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Replies: 21 / Views: 2,807 |
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Valued Member
 United States
57 Posts |
I really want to keep it, not to sell it for the substantial profit which would be huge....but it is absolutley beautiful and a coin I would like to keep looking at for a long time.
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Valued Member
United Kingdom
188 Posts |
I think you should keep it then. I don't think any of us here would judge you regardless of what you do. The circumstances are exceptional and in your favour.
It's the cherrypick of a lifetime.
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Pillar of the Community
United States
2724 Posts |
quote: Originally posted by TerrapinWill
I really want to keep it
Then pay the difference. It sounds as if you have already made up your mind on this matter.
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Pillar of the Community
United States
1247 Posts |
What is the value of the coin in MS62 or 63? Maybe the the coin in the holder is overgraded. Are there rubs on it? AU58s can often deceive people. Weren't others bidding against you for this coin? Maybe you did get a cherry but I'd do a lot of double checking first if were me. Make sure your the hunter in this and not the hunted. Coin dealers often miss valuable varieties because they are too busy or too lazy to check. But what your describing is a more obvious blunder that dealers typically don't make. But if you got a cherry you have to do what suits your conscious. The other camp says that dealers are suppose to know their business and if they don't there's no incentive for them or anyone else to learn from their mistakes if they are coddled and "victimized."
The most expensive blunder I ever heard of was a rock collector who around 1983 or maybe late 1982 cherried a 5 million dollar emerald for $10 from a minerals & rock dealer. It didn't take the collector more than a few seconds of looking to realize what he had so why couldn't the dealer have done the same thing?
Your icon looks like a military insignia. What unit is it?
Edited by longnine009 06/10/2005 5:40 pm
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Pillar of the Community
Australia
1091 Posts |
Just my thoughts...Correct me if I'm wrong. This coin was put on an ebay auction. The starting bid was low. Others had the opportunity to examine the picture and bid on this coin. So even if you had bid $1000 on this coin and the second highest bidder bid was $42 then you would still have won this coin for $43. Thats the auction. You have done nothing wrong. Perhaps the seller bought this coin from someone else at a very low price both never realising it's value. The seller was happy with the sale if not the seller could have withdrawn the sale. There is a news story about a nice lady who bought an old stove. as it was being loaded on her truck found it was full of old coins. She kept them. It's all part of the treasure hunt. https://goccf.com/t/1374I think this is every coin collectors dream. To get a real treasure for a low price.  It's every dealer's nightmare to sell a treasure at a low price. 
Edited by toast 06/10/2005 10:06 pm
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Valued Member
 United States
57 Posts |
Still no contact from the seller, after two emails. I have done my best to give seller a chance. At this point I feel OK about keeping the coin.
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Rest in Peace
United States
2684 Posts |
Just to add my two FE cents worth, my Boy Scouting background would require that I contact the seller and advise him of the apparent discrepancy; after that, negotiations might lead me to either send it back or to offer him a higher price. This is just me; others might do differently. Since you bought the coin fair and square, you are under no legal obligation to advise the seller that he made a mistake. Of course, this presumes the coin is authentic and is as represented in the slab which, if it's PCGS, is almost certainly as described. Since you've already notified the seller and he apparently has failed to respond, I would think that you have fulfilled your ethical and moral obligations and should keep the coin with no guilty conscience. Every once in awhile, it's nice to see a little guy win one. 
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Rest in Peace
United States
2884 Posts |
Terrapin Will, I have been watching this post to see what others thought and most importantly, what you thought. This is obviously causing a moral dilemma for you. You attempted to square this dilemma by doing everything but tell the seller the simple truth! That of course being that a drastic mistake was made on the true value of the coin. Do not embarrass him with his mistake! No need to be cryptic, just describe the situation as you have here and see what he says. It should not matter whether or not the person knew better, you now do. Once you have done this, based on his response or lack of one, you then will then have done all you can do. I always seek to appeal to people’s sense of fair play, and from what I read in your posts, I think that is what you seek to do as well. Our opinions are just that, opinions. Try not to seek justification for something you think may be wrong. It's not fair to you, and it can be hard on those you ask.(not wanting to make you feel bad) The only right answer is yours . You know in your heart what's best for you and I'm sure you will do the right thing! Remember the "Man in the Mirror" Mike, Peace 
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Rest in Peace
United States
2884 Posts |
TerrapinWill, just out of curiosity, what did you end up doing with the coin? Mike 
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Pillar of the Community
United States
980 Posts |
quote: Originally posted by longnine009
Your icon looks like a military insignia. What unit is it?
Longnine, I didn't answer this earlier as I thought TW would, but his avatar is a common grateful dead icon, and terrapin station is one of the groups better known albums. Don
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Rest in Peace
United States
2684 Posts |
I agree with longnine009 - it looks like something I saw while in the Army back in the 60s or early 70s. It could very well be that some unit adopted the Grateful Dead icon with adaptations for its own, possibly/probably unofficial use. I'd really have to dig into the bowels of my brain to try to remember where I saw it, but RVN is the most likely place since GD was very popular there.
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Pillar of the Community
United States
980 Posts |
MF, Of course the 25th infantry division ("tropic lightning") had many units where a lightning bolt was incorporated in the design. ie 425th support bttn , two thirds of the way down this page, had blue/red and a lightning bolt: http://www.25thida.com/units3.html#ArmorI think there was an armor unit with a triangle and a simple blue/red background with a lightning type divide between the fields and a white tank, but haven't been able to find it in some brief searches. Don
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Valued Member
 United States
57 Posts |
I sent an email to the seller indicating that I rec'd a different coin, and told him the date. As I have said on a few forums, I feel no obligation to inform him of the degree of his error. Sellers assume responsibility for all of their listings, and buyers are to beware. I have sent him three emails since the auction ended, and had he knew he had made a mistake, or knew what he was doing he certainly would have contacted me by now.
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Rest in Peace
United States
2684 Posts |
quote: Originally posted by SFDukie
MF, Of course the 25th infantry division ("tropic lightning") had many units where a lightning bolt was incorporated in the design. ie 425th support bttn , two thirds of the way down this page, had blue/red and a lightning bolt: http://www.25thida.com/units3.html#Armor I think there was an armor unit with a triangle and a simple blue/red background with a lightning type divide between the fields and a white tank, but haven't been able to find it in some brief searches. Don
The skull is what attracted my eye. I think what I probably saw were individual soldiers who had sewn the Grateful Dead icon onto their jungle fatigues or possibly their helmet cover. Absolutely not authorized, but Vietnam wasn't exactly a by-the-book war and troops in-country often rebelled through subtle means such as this; the peace symbol was also very common. NCOs and superior officers often (or usually) considered the practice relatively harmless, a means of blowing off steam, and looked the other way. I carried a dove of peace and peace symbol dog tag in addition to my regular ID tags. FWIW, I was in Americal (23rd Inf) Division in I Corps (northernmost Area of Operations near the DMZ).
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Pillar of the Community
United States
1247 Posts |
MorganFred and SFDukie thanks for the answers. I asked the question and forgot all about it until I saw the image again. BTW, 25th Infantry was also nickname Electric Strawberry.
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