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<p>[QUOTE="medoraman, post: 1328031, member: 26302"]All good questions Doug. I am unsure of where I would be. My first inclination would be that it would be wrong to compare bid lists and agree to bid/not bid, I would simply be uncomfortable with that. Maybe asking if he was bidding strongly or not, maybe I would be ok with that, but no numbers, and no quid pro quo on assigning pieces to bid.</p><p><br /></p><p>Regarding the Rep, that is a very tough one. Going through the permutations, I think he should tell one party it conflicts with an existing bid he is representing. My first thought is he should simply execute the higher bid, but then what if it sells for less than the lower bidders threshold. If he says anything to the lower bidder, he is violating the trust with the higher bidder.</p><p><br /></p><p>I agree with the value of a rep. Way too many people bid on coins without having eyes on site to see it, that scares the heck out of me, and you are right a good rep can many times read a room and get it cheaper than you can by mail bids.</p><p><br /></p><p>Doug, does it help to know this is a large group lot whether I should tell my friend about it? I doubt he would ever know even if I showed him some of the coins. Or do you feel either way I should mention it?</p><p><br /></p><p>Chris[/QUOTE]</p><p><br /></p>
[QUOTE="medoraman, post: 1328031, member: 26302"]All good questions Doug. I am unsure of where I would be. My first inclination would be that it would be wrong to compare bid lists and agree to bid/not bid, I would simply be uncomfortable with that. Maybe asking if he was bidding strongly or not, maybe I would be ok with that, but no numbers, and no quid pro quo on assigning pieces to bid. Regarding the Rep, that is a very tough one. Going through the permutations, I think he should tell one party it conflicts with an existing bid he is representing. My first thought is he should simply execute the higher bid, but then what if it sells for less than the lower bidders threshold. If he says anything to the lower bidder, he is violating the trust with the higher bidder. I agree with the value of a rep. Way too many people bid on coins without having eyes on site to see it, that scares the heck out of me, and you are right a good rep can many times read a room and get it cheaper than you can by mail bids. Doug, does it help to know this is a large group lot whether I should tell my friend about it? I doubt he would ever know even if I showed him some of the coins. Or do you feel either way I should mention it? Chris[/QUOTE]
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