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<p>[QUOTE="Cloudsweeper99, post: 178274, member: 3011"]I voted 20% because it is closest to my personal experience. However, I think the poll should really have been split into two questions: one for buying coins from the dealer and the other selling coins to the dealer.</p><p><br /></p><p>I suspect but cannot prove with any data that the average buyer of coins is probably more knowledgeable than the average seller. So dealers are probably forced by circumstances to be a bit more honest when selling because the buyer frequently knows as much or more than they do. So maybe I'd give them a 33% on that question.</p><p><br /></p><p>Sellers of coins are frequently selling coins they did not collect, or feel forced to sell regardless of the bid, and they are basically sheep waiting to be sheared. I think the vast majority of dealers prey on these folks. I'd give them a 5% rating on that question [one out of 20 honest dealers]. </p><p><br /></p><p>On other aspects of the question, I'd say internet dealers selling coins are probably slightly more honest than B&M dealers on the sell side. On the buy side, they are probably close to the same.</p><p><br /></p><p>There is also the questions raised by others about whether some of this might be related to competence, which is probably true. There is also the issue about whether it is honest or ethics, which is pretty much the same as searching for an excuse to cheat others.</p><p><br /></p><p>Anyway, those are my thoughts on the matter -- all opinion, no fact.[/QUOTE]</p><p><br /></p>
[QUOTE="Cloudsweeper99, post: 178274, member: 3011"]I voted 20% because it is closest to my personal experience. However, I think the poll should really have been split into two questions: one for buying coins from the dealer and the other selling coins to the dealer. I suspect but cannot prove with any data that the average buyer of coins is probably more knowledgeable than the average seller. So dealers are probably forced by circumstances to be a bit more honest when selling because the buyer frequently knows as much or more than they do. So maybe I'd give them a 33% on that question. Sellers of coins are frequently selling coins they did not collect, or feel forced to sell regardless of the bid, and they are basically sheep waiting to be sheared. I think the vast majority of dealers prey on these folks. I'd give them a 5% rating on that question [one out of 20 honest dealers]. On other aspects of the question, I'd say internet dealers selling coins are probably slightly more honest than B&M dealers on the sell side. On the buy side, they are probably close to the same. There is also the questions raised by others about whether some of this might be related to competence, which is probably true. There is also the issue about whether it is honest or ethics, which is pretty much the same as searching for an excuse to cheat others. Anyway, those are my thoughts on the matter -- all opinion, no fact.[/QUOTE]
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