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Dilemas, Dilemas..how To React?

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Jaymon74's Avatar
United States
844 Posts
 Posted 03/29/2011  11:35 am Show Profile   Bookmark this topic Add Jaymon74 to your friends list Get a Link to this Message Number of Subscribers
About 2 months ago I was talking to a close co-worker. He told me his wife got a job as a teller at the bank. I was really happy for her!

Well, being the coin guy at work, I started up a conversation about the benefits of working at a bank. He, nor she knew anything about coins. I told him about what to look for and all. Even wrote out a list she could take to work. I only asked that if she came across a hoard of silver, (mainly quarters) that I would like to buy some from him/her. I even offered to pay half melt value. (My intention is to keep for collection, not make profit.) He said no problem. They were both excited to have the information. So there was that.

Last week (Friday) he comes in and tells me that she was able to get $20.00 worth of pre-64 quarters for face. I was ecstatic! Unfortunately when I mentioned our deal, he backed out of it.

Let's make something clear before assumptions are made. They are NOT hurting for money. House paid for, no kids, both working and they have a rental property. My exact words was this "sweet! Bring em in and I'll buy about $50.00 worth."

The other thing is, he stated from the beginning that he would only hold on to the silver for investment. So me cherry-picking through them was not a problem. He didn't deny that we made a deal. Just that he is going to "hold onto them".

I'm starting to think he cares more for lining his pockets than keeping a friend.

What do you think?



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scurry64's Avatar
United States
900 Posts
 Posted 03/29/2011  11:41 am  Show Profile   Bookmark this reply Add scurry64 to your friends list Get a Link to this Reply
I agree. I think it was crappy of him to take the information you gave him and use it for his personal gain, especially since you seem to have an arrangement in place.
At this point you need to decide whether you can overlook his shortcomings and be the bigger person. Which is more important to you . . . his friendship, or your coin collection. It seems to me that he has already made a pretty clear statement about his priorities.
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hockingzig's Avatar
United States
1450 Posts
 Posted 03/29/2011  11:42 am  Show Profile   Bookmark this reply Add hockingzig to your friends list Get a Link to this Reply
Unfortunately,money often ruins friendships either by borrowing and not repaying or situations like yours. I suggest if the friendship is worth keeping you take the high road and forget the coin deal. My experience has been,you never know the full story,it may be pressure from his wife or some other aspect of their lives you don't know about. Just put it behind you and continue the friendship. If a few coins are going to destroy the friendship,how good of a friendship was it in the first place?
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ancientcoinguy's Avatar
United States
842 Posts
 Posted 03/29/2011  11:57 am  Show Profile   Bookmark this reply Add ancientcoinguy to your friends list Get a Link to this Reply
"The love of money is the root of all evil". I would be upset myself. What does his wife think about all the goings-on here?
Valued Member
Bluntedbobylon's Avatar
United States
247 Posts
 Posted 03/29/2011  12:01 pm  Show Profile   Bookmark this reply Add Bluntedbobylon to your friends list Get a Link to this Reply
He needs a slap
Bedrock of the Community
biokemist6's Avatar
United States
12437 Posts
 Posted 03/29/2011  12:07 pm  Show Profile   Bookmark this reply Add biokemist6 to your friends list Get a Link to this Reply
Now you know what needs to be done, feed him misinformation so he saves a bunch of dreck Oh yeah, those 1975 and 1976 nickels were special silver issues for the Bicentennial and so on...
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United States
810 Posts
 Posted 03/29/2011  12:13 pm  Show Profile   Bookmark this reply Add Double Mint to your friends list Get a Link to this Reply
Happens. Just look at the benefit of it all you started another coin collector.
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United States
759 Posts
 Posted 03/29/2011  12:13 pm  Show Profile   Bookmark this reply Add OneBowl to your friends list Get a Link to this Reply
Would he possibly accept a straight trade of your junk silver quarters for anything collectible you'd like to have? Just an idea, albeit, one that might be difficult to suggest at this point. Seems like a possible compromise.

And personally, I think a few coins can be sufficient cause to end or alter a friendship. Core values can rise to the surface in seemingly insignificant situations. Honestly and integrity are in play here, IMO. By my calcs, he's doing this over $50. Imagine if the stakes were higher. Since he's a co-worker, no outward change in the relationship probably serves you best, but you now know what's really beneath the surface.
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Bizybackson's Avatar
United States
1817 Posts
 Posted 03/29/2011  12:25 pm  Show Profile   Bookmark this reply Add Bizybackson to your friends list Get a Link to this Reply
Well now you know what a true "friend" your co-worker is where there's money involved. Rather than make your work situation intolerable by creating an enemy, I'd suggest you'd drop it and just let it be, lesson learned. He should have known better, if he was going to renege on your deal, best to have kept his mouth shut.
Bedrock of the Community
United States
20753 Posts
 Posted 03/29/2011  12:26 pm  Show Profile   Bookmark this reply Add just carl to your friends list Get a Link to this Reply

Quote:
They are NOT hurting for money. House paid for, no kids, both working and they have a rental property. My exact words was this "sweet! Bring em in and I'll buy about $50.00 worth."

I suggest you not only forget the entire situation, but even help him with other possible coins to look for. Yes I know you think what happened it rotten but then too, you REALLY do not know his financial situation. Many, many people put on some fantastic fronts about their financial situations and yet live from day to day.
House paid for? Or is this what they say? Rental property? Might have a fantastic mortgage on that for all you know. Bot hworking? Of course with things today, there are many with 2 to 3 jobs per family member.
Maybe you know for sure about his financial situation but in case your wrong, just go along with it all. Coins are just a piece of metal but a true friend is something you can't find in change.
Yet if all goes well and they are well off, eventually they might just get tired of stashing coins and just give them to you for Christmas. YOU really have nothing to loose.
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3660 Posts
 Posted 03/29/2011  12:30 pm  Show Profile   Bookmark this reply Add zeewool to your friends list Get a Link to this Reply
It is very hard to judge a situation based on a few short one-sided sentences.... possibly the definition of the word 'friend' might be on trial here.

A 'friend' holds a totally different meaning to me than does the forced situation of a coworker..... to me, a friend is someone who I want to be with, someone who can commit various atrocities and will still draw favor in my eyes..... I have certain expectations of my friends, and I am sure that the feeling is mutual.... I have little to no expectations of associates (on a personal basis).

Someone that I am forced to associate with, I don't really consider to be a friend unless I would spend time with that person anyway..... years of small talk and getting to know about a person does not qualify as friendship to me.

If this person considers you to be a friend, the coins might have been simply given to you as a gift..... likewise, if you consider this person to be your friend, it might be rather petty of you to think lowly of him for such a trivial thing.

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Jaymon74's Avatar
United States
844 Posts
 Posted 03/29/2011  12:32 pm  Show Profile   Bookmark this reply Add Jaymon74 to your friends list Get a Link to this Reply
This is all true. I just hate the idea that I'm helping this guy make money, and he doesn't have the decency to acknowledge it by honoring a deal. Honestly, I had a hard time being around him after that, and few words have been exchanged since. I can let it go I suppose. Maybe it should be lesson learned and move on?

1913-V, He's not collecting like you and I know it. He is hoarding silver for profit.

just carl, I do know for a fact that his financial situation is as stated. Her Grandmother was quite wealthy and when she passed they were able to pay cash for their home and also the one they were previously living in.

zeewool, I was the one that got him hired in under my supervision. (I was a team leader then. I stepped down so he could take my place.) We have hung out outside of work. Shooting guns, fishing, drinking. Have known each other for about five years.
Edited by Jaymon74
03/29/2011 12:40 pm
Pillar of the Community
United States
539 Posts
 Posted 03/29/2011  12:35 pm  Show Profile   Bookmark this reply Add weavus135 to your friends list Get a Link to this Reply
all of the friendship stuff aside...80 silver quarters in 2 months...where is this bank? I need to frequent the retailers in that area. someone is spending a lot of silver!!

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KenKat's Avatar
United States
4085 Posts
 Posted 03/29/2011  12:43 pm  Show Profile   Bookmark this reply Add KenKat to your friends list Get a Link to this Reply
I am going to take a different tack on this one - please don't take this wrong, but here are some thoughts:

You originally offered him half melt. That doesn't strike me as a great deal for him, honestly, either. Yes, you helped him in that you made him aware of the value, but maybe he is feeling a little taken advantage of as well. I mean, melt value is the bottom value of the coins.

Will he let you cherrypick and buy (at full melt) any you are interested in? That would be a pretty good deal also.

I'd try to put it behind you otherwise. Ultimately, they are his coins - perhaps he made the original deal before he really realized what the full value was.

Just my thoughts.

Best regards,
Ken
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Jaymon74's Avatar
United States
844 Posts
 Posted 03/29/2011  12:43 pm  Show Profile   Bookmark this reply Add Jaymon74 to your friends list Get a Link to this Reply
weavus135, This amount of silver was all deposited at once by a guy. Don't know why. It just happened. She said he was old, guess maybe he had a stash and cashed.

Yeah, I need to work at a bank.
Pillar of the Community
United States
759 Posts
 Posted 03/29/2011  12:46 pm  Show Profile   Bookmark this reply Add OneBowl to your friends list Get a Link to this Reply
This just seems like a good thread to throw out one of my favorite lines: unless you see somebody's personal balance sheet, you have no clue what could really be going on.

The $500K a year anesthesiologist with the mansion could be days away from bankruptcy.

The row house lady eating cat food might be leaving millions to her favorite charity.
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