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:cam:"What would you do...Is a gun the answer...???:confused:":cam:

Skully

New member
I know I had some sceptics on the gold coin/ring I found last week .."to be expected.."


Anyway..I took it to a jeweler (30 years Exper.)to have the ring repaired and cleaned...
The solider joints were week and since the coin is 90% gold and 10% copper - Soft.. I dare not try to clean it..

Before I left the jeweler I told him if that coin has a D ...It could be worth $210,000.00 !!!
You can't tell if it has a D because the edge of the ring was covering where the mint mark would be...

He told me that he would have remove the coin to repair it...so the solider won't damage the coin..

He didn't have it ready when he said he would .. I wanted to show a friend and took it from him ... To bring back later...

[size=large]This is the damage he caused by removing the coin..
It looks like he first tryed to pry the coin out and gouged it ...
Then got a hack saw and cut the band around the edge of the coin and cut into the coin in the process..[/size]

Remember, I told him to clean and repair the ring!!!..

What would you Do...???

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<img src="http://i143.photobucket.com/albums/r145/Skully_011/1-12.jpg"><br><br>
<img src="http://i143.photobucket.com/albums/r145/Skully_011/2-10.jpg"><br><br>
<img src="http://i143.photobucket.com/albums/r145/Skully_011/3-11.jpg"><br><br>
<img src="http://i143.photobucket.com/albums/r145/Skully_011/4-11.jpg"><br><br>
<img src="http://i143.photobucket.com/albums/r145/Skully_011/5-12.jpg"><br><br>
<img src="http://i143.photobucket.com/albums/r145/Skully_011/6-10.jpg"><br><br>
<img src="http://i143.photobucket.com/albums/r145/Skully_011/7-11.jpg"><br><br>
<img src="http://i143.photobucket.com/albums/r145/Skully_011/8-10.jpg"><br><br>
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A Coin Dealer who has more intrest in preserving the coin instead of the ring.
 
There was a coin dealer two doors down from the jeweler
He showed know interest..in the ring..
Nor does he clean coins....He told me to go to a jeweler
Go figure??
 
The good thing is you have picture proof of the coin before and after cleaning - however I suppose a claim can be made by someone that you photoshopped out the scratch.

The gouge above the F I don't think you have any recourse at all because you have nothing to prove it wasn't there before (besides your guess on how he took the coin out and the obvious scratch he had already caused).

I'd certainly take your pictures in and gripe about it and see what he will do to make up for your loss - if he's honest, he'll admit to the scratches and try to do something for you - however in this day and age, honesty is a rare commodity when $ are involved.

Good luck and let us know what happens.

Excellent coin by the way though!
 
Here's how I know he sawed it off...

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If he doesn't make it up to you somehow, you could get the ring appraised as is and also get an estimate on what the value would have been before the damage and take him to small claims court.

I'd say you have enough evidence to support your claim that he actually did damage the coin.

All depends on how he reacts if you call him on it, and how badly you want to pursue a claim. I'm sure he has insurance for incidents like this too - and it's not like your bringing up a frivolous issue - it seems pretty apparent from your pictures before and after that he was the cause and he should make good for that damage somehow.

Good luck again
 
This ring/coin to me was a find of a life time....
Since I started swinging a coil..my goal was to find a gold coin..
And non of the my other great finds ( 2ct. platinum diamond ring, 24k gold necklace, Rolex watch made me feel like this one did....


Thanks again for the advice..

Skully..... AKA Mr Chile...
 
I'm sure he caused the damage to the coin But you took the coin to show your friend and as such he can say that you damaged the coin while it was
in your hands?The best thing you could have done was to get a photo before he puts it back into the ring but also before it was out of his position so he Can't denie anything,GREAT find by the way Sculley keep up the post
 
Confront the weasel and see what he offers. If nothing then you can try and take him to small claims court. You may want to check out the small claims court to see if he has any other claims against him. It's a hassle to try and collect and may not be worth your time and energy. Sometimes a stern talking face to face is enough to shake the pockets loose.
 
I'm a hobby level jeweler and I wouldn't have done that. There are many different tools and techniques which can be used for a job like that yet it looks like he used a hacksaw and a pair of tongs.

If he did that to your piece imagine what he does to other pieces of jewelry that customers bring in.

My experience has been that jewelers just don't care about numismatic value of coins. I found that out the hard way when I took a gold coin to a local jeweler to have a bezel made for it years ago. After asking him to please take care not to damage the coin and after he assured me he wouldn't he ended up filing down one area of the coin and notching two other areas. I don't think jewelers like coins.

What I would do (what I didn't do in my case) is ask the guy to replace the coin with one that was in the condition yours was before he screwed it up (same year, same mintage) and let him keep the one he screwed up. If he says no then write him a letter demanding the same thing and explain, clearly, why he owes you that. Send it certified so you get a receipt that he got it.

If he doesn't stand up and do the right thing then you could sue him in small claims court for the value of the coin. A small claims court judge would probably find it a reasonable that the coin should be replaced or that you should be paid the value of a new coin.
 
http://www.anacs.com/default.aspx


Sorry your coin is messed up.
 
My uneducated quess is that the index notch on the edge might have been there all along, and you did not notice it. As far as the scratch on the surface......%^@* happens. He should have warned you that once a coin is put jewelry, it's nusmatic value plummets. That is why good coins should never be put in jewelty. With that being said, my heart goes out to you, (from a prince to a popper overnight). I have a gold coin I wanted to put in a pendant but every jeweler I went to refused to do it unless I signed a waiver. Once the coin was put in the ring it's value went to AU. As soon as he cleaned the coin it dropped to half of that value even if he had not dammaged it. A coin is judged on it's "mint luster" minus wear and tear. Cleaning is not allowed.
 
Cubfan is exactly right:

"get the coin appraised as is and also get an estimate on what the value would have been before the damage" (bring original photos to appaiser). The difference in numismatic value may be much smaller than you think and is likely not going to be enough for the jeweler to file it on his insurance.

Then approach the jeweler and ask him to make it right. It will be significant enough for you to get it mounted in any type of setting you like for no charge.

I suggest a really thick gold pinky ring.

btw, most people who have been in retail business for 30 years are very reasonable and there is no reason to go in with an antagonistic attitude because it is likely that he will agree to whatever you suggest as a compromise.
 
once you mount a coin into jewelry, the value drops dramatically. There is no way (and I was in the jewelry biz) that I've seen that does not damage the coin. To me, and this is only MY opinion, it is only worth the gold weight now. It can still be made into a nice jewelry item that can be worn and appreciated. Great find none the less and you should be very proud.

therick
 
[quote rolkat]My uneducated quess is that the index notch on the edge might have been there all along, and you did not notice it. As far as the scratch on the surface......%^@* happens. He should have warned you that once a coin is put jewelry, it's nusmatic value plummets. That is why good coins should never be put in jewelty. With that being said, my heart goes out to you, (from a prince to a popper overnight). I have a gold coin I wanted to put in a pendant but every jeweler I went to refused to do it unless I signed a waiver. Once the coin was put in the ring it's value went to AU. As soon as he cleaned the coin it dropped to half of that value even if he had not dammaged it. A coin is judged on it's "mint luster" minus wear and tear. Cleaning is not allowed.[/quote]

[attachment 63909 008.JPG]
 
I think your best option was you first suggestion. Get a gun, (45Cal), and shoot a hole in the center of the coin. Advertise it on ebay as a coin shot by "Wild Bill" at a wild west show.,:crazy: I did my best to examine the photo of the retaining ring and it apeared to me that it was split at the original seem where the index slot would be. I was just throwing out ideas, I was not doughting your in person observations.
 
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