I was just reading Beaw's post and had a completely different opinion. One of the main reasons I register my coins is to help find them in case of theft. In the case of the initial owner who registered the coins despite not receiving them, I might well have done the same thing so that I might be able to track down the thief if they entered the market.
I do feel that all coins should be immediately de-registered when transferred to another owner (via sale or gift) and I have been personally perturbed by ebay sellers that consistently maintain registration on coins that I purchased until prompted to give them up. However, I have inadvertently been guilty of this myself a couple of times, so I can understand that mistakes can happen.
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