Article View: rec.collecting
Article #4993Re: COINS for sale
From: Jon Hamkins
Date: Sun, 08 Jan 1995 23:38
Date: Sun, 08 Jan 1995 23:38
50 lines
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3652 bytes
teri@ATVL.Research.Panasonic.COM (Teri Baukal) writes:
>In article pu1@rigel.infinet.com, rbatina@infinet.com (Robert Batina) writes:
>>I wouldn't reccomend buying any of these coins until you know what grade
>>they are... you could be getting crap, or they could be a good deal...
>>but never buy without confirmation of grade.
I also recommend against buying any of these coins. Take a look at
these conditions: (!)
>>: No returns/exchanges because I wouldn't know if what was
>>: being returned was the same thing I sent out - don't know
>>: much about coins, only what knowledgeable friends and
>>: reference books told me.
>>
>>: I will send coins out regular mail and am not responsible for
>>: lost/late/misdirected/damaged mail. If you want them sent
>>: out some other way, you will have to make the arrangements.
So basically you can send her money, never get anything, and she
doesn't have any responsibility for your problem! The fairly standard
terms for buying through the mail include, at a bare minimum:
1. A return privilege. This must be at least 5 days, so that one can
allow for a couple of days of mail delay in each direction, plus a
day to look at the coins. If the seller is worried about the coins
being switched, then they should be sealed in a holder.
2. Insured mail. One has to be able to make a claim on any
lost/misdirected/damaged mail.
>Like I said, I had friends who are very knowledgeable about coin
>collecting help me out with prices, as well as checking reference
>books. These coins are priced accordingly, and anyone who knows
>anything about coins will be able to tell by the prices what condition
>they are in.
For someone who claims they don't know anything about coins, this is a
rather bold statement to make. (Especially since it is wrong-- there
is quite a bit of price variation for coins of the same grade.) Your
friends are helping you with the prices, but not the grades? That
doesn't make me very confident about the prices.
>I didn't put the condition in here because sometimes
>that is objective.
Yes, I believe that is the point.
----Jon Hamkins (hamkins@uiuc.edu)
University of Illinois
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