Reply to Thread

Message:: [QUOTE="dctjr80, post: 671158, member: 15915"]I believe that knowledge should be shared in groups, on the internet, in books etc. But not in business. Now do not get me wrong, I do not believe it is right to deceive either. It would not be right to tell some one there coins are not worth their asking price, to lower it. Or for a seller to lie and say something is worth more than it is to trick a less knowledgeable collector into paying more than the coins are worth. Not many dealers care to know the value of foreign coins, so when they sell me a bag of coins for $3 and there is a $40 coin in the bag, I keep that knowledge to myself. In business Time Spent=Money and in collecting Time=Knowledge, and when purchasing coins Knowledge=Profit. You spent time & money to gain your Knowledge and I wouldn't give my Knowledge away freely in a business deal. I agree with the earlier post too, that I would never mention that my purchase was more profitable than they sold it to me. I have regular shops that I go to and I am asked did I find anything GOOD? from my last purchase and my responce is "some were nice and some weren't anything, but I just enjoy collecting". I have purchased 500, 100, 50 Yen coins from shops for ten cents each. It isn't my job to teach them that these are Japanese money currently worth 5 Dollars, 1 Dollar, and 50 cents. and the same with Swiss 5,2,1 Francs. Just examples.[/QUOTE]