Nutmeg Coin

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Posts posted by Nutmeg Coin

  1. What are the best remedies for dealing with currency sellers who hold themselves out as experts and then will not stand behind what they sell? You buy notes trusting the expertise of a dealer and each of the notes grades significantly below what they claim them to be at PCGS currency or PMG.

    This is a major consumer rights issue. What do you do in cases like this? PCGS and PMG are supposed to protect us against inaccurate and loose grading, but with uncertified notes what steps do you take to support your rights?





    You can always make offers to the major dealers that they may well accept if they have had the items in inventory for a long time.


    I had a rarer 1882 $20 gold note the Fr.#1176 in a PMG VF25 net holder that one of the shill sellers was able to get into a PCGS VF35 holder after being "restored." I sold it for a little over $4K, he sold it for $18.5K! That's the game. Big shot seller, collectors who don't do their research or are afraid to get tough with the con artists.



    Isn't there a rule on ebay that you can't list ungraded notes for $2500 or more? Or does that only apply for buy it nows?


    At any rate, typical con at work, probably. Some do it with shill bidders, others with who knows what methods to try to palm off problems on others and it undermines the hobby.

  4. Or buy directly at auction from companies like Lynn Knight, SB or Heritage. Lynn Knight just had several auctions where many quality pieces went cheaper than expected, and that is how you can get real deals. Or have one of the leading currency dealers put the notes you are looking for on their watch list and notify you with matches as they present themselves. Many dealers will also work on a 10% or so margin if they bid on something you want.

  5. There are too many good, reputable dealers to waste money, aggravation and energy on those who don't play by the rules. Of course people can find exceptions in terms of standards of grading which proves nothing. Grading services offer a guarantee. This dealer apparently doesn't offer any type of guarantee, just his word which is terribly biased. There are a lot of sellers like that selling problem raw material relying on suckers to fuel their business. Unethical business practices are why we have lots of legal recourse in the US, in the states and through other regulatory agencies that need to be alerted or they won't do their jobs. I would also report the seller and link the report with as much evidence as you can provide.


    Dealers like Mr. Lindquist, Don Kelly, Tom Denly and others who are member of paper money organizations would never play games like that. One way to detect problems on notes is to use an l.e.d. flashlight in a darker than usual room from behind the note.

  6. It's not too late to return it with the 30 day ebay rule for many sellers. Contact him and tell him you are going over his head if he does not take it back. It looks like you are at or near 30 days.


  7. Since that is a relatively big money note, it should have been all there for the money you paid. With Track and Price, free for 30 days, you can track down transactions including serial numbers.


    Neutral/negative after a return request would be the way I would go, if he didn't know and offered to refund original purchase plus grading fee, I would not leave problem feedback. It is fraud and misrepresentation to sell problem material without disclosure! Who was the seller?? By the way the PCGS currency forum is very active on these issues.




    One concern I have here apart from the aesthetics are ideological connections Tubman had to John Brown, one of the first US domestic terrorists:


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    In April 1858, Tubman was introduced to the abolitionist John Brown, an insurgent who advocated the use of violence to destroy slavery in the United States. Although she never advocated violence against whites, she agreed with his course of direct action and supported his goals.[77] Like Tubman, he spoke of being called by God, and trusted the divine to protect him from the wrath of slaveholders. She, meanwhile, claimed to have had a prophetic vision of meeting Brown before their encounter.[78]



    Tubman helped John Brown (pictured) plan and recruit for the raid at Harpers Ferry.

    Thus, as he began recruiting supporters for an attack on slaveholders, Brown was joined by "General Tubman," as he called her.[77] Her knowledge of support networks and resources in the border states of Pennsylvania, Maryland and Delaware was invaluable to Brown and his planners. Although other abolitionists like Frederick Douglass and William Lloyd Garrison did not endorse his tactics, Brown dreamed of fighting to create a new state for freed slaves, and made preparations for military action. After he began the first battle, he believed, slaves would rise up and carry out a rebellion across the south.[79] He asked Tubman to gather former slaves then living in present-day Southern Ontario who might be willing to join his fighting force, which she did.[80]


    On May 8, 1858, Brown held a meeting in Chatham-Kent, Ontario, where he unveiled his plan for a raid on Harpers Ferry, Virginia.[81] When word of the plan was leaked to the government, Brown put the scheme on hold and began raising funds for its eventual resumption. Tubman aided him in this effort, and with more detailed plans for the assault.[82]


    Tubman was busy during this time, giving talks to abolitionist audiences and tending to her relatives. In the autumn of 1859, as Brown and his men prepared to launch the attack, Tubman could not be contacted.[83] When the raid on Harpers Ferry took place on October 16, Tubman was not present. Some historians believe she was in New York at the time, ill with fever related to her childhood head injury.[83] Others propose she may have been recruiting more escaped slaves in Ontario,[84] and Kate Clifford Larson suggests she may have been in Maryland, recruiting for Brown's raid or attempting to rescue more family members.[85] Larson also notes that Tubman may have begun sharing Frederick Douglass's doubts about the viability of the plan.[85]


    The raid failed; Brown was convicted of treason and hanged in December. His actions were seen by abolitionists as a symbol of proud resistance, carried out by a noble martyr.[86] Tubman herself was effusive with praise. She later told a friend: "[H]e done more in dying, than 100 men would in living."[87]


    Taking someone who was integral to the government and the money system in the US from the bill and putting someone who was not connected to it, makes no sense. If they were looking for someone who was African American and a civil rights leader, Frederick Douglass would have been a far better choice.