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 Replies: 25 / Views: 2,261 |
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Pillar of the Community
Canada
1267 Posts |
Lots of advice, but the decision is solely yours. If it were me, I'd give the guy at least another $20. Like Superdave said, karma.  Bruce Edited by hadleydog
02/22/2007 05:32 am
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Valued Member
United States
397 Posts |
Find out what his favorite restaurant is, and get him a gift certificate of whatever value you want. To me, the fact that you took the time to find out and go get it is much nicer and more personal than someone just handing me a 20. You do not have to say anything about the value of the coins, just that you really like them, and wanted to do something nice for him for giving you a chance to buy them, along with the suggestion that if he finds any more coins, let you know....always think ahead  MM  Edited by morganman
02/22/2007 06:43 am
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Pillar of the Community
United States
560 Posts |
I don't think you should feel bad about this. I agree with JIM1953 that giving him $20 might create a rift. And as for karma, let me relay a little story. About 20 years a go me and a friend from work had just got paid and drove through a drive-through bank. We both put our paychecks in the vacuum tube and sent them to the teller. The teller sent our paychecks back and the cash too. I drove off and then we realized what had happened. We talked about our dilemna and agreed to think about it for a day or two. I wanted to keep the money but my friend thought we should return it. I finally relented and we returned the money. One week later my friend, the good guy, died in a car accident.
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Pillar of the Community
United States
1083 Posts |
Karma is hooie, but how you feel is not. Without discussing value, take him out for a nice meal and tell him that it is for finding some coins that you wanted for your collection. If the subject of value comes up, just tell him that without being professionally graded you can't be sure, but they are probably worth a bit more than $10, but who knows how much? I would stay away from giving him more money.
Colin
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Pillar of the Community
Czech Republic
803 Posts |
You have to look at this situation from every possible angle before making a decision, such as this. For example, what if all of the coins were so PVC corroded that you had no choice, but to throw them away? You would have been out of $10. It was a gamble buying something sight-unseen and it just as easily could have been a loss, instead of a win.
In my opinion, the deal was sealed when you paid him and he provided you with the coins.
~Roman
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Pillar of the Community
United States
2600 Posts |
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Pillar of the Community
United States
1703 Posts |
I would use the "Two week rule" If your conscience is still bothering you at the end of two weeks,then give him a few dollars more.If not then forget about it.Deal done.Then..... I would ask if he has anymore he wants to part with.   |
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Pillar of the Community
United States
830 Posts |
Personally, I wouldn't bring the subject up again with your friend.
Having said that, YOU need to do whatever will let YOU sleep nights.
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Pillar of the Community
Canada
1267 Posts |
Has anyone considered how the friend is gonna' feel if he gets a little curious and discovers for himself that the coins were worth a fair bit more? How about the fact that mathman has some numismatic knowledge and the friend does not, and from that knowledge knew he could not lose with the original offer. If this was a little old lady with no numismatic knowledge who was offered $10 over the phone for them from a coin dealer, would we not all consider the dealer scum if he didn't offer the lady fair value when she came by the shop, saw them in hand and realized they were worth far more than his original offer? Are dealers held to a different standard than us?
Not the kind of rip I would be comfortable with. JMHO.
Bruce
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Pillar of the Community
United States
7123 Posts |
Let me start by saying you have done nothing wrong,, I buy piggy banks old jars full of cents ,peoples sock drawer change ,,I pay face value for them .I have done this for years and will continue to do so ,,In these little piles of change I have found many silver coins as well as many many wheat cents ,Indian head cents and many other worth while coins.
The man approached you ,set the price, and the deal was completed, your knowledge of coins did not enter into the deal, He did not ask you to appraise the coins nor did he ask you to pay a reasonable amount based on the coins once you had a chance to see them.
Take your coins and good fortune in stride ,,thank the man for thinking of you and ask that he continue to do so,, but this time tell him that you will pay him based on the coins he brings and let it go !!
Metalman
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Valued Member
 United States
179 Posts |
Well, I think, for me, hadleydog hit the nail on the head. In retrospect (and in the future) I think I should have said, let me see them first and I'll let you know. Then, I can make a fair offer.
I'm not opposed to getting a good deal, but there is no reason to get a "steal" either.
I like the idea of buying him dinner or some such act so that I can square things up without "belittling" him for making a bad deal.
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Pillar of the Community
United States
1703 Posts |
hadleydog,
I believe the time for the seller to get curious about the coins worth was before the sale and not after.He can only be mad at himself as he offered the sale and they were bought sight unseen.
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Pillar of the Community
Canada
1267 Posts |
TLS5933, the token extra given to the seller, regardless what form it's in, would make this a real win-win for everybody. Perhaps I'm a little old fashioned in my values, but small gestures like this can lead to lifelong acquaintances and friendships, and you can't put a monetary value on that. |
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New Member
United States
5 Posts |
<i>"Turns out mom gave it away years ago when cleaning out the attic... "</i>
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My mom did the exact same thing to me.She even gave away two full shoe-boxes stuffed with 1950s and early 1960s baseball cards (Topps) which I had won at school, playing topsies, match/dematch, and other games.
When she told me (sometime in the 70s after I left home, I told her it was OK and that I didn't care, but now I'm kinda wishing I had gone and retrieved them.She gave them to a neighborhood kid who was more up on their value than I was.
The neighborhood kid sorta kinda offered to give some of them back (in the 80s) but I told him it was OK and to keep them.
Was I dumb? probably.
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Valued Member
United States
81 Posts |
You got a good deal. You cherry-picked a good deal. You have no obligation to let him know. He obviously had no interest in those coins or else he would have graded and valued them himself. Just consider yourself lucky to get a good deal. Believe me, there will be times when you will get raw deals.
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Replies: 25 / Views: 2,261 |
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Posted 02/22/2007 06:40 am
