This question has been bothering me a while. It is a big deal in the ancient coin dealer world to guarantee all coins as authentic and all that stuff that is made a big deal. Yet, the convention with 100% of dealers and
auction houses is that group lots are never guaranteed and never returnable. I mean never. I buy group lots quite often, I also buy single coins even more. Why should the coins in my group lots be not guaranteed? I realize that lots have lower value coins, that is why I buy them as I get a better
per coin
price. But, if one is
fake, I should have some recourse. Seems like a lazy practice to me and, if I was a conspiracy theorist, it would be a great place to seed a few
fake coins (to my knowledge I have never bought a
fake from the dealers/auction houses I trust, so this is kind of hypothetical). And everyone does it, I am not singling anyone out here. As a customer, it seems to me I should get some kind of satisfaction if I get a
fake in a group lot. It should be no different than a single coin purchase. I would be interested in hearing why this is such a convention when, at the same time, guaranteeing coin authenticity for single purchases is made to be a huge deal. I also get the impression that group lots are not looked at as seriously as single coins by dealers, making the probability of
fakes more possible,
Thanks,
Virgil