In my 45 years as a member of the coin dealing community, I have rarely suffered as thoroughly UNSATISFACTORY an experience as I recently endured at the hands of the Thomaston Place Auction Galleries. Two examples from a recent purchase:
1 -- The lesser of the problems: One of the coins I bought, a Morgan dollar, was severely damaged . . . yet the damage was NOT noted in the description. Now, in advertising and selling a coin as "BU," any cataloguer worth his salt is compelled to identify a serious deformity which would serve to diminish that coin's worth (in this case, to mere melt value). A numismatically experienced and truthful cataloguer would immediately spot and note a defect as critical and obvious as, in this instance, graffiti (which occurs when a coin is marred by intentional carving or writing in the fields or across the devices). Such a notation, sadly, was not provided. Alright, a single issue occurring in a purchase -- that could be mere laxity. But read on . . . .
2 -- A much larger problem: It's fine and good to list an NGC-slabbed coin as a "CH BU 63" (Choice Brilliant Uncirculated), (in this case, a $20 Liberty Head gold dollar worth about $2,650 wholesale) if, in fact, that is the representation on the label as provided by the grading service. But if the coin is harshly cleaned and actually labeled as "UNC DETAILS, Obverse Cleaned" by the grading service, the value of the coin drops to about $1,838. That's a difference just north of $800, and a reasonable firm would both highlight the defect in its listing and RESPOND, after the sale, to repeated attempts at communication (and at least thereby CONSIDER the grievance).
3 -- So this brings us to the greatest problem by far: After several unsuccessful attempts to communicate with a principal at Thomaston (or, failing that, someone at any level who could rectify the situation), I was shunted to the shipping department; and then, subsequently, by email, was informed that the coins were sold "as is, where is" and that all sales were final. Such terms can only be enforced, of course, if the items are actually in the condition as described in their listings; such errors and omissions as I have detailed clearly negate the terms of service.
In point of fact, the credit card company evaluated all of this information and VOIDED the sale; Thomaston -- finally responsive to the situation -- then engaged with me, but (regrettably) in a highly disputatious manner . . . and then called the police to report this "theft". Talk about a draconian response! When I spoke to the detective in charge of the matter, he brokered a reasonable solution: Thomaston ultimately agreed to accept a return of the coins, and, to their credit, to even provide a return-postage label.
Summary: Simple sloppiness can lead to forgivable mistakes; after all, we're all human. But there's a slippery slope from sloppiness to misleading representation. When that slope is compounded by NON-COMMUNICATION and SURLINESS and AGGRESSIVE attitudes, you have the perfect storm where, in the auction community, an unwillingness to admit (much less, until under pressure, rectify) inaccurate descriptions results in TERRIBLE CUSTOMER SERVICE. read more