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  #1  
Old 09-26-2013, 06:24 AM
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Peter Spaeth
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They had this provision on the coin side for some time -- was the basis for a lawsuit that quick research shows was filed but never actually served.

http://www.coinlink.com/News/pdf/CU_vs_Coin_doctors.pdf
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  #2  
Old 09-26-2013, 07:16 AM
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Quote:
Originally Posted by Peter_Spaeth View Post
They had this provision on the coin side for some time -- was the basis for a lawsuit that quick research shows was filed but never actually served.

http://www.coinlink.com/News/pdf/CU_vs_Coin_doctors.pdf

As I recall the judge threw out the case for a number of reasons. One reason was several of the defendants were from California, so the Federal court had no jurisdiction. As for the rest, as I recall, the judge threw it out because it basically amounted to CU suing it's dealers for damages incurred for CU's own incompetence. It should be on PACER.GOV.
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Old 09-26-2013, 07:25 AM
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Far above Cayuga's waters class of 1984
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  #4  
Old 09-26-2013, 10:21 AM
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David Pierson
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Far above Cayuga's waters class of 1984
"Blackbird" The Beatles, class of 68
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Old 09-26-2013, 07:37 AM
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Quote:
Originally Posted by WhenItWasAHobby View Post
As I recall the judge threw out the case for a number of reasons. One reason was several of the defendants were from California, so the Federal court had no jurisdiction. As for the rest, as I recall, the judge threw it out because it basically amounted to CU suing it's dealers for damages incurred for CU's own incompetence. It should be on PACER.GOV.
Dan it was a Lanham Act suit diversity or not would have no relevance to a federal question case.

This article suggests the suit was never served.

http://www.coinworld.com/articles/de...erse-attorneys
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My avatar is a sketch by my son who is an art school graduate. Some of his sketches and paintings are at
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Old 09-26-2013, 08:21 AM
barrysloate barrysloate is offline
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Scariest thing about the coin doctoring is the surfaces are smoothed using a laser. Wouldn't that be virtually impossible to detect?
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Old 09-26-2013, 01:16 PM
steve B steve B is offline
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Originally Posted by barrysloate View Post
Scariest thing about the coin doctoring is the surfaces are smoothed using a laser. Wouldn't that be virtually impossible to detect?
With enough magnification ? No.

With the usual 10X magnifier? Yes.

I've seen only one altered coin that I know of, and it was done well before the laser stuff. Added mintmark, not really obvious, but it also didn't look right either. The dealer whose shop I hung out at had just taken it back, having sold it 15+ years earlier. (It failed TPG when the buyer wanted to sell)
Easy return too, basically a "Hey, that coin I bought a long time ago turned out to be altered" "Really? Do you have it with you?" "Yes, here it is" "Jeez how did I miss that? How much did you pay? I seem to remember $X" "Yeah, that sounds about right" " Is a check ok" - Not even a question of whether he'd take it back. He used it as an example of what to look for for a while, last I saw it it was in a cardboard 2x2 holder with a lot of writing describing the alteration and a couple big red stripes. It probably found it's way to the smelter eventually.

That's one of the reasons I still visit and buy stuff from him. No drama, even when there's a problem.

Steve B



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  #8  
Old 09-26-2013, 01:30 PM
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I wish I could get some bumps in my cards I got some signed at the National and graded on the spot, and they came back lower than the pre-signed slab...just my luck
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  #9  
Old 09-26-2013, 01:47 PM
barrysloate barrysloate is offline
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Steve- you should be able to detect an added mintmark pretty easily. But a laser that simply smoothed light scratches out of the surface of a coin could be a whole lot tougher.
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