Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
Cherrypicking Etiquette
>
Reply to Thread
Message:
<p>[QUOTE="huntsman53, post: 176561, member: 1242"]nesvt,</p><p><br /></p><p>If you felt that this was the right thing to do, then it was right! However, most other Cherrypickers would not have done the same and many that I have seen, would have tried to get a better price on the coins, even though they knew that they had made some significant finds of high value.</p><p><br /></p><p>When I purchase coins from people that call me or drop by the Flea Market, I can't in good conscious cheat them out of their' coins! Even if the person says that they will take $100 for the coins but I know that the coin are worth $500 or more, then I will pay them more for the coins. However, if I purchase coins from a Coin Dealer and know or find out that they are worth a lot more, I generally would not give him/her more in the event that the coins sold for a significant price over what I paid. I do have an exception to this rule and that might have been your reasoning as well and the exception would be, if the Coin Dealer was a small time or new Dealer that was struggling to stay in business and provide for his/her family. However, most of the Coin Dealers that I know, have been in the business for many years and most of them they make $50,000 to $250,000 transactions each and every week of the year. Many of these same Coin Dealers, have really cheated me when purchasing coins from me and cheat many, many others each an every week. Some of them even boast how they only paid $500 for a collection of coins that were worth $3,000 or more or paid only $800 to an elderly lady for her late husbands coin collection, that was worth $40,000. So, as you can see, I have very little sympathy for most Coin Dealers!</p><p><br /></p><p><br /></p><p>The Other, Other Frank[/QUOTE]</p><p><br /></p>
[QUOTE="huntsman53, post: 176561, member: 1242"]nesvt, If you felt that this was the right thing to do, then it was right! However, most other Cherrypickers would not have done the same and many that I have seen, would have tried to get a better price on the coins, even though they knew that they had made some significant finds of high value. When I purchase coins from people that call me or drop by the Flea Market, I can't in good conscious cheat them out of their' coins! Even if the person says that they will take $100 for the coins but I know that the coin are worth $500 or more, then I will pay them more for the coins. However, if I purchase coins from a Coin Dealer and know or find out that they are worth a lot more, I generally would not give him/her more in the event that the coins sold for a significant price over what I paid. I do have an exception to this rule and that might have been your reasoning as well and the exception would be, if the Coin Dealer was a small time or new Dealer that was struggling to stay in business and provide for his/her family. However, most of the Coin Dealers that I know, have been in the business for many years and most of them they make $50,000 to $250,000 transactions each and every week of the year. Many of these same Coin Dealers, have really cheated me when purchasing coins from me and cheat many, many others each an every week. Some of them even boast how they only paid $500 for a collection of coins that were worth $3,000 or more or paid only $800 to an elderly lady for her late husbands coin collection, that was worth $40,000. So, as you can see, I have very little sympathy for most Coin Dealers! The Other, Other Frank[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
Cherrypicking Etiquette
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...