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Article #4992

Re: COINS for sale

#4992
From: Jay Bloom
Date: Tue, 10 Jan 1995 16:45
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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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From: igor@interport.net (Jay Bloom)
Newsgroups: rec.collecting,rec.collecting.coins,nj.forsale,pa.forsale,princeton.forsale,misc.forsale.non-computer,dc.forsale,ny.forsale
Subject: Re: COINS for sale
Date: Tue, 10 Jan 1995 16:45:56 UNDEFINED
Organization: Interport Communications
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