Article View: rec.collecting
Article #4992Re: COINS for sale
From: Jay Bloom
Date: Tue, 10 Jan 1995 16:45
Date: Tue, 10 Jan 1995 16:45
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5632 bytes
In article <3eukl8$20e@mhaal.inhouse.compuserve.com> "M. L." <mlane@csi.compuserve.com> writes:
>From: "M. L." <mlane@csi.compuserve.com>
>Subject: Re: COINS for sale
>Date: 10 Jan 1995 18:46:00 GMT
>teri@ATVL.Research.Panasonic.COM (Teri Baukal) wrote:
>[...]
>> One of the friends that helped me out happens to own a reputable coin shop.
>After reading most of this thread, the conclusion I've come to is
>that your coin dealer friend gave you a price much lower than you
>wanted so you decided to sell 'em via the net with no grades and an
>upfront "No money back" guarentee. I'm sorry but I think you *are*
>trying to cheat people and being called up on it was the right thing
>to have happen.
I agree... I have no idea why you wouldn't offer some idea as to condition,
and why you would object to a return policy if the item did not meet the
expectations of the buyer. I mean, come on, we are not talking about the sale
of a new mercedes here.... These are relatively inexpensive items (not a
couple of thousand dollar ring as you referred to in another post), and if
someone gets a coin in absolutely horrible condition, they should be able to
return it to you. You could offer suggestions as to its condition by saying
that it has sharp details, is still shiny, or is kind of dull and somewhat
worn (see what I mean?) I don't know that you are necessarily trying to cheat
people, but your overreaction to someone's reccomendation not to buy blindly
(and I don't believe that that comment was limited to you, by the
way, but to purchases in general) certainly doesn't help your credibility as
an honest seller.
By the way, if dealers like your friend only offer about 40% of the coins
market value, as you indicated in another post, why is it that all these
DEALERS as you put it flocked to buy your coins at your asking prices, and
your friend (also a dealer) didn't? Just curious.
As far as your statement regarding everyone posting negative responses in
reply to your ad, it goes beyond not wanting to buy what you are selling. We
may or may not be interested, depending on what we (the buyers) deem the coins
are worth. However we can not ascertain its value without knowing more about
the coin (just as you could not decide how much to pay for a car without
knowing if its showroom new, or a total wreck). It is unfair to quote the
prices to a novice who may believe you, based on the assertion that your
friend, the dealer, has absolute infallible ability to determine market value.
The post in response was a helpful warning to new collectors, and I believe
it was not a slight against you. For some reason you became very defensive,
and this thread escalated.
Also, I noticed your post in all of the .forsale boards for your Barbie
Auction. I noticed that you stated that you do not accept returns on anything
and exhanges only certain items. These are supposedly items that you know,
yet you still don't accept returns. This kind of discredits your reasoning
for not accepting returns (i.e. you don't know how to identify coins and
wouldn't know if someone pulled the ole' switcheroo.) Certainly you would
know if someone switched Malibu Barbie with Bronx, NY Barbie (sorry, but
Barbie is not my field of expertise).
One last question. I noticed in your auction that you "graded" your Barbies'.
They were either "In the Box", "Loose", etc.... If I said I was selling a
Barbie, and refused to say whether or not it was in the box, but was asking
the price for an in the box doll, wouldn't you hesitate before buying. In
fact, might you also tell inexperienced Barbie collectors that they shouldn't
buy a Barbie without first making sure that it came with a head and 4 limbs???
Take the emotion out of this situation, and I think that maybe you will be
able to see the analogy. Otherwise, good luck with your coin sale, and I will
continue to agree with the others who warn against the purchase of items
without knowing what you are buying, especially with a no return policy by the
seller. Have a nice day...
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