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When selling/buying a coin, what should be disclosed?


Flying Spaghetti Monster

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Based on recent issues, there appears to be a need for some clarity on both sellers and buyers parts on what type of information should be stated upfront.

 

So, take all the feedback from both recent and past sales and start making a list of what you (as a buyer) want to see when somebody posts a coin for sale. The community can discuss and maybe we'll end up with a definitive list we can pin so that all the coin sellers know what the buyers want.

 

I'll start the list so you know what I mean.

 

What coin buyers want to see:

- Size and weight of coin

- Metal (finish)

- Enamel (hard or soft)

- Price

- Delivery date

 

Copy/quote this and add to it, comment as needed, etc. but do not make this a place for directing attacks at anybody. Aside from being against the guidelines, this should be a general discussion aimed at clarifying things for everybody.

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The following should also be disclosed:

 

What coin buyers want to see:

- Size and weight of coin

- Metal (finish)

- Enamel (hard or soft)

- Price

- Delivery date

&

-quantites of each metal made

-indication of whether or not there will be a remint due to demand.

-LE's, XLE's, etc and if those are for sale or trade only

-if the coin is also available for trade or is purchase only

-shipping costs to US, Canada and international

-date of sale and how to purchase (i.e commercial site, email sent to OP, etc)

 

Phew!! Think that's it!! :

 

Edited to add FSM's list too.

Edited by PengoFamily
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I'd really like to see the quantity of coins that are going to be made.

 

- Size and weight of coin-I think it is important that it be specified up front, but it doesn't determine if I buy.

- Metal (finish)-I think it is important that it be specified up front, but it doesn't determine if I buy.

- Enamel (hard or soft)-I think it is important that it be specified up front, but it doesn't determine if I buy.

- Price-I think it is important that it be specified up front, but it doesn't determine if I buy.

 

- Delivery date Now this does matter to me. I don't like paying for coins way in advance. Now, I know things happen with minting etc, that can't be helped. As a buyer what I like best is the reservation option.

 

IMHO :)

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What coin buyers want to see:

- Size and weight of coin

- Metal (finish)

- Enamel (hard or soft)

- Price

- Delivery date

 

 

Photos of samples when they've been made available. But the art's a start.

As already mentioned.... shipping & handling.

 

EDIT to add: Reminting? Who cares.... I'm not a glutton.

Edited by Droo
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What coin buyers want to see:

- Size and weight of coin

- Metal (finish)

- Enamel (hard or soft)

- Price

- Delivery date

-shipping cost for both US and Int.

-total quantity made (broken down by metal, including AE, XLE, ZE, FE, WE, PE, DE, Blah blah blah)

-re-mint possible, no re-mint

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I actually think tsun's thread is different enough from this one to merit staying open (what to disclose when selling vs. whether reminting is a moral tragedy may be related but are different issues) but I guess that's neither here nor there at this point. My thoughts on that question (reminting) are as follows...

 

First, I think everyone agrees that the more clarity upfront the better. Second, I'm in what appears to be the minority that thinks reminting is fine. I understand the reasons why people take the other side of this and don't dispute them. The market demands more? Crank 'em out and match the supply to the demand. Yes, yes, the horrific devaluation of the first batch - that doesn't bother me one whit. Again, I know others don't see it this way but I do.

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What coin buyers want to see:

- Size and weight of coin

- Metal (finish)

- Enamel (hard or soft)

- Price

- Delivery date

-shipping cost for both US and Int.

-total quantity made (broken down by metal, including AE, XLE, ZE, FE, WE, PE, DE, Blah blah blah)

-re-mint possible, no re-mint

 

 

Availability... sell, trade, quest, private, public, mystery, purchase limits, and so on

Edited by CrossRoadNomads
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What coin buyers want to see:

- Picture of art and then coin when coin samples are available

-Size and weight of coin

- Metal (finish)

- Enamel (hard, soft, translucent, glitter)

- Price and shipping costs

- Expected Delivery date

-Total quantity made broken down by metal and enamels if there is a mixture, including AE, XLE, LE, SE etc and what these abbreviations means to the seller

-re-mint possible, no re-mint. If reminted in what metals and enamels and information as above

-purchase only or some for trade

-how to purchase and date of sale

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What coin buyers want to see:

- Picture of art and then coin when coin samples are available

-Size and weight of coin

- Metal (finish)

- Enamel (hard, soft, translucent, glitter)

- Price and shipping costs (worldwide or local only)

- Expected Delivery date

-Total quantity made broken down by metal and enamels if there is a mixture, including AE, XLE, LE, SE etc and what these abbreviations means to the seller

-re-mint possible, no re-mint. If reminted in what metals and enamels and information as above

-purchase only or some for trade

-how to purchase and date of sale

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I'd like to see this added for obvious reasons:

 

"Approximate air speed velocity (of said coin) when thrown left-handed from a European-made jet-propelled unicycle."

 

Laugh all you want, but don't be surprised if this ends up in a puzzle cache.

 

AND, "how many skips will i expect to get if I decide to skim it across a river verses a pond."

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