Coin Community Family of Web Sites Join Thousands of Coin, Bullion, & Money Collectors
Join Thousands of Coin, Bullion, & Money Collectors Specializing in Modern Numismatics Royal Estate Auctions - $1 Coin AuctionsRoyal Canadian Mint products, Canadian, Polish, American, and world coins and banknotes. Vancouvers #1 Coin and Paper Money Dealer Coin, Banknote and Medal Collectors's Online Mall 300,000 items to help build your collection!








Username:
Password:
Save Password
Forgot your Password?


This page may contain links that result in small commissions to keep this free site up and running.

Welcome Guest! Registering and/or logging in will remove the anchor (bottom) ads. It's Free!

Returns To A Coin Dealer: What Would You Do?

To participate in the forum you must log in or register.
Author Previous TopicReplies: 24 / Views: 3,515Next Topic
Page: of 2
Pillar of the Community
Nic's Avatar
Philippines
1156 Posts
 Posted 09/11/2009  10:15 am  Show Profile   Bookmark this reply Add Nic to your friends list Get a Link to this Reply
I once bought an 1851 US one Dollar, Indian head, Unknowingly a "replica" but the understanding was that it's genuine. I brought it back only to discuss and not return or refund, because I find that very good "fakes" are as fascinating to analyze and look at, as are real coins. Today we are in very good terms, I get great discounts and first offers on genuine hard to find coins. All because of that particular "indian" coin, cost of which, now fully recovered.
Pillar of the Community
murty's Avatar
United States
1353 Posts
 Posted 09/11/2009  10:48 am  Show Profile   Bookmark this reply Add murty to your friends list Get a Link to this Reply
The coin dealer has been good to you.....just forget it!
Moderator
Learn More...
jbuck's Avatar
United States
188770 Posts
 Posted 09/11/2009  11:39 am  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply
Education is a lifelong endeavour. I would think that if you two have a great business relationship, he would enjoy the chance to learn something he may not already know.

If you chose to do so, make sure he is aware that this is for educational purposes and that you do not blame him or have any ill feelings about it. If he offers to buy it back, refuse and tell him $15 is nothing compared to the shared experience.

Regardless of these opinions, you should go with your gut feeling. Ask yourself what kind of relationship you have and whether or not it "can handle the truth" as it were.
Pillar of the Community
Jaobler's Avatar
United States
6385 Posts
 Posted 09/11/2009  12:31 pm  Show Profile   Bookmark this reply Add Jaobler to your friends list Get a Link to this Reply
I agree with the consensus, which (I think!) is to discuss the coin with your dealer and review the features that identify it as counterfeit. Do not ask for or accept a refund and treat it as a mutual opportunity for education.

There are collectors who like counterfeits. If you don't want to keep the coin, I see nothing wrong with offering it for sale as long as you make it clear that it is a fake.

Thanks for sharing; it's a worthwhile topic for discussion!
Valued Member
snick's Avatar
United States
70 Posts
 Posted 09/11/2009  1:48 pm  Show Profile   Bookmark this reply Add snick to your friends list Get a Link to this Reply
Go back to the dealer, discuss the issue with him, but like other have said do not ask for a refund
Bedrock of the Community
United States
20753 Posts
 Posted 09/11/2009  9:20 pm  Show Profile   Bookmark this reply Add just carl to your friends list Get a Link to this Reply

Quote:

I agree with what tepritts said .
John1


If we are voting on this, add my vote here.
Valued Member
rjbjjwsl's Avatar
United States
53 Posts
 Posted 09/13/2009  8:37 pm  Show Profile   Bookmark this reply Add rjbjjwsl to your friends list Get a Link to this Reply
Having four sons, there's one thing that I believe in. Choose your battles. If you have had a long term relationship and trust him, then $15 may seem petty. Returning the coin may not affect your relationship, but, it may affect future deals or discounts. At the right time, I would mention it but not say anything about returning it.
Valued Member
hippiebrian's Avatar
United States
436 Posts
 Posted 09/22/2009  12:48 am  Show Profile   Bookmark this reply Add hippiebrian to your friends list Get a Link to this Reply
Like the others said, I would not ask for a refund, but would let the dealer know, as he may still be doing business with whomever originally sold him the fake, and he may need to investigate whether or not that person passed it to him knowingly or not, and if it's still going on.

Whatever you decide, do not jeopardize the relationship with what seems like a stellar dealer!
Rest in Peace
Parklane64's Avatar
United States
2668 Posts
 Posted 09/22/2009  5:01 pm  Show Profile   Bookmark this reply Add Parklane64 to your friends list Get a Link to this Reply
Share the experience with your dealer, then tell him you think it's worth $20 to you.
  Previous TopicReplies: 24 / Views: 3,515Next Topic
Page: of 2

To participate in the forum you must log in or register.



    




Disclaimer: While a tremendous amount of effort goes into ensuring the accuracy of the information contained in this site, Coin Community assumes no liability for errors. Copyright 2005 - 2026 Coin Community Family- all rights reserved worldwide. Use of any images or content on this website without prior written permission of Coin Community or the original lender is strictly prohibited.
Contact Us  |  Advertise Here  |  Privacy Policy / Terms of Use

Coin Community Forum © 2005 - 2026 Coin Community Forums
It took 0.3 seconds to rattle this change. Forums