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<p>[QUOTE="sonlarson, post: 1783391, member: 15488"]I once picked up a set of coins in a mom and pop "we but gold and silver" shop. They mainly deal in junk coins but every now and the he will put some under the counter. I paid the price marked on the coins, which was about half of what it was really worth. I also purchased a few Morgan dollars at close to melt. A couple of months later I ran into the owner. He mentioned the coins that I had purchased and said that he had seen another like it priced at what it was really worth. He asked me if I knew what it was worth when I bought it. I asked him if he knew what it was worth when he bought it and did the seller know the value. He replied that the seller only wanted what he was paying for junk silver. He paid melt for the coins and I paid his price. Do I feel guilty? Not really. The original seller was happy with what he got, the dealer was happy with what he sold the coins for, and I was happy with the price I paid. Since the owner is a businessman, he was actually happy that I found a bargain. I still do business with this dealer and we are still friends. I later found a silver medal he had priced at $30 and went home and researched it. I found that it was worth $150. I called him and told him he needed to reprice the coin, which he did. I also send him business whenever I can.[/QUOTE]</p><p><br /></p>
[QUOTE="sonlarson, post: 1783391, member: 15488"]I once picked up a set of coins in a mom and pop "we but gold and silver" shop. They mainly deal in junk coins but every now and the he will put some under the counter. I paid the price marked on the coins, which was about half of what it was really worth. I also purchased a few Morgan dollars at close to melt. A couple of months later I ran into the owner. He mentioned the coins that I had purchased and said that he had seen another like it priced at what it was really worth. He asked me if I knew what it was worth when I bought it. I asked him if he knew what it was worth when he bought it and did the seller know the value. He replied that the seller only wanted what he was paying for junk silver. He paid melt for the coins and I paid his price. Do I feel guilty? Not really. The original seller was happy with what he got, the dealer was happy with what he sold the coins for, and I was happy with the price I paid. Since the owner is a businessman, he was actually happy that I found a bargain. I still do business with this dealer and we are still friends. I later found a silver medal he had priced at $30 and went home and researched it. I found that it was worth $150. I called him and told him he needed to reprice the coin, which he did. I also send him business whenever I can.[/QUOTE]
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