Gentlemen, I turn to your for wisdom:

I picked up a DD Goldedge round point, describes as having no nicks or chips, on the 'bay, BIN for 39.99. Turns out the blade indeed has a few nicks and one chip of about 1/16 of an inch. The seller is offering me the choice of sending it back or taking a partial refund that we both consider fair. So what's fair?

I'll try and get some pics up if I can grab a camera.

Thanks.