Ethical Question about Buying/Selling

Discussion in 'Coin Chat' started by schatzy, Feb 8, 2010.

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What would you do with the proof set?

  1. Keep It!!

    48 vote(s)
    90.6%
  2. Send it back!!

    1 vote(s)
    1.9%
  3. Tell the seller what he sold me!!

    6 vote(s)
    11.3%
Multiple votes are allowed.
  1. schatzy

    schatzy ~Roosie Fanatic~

    So I bought a proof set. I got the proof set in the mail and found out that the seller had sold me a proof set with a error inside. Based on the sellers picture I couldn't tell there are a error inside the proof set. This was a regular auction and I was the only bidder.

    I asked the seller if he sent me the right proof set.
    He said is the date correct.

    I replied yes.
    He said I only had 1 proof set with that date and that is the set in the picture.


    I don't know what to do with the proof set?
     
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  3. Marshall

    Marshall Junior Member

    This is a dilemma most have to face as a young collector. Because of your special interest and knowledge, you have found value which the seller has not. Are you ethically obliged to inform him or let him know what you know?

    To make a long story short, most collectors will say no, especially if acquired from those who are supposed to be experts and professionals. It is their obligation to know what they have. It is the basis of Cherrypicking, which is routinely practiced.

    But I applaud you for at least having this concern.
     
  4. Hudson James

    Hudson James Junior Member

    You can keep the set with a clear conscience.

    The seller wanted to sell it ..posted a photo. You bid an were sucessful. End of story.


    What was the error? Post a pic.
     
  5. abe

    abe LaminatedLincolnCollector

    It was for sale, you bought it, whats the problem? Not everyone's interested in errors...
     
  6. schatzy

    schatzy ~Roosie Fanatic~

  7. yakpoo

    yakpoo Member

    The auctions states "No Returns Accepted"...If he doesn't want it back if there's a mistake in his favor, then I guess he doesn't want it back if there's a mistake in your favor.
     
  8. swish513

    swish513 Penny & Cent Collector

    you got a no-s dime. NICE!!
     
  9. nss

    nss Gold Plated Member

    You are guessing! That photo is terrible. But...it seems like there is a mint mark on the dime.
     
  10. schatzy

    schatzy ~Roosie Fanatic~

    It is a NO-S dime that I got in the proof set.
     
  11. swish513

    swish513 Penny & Cent Collector

    that was a guess. the pic was horrible, but i couldn't think of any other major error in that set.

    again, nice grab schatzy! :bow::bow:
     
  12. rlm's cents

    rlm's cents Numismatist

    I wonder if teh other 1983 proof set he sold had the same error. I would think if he bought 2 at the same time, there would be a good chance they were the same.

    BTW, congratulations. I think I would vote for #4 - I would send the man a "tip" for the lack of a better term.
     
  13. Now that is an awesome score, a cherrypicker's delight. :hail: Congratulations! What to do? There is no universal right answer. Go with what YOU feel most comfortable doing. TC
     
  14. LostDutchman

    LostDutchman Under Staffed & Overly Motivated Supporter

    Good score!

    This is a prime example were specializing in something can give you an advantage.
     
  15. schatzy

    schatzy ~Roosie Fanatic~

    :eek: I didn't even know he sold another set.
     
  16. dctjr80

    dctjr80 Senior Member

    I believe that if a little old lady wants to give you gold coins for face value, that yes you owe her an explanation, but, I do fully believe in the hunt and cherry-picking, such as in this case where a person sold the item and you won it fair and square. Thanks for posting it is a great set and a good price it was won for :)
     
  17. green18

    green18 Unknown member Sweet on Commemorative Coins

    You "cherried" the guy. Frankly, from those pic, I don't know how you did it but you did. As for your dilemma? Liken it to going to a garage sale and picking up an old watercolor painting with a very nice frame. The frame is really what you are after because the painting sucks. You get the painting and frame home and discover while removing the painting from the frame that hidden behind the backing is a Monet. You throw out the original painting and frame and take the money to the bank. It's yours brother. Feel no remorse. After all, the guy in my example was probably just going to put the unsold stuff from his garage sale at the curb and all that junk would wind up in a landfill anyway.
     
  18. schatzy

    schatzy ~Roosie Fanatic~

    I wasn't trying to cherry pick. 1983 is my birth year and I am working on getting a complete proof roll of each coin.
     
  19. rlm's cents

    rlm's cents Numismatist

  20. green18

    green18 Unknown member Sweet on Commemorative Coins

    Ok, you didn't "cherry" him. Don't feel so guilty. You are doing absolutley nothing wrong by being in the right place at the right time.
     
  21. namvet4

    namvet4 Junior Member

    In the world of commerce it is, buyer and seller beware!
    You made a legal transaction.... so be it.
     
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