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<p>[QUOTE="Owle, post: 1235957, member: 22004"]Thanks for going over the law on this. However, I will have to say that you were unusually heavy-handed. As usual many of us do not know where the dividing line is between information that helps people make educated consumer decisions as to value, rarity, etc. and privileged information that is available only if you get giant corporation the OK to share that information with others. </p><p><br /></p><p>The original poster focussed on a raw 2 1/2 Indian, the rarest of the group, but still not all that rare looking at population figures. It graded MS 63. Presumably he offered the customer who walked in his store money in line with its graded market value. $5K, $10K, 15K?</p><p><br /></p><p><br /></p><p>Then there is the issue of fair profits on such a deal. It is between him and his conscience and the customer and their knowledge and rights. Personally, the way I would handle this is give the customer all the relevant information and offer him a dollar figure, say 10% below dealer bid prices. Option 2 is to keep the customer in the dark as to real wholesale market value in order to maximize profits.[/QUOTE]</p><p><br /></p>
[QUOTE="Owle, post: 1235957, member: 22004"]Thanks for going over the law on this. However, I will have to say that you were unusually heavy-handed. As usual many of us do not know where the dividing line is between information that helps people make educated consumer decisions as to value, rarity, etc. and privileged information that is available only if you get giant corporation the OK to share that information with others. The original poster focussed on a raw 2 1/2 Indian, the rarest of the group, but still not all that rare looking at population figures. It graded MS 63. Presumably he offered the customer who walked in his store money in line with its graded market value. $5K, $10K, 15K? Then there is the issue of fair profits on such a deal. It is between him and his conscience and the customer and their knowledge and rights. Personally, the way I would handle this is give the customer all the relevant information and offer him a dollar figure, say 10% below dealer bid prices. Option 2 is to keep the customer in the dark as to real wholesale market value in order to maximize profits.[/QUOTE]
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