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Question On Return Privileges

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Rayman311's Avatar
United States
489 Posts
 Posted 02/03/2013  12:18 pm Show Profile   Bookmark this topic Add Rayman311 to your friends list Get a Link to this Message Number of Subscribers
Full and part-time Dealers: Please share if it is your common practice (or an unreasonable buyer request) to offer a return privilege (buyer evaluation) when selling one of your coins online?
Prospective Buyers: What is your expectation for a return or evaluation privilege?

Scenario: Buyer offers to purchase a coin we'll say is several thousand dollars that is listed on your website with a photo. Your site list numerous perceived high quality and high value coins encapsulated primarily in PCGS and NGC holders. For this discussion lets say the buyer is unknown to you and/or not a regular buyer. Buyer inquires what is the return privilege or evaluation period upon purchase. Dealer indicates that unable to extend one that the photo should suffice and clarifies it's a consignment coin. The coin may or may not have little stickers such as CAC, Eagle eye...etc. if that makes a difference to you.

Questions are posed as general knowledge and interest. There is no intention to cause any ill will to any dealers (real or imagined). There are many large and small dealers on this site and I am interested to understand if there is an etiquette or standard involved.

If there is any additional criteria necessary to answer, please share.

Disclosure: Collector only here. No interest in becoming a dealer.
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fioti's Avatar
United States
4212 Posts
 Posted 02/03/2013  12:43 pm  Show Profile   Bookmark this reply Add fioti to your friends list Get a Link to this Reply
For me, no way. With the proliferation of fake caskets w/correct look-up, I'd need to have it in hand, even if I knew the seller.
For something in the 4 digits, it wouldn't be by mail, anyway.
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SsuperDdave's Avatar
United States
23522 Posts
 Posted 02/03/2013  1:39 pm  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply
I could not imagine not having a robust return policy. Simply doesn't compute. You get to hold the coin for, say, three or seven days and I take it back without question if you so decide. I don't care why.

My images are good enough that you won't be able to substitute without me catching it.

And if you, the buyer, attempt any shenanigans, well, you've got a court date coming.

Very few dealers have the luxury of selling only to customers they already know.
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basebal21's Avatar
13014 Posts
 Posted 02/03/2013  4:49 pm  Show Profile   Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply
Ill start by saying I dont believe people have a right to return things just because they want to especially smaller purchases online, but I do think its good business sense for dealers to allow it especially large or high end ones.

I honestly wouldnt touch a coin for several thousand that I couldnt return. MAYBE if it had great photos and I dont mean the doctored up make it look its best type Id want to see some with what it looks like just sitting on a desk when it isn't presented in its best light. But for coins like that returns should be offered since you cant really just flip that on ebay right away if you dont like it
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ninamason's Avatar
United States
1227 Posts
 Posted 02/03/2013  8:11 pm  Show Profile   Bookmark this reply Add ninamason to your friends list Get a Link to this Reply
Buyer only here (at this point--I have a few odd serial number bills I want to throw on the Bay after I move, but not yet). Here is the return policy I plan to offer:

Your item will be shipped with delivery confirmation. If at any time in the seven days following delivery you decide you are not satisfied with the item, please contact me for a return. I will issue a full refund to you upon receipt of the item. Because of the unique nature of notes sold for their serial numbers, I will not be able to replace or exchange your item.

Items may not be returned due to damage that occurred after you received the item. Items returned for damage while in transit must include a photo of the damaged package before you have opened it*.



Now: what I expect from sellers I buy from. I expect exactly what I outlined above, at minimum, to wit: if I receive the item and it's damaged because of either your negligence or the negligence of the post office, I should be able to return it for a refund. If there's a problem with the item (e.g., you told me I'd be getting a coin in AU and I got a coin in F), I expect to be able to return it. I do not expect you to accept my return because I got buyer's remorse or bought two of the same date and want to return the one I like less.


*A single bill, shipped between two flat pieces of cardboard, double-taped and in one of those little bubble-mailers--if the bill is damaged in transit, that envelope better be wasted. I take good care of things I send through the mail, especially if you're paying me for them. The photo is for my protection and doesn't have to be high art--a cellphone picture is fine.
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