards to the Morgan dollar. |
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Pillar of the Community
United States
2797 Posts |
Craig,
Do you have access to a digital scale? The minted weight of the coin was 26.73 grams. Depending on the amount of wear, I would be suspect of any coin weighing less than 26gr and undoubtedly counterfeit if 25gr or less. Anything over 27gr would also arouse suspicion.
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Pillar of the Community
United States
1571 Posts |
Have you checked the coin under a scope, to see what it looks lke? I found a cast "flowing hail",1796 dollar that looked 'funny". the scope showed the texture of the mental was griny, and when weighed, it was far below weignt. it was also magnetic! So much for "silver'.
Weigh it, and test it with a magnet. good luck, of=n what erver it turns out to be.
Dick
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Bedrock of the Community
United States
17884 Posts |
"As is where is" is fine but there is still the problem that it is illegal to sell counterfeit US coins So even if they want to stand behind the "as is where is" clause that doesn't protect them from the fact they have made an illegal sale for which they can be charged with a Federal offense. And in most states a sale can be voided if the seller is unable to provide a good and clear title to the property. This can not be done with counterfeits so you should have the right to void the sale. |
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Valued Member
United States
71 Posts |
I want to thank you all for your support ... I looked at the Hobby Protection Act and with confidence, I called the
Auction site with a "level headed" explanation along with my concerns. Within 1/2 hour of my phone call, the managers of the auction called, told me to bring in the (2) bad coins and they would "take care of me" ... sounds like they are going to stand behind their auction. I will make a final report when I get down to the auction.
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Rest in Peace
United States
5375 Posts |
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Pillar of the Community
Philippines
1156 Posts |
I find your post very interesting. stay on it and I hope you get back your money on that cast coin, it does leave a sour taste.
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Valued Member
United States
71 Posts |
As of yesterday (Mon. 5/11), the "pay order" was in the hands of accounts payable for the auction ... "the checks in the mail" is the current state of affairs ... While it seems I could have strenuously argued for and won a 100% return on my monies, I offered my own responsibility in the matter, equaling 50% of the buyers premium ($220), as the responsible course of action on my part.
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Replies: 27 / Views: 4,396 |
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Posted 04/25/2010 12:47 pm
