Buy Of A Lifetime . My Lifetime Anyway

This isn't about Jake, other than he made the post spurring the discussion. In this situation, however, when you say he could have made a lower offer and didn't, are you implying that had he done so, and the seller takes that offer, that it's still okay? Knowing that the seller's price was well below market value? My point is, we are celebrating a "good deal" in this thread while in other threads we hammer the big buyers who do the exact same thing, offer made or not. This isn't about Jake, it's about whether the private buyer/collector has a responsibility to educate the seller (as so many have pointed out in the threads bashing the hotel guys) or is what the hotel guys do okay after all?




But we're not talking about Average Joe Blow. We are talking about one of us doing the same thing the traveling guys are doing, only we're doing it in the "interest" of collecting. Average Joe Blow probably doesn't care. After all, he's getting cash he didn't have before he walked into the room. A.J.B. probably doesn't get on an internet forum and complain about it, because he doesn't know any better. BUT there are many posts made by people just like us out there decrying the traveling buyers, stating how much they rip off the public, and how we need to stop these guys and educate the public so they don't get ripped off.

My point is we celebrate a private buyer paying well below the actual value to a seller who has no idea of it's value. But we'll call for the heads of the big buyers for doing the exact same thing. The fact that the co-worker threw out a number (again, not knowing what he was doing) is no different than the grandmother (who is also clueless about the value) taking the first offer from the guy in the hotel conference room.

The question is not whether Jake is right or wrong, but why it's okay to do this as a private buyer, in the name of "collecting", but not a large company in the interest of making a profit?

Okay , I read everyone's 2 cent's and the original post has been lost because there is too much emotion going on here. As I keep reading Jakeman406 post over and over because I have to keep reminding myself of what this is all about. " He did nothing wrong " it is not our job to judge his business transaction. Stick with the original post. A co-worker who's uncle left him coins in his will. I'll stop at this point ( if the co-worker really cared about his uncle or the sentimental gift he would have never approached jakeman)I'll move on. this is were opportunity then happened a guy who wanted fast cash and another who saw a fantastic deal.

I also don't want to hear about the co-worker maybe wasn't thinking straight because he was sad about his uncle or naive about the coins I say that's a bunch of bull ! How I got my coin collection was from my dad who passed away 4 months ago . I still have all of them and I didn't know squat about a coin other than how to spend it. It means a lot to me to keep it that I had to go out and educate myself and I was naive then still learning now. As for my follow up I say good for you Jakeman because if I were given your identical situation on how this happened I would have done the same thing.

In todays day and age, with 99% of the information readily available, and also armed with nothing more than a simple internet connection....

NO ONE, should EVER be made to feel guilty for purchasing ANYTHING! imho.


That being said.....


jakeman406, you should have never been made to feel the need to defend yourself here. You have my utmost respect for continuing to do so in spite of all this.

The way I see this,

The seller is happy,
The buyer is happy.

It's a "good" deal. PERIOD...end of discussion....



Now, if some here feel the need to discuss business practices of the "CASH FOR GOLD" places that have sprung up on every major corner in every city here?...

That's an completly DIFFERENT topic.


"apples and oranges"....



Start another thread about it maybe?


I've enjoyed reading this thread, and I can honestly see "both sides" of the coin here. This isn't the place for the debate though.


That's just my humble 2 cents...

When you look for something in the classified, do you call them up and offer more ? That's crazy. The fellow worker came looking for Jake, not the other way around.

I never said Jake did anything wrong. I even said I would have jumped on the same deal in earlier posts. My question was why would we celebrate this deal, but condemn the other guys for doing the exact same thing.

Jake,

I want to publicly apologize for hijacking this thread. It was not my intention to bash you over this deal, or even see the thread go in the direction it did. Too many people have responded to that question by defending you for what you did, and missing the point of my post.

I honestly don't think that anybody missed the point of your post omahaorange. And I'm willing to bet that most here actually agree with you.

I just don't think that this particular thread is the place. I've enjoyed reading this thread honestly. And I do think there is room for debate concerning the discussion. But, it's a discussion that doesn't belong in this thread.


and trust me omaha...my gray suit is waaaaaaaaaaay more conservative than yours is...






My many thanks goes out to the mods here at CCF...for allowing this thread to run its course...


You folks deserve a beer for this one imho.

The difference is that the Cash for Gold people would have probably given $600 less than Jake did. Of course when I look deeper I see the intent; I honestly feel Jake went into this with the best intentions.

I think Jake has taken enough abuse. I hope he knows he is still welcome and we have his back.

So, it is all out there, all sides have had their say. Let the new observers make their own decision.

As for this particular conversation, I get the last word.