Numismatic Ethics

Discussion in 'US Coins Forum' started by The Virginian, Jul 24, 2008.

  1. spock1k

    spock1k King of Hearts

    i wish i could nominate this for the post of the year :D hilarious :D
     
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  3. CamaroDMD

    CamaroDMD [Insert Clever Title]

    Actually, when you go to the dentist and have a filling sometimes they have to remove an old filling or crown in the process and replace it. If that old repair was done with gold, the dentist will save the gold. Over time, a decent amount of gold will accumulate and they sell it to a smelter. A dentist will probably sell their gold a couple times a year, its standard procedure.
     
  4. rhoggman

    rhoggman New Member

    Sweet..... I am going to start chopping off heads of little old ladies....

    What they don't know won't hurt them.....

    That is not immoral is it?

    I mean, they don't know their fillings are worth anything...

    Wait I got a better idea... I'll just melt them, then I won't have to chop off any heads, or send the gold to a smelter.
     
  5. Magman

    Magman U.S. Money Collector

    thanks :D

    yeah sure, just steal my kudos while you're at it.

    when will you stop? [​IMG]



    (but why dont they give the gold to the patient? You know, the owner of the gold?)
     
  6. davidh

    davidh soloist gnomic

    So, your good friend misidentified something he had and you willingly took advantage of his ignorance.

    I'm glad I don't have any "good friends" like you.
     
  7. CamaroDMD

    CamaroDMD [Insert Clever Title]

    Well, my good friend was still a dealer...and like any of you, I look for a good cherrypick. Plus, I'm sure he only paid $3 or so for it (the wholesale price for a type 1) since he was selling it for about $7.
     
  8. spock1k

    spock1k King of Hearts

    You should create a separate thread for this. this is not as black and white as it sounds especially if it was dealer who was a dear friend as opposed to a dealer whom you knew well and did a lot of business with
     
  9. scottishmoney

    scottishmoney Buh bye

    You can ask for the dental gold back if it is extracted, it doesn't automatically become the property of the dentist unless you let it.

    Similarly I had a water heater replaced last year in my home. Out came several feet of copper and galvanized pipe and several valves. The plumber started scooping them up into a bag to take with him:eek: No sirree, I will take those to Omnisource thank you very much!

    Right now my old refrigerator is loafing in the buggy house waiting a trip to the scrap metal place.

    Word of advice, if you can scrap it, do. Don't let someone else reap the profits on your metals.
     
  10. GDJMSP

    GDJMSP Numismatist Moderator

    Let me ask all those with the holier than thou attitudes - if you find a $100 bill in a parking lot, what do you do ?

    And remember, you can type all kinds of answers here about how you would take it to the police station or the store manager - but you will know the truth even if we don't.
     
  11. sf340flier

    sf340flier New Member

    Did I see the $100 drop out of someone's pocket?
     
  12. GDJMSP

    GDJMSP Numismatist Moderator

    No.
     
  13. eddiespin

    eddiespin Fast Eddie

    If I knew whose it was I'd give it back, Doug. I expect you would, too. Real question in this thread is how deep does one's conscience go under these facts?
     
  14. sf340flier

    sf340flier New Member

    Or, more analagous to the present situation...what if you saw $100 about to fall out of someone's pocket? Do you tell them, or do you wait until it falls out, pick it up, and report your findings to everyone?
     
  15. GDJMSP

    GDJMSP Numismatist Moderator

    My point is this eddie - just about every single one of us here is taught when we are raised that if we find something valuable that we do not keep it, that we are supposed to turn it in to the authorities and let them find the owner of the property.

    But how many people actually do that ? Yeah, we have read stories about the good citizen who finds a bag or briefcase of cash and they turn it in. And eventually the true owner shows up, claims his property and the finder is lauded as a hero.

    But here is the difference, if you find a $1 bill in the parking lot what do you do ? And no you don't see who dropped it. I absolutely guarantee you that 100 out of 100 people will put the bill in their pocket, count their blessings and go about their day. All of them will do the same thing with a $5 - $10 - $20, even a $100. Only their joy at their find will be magnified with the size of the bill.

    Yeah sure, a large amount of cash may often be turned in by honest folk. Why ? Because they either feel it is the right thing to do, or they are afraid that they might get caught for not turning it in when they start spending money they cannot justify a reason to have.

    But a small amount, and yes in today's world a $100 is a small amount - that will go into their pockets because nobody will ever be the wiser and they know that the chances of the owner ever being found are pretty much zero.

    There are many ways of saying it - people in glass houses shouldn't throw stones - let he who is without sin cast the first stone. I think everybody get's the idea.
     
  16. Arizona Jack

    Arizona Jack The Lincoln-ator

    Nobody has a holier than thou additute that I have seen in this discussion, althought some have mentioned they would not rip an old lady, is that what you are talking about?
     
  17. GDJMSP

    GDJMSP Numismatist Moderator

    Yes Jack it is one of them. It doesn't matter if it is an old lady, a pre-teen or a man in is 30's. But most judge it that it is different if the young or the elderly are involved. But if someone walks into a bank and tries to cash in a roll of silver coins for face value and the teller doesn't point out to that customer that they could get much nmore money for the coins elsewhere - that then the teller is guilty of some indiscretion.

    Or the senario of cherrypicking a dealer, or another collector, or Joe Blow on the street trying to sell his coins at the flea market. Regardless of the scenario, it is always the same - one person has knowledge and the other does not. So should should the person with the knowledge inform the other is the true question. And if they do not, then is the person with knowledge guilty of an indiscretion ?

    That is why I brought up the scenario of finding money on the street. Those same people who would say that the person with knowledge committed an indiscretion would put the money found on the street in their pockets quite readily. All the while knowing that they were taught not to do that when they were children.

    My point being, that sometimes ethics matter to people and other times ethics do not matter to those same people. It's kind of like the other old saying - judge not lest ye be judged.

    I will say this, I have been behind a customer at a bank cashing in rolls of coins. That person was elderly. And when I saw that the coins were silver I stepped up, informed them that they could get much more for the coins elsewhere because they were silver, but yet the person looked at me and said, thanks, I know that, but I just want to cash them in - which they did.

    So ya see, while we are all judging others and stating what we would do in a given situation, we are at the same time making assumptions of facts that we may not know. Some elderly folks are well aware of what they have, they've been on this earth a lot longer than us and we should not always assume that they are ignorant. They make their choices and they do what they do.
     
  18. snaz

    snaz Registry fever

    what about all those posts about ebay buys..
    where CT'ers are pumped because they got a 20 dollar bill for 19.21$?
    or when they are still getting silver for under melt?
     
  19. scottishmoney

    scottishmoney Buh bye

    See my post in the other thread about a relative of mine doing just that, all the silver dollars were were money.

    It really is difficult to judge a situation when it is explained from one point of view, and then everybody else comes in and chimes with an opinion. I know what I would have done on the outset in the said situation that is the subject of this discourse, however, it might very well have turned out just as Doug has pointed out above. The customer may very well may not have cared one way or another.
     
  20. sf340flier

    sf340flier New Member

    Doug, I agree with most of what you say. But the fact pattern you mention is not the same as the one that brought up this whole discussion. Are you presuming the elderly lady knew that her roll of Walkers was worth $100 but didn't care? A lawyer would say, "Objection, facts not in evidence!"

    I would say the presumption should always squarely be on the side of logic -- in this case (using your $100 bill analogy), who would knownigly sell a $100 bill for $10? Sure they may be some, but the burden to prove this would be on the buyer offering $10, not the seller offering the $100.
     
  21. GDJMSP

    GDJMSP Numismatist Moderator

    Of course he would. And he would say the very same thing when somebody days that the teller was doing wrong because we don't know that the little old lady doesn't know the value of silver coins.

    This is the real point - "My point being, that sometimes ethics matter to people and other times ethics do not matter to those same people."
     
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