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<p>[QUOTE="Treashunt, post: 176620, member: 6763"]nesvt:</p><p> You said: "Not sure yet, but it looks like the $100 purchase is worth about $2000. I usually sell stuff like this so I can buy other dates/mints that I don't have.</p><p><br /></p><p>I contacted the guy and told him what I thought I had found, that I was sending to PCGS for grading, and that I planned to sell them. I also told him that I would split the profit 50/50. He seems okay with it and I plan to follow through."</p><p> First, how do you know what the value is? If you are using listed values, he and you will never get those numbers. Unless you are splitting the net profit.</p><p> Still, the Cherrypickers rule # 236, reads (in part) "Keep your mouth shut".</p><p> Cherrypicking is a time honored tradition of using superior knowledge to achieve a better result.</p><p>Should I have paid $40 (at the time) for a 1909 S in fine Lincoln cent that I later had slabbed as a 1909 S VDB and then given another $200 to the dealer?</p><p> Or the three 1858/7 Flying Eagle cents? Or the 1939 Jefferson Double dies? and others.</p><p> The answer is no, you took the chance, and spent your money and he made a profit from you, you simply worked harder and smarter.</p><p> Sorry, but, you have to do what you feel good with, I feel good keeping my gains, especially when know that the dealer has already made his profit.[/QUOTE]</p><p><br /></p>
[QUOTE="Treashunt, post: 176620, member: 6763"]nesvt: You said: "Not sure yet, but it looks like the $100 purchase is worth about $2000. I usually sell stuff like this so I can buy other dates/mints that I don't have. I contacted the guy and told him what I thought I had found, that I was sending to PCGS for grading, and that I planned to sell them. I also told him that I would split the profit 50/50. He seems okay with it and I plan to follow through." First, how do you know what the value is? If you are using listed values, he and you will never get those numbers. Unless you are splitting the net profit. Still, the Cherrypickers rule # 236, reads (in part) "Keep your mouth shut". Cherrypicking is a time honored tradition of using superior knowledge to achieve a better result. Should I have paid $40 (at the time) for a 1909 S in fine Lincoln cent that I later had slabbed as a 1909 S VDB and then given another $200 to the dealer? Or the three 1858/7 Flying Eagle cents? Or the 1939 Jefferson Double dies? and others. The answer is no, you took the chance, and spent your money and he made a profit from you, you simply worked harder and smarter. Sorry, but, you have to do what you feel good with, I feel good keeping my gains, especially when know that the dealer has already made his profit.[/QUOTE]
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