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Pillar of the Community
United States
2600 Posts
 Posted 08/15/2007  8:39 pm  Show Profile   Bookmark this reply Add Jim1953 to your friends list Get a Link to this Reply
Pillar of the Community
Scottishmoney's Avatar
United States
597 Posts
 Posted 08/15/2007  8:56 pm  Show Profile   Bookmark this reply Add Scottishmoney to your friends list Get a Link to this Reply
No, it is not it is more like , I have another one getting her mouth wired in the Fall.
Pillar of the Community
Amazon99's Avatar
United States
2443 Posts
 Posted 08/18/2007  10:18 pm  Show Profile   Bookmark this reply Add Amazon99 to your friends list Get a Link to this Reply
Wow, that's completely unfair and is putting a negative sign on the hobby.
Pillar of the Community
United States
2600 Posts
 Posted 08/23/2007  09:02 am  Show Profile   Bookmark this reply Add Jim1953 to your friends list Get a Link to this Reply
A story with a happy ending. I called the auction house that sold the 1923/1928 Peace dollar to see if there would be an auction this weekend and if they had any coins. In passing I asked about the 1923. The auctioneer told me that the buyer had called the next day madder than a wet hen. The auction house gave him his money back and will auction the coin at the next sale. A simple mistake corrected.
Jim
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Conder101's Avatar
United States
17884 Posts
 Posted 08/23/2007  11:43 am  Show Profile   Bookmark this reply Add Conder101 to your friends list Get a Link to this Reply
quote:
The auction house gave him his money back and will auction the coin at the next sale. A simple mistake corrected.


I'm impressed because it probably means that the auction house will eat the loss on that coin (Unless they sell it again as a 28.) They have probably already settled with the consigners for the auction so the refund for the "1928" came out of their pocket. I'm sure they can't go back to the consigner and ask him for the money back, it was the auction houses mistake in the catalog not the consigners.
Bedrock of the Community
biokemist6's Avatar
United States
12437 Posts
 Posted 08/23/2007  12:44 pm  Show Profile   Bookmark this reply Add biokemist6 to your friends list Get a Link to this Reply
Good to know that they did have a shred of decency. It would have been one thing if the 1928 was only worth a little bit more than a 1923, but the 1928 is easily worth 10-20x more and that makes a misprint/error all the more crucial. Of course my question is why in the heck is a dirt common 1923 Peace dollar being auctioned in the first place
Pillar of the Community
United States
2600 Posts
 Posted 08/24/2007  10:57 am  Show Profile   Bookmark this reply Add Jim1953 to your friends list Get a Link to this Reply
Bio, at least at the estate auctions around here, the selection of coins at any particular auction will run the gambit. There will be everything from high quality and rare keys to complete junk. I believe the reason is that when someone settles an estate thru a auction house, they sell everything. No one goes thru the inventory to determine if it even has any true value. I have seen ordinary change sold at auction as bag lot. My guess is that the person whose estate is being sold had some pocket change in their desk drawer. When the auction people come in and move everything to the auction sight, contents from the drawer is separated and sold with no concern for what it is. They get a percentage and that is all that matters. I once bought of bag of pocket change containing a little over $5 for $2. Spent it on gas on the way home.
Jim
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