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How Dealers feel about selling fakes?!

April 6th, 2006 Posted in Uncategorized
Lately, some dealers have seemingly made it obvious that they think letting by a small number of fakes to customers here and there is excusable. They use the fact that selling a high number of coins means that they don't get to check all the coins they sell, and they think that it is perfectly acceptable.

In response to a statement I made going along the lines of "size is never an excuse", a prominent dealer found reason not just voice back forcefully, but in a manner quite insulting. For reasons of anonymity, I won't disclose the dealer's name.

Here is what he said:

"So every $15 denarius should get its 10 minutes under the microscope? What about people who sell bulk lots of 1000 denarii at a time? Your statement is inaccurate. I do not have time to put every $15 denarius under the scope. Every fake that has ever slipped by me, slipped by precisely because it did not get 10 minutes under the scope. I think your post is self promotion. What your are really saying is, "I'm a dealer and I will never do that." All I can say is, you must be new to the business. "

All I can say in response to this statement, is that if checking all the coins that they sell is good enough for Freeman & Sear, Harlan J. Berk, and indeed Classical Numismatic Group, then it should be good enough for everybody else.

As a customer, you must raise the standards high. Do not let any seller tellyou a practice is acceptable, when you know it isn't.

Regards,

Peter

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