Beachcomber Coins, Inc. v. Boskett
400 A.2d 78 (1979)
Legal Analysis
Legal analysis from Dean's Law Dictionary will be displayed here.
Nature Of The Case
This section contains the nature of the case and procedural background.
Facts
Beachcomber (P) was a retail coin dealer who purchase a coin from Boskett (D) that was purported to be a 1916 Denver dime. P showed at trial that the coin was a counterfeit and that analysis was not disputed by D. D did dispute that the coin tendered back to him by P was not the one he sold. The trial judge found for D as per trade industry practices that the party purchasing the coin was to assume the risk of genuineness and P had taken 45 minutes to examine the coin and bought it. P then sold it to another for $700 subject to certification of genuineness by the American Numismatic Society. It was labeled counterfeit and P sued D. P appealed.
Issues
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Holding & Decision
The court's holding and decision will be displayed here.
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