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 Replies: 7 / Views: 1,075 |
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Pillar of the Community
United States
772 Posts |
A lady I work work came and got me while she was on her lunch break, on Peoples court there was a trial of a postman who sold an 1855 Indian Princess Gold Coin (unsure if $1 or $3, I caught the end) to a lady. Well the coin was a fake, he told her to send it back, so she did (uninsured and no delivery confirmation). He said he never received it, and said that she should have insured it for $1800 (which is what she paid for it). Well the judge said that would be fraud if she insured that coin at the price of an authentic coin. A little bit later she sold a different coin of the same year and denomination on ebay, he left feedback saying she is a thief and fraud and selling a fake coin that was his and all this kinda stuff. The coin went for considerably less that what she said it should have. So the judge parted with the lady, he had to refund the original coin and the difference between what she paid for the second coin and what she sold it for (around $100). Kind of interesting... I guess the moral of the story is always ship with atleast delivery confirmation. With the post office, I believe a signature is required for anything over $100 in value anyways. Or if you donn't like that more, a more simpler one: Don't sell fakes on ebay. |
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Forum Dad
 United States
24148 Posts |
quote:
Well the judge said that would be fraud if she insured that coin at the price of an authentic coin.
I disagree with the judge. She paid $1800 for the coin. Until it is returned, it is worth $1800. She has proof that she paid $1800 so that's what its worth until its back in the seller's hands.
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Pillar of the Community
 United States
772 Posts |
But after knowing it was a fake, the coin is no longer worth $1800.
I guess I can kind of see both ways.
If the post office would have lost the package, they should not of had to pay $1800 for a fake coin, in my opinion.
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Forum Dad
United States
24148 Posts |
quote:
But after knowing it was a fake, the coin is no longer worth $1800.
It certainly is. That's what she paid, so that's what its worth to her until she gets it back to him. quote:
If the post office would have lost the package, they should not of had to pay $1800 for a fake coin, in my opinion.
Why not? She would have paid the premium for $1800, and that's what she paid for the coin. The PO will accept a receipt of sale for an insurance claim. |
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Pillar of the Community
United States
7123 Posts |
Im think Bobby got it right, even if the coin was a fake, the lady paid 1800.00 and has every right to protect herself for the value , which at the time of shipping was 1800.00.
The real problem I see here is that she should have had her money back first in this instance, the man already sold her a fake coin, my trust ratio would have been extremely low at that point.
Rick
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Forum Dad
United States
24148 Posts |
quote:
The real problem I see here is that she should have had her money back first in this instance, the man already sold her a fake coin,
Correct, and if he squawks about it, just say "Well, I guess I'll have to call the police then", which is perfectly within her rights. |
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Pillar of the Community
Australia
1091 Posts |
quote:
Originally posted by jdheyne
1...the coin was a fake, he told her to send it back, so she did...
2...He said he never received it...
3...A little bit later she sold a different coin of the same year and denomination on ebay....
4...he left feedback saying she is a thief and fraud and selling a fake coin that was his....
5...he had to refund the original coin...
6... What she paid for the second coin and what she sold it for (around $100).
1. So she believed it to be a fake 2. He never gets it back. 3. She sells the coin (meaning she never did send it back, She is lying) 4. And He buys it back,(he leaves feed back) admitting it's a fake (fraud), "Selling a fake coin that was his". She must of sent him the coin this time as 5. He must return the origional coin. How was it proved he had it? 6. I'm confused,  when did she buy a second coin? |
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Pillar of the Community
United States
772 Posts |
The second coin was a lot different in condition.
She had proof of purchase of the other coin and pictures of both to compare.
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Replies: 7 / Views: 1,075 |
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Posted 02/21/2006 2:17 pm
