Is this wrong?

Obviously i know its somewhat wrong or i wouldnt be asking but if u find a dealer that sells coins and knows nothing about them is it wrong to kind of twist the truth about the coins value in order to get a good price?

 

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We're going to need a little more information than that to have an opinion, don't you think?
Lance.

 

I've done it before.

 

What do u mena? What kind of info were u looking for? Its a local magic shop in my town who sells coins and based on emails between us about his coins he knows very little about them so i was wondering if upit would be wrong to tell him that his coins were worth less than they are to get a good deal

 

I think honesty is the best policy.

 

They are worth what someone will pay for them. There's nothing wrong with offering less than your maximum offer or what someone else might pay for them. You may pick them up cheap but lying and saying they are something they are not sounds like bad karma, let him do his own research.

 

What is a 'upit'?

 

It must be some hip new lingo.

 

Make him an offer, hope he accepts...but definitely don't lie to him.

-LTB

 

Haha sorry guys. I just meant 'it'

 

If it's a magic store the coins may be altered for use in tricks - off size, two sided, lightened, weighted, etc. Make sure you know what you're getting.

Also, as far a worth, they're worth what he wants for them. You can offer less, but in the end, you'll pay what he wants to get for them.

 

Pretend you are buying gold at a hotel room you have set up for that purpose. Substitute Grandmother for dealer and ask your question. You now have the same shoe but on a different foot.

 

I used to do magic trust me i know what im getting. Just junk kennedies frankies walkers morgans and peaces.

 

Caveat Venditor, A fool and his money are easily parted,take your pick!

 

It is always wrong, IMO, to distort the truth for your own game. Unfortunately, profit is a strong motivator too. Which side are you going to pick? The choice is our own. Choose wisely.

 

As a side note, I'd just like to say that while I was trying to sell some silver a couple weeks ago, someone posted an ad that contained links to websites that told people how much their silver coins were worth. It was almost immediately flagged for removal. I think this is quite indicative of the sheisters that populate our country looking to take advantage of the uninformed and the lazy. Please don't be one of them. Just offer a fair price, be honest in that you are allowing yourself room to make a reasonable profit and cover your expenses, time, and smelting fees and you're golden. How would you feel if you got these coins for a super great price...let's say twice face value...and then this person finds out that you really took him to the cleaners. How much is your reputation worth? How many people will this person tell about you? All good questions to ask.

 

I don't think you have to lie to the guy to get a good deal. Try honesty first, you may surprise yourself.

 

Well how is this any different than roll searching. I give the bank 5 dollars for a roll of dimes that I believe may contain coins that are worth more than 10 cents. Either way you are telling the other person that you will pay them x dollars, while you think you can sell it for x+y dollars.

 

the difference is that you are giving the bank their "asking price" and not lying to them with the intent to increase your profit margin. I can guarantee you that you will never convince the bank that the roll is worth $4.50

 

i went to a flea market around 15 years ago and offered 50p for a banknote from togo, the guy accepted it and appeared rather pleased that i had paid him more than he apparently wanted, an example of the note in the same VF condition as mine sold for £1,300 two years ago.......do i feel guilty? no! the seller was pleased that i offered over the odds for the note and was only too happy to make the sale.