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Beachcomber Coins v. Boskett: Difference between revisions
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After a 45-minute inspection of the said coin, Beach-comber agreed to pay $500 for it to Boskett. | After a 45-minute inspection of the said coin, Beach-comber agreed to pay $500 for it to Boskett. | ||
Alas, the experts at the American Numismatic Society determined the coin Beach-comber had bought to be a counterfeit. | |||
|procedural_history=Beach-comber sued Boskett to seek rescission of the purchase due to a mutual mistake regarding the genuineness of the coin. | |||
|case_text_links={{Infobox Case Brief/Case Text Link | |case_text_links={{Infobox Case Brief/Case Text Link | ||
|link=https://casetext.com/case/beachcomber-coins-inc-v-boskett | |link=https://casetext.com/case/beachcomber-coins-inc-v-boskett | ||
Revision as of 19:56, August 1, 2023
| Beachcomber Coins v. Boskett | |
| Court | Superior Court of New Jersey, Appellate Division |
|---|---|
| Citation | 400 A.2d 78 |
| Date decided | March 2, 1979 |
Facts
In 1916, the Denver Mint produced a small # of dimes featuring the visage of Mercury, the Roman god of commerce & trickery. Because of their rarity, their value has skyrocketed; at the same time, these coins have become an attractive item for counterfeiters!
One of these aforesaid Mercury dimes was the basis of a contract between Beachcomber Coins, Inc. ("Beachcomber") & Boskett.
Beach-comber was a retailer in coins. Mr. Boskett was a part-time coin dealer. Boskett claimer to possess a Denver 1916 Mercury dime for $450.
After a 45-minute inspection of the said coin, Beach-comber agreed to pay $500 for it to Boskett.
Alas, the experts at the American Numismatic Society determined the coin Beach-comber had bought to be a counterfeit.Procedural History
Beach-comber sued Boskett to seek rescission of the purchase due to a mutual mistake regarding the genuineness of the coin.
