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My Morgan Ordeal

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Dkillett's Avatar
United States
140 Posts
 Posted 09/02/2010  03:07 am Show Profile   Bookmark this topic Add Dkillett to your friends list Get a Link to this Message Number of Subscribers
Ok, I will try to make this story as short as possible. A while back I purchased an 1878 7TF Morgan. I'm still learning about coins, it never ends lol. Well this coin was absolutely awesome. The dealer told me that he thought if submitted it would go a MS63 and defintely PL. He said even possibly DMPL. I have a friend who is an avid Morgan dollar collector and I consider to be my go to guy with my coins. I showed it to him and he could not believe it. He said the same thing about the coin as my dealer had told me. Well a few weeks ago I was getting coins together to send to NGC. Well the co-owner of the coin shop is a long time coin collector and one of the best when it comes to grading coins. I stopped in one day while he was there and had him look at the coin. First under the loupe, then to the UV light. He tossed it back and said polished. I felt my heart plunge into my stomach. I asked him if he was sure. He said the UV light didn't lie.

I almost said something right then, but I felt it was better to take it up with the guy who actually sold me the coin. He wasn't there that day. A few days later I stopped back by to talk with him about it. We went into the back office as I felt discussing this in front of his customers was not a good idea. I told him what his partner had told me. He seemed a little thrown off at first. Keep in mind I have a really good rep with this guy. I couldn't really remember exactly what I paid for the coin, and he was not able to locate the receipt at the time. He told me to wait there for a minute and returned with cash. I agreed that I believed that was about what I had paid for the coin. I think it may have been +/- 5 bucks.

Although I kind of think he should have known the coin was polished, on the other hand the partner had told me a few days earlier, "It happens to us all at one time or another".

When all was said and done we shook hands and all was good.

Did I handle this situation the right way?

Let me know what you think.

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echizento's Avatar
United States
23731 Posts
 Posted 09/02/2010  09:47 am  Show Profile   Bookmark this reply Add echizento to your friends list Get a Link to this Reply
The story had a happy ending. You did the right thing, and they also did the right thing by returning your money.
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Conder101's Avatar
United States
17884 Posts
 Posted 09/02/2010  10:09 am  Show Profile   Bookmark this reply Add Conder101 to your friends list Get a Link to this Reply
I think you handled it well, the only other thing I would have done is when the guy told me it was polished and thet the UV doesn't lie I would have asked him to show me the difference with your coin and one that was acceptable. (I'm assuming the UV was causing polishing compound residues to glow.)
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remmy1100's Avatar
United States
380 Posts
 Posted 09/02/2010  10:10 am  Show Profile   Bookmark this reply Add remmy1100 to your friends list Get a Link to this Reply
I cant tell you how many cleaned coins I have bought.. both intentionally and unintentionally. In this case, I believe that PCGS does the same thing... under a light and if there are lines... BODY BAG! I would say you handled this very well. The dealers partner told you it was cleaned so that guy could not likely say it wasn't. I would say you got lucky as many dealers would not have done that for you, but you had a little leverage with the conversation you had with the partner. Good luck and welcome to the VAM... ah hem... Morgan dollar world.
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remmy1100's Avatar
United States
380 Posts
 Posted 09/02/2010  10:17 am  Show Profile   Bookmark this reply Add remmy1100 to your friends list Get a Link to this Reply
The UV (or black light) will show the cleaning lines (I dont like to call them polish lines as they can be confused with die polish/die file lines)... there is one caveat here... sometimes those DMPL and PL coins do have die polish lines all over them... (thats how they get that mirrored look) MANY times I have seen a solid no problem PL or DMPL come back body bagged because of the die file lines. After numerous submissions the coin would make it in a holder. I chock that up as a noob grader/s... remember grading has only rough standards... as it is subjective to the graders eye.

I am sure it was not residue but wipe lines where someone wiped the surface of the coin. A cleaned Morgan that was over dipped would show a dull un-lustrous appearance, but no residue. The residues would be PVC and the likes and you do not need the black light for them. If you do not have a black light, and you collect silver coins... get one! Use it before sending anything in for grading, you will be happy you did as you will catch problem coins and save those crazy PCGS fees.

--My 2 cents
Edited by remmy1100
09/02/2010 10:18 am
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carmykle's Avatar
United States
2448 Posts
 Posted 09/02/2010  11:34 am  Show Profile   Bookmark this reply Add carmykle to your friends list Get a Link to this Reply
Absolutly. You've reset the bar for tact and being resolute in you convictions. Well done. BTW, did you go back and ask him about the die lines as Remmy offered?
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Gothic Florin's Avatar
United States
2541 Posts
 Posted 09/02/2010  2:32 pm  Show Profile   Bookmark this reply Add Gothic Florin to your friends list Get a Link to this Reply
I think this situation was resolved to your satisfaction and the dealer avoided a potentially nasty mess (I would have reported him to BBB if he refused to refund your money while his partner said it was cleaned).
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vanbroj's Avatar
United States
450 Posts
 Posted 09/02/2010  7:45 pm  Show Profile   Bookmark this reply Add vanbroj to your friends list Get a Link to this Reply
I don't see how you could have handled it any better,
and you had a good end result as well !
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Wornslick's Avatar
United States
1304 Posts
 Posted 09/02/2010  8:00 pm  Show Profile   Bookmark this reply Add Wornslick to your friends list Get a Link to this Reply
I think you did fine and they did too.
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Ozland's Avatar
United States
709 Posts
 Posted 09/03/2010  12:00 am  Show Profile   Bookmark this reply Add Ozland to your friends list Get a Link to this Reply
I think you handled the situation well. It helps that you have a nice rapport with the owners.

By the way, the UW light doesn't lie. Whether the coin was wiped or polished, it is all semantics by degree. The results though are the same.
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cwb1877's Avatar
United States
1659 Posts
 Posted 09/03/2010  03:59 am  Show Profile   Bookmark this reply Add cwb1877 to your friends list Get a Link to this Reply
I think you handled it well and it sounds to me like you have a reputable dealer in which to do future business with.
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TreasHunt's Avatar
United States
2540 Posts
 Posted 09/03/2010  09:06 am  Show Profile   Bookmark this reply Add TreasHunt to your friends list Get a Link to this Reply
alls well that ends well.
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southerngent's Avatar
United States
469 Posts
 Posted 09/03/2010  11:58 am  Show Profile   Bookmark this reply Add southerngent to your friends list Get a Link to this Reply
Well handled. It was the best outcome you could get!
Rest in Peace
coinguybrian's Avatar
United States
5375 Posts
 Posted 09/03/2010  12:17 pm  Show Profile   Bookmark this reply Add coinguybrian to your friends list Get a Link to this Reply
Glad to hear it ended well. Didn't know about the black light. Will probably get one.
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