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<p>[QUOTE="bhp3rd, post: 540540, member: 16510"]<b>Every body Cherry Picks everything all the time!</b></p><p><br /></p><p>Everybody Cherry Picks everything all the time!</p><p>Do you not look thru the apples at the store trying to find and only selecting the very best ones?</p><p>Now believe me I know what you are saying but this is business.</p><p>I think it is perfectly acceptable to try and Cherry Pick any dealer that I can depending on my relationship with them. What I mean by that is - if they are not a customer or mine or a business relation of mine, "all's fair in love and war" - it's my work, my knowledge, my persistence, my investment that if I can I will get paid for by finding that DDO or whatever is there to be found. Many, many exceptions to this rule though.</p><p>If I'm asked to look at someones collection and put a value on it then I would disclose the "Cherry" to the customer - that would only be fair. If I find something in a dealers stock who I know well and if the coin is vastly overlooked I would tell them so. My chances are great that with that type of approach I would end up getting the coin anyway and feel better about it though. These are my rules though and I still believe it's acceptable to Cherry Pick a dealers stock - look, if I know what it is and he does not I am in know way obligated to tell him except for the circumstances mentioned above.</p><p>True case happened last week - I was at the coin shop and look at a type set that had a Barber Halve in mint state that was the big tripled die reverse in Cherry Pickers. I knew it right away but the dealer did not. I ask if he wanted to sell just the Barber half, he said no if he was going to take it out he would put it in his type set. So I said no problem but let me tell you what you have got there. The coin was not for sale so the next best thing I could do is make sure he knew so he could get the value out of it and not let it slip away form the variety designation it needs to have and be kept with that in mind - that's all I could do and he is a friend I admire - but you better believe I would have bought it if he'd sold it to me with me, at that point knowing it's potential and value and never looked back - also knowing that he in a coin shop probably got a very good deal on it and would have made good money as it would have been expensive to begin with being a Barber Half in mint state but it's a much more valuable die variety but I would have never brought it up to him about it there would be no since in that at all. I would of had to pay pretty good money, have it attributed, then graded (yuck) then found a buyer because not every body and their brother collects Barber Half varieties (there is only about four or five in my Cherry Pickers Guild) so it would have been some work for me even if I did get it. That is why I would not have looked back but these are specific reasons tailored to this one coin at this one time this coin was worth about $500 or so without the variety and maybe double that with it - - if it had been a $100 coin worth $10,000 I would have told him right off the bat - that's to much, he would need to know.</p><p>I think each thing needs to be accessed on it's own and every point of argument has it's good and bad - but die varieties is a big part of what I do - if I did not get rewarded from time to time why would I do it?? Plus any coin a dealer sells me I assume he is making some money on, right? Why should he get the extra money a given die variety may be worth when I've worked for knowledge of it and he has chosen not to?[/QUOTE]</p><p><br /></p>
[QUOTE="bhp3rd, post: 540540, member: 16510"][b]Every body Cherry Picks everything all the time![/b] Everybody Cherry Picks everything all the time! Do you not look thru the apples at the store trying to find and only selecting the very best ones? Now believe me I know what you are saying but this is business. I think it is perfectly acceptable to try and Cherry Pick any dealer that I can depending on my relationship with them. What I mean by that is - if they are not a customer or mine or a business relation of mine, "all's fair in love and war" - it's my work, my knowledge, my persistence, my investment that if I can I will get paid for by finding that DDO or whatever is there to be found. Many, many exceptions to this rule though. If I'm asked to look at someones collection and put a value on it then I would disclose the "Cherry" to the customer - that would only be fair. If I find something in a dealers stock who I know well and if the coin is vastly overlooked I would tell them so. My chances are great that with that type of approach I would end up getting the coin anyway and feel better about it though. These are my rules though and I still believe it's acceptable to Cherry Pick a dealers stock - look, if I know what it is and he does not I am in know way obligated to tell him except for the circumstances mentioned above. True case happened last week - I was at the coin shop and look at a type set that had a Barber Halve in mint state that was the big tripled die reverse in Cherry Pickers. I knew it right away but the dealer did not. I ask if he wanted to sell just the Barber half, he said no if he was going to take it out he would put it in his type set. So I said no problem but let me tell you what you have got there. The coin was not for sale so the next best thing I could do is make sure he knew so he could get the value out of it and not let it slip away form the variety designation it needs to have and be kept with that in mind - that's all I could do and he is a friend I admire - but you better believe I would have bought it if he'd sold it to me with me, at that point knowing it's potential and value and never looked back - also knowing that he in a coin shop probably got a very good deal on it and would have made good money as it would have been expensive to begin with being a Barber Half in mint state but it's a much more valuable die variety but I would have never brought it up to him about it there would be no since in that at all. I would of had to pay pretty good money, have it attributed, then graded (yuck) then found a buyer because not every body and their brother collects Barber Half varieties (there is only about four or five in my Cherry Pickers Guild) so it would have been some work for me even if I did get it. That is why I would not have looked back but these are specific reasons tailored to this one coin at this one time this coin was worth about $500 or so without the variety and maybe double that with it - - if it had been a $100 coin worth $10,000 I would have told him right off the bat - that's to much, he would need to know. I think each thing needs to be accessed on it's own and every point of argument has it's good and bad - but die varieties is a big part of what I do - if I did not get rewarded from time to time why would I do it?? Plus any coin a dealer sells me I assume he is making some money on, right? Why should he get the extra money a given die variety may be worth when I've worked for knowledge of it and he has chosen not to?[/QUOTE]
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