Getting a great deal does not necessarily mean that you did something wrong. The fact that my goal has been a modest one - getting quality 90% near melt, is what made this deal even sweeter. I had told by phone both the seller and the friend who referred me to him by that I may just buy part of what he had. (90%, maybe a little government .999) He said that he would rather sell it all at a bargain price than just sell part. If I was not getting a bargain, I would not have had much interest in proof sets, or framed coin displays. and less in casino rounds of assorted weights,
War Nickels, wheat cents, etc.
BTW, here are some of the things I consider unethical behavior by buyers:
1. Lying about POS, silver content or weight. or in response to a seller's question about a coin.
2. Saying "that is the best price you are going to find" when making a low offer.
In itself making a low offer is not unethical, the seller can take it or leave it, though I don't like making offers that are way low. The "low offer" I would typically make is melt or just below for 90%, not volunteering the fact that silver dollars could bring more, unless asked. In this case the seller voluntarily came down a lot in price, wanting to sell it all. I got him to come down $200 more (I was buying an assortment of items that I normally would not, and felt at the time that the casino round were akin to
War Nickels or 40% halves. A bit of research has shown that they are reasonably popular. Still my stack is maybe 5% .999 and that is government coins, not rounds. I will have some work to do to sell off a lot of what I bought.
Posted 06/15/2014 06:18 am
let turn the table around. It is your family member who knows little about what he or she is selling and was referred to a friend of a friend. Would you say they got a fair deal or would you have a talk with your so call friend.
