Location: In The Jungle - Stalking Frogs *evil laughter*
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Whoa, that's gotta suck. I've never had the color swap happen, but I've had ties in my yarn. They never bothered me though because the ties were very tight, so the ties never got in the way. They blended in the work just as if I changed yarns.
I run into knots once in a while and I use a fairly wide price range of yarns. I just cut out the knot and treat it like I'm joining another skein. Luckily, though, the yarn knotted on is pretty much the same as the old stuff.
I think more than one knot in a skein or more than one dye lot is unacceptable. You should totally write to Caron and let them know what happened.
Thanks so much for everybody's feedback on this. I was just a little disappointed that I had two colors, the knot didn't really bother me. Anyway, I did as some of you suggested and wrote to Caron. I'll update if I hear anything back!
I would definitely contact the company you purchased the yarn from. It doesn't cost you anything to send them an email, and you may be surprised by what you get in return. I often contact companies when I am not 100% satisfied with a product I have purchased. I nearly always receive some sort of compensation, coupons, a replacement item, a refund check, you just never know. Even if they just tell you that you have to deal with those issues from their yarn, at least then you'll know if you want to continue purchasing the yarn in question.