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Ethical Question

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Pillar of the Community
United States
2600 Posts
 Posted 02/22/2007  09:40 am  Show Profile   Bookmark this reply Add Jim1953 to your friends list Get a Link to this Reply
Amen, Okie
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TLS5933's Avatar
United States
1703 Posts
 Posted 02/22/2007  10:19 am  Show Profile   Bookmark this reply Add TLS5933 to your friends list Get a Link to this Reply
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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AuldFartte's Avatar
United States
830 Posts
 Posted 02/22/2007  10:47 am  Show Profile   Bookmark this reply Add AuldFartte to your friends list Get a Link to this Reply
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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hadleydog's Avatar
Canada
1267 Posts
 Posted 02/22/2007  1:26 pm  Show Profile   Bookmark this reply Add hadleydog to your friends list Get a Link to this Reply
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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Metalman's Avatar
United States
7123 Posts
 Posted 02/22/2007  1:53 pm  Show Profile   Bookmark this reply Add Metalman to your friends list Get a Link to this Reply
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
Valued Member
mathman's Avatar
United States
179 Posts
 Posted 02/22/2007  3:38 pm  Show Profile   Bookmark this reply Add mathman to your friends list Get a Link to this Reply
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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TLS5933's Avatar
United States
1703 Posts
 Posted 02/22/2007  5:56 pm  Show Profile   Bookmark this reply Add TLS5933 to your friends list Get a Link to this Reply
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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hadleydog's Avatar
Canada
1267 Posts
 Posted 02/22/2007  10:16 pm  Show Profile   Bookmark this reply Add hadleydog to your friends list Get a Link to this Reply
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.
New Member
United States
5 Posts
 Posted 02/23/2007  07:20 am  Show Profile   Bookmark this reply Add Clutch to your friends list Get a Link to this Reply
<i>"Turns out mom gave it away years ago when cleaning out the attic... "</i>
=============

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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luskie's Avatar
United States
81 Posts
 Posted 02/23/2007  08:47 am  Show Profile   Bookmark this reply Add luskie to your friends list Get a Link to this Reply
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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